Film festival tightens belt in michael kors bags outlet online uk recession By audrey stuart cannes, france Sparkling wine instead of champagne, onion tart for foie gras:Cannes is preparing for a bling free film festival next month as the movie industry sobers up in tune with the global downturn. "We're experiencing an unprecedented world crisis and it's also affecting the riviera and cannes,"Said michel chevillon, head of the hotel association in the mediterranean city, gearing up to host the 62nd edition of the festival. Star power and prestige have helped cannes limit the damage compared to some other big industry events. Crisis or no crisis, the usual cast of a list stars, hot directors and hollywood studios are jetting in for the top international film showcase on may 13 24, the world's biggest media event after the olympic games. "Companies are sending fewer people, for shorter periods,"Chevillon said. Jacques dessange, the official cannes hairdresser, is bringing 15 stylists instead of the 20 who curled and pressed the locks of the stars in 2008, and has slashed its budget by 20%. And cosmetics giant l'oreal has called off its annual ad campaign on the front of the hotel martinez, a seafront art deco palace. Right at the top end of the hotel business, the 412 rooms of the martinez including its sumptuous penthouse suite have been fully booked since february for all 12 days of the festival. Two clients have paid an eye popping 36, 000 a night, against 10, 000 off season, to share the panoramic sea views and exclusive rooftop jacuzzi of the penthouse, as big as four tennis courts. "It's business as usual,"Said the martinez' manager richard schilling. But lower down the chain, the bulk of the cannes hotel industry is feeling michael kors handbags sale clearance uk the effect of the downturn, forcing them to offer perks like unlimited wifi access, happy hours at the bar or free breakfast to attract customers. Some 70% have frozen their room rates compared to last year, and many are taking bookings for less than the full 12 day period, something normally unheard of at festival time, chevillon said. At cannes' prestigious old port while all 60 berths for mega yachts are booked up brokers are struggling to find third party companies willing to charter the boats for entertainment. "There's a lot less demand this year for yacht rentals and a lot of pressure on prices,"Said valerie ruiz at the broker ashore, which rents out yachts up to 60 metres long on behalf of their multi millionaire owners.Us magazine vanity fair is cancelling its star studded annual party, a staff member said, while the vip nightclub jimmy'z lost two key sponsors the fendi fashion house and swarovski crystal at the last minute, and louis vuitton is skipping the annual amfar aids charity fundraiser. "People are afraid it will hurt their image to be seen in a place associated with wealth,"Explained the deputy mayor of cannes, david lissnard, who said british and american companies were especially wary. "Some reckon it's in bad taste to flash their wealth at a time like this that it's hip to run your pr for peanuts,"Agreed michel ernest, a third generation cannes caterer. Festival president gilles jacob has said even visitor numbers could be slightly down next month, for the first time in years. The french michael kors gia totes state also chose this year to cancel its 72, 000 subsidy for the event, which although a fraction of the overall budget of 10 millions, has added to the more frugal climate.

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