US shoppers splash out on luxury items
More prosperous American shoppers seem to be defying continuing high unemployment levels and economic uncertainty to renew their spending on luxuries such as jewelery, fashion and cosmetics.
Tracey Travis, chief financial officer of Polo Ralph Lauren, said last week that the fashion brand and retail company had “slowly begun to see the gradual return of our core luxury customer”, including buyers of couture dresses that sell for more than $4,000.
Sales of cognac in the US had jumped 19 per cent by volume during the fourth quarter compared with the same period last year.
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audreyaa's analysis:
This article just stood out to me...the only scripture that comes to mind is from Revelation where it says not to harm the oil and the wine. I realize there are a few different interpretations of that scripture though. Comments or thoughts on this anyone?
This article just stood out to me...the only scripture that comes to mind is from Revelation where it says not to harm the oil and the wine. I realize there are a few different interpretations of that scripture though. Comments or thoughts on this anyone?
"At that time the sign of the Son of Man will appear in the sky... and they will see the Son of Man coming on the clouds of the sky, with power and great glory."
- Matthew 24:30
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All views and opinions expressed are those of the individual posting them and are not necessarily the views of Rap-Con.com or its operators.
luxury
Submitted by audreyaa on Mon, 02/08/2010 - 00:57.After thinking about this I realized that this article reminds me of the bible stories depicting times of indulgence, luxury and self centeredness that people are partaking in when God brings harsh judgement on them. Right now people are hurting in many ways and to think that there are those who are concerned with buying a 4000.00 dress? Young people working in order to afford a 60.00 shirt? I think if North American's do not get their priorities straight...God will do it for us!!!! In addition, now we have two Christian young men gunned down in cold blood and it is going basically unnoticed.
Hmmmm what will Jesus do?