While the era of the 200-dollar jean is far from over, the economic climate has made the 65-dollar pair a little more appealing. Case in point: H&M just bought Fabric Scandinavien, which owns Cheap Monday, and plans to expand the brand's reach by building more stores worldwide. (It won't change the jeans' design or sell them in H&M stores, however.) Given the news that Urban Outfitters is expanding thanks to record earnings—and that luxury stores are starting to feel the pinch—it looks as though the age of cheap-chic is upon us. Then again, we told you that a year ago.