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Hot Issue: Apparel Retailing

2/7/08
Payless Goes High Fashion on the Cheap

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High fashion for the masses, at least in footwear, has been on display up and down catwalks during New York Fashion Week as models have strutted their stuff wearing shoes from top designers that are Payless ShoeSource exclusives. Will we see an increase in the number of high fashion designers who sign agreements with retailers serving the mass market? With the economy slowing, do you expect to see more luxury consumers trading down to designer clothing, footwear and accessories sold in outlets such as Payless?

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