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Sometime in the early Aughts, when I was a wet-behind-the-ears WWD business reporter, a colleague replied to some silly thing I'd said by looking aghast and asking, "Don't you know? Fashion is all about the shoes and the bag."

The shoes and the bag.

I didn't know then how right she was, in both sartorial and business terms.

Every once in a great while the fashion industry hits a sleepy patch and a week passes when nobody says much of anything -- at least in a public forum that we can scrutinize.
After two months listening to a small army of lawyers bicker back and forth over the sale of Martha Stewart-designed goods, it's safe to say that presiding Judge Jeffrey Oing has made up his mind on how he will rule.

I am a complete and absolute sucker for Thin Mints.
I was waiting at a restaurant recently and following the up-to-the-second fashion week news on Twitter when my incoming tweets slowed to a crawl and then stopped.

Just before William Ackman squared off with Carl Icahn on CNBC last week -- in which the two activist investors engaged in a surprisingly personal round of verbal fisticuffs, ostensibly over direct merchant Herbalife -- Ackman hinted at things to come at one of his biggest investments, J.C. Penney Co. Inc.

The New Year arrives with a relatively clean slate for fashion.

The Burches have buried the hatchet, fresh faces are in place and finding their footing at Saint Laurent and Christian Dior and changes to the U.S. tax code helped push through a number of deals that had been lingering.

Women get a raw deal in business.
Richard Baker -- a real estate executive turned retailer -- has found a kindred spirit in the Hudson's Bay Co.
Here's what e-commerce means for Neiman Marcus: 4 extra cents of operating profits out of each sales dollar.


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