Material World

Last month, fashion lovers got a taste of what's going to be in this spring as designers and models took to runways from New York to London to Paris and Milan. But as customers look for instant gratification and retailers rush to get clothes on shelves faster, is New York Fashion Week as relevant and agenda-setting as it once was? Lindsey Rupp and Alex Barinka talk with Xcel Brands Chief Executive Officer Bob D'Loren, retail consultant Gabriella Santaniello, and Tricia Smith, the head of women's merchandising at Nordstrom.