San
Francisco,
California
(January
10,
2009)
-
Fashion
designer
Noubikko
is
not
spared
experiencing
the
severe
down
turns
of
the
recent
global
economic
crisis
that
is
considered
the
worst
since
the
Second
World
War.
"Its
leeching
every
penny
that
my
company
had
saved
for
over
25
years
in
operation",
he
said.
The
fashion
industry
and
all
the
artists
are
the
first
to
feel
the
pain,
he
added.
Most
of
the
Noubikko
Corp.'s
portfolio
in
tied
in
IT
and
other
brand
names
which
had
been
badly
stricken
with
the
economy
as
it
continued
to
worsen
since
the
war
in
Iraq.
Noubikko,
though
very
optimistic
with
his
other
business
plans,said
he
does
not
see
when
its
shrinking
royalties
will
end.
Noubikko
who
for
27
years
generates
revenues
chiefly
from
royalties
in
various
fronts
said
"its
real
unfortunate
most
of
these
companies
we
have
invested
and
thought
will
serve
as
our
floaters
had
been
battered
first.
Some,
even
closed
down,
he
said.
Now
we
are
trying
to
use
up
what
we
have
saved
for
the
rainy
days,
and
this
is
not
just
like
a
flood
coming.
This
is
tsunami!",
he
continued.
We
need
to
work
awfully
hard
to
offset
our
losses
and
hope
to
see
it
will
resurge
again,
Noubikko
said.
Noubikko
have
been
rubbing
elbows
tirelessly
with
as
many
business
contacts
in
Europe
to
sustain
the
existence
of
his
company.
He
had
been
squarely
building
contacts
in
a
tight
budget
to
formulate
and
sustain
its
economic
programs.
He
cut
down
all
luxury
expenses
and
said
its
time
to
go
back
to
basic
like
what
everyone
is
doing
these
times.
Noubikko,
nonetheless,
expressed
optimism.
"While
other
companies
in
our
level
had
already
closed
we
are
still
on
our
feet.
We
had
survived
two
recessions
in
our
time,
we
shall
continue
standing
over
time.
We've
been
thru
this
before,
we
know
what
to
do
now",
the
highly
spirited
desinger
said
during
the
interview.
And,
he
said
it
with
a
powerful
grip
of
emotion.
