This years New York Fashion Week will be without the big party and glamor formally thrown by Baby Phat and Kimora Lee Simmons. Kimora has moved her collection out of the tents and into a much smaller venue and she cut her guest list in half. “Now’s not the time to be running all over and flaunting the money that we don’t have,” Kimora says. “Now’s not the time to have all these people come to the show who are coming because they’re your best friends — the people who need to be there are the buyers who need to see the clothes, the editors.”



