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Crisis pushes men to therapy, women to handbags
ZURICH (Reuters Life!) - The desire to sport a different handbag for every occasion is shielding the largest makers of luxury leather goods from the economic crisis as women prove to be more consistent spenders than men.
Activities:2008 U.S. Recession Source:(Reuters)
2009-08-05
Plunging currency brings surge of bargain seekers to London
LONDON -- After a go-go decade, Great Britain is suffering from a sudden, severe financial hangover. Now, however, the party has kicked into high gear for another group: foreign visitors and investors who are descending on London to take advantage of the plunge in the local currency and snap up high-end property, luxury cars and designer clothing at a discount.
Nations:France Italy Malaysia U.K. People:Daniel Craig Activities:2008 U.K. Recession
2009-02-03
Last holiday shopping weekend keeps retailers edgy
CHICAGO - The deals were there and, by most accounts, so were the shoppers. But at the close of the final holiday shopping weekend, consumers confessed they were still nervous about buying.
Nations:U.S. Activities:2008 Christmas Source:(AP)
2008-12-22
Stores using survival tactics, look past holidays
NEW YORK - Retailers are accelerating their use of survival tactics -- slashing prices further and pulling merchandise off shelves to send to liquidators -- as the number of holiday shopping days dwindles. But January and beyond look scarier for even relatively healthy merchants as the passing of the holidays give shoppers no reason at all to spend.
Nations:U.S. Activities:2008 Christmas Source:(AP)
2008-12-19
Analysts expect more discounts as Christmas nears
MILWAUKEE - The clock is winding down on what could be one of the worst holiday shopping seasons in decades and recession-hit shoppers are finally starting to feel some pressure to spend.
Nations:U.S. Activities:2008 Christmas 2008 U.S. Recession Black Friday Source:(AP)
2008-12-15
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