Recession-Proof Lingerie?

    OK, so the current recession has a lot of us tightening our belts and cutting down on unnecessary spending -- but since when is cheap lingerie unnecessary? Surprisingly or unsurprisingly, depending on how you look at it, Frederick's of Hollywood appears to be a victim of this downturn, losing $5.3M in the last financial quarter.

    Fredrick's of Hollywood

    We were under the impression, however, that alcohol, gambling, and porn were practically recession-proof. How can there be no overlap into tacky lingerie?

    Apparently, most of their loss came as a byproduct of the company's merger with Movie Star Inc., an even tackier lingerie company. But in spite of that setback, the merger should definitely make Fredrick's well-positioned for the low-priced porn/alcohol trend that economists are predicting.

    Fredrick's of Hollywood

    We could easily see people staying away from the high-priced stuff, but as we slide into what looks like a protracted recession, we're predicting a definite spike in cheap-chic. Possibly even trashy-chic. So, maybe the people at Frederick's really do know what they're doing. Their sales are actually still up over last year.

    Fredrick's of Hollywood

    Though, sadly, the downturn has hurt Frederick's enough to cause them to layoff 15 of their personnel. Bummer. On the bright side, it looks like the company is going to be in good shape according to the porn/beer scale.

    Fredrick's of Hollywood

    According to HRWorld, Health Care is probably the best place to be during an economic recession. People are always going to get sick, just something to keep in mind.
    $32

    Fredrick's of Hollywood

    Public safety is apparently a really safe place to be during a recession. If you're keeping the streets safe, your job isn't going anywhere.
    $49

    Fredrick's of Hollywood

    Not only is the military always hiring, we're still involved in two wars. So the military is definitely a fairly recession-proof career.
    $39.99

    Fredrick's of Hollywood

    People are going to drink until armageddon, so if you are serving, marketing or distributing alcohol, you're pretty safe. The alkie biz comes in at #14 of 25.$39.

    Fredrick's of Hollywood

    Even during a recession, people refuse to give up the simple pleasures in life. Erotic Services came in at #22 on the list of recession-proof careers.
    $19

    Fredrick's of Hollywood

    According to HRWorld, the gambling industry is one of the top 25 best professions to be in during a recession. Why? Because people don't give up their vices.

    Fredrick's of Hollywood