problems facing the fashion industry

The major problem facing the fashion industry is that also facing the country. Our economy is weak and we are going through a major recession. People are not buying high priced designer pieces anymore because they simply dont have the money to splurge on unnecessary needs. With that being said, the designers are then affected and not making as much money. Another problem facing the fashion industry is the environment. People are starting to "go green" which is even more expensive. I personally would not buy something "green" that cost more than something that was the same thing, and wasnt "green"