Marc Jacobs cancels holiday party
source: http://www.wwd.com/fashion-news/fashion-scoops/no-holiday-marc-jacobs-robert-duffy-nix-party...
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Bummer! Seems like everyone is feeling the credit crunch. Marc Jacobs has announced he is cancelling his famed holiday party this year. Robert Duffy, Jacobs' partner for the party, released the following statement: "Due to the financial climate, I had to make the decision to cancel the 2008 holiday party. It pains me as this has been a Marc Jacobs tradition for the past 18 years. Hopefully it will be reinstated next year."
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