It really is a bad economy when
Stuart Weitzman pulls out of the Oscars. Each year, one lucky lady gets the honor of wearing a specially created bejeweled shoe to the Academy Awards.
This year there will be no recipient of the million dollar encrusted shoe. We’re sure no woman would turn them down, but the company feels the current economic crisis of the world overshadows the need for the gimmick this year.
Weitzman himself says, "We very seriously took into account the current economic situation and what is considered appropriate in the world of fashion today, and we felt this was not a year to be extravagant."
But he’s not pulling out of the Oscar festivities altogether. Weitzman still has his line of Red Carpet Collection shoes which many stars will reportedly be sporting this Sunday and he's hosting their 8th annual styling suite
We think this is a very responsible move on the designer’s part. It’s hard for Hollywood stars to take a step back out of their bubbles to see how the rest of the world is doing. And although we know there will still be an ample amount of glitz at the Oscars, it’s being toned down to suit the state of the rest of the country.
But we hope this is just a one-time thing! We love seeing the creations Stuart Weitzman comes up with every year!
