Sunday, 11 April 2010

The Recession

A big issue that could effect me next year when applying for a job is the recession which is effecting the fashion industry as the result of there being too many people wanting the job which makes the competition fierce, also compaines don't have to pay as much to fill the position.
Consumers have to tighten their purse and spend their money just on essential items that would cause a decrease in the stores sales and even if they do manage to maintain the sale the profit margins could still come down.Shopping lately I have seen more sales than usual in high street stores which I think is because of the recession and they are using the sale to draw in customers.

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