February 23, 2009 11:58:26 AM
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harlemita

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Commerce

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Cheap is doing fine!

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Have noticed there's a LOT of commercials and ads out for low-end (cheap, non luxury, not even "bridge") products lately! things like giant billboards for pet sponges on the outside wall of Madison Square Garden, Chia Pet commercials during prime time...

And in my "day job" in the fashion industry, I notice that all my low-end vendors (who sell clothing to Target, Walmart, Mandy Shops, Forever 21) are doing better than ever, whereas my higher end clients, well.... some have had checks bounce and have had to lay off plenty of employees.

Cheap is doing fine!

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Fashion Avenue, NY