Monday, September 05, 2011
STEPHANIE CLIFFORD, The New York Times
STEPHANIE CLIFFORD, The New York Times
Luxury Goods Are Hot
[NYT] Even with the economy in a funk and many Americans pulling back on spending, the rich are again buying designer clothing, luxury cars and about anything that catches their fancy.
Luxury goods stores, which fared much worse than other retailers in the recession, are more than recovering — they are zooming. Many high-end businesses are even able to mark up, rather than discount, items to attract customers who equate quality with price.
Read Full The New York Times Article
Posted by Editor on 09/05/11 at 07:00 AM •
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