When the going gets tough, the tough go shopping!
Wednesday, July 30th, 2008 
We don’t let anything like a pesky global economic downturn get in the way of us and our handbags!
So interesting that LVMH and Hermes posted record earnings this quarter, when everyone else is getting totally hosed. Starbucks is closing doors left and right and Bennigans is shutting down completely but we’re buying luxury bags and designer jewelry in record numbers!
We see that here at FASHIONPHILE. It seems like people are needing cash- so we’re getting a ton of consignments. But, people also are into the luxury handbags that they’ve gotten used to when the times were fat- so they’re still buying. They just are willing to buy pre-owned to save a little money!
Read the story in Vogue…
and Bloomberg.
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