Ouch.
What seems like seconds after the demise of CosmoGIRL!, 02138, and Radar (though we’re not sure that last one counts), comes the news that Hachette is “suspending” publication of ELLE Accessories for at least a year, putting a handful of people out of work during that time.
Add to that all the retail lay-offs in WWD this morning, and this almost sounds like a Bloomberg version of the fashion industry.
Beginning of a trend?
If so, we worry for who’s next…
posted by guest
Oct 27, 2008 10:28AM
It's going to get much much worse for fashion/retail. Give it a few more months. Contrary to what is often implied on this blog, the biggest fashion consumers are not fashionistas, but people who make real money and don't shop sample sales--who suddenly find themselves out of a job.
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posted by guest
Oct 24, 2008 6:08PM
Beginning of a trend? Goodness, newspapers and magazine have been in hard times for a while now. Thus the [silly and in my opinion not accurate or inevitable or even grammatically correct] saying 'Print media is dead.'