Navy Penny Loafers
Oak Street Bootmakers's new, blue Chromexcel loafer.

Intel:
How Much Will You Pay?

"At some point during the last five years, it occurred to Michael Bastian that $540 was a lot to charge for a pair of khaki cut-off shorts," writes Eric Wilson in today's New York Times. "The high prices ($425 for a dress shirt, $550 for pants) reflect the labor and the materials that go into the designs, which, to an untrained eye, might not seem all that special." The designer talks about cutting prices and rethinking his approach towards his label, profits and pricing in general.

I've got to stand by my word,' [Bastian] said.'This was all for a reason: to get this business off the ground in a real way.

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The Panama Hat
A history lesson on the South American summer hat.