The Michigan Daily - michigandaily.com Thursday, October 23, 2008 - 3B Catwalk economics "Remember us? We're the Titans!" Jn the early weeks ef Septem- ber, when the finance world was bracing for disaster, New York's Bryant Park was alive with excited anticipation. Inside the tents at Fashion Week, editors, buyers and stylists strut- ted their most fashionable looks in front of the photog- raphers lined up to greet them, seem- CAROLINE ingly oblivious HARTMANN to the darken- - ing financial climate just a few minutes downtown on Wall Street. But the crowd was far from oblivious. In the midst of a global crisis, fashion tends to drop down a few notches in priority, but the garment industry is hardly some- thing to ignore in times of trouble. According to the Garment Indus- try Development Corporation,, New York's fashion industry alone employs about 100,000 people with a sales volume of $14 billion. This isn't just an issue of being able to afford the newest Fendi clutch; the fashion industry is a massive operation affecting sev- eral overlapping economies and controlling thousands of jobs, and the recent crisis is taking its toll. Like so many other industries, the big-name corporations are faring better than younger brands and boutique startups. But even so, department stores like Saks, Nei- man Marcus and Nordstrom are experiencing dips in sales. After the vdlue of its stock shares fell more than 10 percent in early Sep- tember, Saks President Ron Frasch told The Associated Press that "it's all a big guessing game" now. Fashion is suffering in large part because of its dependence on credit, which has been hard to come by this fall. For design houses, the dilemma goes beyond meeting payroll: The industry operates under a tight calendar of production, turning out garments months before they hit the racks, so borrowing money for materials and factory expenses is the norm. It's unclear whether this will lead to lower quality standards, fewer choices for consumers or bank- ruptcy, b could be Consi increasi new and labels, y fashion nant. Bu sit still, to find w The It is in obv econom3 is a little simple s ion serv a trickle trends a by lower The mas ing from but even have an you're b Wal-Ma famous' speech I the systs But now has corm end reta are look than pay goods, n T . 1 nc ing to w and trad sake of c The s tect: Pro skillfull end man duplicat "Desi distingu sentinge dressma director Fashion told Slat fusion o a defens Both4 and subt but either way, the outlook seen more of a runway presence grim. over the last several months, dering the industry's and many critics believe the ng hesitance to take on creative decision is economi- c potentially unsuccessful tally motivated. No matter what ou might expect to see other form of sartorial detailing grow more and more stag- becomes the next focus, the bar it this industry isn't one to on craftsmanship and fabric qual- and designers are trying ity has undoubtedly been raised rays to adapt. (because nothing screamstheap uxury goods market like a synthetic tweed mini). In ious decline, but the a highly competitive market that y's impact on style trends works without patents, the fight to more complicated than secure a dwindling customer base upply and demand. Fash- is heating up, and design itself es as a classic example of looks like the determining factor. -down system. Runway On the more personal end, there re picked up and spit out will likely be a shift from quan- r-cost manufacturers: tity to quality among consumers, ses are rarely choos- though rightnow it's too soon to the latest conventions, tell. Until the current market and tually, the runway does production cycle starts turning influence on the clothes out sales, it's difficult to determine uying at The Gap, or even exactly what the industry might rt. (Insert Meryl Streep's face in the next few years. Still, "Devil Wears Prada" we can imagine the possibilities: here.) Usually, this keeps When you decide to invest in one em comfortably balanced. new seasonal piece, instead of say, that unbridled spending four, odds are you're looking for e to a halt, even the high- something that's going to make ilers' affluent customers a statement. So not only has the ing elsewhere. Rather artistry of dressmaking begun to y high prices for designer change, but a shift toward more sore people mightbe will- adventurous style trends may beon the horizon as well. And like any industry in an uncertain economy, -he fashion the chances are good that larger, more stable companies will weed ndustry is out less popular options, so some labels might actually experience a )t an island. boost inbusiness. Upon closer inspection, there might be reason to believe that the economic downturn will result in ait an extra six months a return toa higher-quality mar- ie down in quality for the ketplace ... or will it? Unfortunate- ost. ly, the original problem rears its olution? Defend and pro- ugly head in every equation: How duce a garment that is so much of a risk is any one designer y constructed that no low- willing to take? nufacturer could possibly With the cultural code of e it. conspicuous spending being gners are attemptingto supplanted by a push tobe patri- aish themselves by pre- otically frugal, it's hard to tell consumers with feats of which way designers will lean. king," Valerie Steele, the Inevitably, there will be com- of the museum at the promises, but we can only hope Institute of Technology, that less will mean more for the e.com in June. "The pro- future of fashion. Being the bad guys of the Big T en Even in a down year, Michigan still plays the role of sports movie villain By ANDREW LAPIN Daily Arts Writer This past Saturday, every other school in the Big Ten enjoyed yet another moment of collective schadenfreude. As usual these days, it came at the hands of one more humiliating Michigan loss. Despite the fact that Penn State was heavily favored leading into the game, they (and ESPN) still considered takingdown unranked Michigan a dramatic victory. This weekend, MSU will stomp in here with the same "root for us because we're the underdogs" mentality, even though their record begs to differ. We've already suffered enough