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Truman Says

Barneys Sold; Jay McCarroll Lied; Dollar Dips, Prices Rise; Hairstylists as Concierge

As the dollar loses value, high-end fashion gets more expensive. But who cares? The higher prices tickle our love of snobbery and just make us want it more. [NY Times]

NYC Hairstylists won't just give highlights and a trim but will book your dinner reservations and sew buttons. What else are they teaching in beauty school these days? [NY Times]

Jay McCarroll, winner of the first season of Project Runway, is a big fat liar. Contrary to what he told New York Magazine, he has an apartment on the Upper West Side and has been tapped to relaunch the 80s sportswear brand, Camp Beverly Hills. [Page Six]

Barneys New York is sold to Dubai-based investment firm Istithmar for $942.3 million. [WWD]

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