BY FROMA HARROP Every time the economy swoons and the racks groan with the weight of unsold women’s clothing, purveyors of fashion talk up “investment dressing.” Investment dressing entails buying a few well-constructed garments that will endure both physically and stylistically for several years. Needless to say, the fashion business hates the concept, but it has no choice when customers are holding fast to their wallets. During the boom years, women’s clothing resembled subprime mortgages. […]
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