People say there is a crisis in the world. Some even try to make future forecasts, expressing at times absurd opinions and assumptions.

We agree: there is a crisis. And to some extent it has affected many fields in our lives. But since Fashion Point talked about fashion business, the question that interests us the most is whether the crisis has affected directly what we write about, namely the fashion world in general and the fashion accessories in particular. This is the main question we would try to answer in this issue. We will find out whether manufacturers and designers perceive the global crisis as a stimulus to development or they are shutting down in panic their manufacture. We will consider how the makers and designers adjust their business strategy and what anti-recessionary solutions they offer to customers.