Tuesday, April 7, 2009

VOGUE - RECESSION HIT? Does it Again

VOGUE - Does it again. Recession is hitting companies badly, and we can see that even in the Fashion Industry. Escada shut its stores in India, Louis Vuitton shelved off its plan for a new store in Tokyo, Chanel reduces the prices of its bags and lays off staff, fashion companies are postponing their expansion plans and NOW FASHION MAGAZINES ARE REPEATING THEIR COVER PAGES.


After the February issue re-cycling (Jennifer Aniston Cover), VOGUE now re-used its US edition's (March) cover page for the latest print of Vogue India April issue featuring First Lady Michelle Obama in a pink dress.
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