The Loss in Profits of Today's Clothing Market

As the economy continues to decline there are many areas that are suffering. The clothing market is one that can be spoken about. With gas prices on the rise and the threats of employees losing their jobs, people are not spending there money is the same places as years past. Clothing stores are definately experiencing a blow. Companies like Abercrombie and Fitch, Pac Sun, The Buckle and other high end clothing stores are experiencing overflow of inventory. It is becoming harder and harder for everyday people to find the money to spend $50 for a T-Shirt or $150 for a pair of jeans. With prices like these and the economy in a slump it is unkown when the clothing market could bounce back.