Tag Archives: credit crunch

We all need some credit crunch busting fashion tips in the current climate, so lets take a look at what you can do to keep the spending down and make those precious pennies go further.

Its always nice to buy new things, and believe me, this isn’t something i have stopped doing, but i have been looking into re-working what i already have, such as skirts and tops. Take, for example, a plain denim mini skirt (denim is still hot this season) then head down to your local haberdashery and pick up some quirky large buttons and lace trims. If you’re a decent seamstress, you can add the lace to the bottom of your denim skirt yourself, or ask a very kind friend to have a go if you’re not sure. Then sew a couple of rainbow coloured, funky buttons on the front of the skirt to give it some edge. The retro look is back in a big way, and you can get that look instantly with re-working your current wardrobe. Think “vintage chic” meets “unique”. Its all about being original, and even during the credit crunch, you don’t have to spend a fortune getting a super on-trend look for every season.

Your local haberdashery will have loads of funky bits that you can experiment with and add on to your clothes, so give it a go and see what there is!

So, it seems that the credit crunch is even being felt in the one area that you wouldn’t expect to see it. New York Fashion Week has long been synonymous with expense, luxury and designer glamour. However, this year, it has been just that little bit less costly…

Designers showcasing their new season fashions on the catwalk have cut down on the number of models used and the fashions seem to have been toned down a little bit. Naturally, there is still the big, bold items that attract attention, but look closely and compare it to previous New York Fashion Week’s and you will see that it is clear the credit crunch has finally hit the luxury market. The fashion designers themselves are struggling to shift the stock they have in the upmarket stores, and cheques to the designers are being returned after having bounced.

So, this might not affect the luxury market drastically, but it will cause a bit of a stir…

Well, i have just heard that famous online store E-Luxury is going to be closing soon…actually within the next 6 months. Most likely due to falling sales during the credit crunch, i can’t say i am taking the news lightly. This is such a great online retailer. You can buy Dior, Louis Vuitton, Prada, Gucci and a whole host of other great designer brands. To see it go will be bad news for the luxury goods market, which looks set to suffer somewhat during this recession. However, its not all bad news because they will be focusing on a fashion magazine instead. Watch this space…

If you want to take a look at what E-Luxury has to offer, check it out now – before its too late! Designer bags galore!

http://www.eluxury.com/estore/index.jsp

As a consumerist nation, we are forever looking for the latest must-have item, and this is quite often in the form of designer clothes. As a woman being showered with pictures of celebrities with the latest designer clothes, it can make us feel a bit “worthless” if we don’t buy the same. We aspire to these rich, wealthy celebrities, so we often want what they have.

However, with the Credit Crunch biting at our heels, are we going to cut back on our designer clothes spending? Hmmm…I’m not so sure. It might make our lives feel less “meaningful” if we can’t have the things we want. I know plenty of women who spend at least £500 a month on designer clothes just to be like their celebrity idol, but maybe if they can’t get the credit anymore, then this ridiculous spending habit will fade.