Where the runway meets the street

The recession has forced companies to watch their like-for-like sale like it was a Hip-Hop album in its first week. This has ultimately lead to some cost cutting procedures as labels look to only keep profitable arms of their label. Drapers reports that Burberry is shutting down its diffusion line, Thomas Burberry. There’s no word on which collection will be its last but it can be assumed that S/S09 will be its last season.

Managing Director N.A.

Jeff Carvalho is Managing Director for Highsnobiety N.A. in New York City. He holds a journalism degree from Northeastern University.

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