The economic crisis isn't just affecting the fashion industry in direct ways; while Australian fashion manufacturer Pacific Brands, which owns the likes of Bonds and Holeproof, may be laying of 1,850 workers they've also had to cancel their L'Oreal Melbourne Fashion Week (LMFF) parades.

    PACIFIC Brands has cancelled its shows at the L'Oreal Melbourne Fashion Festival amid howls of outrage over its huge job cuts.

    Fashion week organisers announced last night the company had pulled its two free Pop-Up shows, which were to feature its landmark underwear brands.

    Unionists had threatened to protest at the Pacific Brands shows dressed as rats...

    Textiles, Clothing and Footwear Union national secretary Michele O’Neil said going ahead with the shows would have added insult to injury to workers facing job losses. Daniel P Dykes