Hunky designer Thom Browne and his too-short slacks were thought to be heading to join the fairy fashion godfathers in heaven thanks to an economy where good taste is no match for consumer spending cuts. It was no secret Browne’s eponymous line was strapped for cash, but now, some good news: An investment from Japan’s Cross Company will keep it afloat and stave off bankruptcy. Sure, they’re taking a 20 percent stake, but the deal comes with plans to open a Thom Browne Japanese flagship in Tokyo! Long live the $5,000 suit.
(Photo: Patrick McMullan)