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In recession, ladies recycle last year's dress

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  • Recycled dress
    A recent survey found that one-fifth of US businesses are not having 2008 holiday parties.

    "Even in these challenging times, we still believe there will be parties, although they may take on a slightly different tone," said spokeswoman Maria Sceppaguercio.

    For Laurice Rahme, founder and chief executive of boutique perfume-maker Bond No. 9, there may be fewer party invitations this year, but no drop off in shopping, especially when it comes to her favorite designer, Marc Jacobs.

    "It just happened that his collection is terrific this year. I just have to have one (item from it)," Rahme said.

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