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News flash: Do try this at home. Well, some of it.

While retailers desperately try to offload their wares, the media have found a new tack: how to make the most of the clothes you already have. The Today Show offers up an unintentionally hilarious demo on how to update your current wardrobe (answer: glue on zippers and fringe. No, no, no!), while AnOther magazine includes homemade cardboard bralets and plastic-bag bustiers in a sexy spr
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News flash: Yes, Virginia, there is some good news out there

Amid word of Barneys' layoffs, Thom Browne's possible bankruptcy, and even the previously indomitable jewelry market taking a turn for the worse, there are actually a few bright spots. American Apparel secured new financing to stave off a close scrape with bankruptcy; a resurgent Chloé has opened a pretty new flagship in Los Angeles; and Topshop's van is giving away free things on the streets of Manhattan to celebrate its upcoming April 2 opening.Via WWD, The Cut
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News flash: Jil Sander for Uniqlo, LV sues Google

Our designer of the year, Uniqlo, sent its stock prices skyrocketing this week with a surprise announcement: Jil Sander -- that's the real Jil Sander, not the sculptural Raf Simons-designed label that bears her name -- will be helming the Japanese mass-market chain's design section. British Vogue is wondering whether the notoriously monochromatic Sander will institute changes to the label's usual
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News flash: Store openings, for better or for worse

Hipster T-shirt juggernaut American Apparel opened 81 stores last year, bringing its total to more than 260 doors worldwide. It seemed to be on its way to becoming the Starbucks of cotton jersey, but instead, the company may be on its last leg(ging)s, reports WWD today. Founder Dov Charney has loaned AA $6.5 million out of his own pocket since December, not nearly enough to pay off a $51 million loan that comes due next month. This should come as no discouragement to Adidas, which launched its new concept, SLVR, with a freestanding store in New York last month, with more to come in Paris
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News flash: Luxury tightens its belt

Amid Karl Lagerfeld's let-them-eat-cake quotes, Donatella Versace's staunch refusal to dilute her brand by offering sales, and the opening of Giorgio Armani's lavish new Fifth Avenue flagship, the fact remains that the economy is affecting everyone's sales -- well, everyone except Uniqlo, whose same-store sales rose 4% in February. And so, even luxury labels are now starting to tighten their belt
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