Recession Page 1
Increase In Shoplifting Means The Economy Is Back In Action! Yay?
We can all agree that shoplifting is a bad thing, right? Well, it may also indicate that the economy is in good shape! Allow us to break this down for you.
Non-Surprise Of The Day: Luxury Survived The Recession
There has been much hand clapping and joy over the news that most luxury companies came out of the recession just fine. What we can’t figure out is how analysts, journalists and market minders en masse didn’t know that the absurdly expensive brands — like Valextra, which made this unassuming but super-expensive purse — were the ones that had the best chances of survival.
CHALLENGE: Mastering the ‘Shopper’s Diet’
Does a love for fashion correlate with irresponsibility? Is it necessary for publications to rejoice over pre-recession shopping behavior now the economy’s finally beginning to crawl out of its crater? According to a New York Times article, consumers in various parts of the world have reacted to these problems with their wallets and their style-minded conscious with what’s called a “Shopper’s Diet.”
Study: Women Wear $1500 Worth Of Clothes A Day
How much are you worth? According to a study done by a British insurance company, most women wear £1,000 (around $1,500 US) worth of clothing and accesssories daily. Underwear, skirt, shirt — even if you’re a recessionista, it’s difficult for the cost of an entire head to toe outfit not to add up.
Hermes Birkin Bag Waitlist Gets The Axe
We were wondering why Lady Gaga was so easily persuaded to graffiti all over her white Birkin Bag with a Sharpie while in Tokyo. But perhaps her ability to be so loosey goosey stemmed from the fact that the exclusivity of the Birkin is dwindling. That’s right, ladies, get your Birkins! According to SheFinds.com, there’s no longer a waiting list!
Do Bright Colors Mean Good Things For The Economy?
But spring is here again, and with that undoubtedly comes color. But is color coming out of the woodwork because of the sun? Or is this a signal that things are looking up financially?
How Carrie Bradshaw Could Have Prevented The Recession
If you think luxury is dead, think again. The industry still has legs… long legs. Yes, 2009 was a rocky road for the industry, but it’s starting to look up. I caught up with luxury guru Milton Pedraza, CEO of the Luxury Institute, to assess the pulse of the market.
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