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Clippings: Even the Wealthy Don't Buy Luxury Edition

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Clippings: Even the Wealthy Don't Buy Luxury Edition

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- Luxury retailers, beware -- apparently the truly wealthy now believe most "luxury" products are over-commodified and lacking true value. [WWD]

- It's not always easy being fabulous: Someone sent fashion columnist Derek Blasberg a dead chicken yesterday. [Twitter]

- Marc Ecko may soon lose the controlling stake in his own company, as Iconix is nearly a deal to acquire 51 percent or more of the brand. (This after they made the same move with Ed Hardy -- do we detect a trend?) [New York Post]

- Yet another model joins Sir Philip Green's roster: Yasmin Le Bon is now designing clothing like velvet tuxedo suits. [WWD]

- In addition to Rick Owens' highly coveted modern clothing, he apparently also makes "raw" furniture, currently being sold in London. [WWD]

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