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Yes, I've been blogging about the effect of the worldwide economic downturn upon the fashion industry for sometime now, but with 2009 still months off it's not easy to put our hands on some really concrete figures.

But in-line with Marks & Spencer's 32.5% plunge here are some other facts and figures the fashion industry ought to be worried about;

Read It: Read all of this article by clicking Fashion industry losing money fast?.

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Tags: Bally, Japan, US, stock market, share market, shares, fashion industry, economy