News flash: NYC designers make it work, together!

The Cut reports today that the ever-resourceful NYC fashion industry is working collaboratively to afford Fashion Week. Jewelers and fashion designers are showing together; fashion designers are showing in one another's stores; models, stylists, and publicists are cutting their rates; and Betsey Johnson, caught up in the collective spirit, plans to offer champagne to "all of my guests... not just the front row!" In spite of the unfortunate Alexander Wang and Marc Jacobs party cancellations, maybe this recession won't be all bad.