As the fashion industry continues to collapse, we cannot help but notice the casualties of the recession.
- Saks laying off almost 10% of the work force.
- Macy's shutting down 11 stores.
- Louis Vuitton/Moet Hennessey pulls the plug on eluxury.com
- Neiman Marcus taps into $700 million bond and lays off 3% of work force
- Lisa Kline, Ron Herman, & Sergio Rossi looking to sublease retail stores
- Retailers asking to buy on consignment
- Louis Vuitton cancelled it's flagship store in Tokyo
- NY Fashion Week was scaled back with designers opting out
- LA Fashion Week gone
Stay the Course-- let's respond with a new careful attitude towards fashion, but more specifically, purses. Simplicity is emphasized by everyday looks. We're responding to a new prudent course of spending. Clothes and accessories are now considered as investments to be worn for several seasons. Go shopping in your closet. What will you find? You will discover more practical clothing and accessories for a variety of roles.
What shoppers will see on the street are more practical purses, lower priced collections, and multi-functional handbags. We're not so fancy anymore.The traditional handbag can serve as a briefcase and laptop bag. The large slouchy tote can morph into a diaper bag, gym and Yoga, and overnight bag.
The new Fall Collection of Palm Beach Purses & EcoChic Purses is full of practical multi-functional handbags at recession proof prices.
3 comments:
Good to read about the casualties of the recession,also details is also good to read.
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The hallucination of these particulars viewing existing circumstances on the subject of depression in addition to style commerce. It is high-quality tranquility of exertion.
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