It’s DONE! Well, for now. After four years, Fashion’s Night Out New York is officially going on “hiatus.” The event’s sponsors—Vogue, the CFDA, and NYC & Co.—made the joint decision, “so retailers and designers can focus their budgets on projects that are more in line with their specific objectives,” WWD reports. As Women’s Wear Daily first reported organizers also cited the improved economy as a reason for the cancellation. The launched of FNO was at the height of the 2009 recession in New York, FNO was a celebration of shopping at a time when it was desperately needed to jump-start the city’s economy. The event will continue in nineteen international cities.