Unfortunately, that trend is still going strong here, from what I've seen. (I'm not a big fan.

) Sweaters, necklaces, especially purses...you name it, it's got alphabet letters on it.
What's really popular in the town I'm from, though, are those little canvas purses monogrammed with your initials. A few years ago it was the silver jewelry with the initials, now it's handbags. Not so bad, unless your initials are A S S or something.