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This Spring 2009 cover will be the first reversable cover for Vogue.

Change is in the air. The recession has been hitting the fashion industry hard. Obedient Sons & Daughters is no more after being nominated for CFDA/Vogue Fashion fund last year and continuing to build a reputation for sophisticated casual menswear and womenswear. The Hutsons couple do plan on unveiling a new line February on the catwalks so stay tuned. Bill Blass shut its doors again even though Peter Som's collections have been well received there. Retail took a nosedive this holiday season. And though many of us enjoyed the absurd sales we know that reduced prices is bad for business. Design houses all over are cutting staff and they are reducing their printed ad presence. Fashion journalism also feels the sting.

WWD reported today that Conde Nast has found a solution for Men's Vogue magazine.

Condé Nast has found a way to keep Men’s Vogue alive after shrinking the title to a twice-a-year publication in October. The spring issue will appear as a reverse-bound issue attached to the April issue of Vogue. It will be the first time Vogue has published a reverse cover.

Kind of like two poor families sharing a single house. Times are rough people. Even Karl Lagerfeld has moved to a smaller home. Though he's keeping his three hummers, butlers, and maids. Lagerfeld says that this recession might even be a good thing for fashion. "I see it like a cleaning up - it was too rotten anyway - so it had to be cleaned up" - a little ray of sunshine from the troll king of style.