New York Stock Market's Influence On The Fashion Industry

Decent Essays
Stacie,

I agree with you when you briefly discussed the negative influence that the fall of the New York stock market had on the fashion industry. Fashion designers had to make the best out of this horrible occurrence. Designers had to do everything in their power to save themselves money, as well as their consumers. If the prices were not reduced, consumers would not be able to afford anything because of the struggling economy, and the designers would not have made enough of a profit to produce their designs or stay in business. Your brief mention of ready to wear garments was a good example of saving money because this is the exact opposite of expensive custom designs. According to Fashion Since 1900, "The U.S. cornered the market in ready

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