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Sep 5 2008 10:45AM EDT

Morning Hemlines: Movado, Mila Schon, Barney's, and lots of Fashion Week

Some designers are tweaking their business practices and Fashion Week spending in response to the weak economy, lagging dollar, and rising costs. (Portfolio.com)

Fashion Week is expected to have a total economic impact of $391 million on New York City. (Crain's)

Movado's earnings plunged 33.7 percent in the second quarter. The luxury watch maker said its 76-year-old chairman, Gedalio "Gerry" Grinberg, will retire next January. His son, Efraim Grinberg, will add the post to his current roles of president and CEO. (DNR)

Designer Mila Schön, who counted Jackie Kennedy, Farah Diba, and Ira von Furstenberg among her clients, has died at 91. (WWD)

Barney's has found a spot in New York's Meatpacking neighborhood. (WWD)

Men.style.com has a slideshow of Fashion Week invitations.


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