Conde Nast Gives Staffers On-Sale Xmas Presents

Conde Nast, the formerly untouchable magazine company where editors had ridic expense accounts and plush offices, has been feeling the tough economy along with the rest of the media world.

That didn’t, however, stop the company from giving some staffers Christmas presents from Lutz & Patmos earlier today. A cashmere Herringbone Scarf, to be specific. The very same cashmere Herringbone Scarf that’s currently on sale for $97.50 (from $197.00) on L&P’s Web site. We guess we can’t fault them for practicing the frugal shopping so many of their brands have been championing recently.

Also,

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