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. He said it with a powerful
grip of emotion.
