>> Last night, in honor of two new graduate degrees at Parsons which she helped initiate, Donna Karan sat down with FIT's Valerie Steele for a little chat before a sold-out audience in the school's auditorium. Karan, who has also been a major proponent of updating the fashion schedule, explained how she proposes the changes be made:
It's very simple, we just stop. It is not nuclear science, it's really simple. We deliver Fall clothes in August like back-to-school, we change the calendar, we go to stores and say, 'Okay, no more getting Fall clothes in July or June so they're on sale in September when the weather hasn't changed. We have to go into a system where we're talking in-season. It's the way we eat, it's the way we dress, it's the way we think. We've conditioned the consumer to buy on sale — I don't want to buy it full price because I can buy it on sale . . . We've turned our business into the white sale business.