
Have you heard of the hemline theory? Here's what they are currently saying...
Jan Paschal writes:
"The past few fashion seasons, short skirts have ruled and, this spring, stocks rallied.
The hemline theory proved on the money as the Dow hit 14,000 for the first time this summer, and the Standard & Poor's 500 Index set a record.
But in recent weeks, stocks have plunged following a jump in foreclosures on subprime home loans for borrowers with poor credit that hit bank credit lines and roiled the bond market.
At this week's fashion show extravaganza in New York, hemlines are markedly lower."
Whatever, though!
There was tons of short, cute stuff at the shows too.

(Top to bottom: Tory Burch, doo.ri, marc by marc jacobs.)