Wednesday, August 5, 2009

Retail Therapy

This is for La Belette Rouge...
Maybe it's time to trade in Igor for Kelly

From Reuters

"Women are also worried about their jobs, but not to the extent that they feel their mere existence is being threatened and so they are in the mood to buy despite the crisis," Jaffe said.
Some men have stopped themselves from splurging on flashy goods that could be deemed as tasteless during times of austerity, while others don't have the capacity to think about spending on luxury items, Jaffe said.
"Many male managers are suffering from a huge loss of status, many feel under an enormous amount of pressure or are suffering from burnout. They just don't have the resources to think about buying luxury goods and prefer to go to a life coach," she said.

LVMH and Hermes defensive stocks....who knew?
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Savvy Gal said...

women i know are still buying these hermes birkins.

Belle de Ville said...

Birkins....everyone has one now...yawn.

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