As much as I'd rather be the bearer of good news in these difficult financial times, I've read two articles in the past 24 hours that are must-read for all of us who work in home and design-related industries.
Many retailers that we can hardly imagine not being there are currently on the ropes, and may not make it much longer. And shelter publications that we've come to rely on for inspiration are also walking the plank.
Here's the New York Times' article, "The Meltdown in Home Furnishings"
http://www.nytimes.com/2009/01/29/garden/29industry.html?partner=rss&emc=rss
Similarly Time ran an article yesterday featuring some of the same companies, "Retailers on the Ropes: Can These Companies Survive?"
http://www.time.com/time/business/article/0,8599,1874532,00.html?xid=rss-topstories-cnnpartner
This says nothing about local furnishings companies who are also feeling the effects of the economy. I feel for all who are touched by these industries and their troubles, as well as their families.
Leslie Olson, ASID
Leslie Olson Interiors Marin County, CA www.leslieolsoninteriors.com leslie@leslieolsoninteriors.com 415.233.2633
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