Listening Comprehension - High End Fashion and the Recession

Listen to an interview about the effects of the economic crisis on the fashion industry. For each question choose the correct answer.

Today, many brands
1. try to stay in demand
2. focus on cheap products
3. stick to traditional ideas
4. complain about the crisis
The crisis has made designers
1. become extra truthful
2. stop some of their work
3. respond very quickly
4. invest money wisely
Last autumn, some retailers
1. reduced prices sooner
2. worked with competitors
3. increased their prices
4. sold traditional designs
Price differences made shoppers
1. bargain for better rates
2. search for new shops
3. buy fewer brand names
4. complain to retailers
Sales indicate that designers
1. face a difficult period
2. make large profits
3. sell enough clothes
4. change their designs
Nordstrom's gave back
1. what they failed to sell
2. money to customers
3. refund to a designer
4. some of their profits
Louis Vuitton
1. run their shops themselves
2. lost some of their income
3. hire staff from other labels
4. sold some of their shares
The crisis makes designers
1. adjust in some ways
2. forget past difficulties
3. deny some problems
4. worry about changes
Now designers are
1. focusing more on customers
2. producing fewer magazines
3. having fewer fashion shows
4. returning to classical styles

Listening Comprehension - High End Fashion and the Recession - LC016