Can Luxury Goods Really Predict a Recession? The Hermès Handbag Economic Index Explained
Imagine this: You’re perusing the glittering windows of a luxury mall, casually eyeing the new $10,000 Hermès handbag. Little do
Posts Tagged 'recession'
Hermès and Louis Vuitton: The Crystal Balls of Economic Trends (and Why the Middle Class Keeps Them Spinning)
It’s no secret that luxury brands like Hermès and Louis Vuitton make a killing selling extravagant handbags, $1,200 sneakers, and
The 5 richest families in Britain prove the theory that money follows money
The rich get richer not because they work hardest, but thanks to their stupendous resources, productive assets and property
Pet’s wellbeing can trump that of others. Pet spending is recession-proof: survey
Three-in-four (75 percent) pet owners say that the state of the economy doesn’t affect how much money they spend on