Return of the Hemline Theory

Suzy Menkes writes that of course the stock market is down. That should have been obvious to anyone watching hemlines.

Fashion is always a mirror of society. Thus, in a strange forecast of what the Federal Reserve discovered in the banking system, overexposure and total transparency in the wardrobe has been followed by complex cover-ups and a downward spiral. Fashion designers now seem clairvoyant.

Here’s what I wrote two years ago when inseams were rising.
So let’s not blame Fannie and Freddie. Instead, let’s blame Angelina and Jessica.

Posted by Eddy Elfenbein on July 21st, 2008 at 10:07 am

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