Fashion Industry In CrisisPosted: January 2, 2009
Just when we thought things couldnt get any worst with the current state of the economy… here is it! Even the Fashion Industry is feeling the brunt of this Economic pain. New Yorks’s fashion week’s a celebrity studded event held in the 212’s Bryant Park from the worlds most famous designers, stylist, celebs/, entertainers graced front seats of these shows. Betsey Johnson and Ver Wang two of leading designers have pulled out from the New York’s Fashion Week events both making reference to the Economic Resession.
Vera Wang is best known for her celebrated bridal collection. This is the first time in Four years this Designer wont be showing her line at a New York Fashion Week Event. Also, Betsey Johnson who is best known for her outlandish feminine designs have pulled out for the first time in five years. Both designers will showcase their winter collection at smaller shows and other presentations.