disappointment this season to fill several unwatchable sports movie montages. Somehow, though, everyone still sees us as the bad guys of the ongoing good-versus- evil blockbuster known as "college football." So why is it that Michi- gan always seems to beg such intense dislike? From a film writer's standpoint, the answer seems to be obvious. The typical filmgoer, filled with a typically insatiable thirst for the dramatic, tends to watch sports games like they're sports movies. Everyone likes to see the under- dogs triumph over the villains, andthetruthisthatsometimesthe University fits thevillainmodel all too well. Think back to the Yankees from "The Bad News Bears" or the ice- skating Soviets from "Miracle." They were big, intimidating teams with lots of money, talent and con- ceitedfans.BetweentheBigHouse, our school's continued emphasis on the importance of tradition and the way we appear to throw money around like it's nothing (most of RichRod's buyout and the stadi- um's massive skybox construction, to name the most recent examples), Michigan does tend to resemble the sports movie villain. We even wear dark uniforms at home like the evil Hawks in "The Mighty Ducks" (and Iceland in "D2"). Not helping our reputation is the "You Suck" cheer, which we all know (or should know) isn't the correct vocalization to "Temptation." Any lower-ranked team that plays us is automatically going to look like the Little Giants in com- parison, complete with a nerdy, Rick Moranis-type coach. This was no doubt going through the minds of the Toledo players two weeks ago and the Appalachian State players in last year's season opener. Take down Michigan, and you'll be scoring one for "the little guy." Both of those teams and their respective schools were able to live out their own ver- sion of "Miracle" on our home turf while we could only gaze on speechless. Meanwhile, the only Hollywood-worthy story thread that's emerged from our end has been Caucasian Sam McGuffie's emergence at running back, a position normally reserved for African-Americans. (I'm pictur- ing something like "The Express," but in reverse.) The whole situation is unfair to us fans because we just want what all other sports fans want: to live out our own inspirational moments. This kind of sports movie mentality can be a danger- ous thing - just ask a Chicago Cubs fan. (100 years wasn't the magic number, guys.) Wolver- ines are a differentbreed, though: We use pseudo-words like "win- ningest" in everyday conversa- tion. We're used to good things happening all the time, and we become frustrated and angry when they don't. Think back to last year following the Appala- chian State game, when stories of drunken disgruntled Wolverines taking out their anger on random passersby were a dime a dozen. None of us want to play the real- life equivalent of the boisterous bad guys who fall face-first in the mud after an improbable loss (a scene that appears at the end of every Disney sports comedy). It takes commitment from everyone to make inspirational games happen. The hordes of people who cleared out of Michi- gan Stadium at the half during the Wisconsin game last month weren't even willing to stick around long enough to witness a perfect sports movie comeback. With devotion like that, maybe we don't deserve to see the team winning any more than they cur- rently are. The two films that set the gold standard for modern sports mov- ies are "Remember the Titans" and "Friday Night Lights." When I thought back to these films fol- lowing the Toledo game, I real- ized something: Neither of the teams depicted in these movies were underdogs. The 1971 T.C. Williams Titans outmatched all their opponents and played an undefeated season, while the 1988 Permian Panthers from "Lights" were a high school powerhouse with high aspirations of winning a state championship. Yet somehow these films still manage to inspire me every time I watch them. The source of good will in "Titans" is clearly from a racially motivated viewpoint, since an integrated football team was able to bring a divided small town together in the post-segregation era. "Lights," on the other hand, gleans its inspiration from a trick- ier place, since the Panthers suffer a heartbreaking loss at State and fail to elevate the spirits of their economically strugglingutown. It serves as a reminder that most of the time, real-life games don't end like sports movies (even when they come down to the last play, as in both the film and dur- ing the Toledo game). It also fea- tures a very RichRod-like coach in actor Billy Bob Thornton's por- trayal of Gerry Gaines, someone who seems to be afraid his own goals for the team won't measure up to what's expected from every- one else. Most of all, the film ends with the suggestion that all the players have learned much more from their disappointments than they have from their victories. It's important to remember that everything in sports (and sports movies) has a silver lining. When we win, we win. When we lose, we're setting ourselves up for a comeback. Now that Michi- gan is off to its worst mid-season record in 41 years, there are few people left that are expecting much of anything from the team the rest of the season. We've sud- denly gone from being the vil- lain to the underdog - a bunch of scrappy youths who don't play well together, led onto the field by a coach who still has to prove himself. If sports movies and the past few football seasons have taught us anything, it's this: Sometimes, the underdogs win. f sleeves may, at heart, be ive move." extravagantly decorated tly clever sleeves have Hartmann checks her LVMH stock hourly. E-mail her at carolinh@umich.edu I got A's, Thanks to : T ORIN FFS! (248) 943-1465 617 E. University, Ste 238 FAR FROM STANDARD www.FarFromStandard.com Ann Arbor, MI Meet the BEST tutoring team on campus Don'tl believe us? WHY WE ARE DIFFERENT We have analyzed U of M specific courses and have figured out the best way to teach the material. Most popular courses: Calculus, Physics, Biology, Econ, Spanish (we guarantee fluency), General and Organic Chemistry. Call for a complete class list DO WE COST TOO MUCH? 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