Boring Fashion Hurting Economy

Boring Fashion Hurting Economy
Luxury
Orli Sharaby
  • 18 december 2007

In an article last week, Fortune Magazine may have put its finger on why retail sales in America have been such a drag lately. November and December are supposed to be boom months for the fashion and retail industries, but so far sales have been less than impressive. Many economists have started crying recession, blaming the usual suspects like the slipping dollar and high oil prices.

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