Poverty Elite


by Wendy at February 27, 2006, 9:05 AM

fendibbag.jpgDo you wear a Hanes t-shirt so you can save up for a Fendi B Bag? Then you may have an uncontrollable lust for luxury. "You have consumers who accept to go to discount stores to buy some things," one Paris-based consumer analyst told Reuters, "in order to free up purchasing power on higher valued goods, such as jewelery and leather goods."

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Quote of the Day

“"I'll never be about the $20,000 phantom dress that no one wears.”

— Jason Wu, during a private dinner. From WWD.com

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