For several years now, the Golden Globes and the Academy Awards have served as the link between the fashion and beauty industry and the rest of us.Remember Angelina Jolie's sleek white Dolce & Gabbana pantsuit? Jennifer Lopez's barely there green Versace gown? America Ferrera's cute and classy Brian Reyes debut? Now that Sunday's January 13 ceremony is a news conference and the fate of the 2008 Academy Awards, slated for February 24, is in limbo, that connection has been temporarily severed. The lack of red carpet has left everyone from designers to retailers to regular viewers disappointed. How will designers recoup the loss of name recognition? What will magazines and fashion shows report on? Where will trend-followers get their fashion inspiration?
"We make sales after the Oscars," said Rebecca Selva, director of publicity at Fred Leighton, the New York- based jewellery company that provides diamond baubles of all sorts to the stars." Of course it will affect us, but to what extent?"
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