Weakening Economy, Worrying Designer

Not only are designers worried that people won’t be willing to spend thousands of dollars on their designs, the funding for the fashion show itself is dwindling. Most of the sponsors are “dried up” and not contributing as much funding as in the past. Also, the media is not helping the cause; most magazines from 2008-today have numerous articles about saving money and not over-spending. The media has started offering suggestions for discount brands and imitation products that are very similar to designer brands, but half the cost. While this is good for consumers, designers are losing money on their products and losing their importance in our society.
Source: Puente, Maria. "Fashion Week Meets the Weak Economy." USA Today. 6 Sep 2008: n. page. Web. 19 Dec. 2011. <http://abcnews.go.com/Business/story?id=5737974&page=1>.