Z Spoke is the name of Zac Posen’s new line launching at Saks this spring. The 60 piece collection starts at $78.

Goodbye Virgin Megastore, hello Nordstrom Rack! In addition to the discounts offered at Filene’s Basement and DSW, Union Square is making a name as the recession battle capital with the first branch of Nordstrom to open in New York City! Doors are slated to open sometime next spring providing shoppers with 50%-60% discounts on the same brands that Nordstrom carries. Alright Saks Fifth Avenue, Barney’s and Bergdorf Goodman, you better present some macho sales or Nordstrom is going to eat you alive! 

Thanks NY Mag! 

When I visited Harrods in London I was overwhelmed by the number of beautiful women wearing plain black abayas with multiple shopping bags in their hands. Looking like Cher from Clueless after shopping on daddies credit card, I couldn’t help but wonder why they were buying all these beautiful expensive clothes if they must wear abayas over them in public anyway. Thankfully, designers are posing this same question and answering it with a beautiful bang: John Galliano, Nina Ricci, Blumarine and Alberta Feretti have all designed couture Abayas. Ready-to-wear versions of the abaya’s will be on sale at the Saudi Arabian location of SAKS, making life a little more fashionable.

SOURCE: Cut Blog via Telegraph UK

Although Ágatha Ruiz de la Prada’s Fall 2009 collection might not exactly be ready to wear, it certainly brought some fun to the runway, and that, we’re all ready for! Think life-size household objects, facial features and geometric shapes as the focus for the collection. A giant birdcage skirt, a dress embellished with hearts and ants, an eyeball headpiece, a dress of drawers, a sunny-side up egg clutch and an umbrella suit were some of the quirky pieces that danced down the runway. The collection was a beautiful addition to de la Prada’s odd, yet whimsical, colorful aesthetic. It might not be available at Saks anytime soon, but the costumey pieces set the bar high for larger than life fashion. 

GALLERY: RUNWAY RUNDOWN: Ágatha Ruiz de la Prada Fall 2009

LINKAGE: Fashion Copious 

To learn more about Ágatha Ruiz de la Prada, visit her website here!

Saks is being hit hard. The luxury retailer’s fourth-quarter deficit hits $98.8 million. I hope our friends there stay there. Becks used to be a Saks girl back in her Cleveland days, so it’s hard to see this retailer stumble.

LINKAGE: Saks Sees Loss in Quarter, Year

One of the nations largest luxury retailer is getting ready to give the boot to 1,100 corporate and store employees. It’s a necessary cut considering their stagnant sales and the economy’s growing ability to thoroughly kick everyones ass.

Damn you Saks!!! You got me, okay you fucking got me. I completely blew my load early and jumped your bones when you told me 50% was the biggest sale of your so called season. Well you won’t get me again, I’m holding out till you’re giving it away…