Monday, January 19, 2009

More on the economic hardship hitting the fashion Industry

Who else is being affected?

Mens Vogue: Downsized from 10 issues annually to two issues and will now just be added to the regular Vogue magazines bounded to the reverse side. This way they are reducing cost and still reaching a customer base that still buying.


Macy's: Is sadly closing 11 of their stores nationwide. The following store closures will affect 960 employes. These closures with cost nearly $65 million.
On the flip side there are mass clearance sales to get rid of their stock!!!   :) You know what that means....




No comments:

Post a Comment