Last year the designer dressed as a protest against the unsightly fashion faux pas, the camel toe, for his Moroccan themed bash (pictured). His staff and friends were eagerly awaiting his costume this year at what promised to be one of his most extravagant parties yet - a Rock and Roll circus at Manhattan's Rainbow Room.
But the lavish party has been cancelled by Jacobs and his business partner Robert Duffy, because of the credit crunch.
In an email sent out to invitees yesterday Duffy explained, 'Due to the financial climate, I had to make the decision to cancel the 2008 holiday party. It pains me as this has been a Marc Jacobs tradition for the past 18 years. Hopefully it will be reinstated next year.'
We hope so too.
By Laurelle Gilbert
Posted: 5th November 2008More