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Is the Fashion Apparel Industry in Line for Alteration? Thirteen/WNET's "That Money Show" Peers Under the Tents At Bryant Park for Fashion Week Revelations, Feb. 17.

Business Editors


Up and Coming Designer Peter Som is Profiled

The tents are up for Fashion Week in Manhattan's Bryant Park, and Thirteen/WNET New York's That Money Show takes viewers inside for a penetrating look at how the fashion industry is changing - and the impact on consumers and investors -- Saturday, Feb. 17 at 5:00 p.m. (check local listings for dates and times in other cities on PBS). Thirteen will rebroadcast the show Sunday, Feb. 18 at 6 p.m.

Following the week's money headlines with host and managing editor Betsy Karetnick, the fashion focus begins with a profile of fast rising designer Peter Som, whose no-nonsense approach both to fashion and entrepreneurship may soon serve as a blueprint for other young designers.

"I think I'm one of the few young designers not doing shock clothing," Som tells Karetnick. "You know, things are torn, things are burned...I want to design really beautiful, wearable clothes that are investment pieces, that are all about quality."

Cut from a Different Cloth?

A distinctive aspect of Som's ascendancy is the mileage he's obtained with relatively small financial resources. Working out of his apartment to save on commercial rent, Som manages to barter with leading models and hair stylists, exchanging clothes for services in many cases.

"There's no safety net for me," says Som. "I'm doing this without backers... without an angel...I'm running a business. There's so many people out there who want to be designers, but if you don't have the business side, it's not going to work."

That Money Show visits store buyers and fashion editors for a broad perspective on Som's artistic approach, then takes its cameras to his show at Bryant Park for a look at how his fall 2001 line is received. This will be Som's second show for his own line, and much is riding on the outcome.

So, You Too Want to Be a Designer

The program also looks in on the annual "Open See" day held by fashion retailer Henri Bendel. The event gives aspiring amateur designers an opportunity to bring in their best creations for evaluation and perhaps even to launch a professional career. Bendel agrees to carry for sale some pieces brought in during Open See.

Back in Thirteen's studio, Karetnick talks with journalist Teri Agins, Wall Street Journal reporter and author of "The End of Fashion," for a discussion about the changing characteristics of the fashion industry and how the very meaning of the term "fashion" has been altered in recent years.

In other segments of this week's show:

-- Money Talks features Chicago Tribune columnist Barbara Brotman in a humorous commentary on the investment aspects of black pants.

-- Making Change takes up the question of how to save money for a child's higher education without creating a cash-poor household, with guest Kristin Davis, senior associate editor of Kiplinger's Personal Finance magazine.

That Money Show is produced for PBS by Thirteen/WNET New York. Executive producer: John DeNatale. Executive-in-charge: Stephen Segaller, director of news and public affairs programming for Thirteen. Senior producer: Andy Halper.

Exclusive corporate sponsorship for That Money Show is provided by TIAA-CREF, a leading national financial services organization and the premier pension system for people in education and research.
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Publication:Business Wire
Date:Feb 15, 2001
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