What does the recession mean for fashion right now?
Clinton: For too long, Americans have been obsessed with quantity over quality. It’s all about having a closet full of junk. I think that Americans, style-wise, need to put on the brakes, reassess how they’ve been dressing, realize that junk is junk and they should have fewer pieces that are better quality and just wear them more often. That’s what I hope will happen. Stacy: It’s a fantastic opportunity for the consumer because everything is on sale, but it’s a really fantastic opportunity for the industry in terms of innovation. I don’t think that great style happens in a vacuum; you need parameters in order to have great style and the recession forces us to think about new ways of putting our wardrobes together, shopping in our own closets, or even for designers to make clothing at a good price point. How did you react when Whoopi Goldberg ranted on ‘The View’ about Stacy’s style assessment? Clinton: I don’t think what Stacy said was really that off the mark, quite frankly. She’s an
