Saturday, October 24, 2009

Recession Really Hits Fashion Industry Worst

In my previous posts in earlier months, the fashion and export industries are badly affected by economic recession. No wonder, cheap textiles, shoes, bags and apparel have prevailed the market. Worst, used clothes are becoming the preferred choice these days.

A number of companies have declared bankrupt or laid off employees worldwide because of economic crisis. So, it is only wiser that we prioritize our expenses or better yet go for term life insurance quotes before anything else.

We can only wish that crisis will be soon resolved or else, a number of unemployed will continue to rise.