How has the housing crisis affected home fashion Retail?

Honestly, the housing crisis shouldn't affect the Fashion Retail too much. and why i think that is even though people aren't buying houses as much doesnt mean they're not going to buy clothing to put on their back! people can't live without clothes, especially during the winter.

But if the economy doesnt pick up soon, there might not be much of a future left. Clothes will always be around but not the way it used it be. My mother and i used to shop all the time together, on Thanksgiving, right before school started, and on breaks. Much more but that's a sum of what we used to do, but now things are buckled down and that doesnt happen to often! Gosh, how i miss the old times! I couldn't tell you what the future holds or what it will be like in 5 years.

The Challenges of Apparel Retail:

When someone first looks at the apparel retail area, they would think it's fine, but honestly industries are going through a major decline in sales and are having problems within the actual manufacturering. Even though it's been going on for some years now, it's never reached to this point before. All places are having difficulties, even Asia, China, Japan, and many more places!

Some industries are trying a "number-one plan", focusing on the one season at a time and how the shipping merchandise can be better and more sufficient. But will this really help the retail area of a apparel? Another thing is that private-labels are becoming very popular, and maybe that's the way to go. Honestly i think if things don't change pretty soon, eventually we're not going to have Apparel Retailing anymore! And where would this world be if we didn't have the apparel part in our economy.