The Michelle Obama Fashion Bailout (BlackBook)
Point: By wearing such retailers as J. Crew as well as lesser-known designers like Jason Wu (the man behind her unbelievably gorgeous gown for the Inauguration Ball), Michelle Obama might just be single-handedly stemming the tide of the recession for certain names in fashion. Like Jackie O. before her, buyers are watching every sartorial choice she makes for insight into what might be hot for next year. Keep an eye on the First Lady, distributors. (BlackBook)
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