Wednesday, September 17, 2008

gilded tears

I guess this is the point where we start to cry:
Luxury retailers, long-thought immune to the economic crises affecting other retail segments, could be in for a big fall now that the very shoppers they cater to—the affluent Wall Street banker—are suffering severe financial shock.

“This is the next big boot dropping,” said Candace Corlett, president of WSL Strategic Retail of weakening luxury spending. “People who were considering extravagant purchases—the designer handbag for the fall season or the diamond earrings for a special birthday—everybody is going to take that cautious pause.”
That "cautious pause" is elsewhere known as classy restraint, Ms. Corlett. I realize you and yours aren't accustomed to contemplating where the next tank of gas or box of dried spaghetti is going to come from but... you know what? Nevermind. I shouldn't even have to explain this. Fuck you and everyone who looks like you.

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