The fashion industry, like many others, is having trouble in the recession. The solution? How about some price fixing?
That was one idea offered up at the Council of Fashion Designers of America's town-hall style meeting, according to a report from
Jezebel: (emphasis added)
... Vogue editor [Anna Wintour] stood up to offer, "Could someone lead a committee that would make ground rules for retailers of when the discounting starts, and then all the retailers can agree to it?" [Fashion designer Diane] Von Furstenberg interjected that that was illegal -- in fact, if the big department stores had any such agreement, it would amount to price-fixing and collusion, an anti-trust lawsuit in the making. "Is that something we can change?" asked Wintour. "We have friends in the White House now!"