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Edited by on November 5 2008 at 11:17 AM

Marc Jacobs Cancels Holiday Party

WWD is reporting that Marc Jacobs has canceled his legendary holiday party this year. To have been themed “Rock and Roll Circus,” the party is a no-go “Due to the financial climate.”

Robert Duffy, Jacobs’ partner in crime, broke the news in an email Tuesday, and hopes the 18-year tradition will continue in 2009.

Image from Catwalk Queen.

Story by Andy Wass

Cheers: Mary-Kate, Karl Lagerfeld, grunge, gypsies, birds ----- Jeers: Ronsons, neon, ombre, gold, pants