Read more luxury goods stories on Newserhttp://www.newser.com/taggrid/7902/luxury-goods.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 19:08:30 CSThttp://www.newser.com/story/63364/luxury-labels-flaunt-green-cred.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAs traditional luxury good buyers make way for a new generation of eco-conscious consumers, luxe brands are jostling to show off their planet-saving credentials, the Wall Street Journal reports. Firms like Louis Vuitton and Tiffany are snapping up eco-friendly firms, introducing new lines, and using green themes in their advertising...http://www.newser.com/story/63364/luxury-labels-flaunt-green-cred.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 02 Jul 2009 7:02:42 CDThttp://www.newser.com/story/57690/rich-feel-guilty-spending-now-poll.html?utm_source=syn&utm_medium=rss&utm_campaign=tagEven the still-rich are unhappy in this economic climate, though their dolor is more likely to come from shame than anything else, USA Today reports. 54% of people who have $100,000 to spend after such mundane things like mortgage payments and taxes “feel guilty purchasing luxury goods” nowadays, according...http://www.newser.com/story/57690/rich-feel-guilty-spending-now-poll.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 30 Apr 2009 15:18:02 CDThttp://www.newser.com/story/50278/saks-deep-price-cuts-changed-all-the-rules.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWhen Saks Fifth Avenue slashed prices 70% in November to kickstart a stalled holiday shopping season, it changed the rules for the entire luxe market, reports the Wall Street Journal. Retailers like Neiman Marcus and Barney's followed suit, putting an end to the unwritten deal the stores had with designers:...http://www.newser.com/story/50278/saks-deep-price-cuts-changed-all-the-rules.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 09 Feb 2009 9:49:05 CSThttp://www.newser.com/story/47966/recession-jolts-french-couture-and-psyche.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFor France, recession isn’t just an economic event, it’s a cultural revolution, the New York Times reports. The country is at once panicking—the layoff of 200 Chanel temporary workers was a major event—and rejoicing. Many are thrilled to see France’s obsession with high-end living come crashing down. “This...http://www.newser.com/story/47966/recession-jolts-french-couture-and-psyche.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 15 Jan 2009 13:14:02 CSThttp://www.newser.com/story/46304/no-christmas-miracle-for-retailers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagIt was a bleak Christmas and promises to be a less than prosperous New Year for retailers with consumers tightening their belts and spending less, reports the Wall Street Journal . Retail sales dropped 5.5% in November and 8% in December, compared with the same months last year. Luxury goods,...http://www.newser.com/story/46304/no-christmas-miracle-for-retailers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 26 Dec 2008 1:57:49 CSThttp://www.newser.com/story/43641/no-snow-job-owner-wants-500k-for-vail-parking-spot.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAmerica’s economy may be going downhill, but evidently not in the ski destination of Vail, Colo., where one resident is offering a parking space close to prime slopes for $500,000, the Vail Daily reports. “There’s always somebody out there who has money to spend on a good Vail parking...http://www.newser.com/story/43641/no-snow-job-owner-wants-500k-for-vail-parking-spot.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 26 Nov 2008 14:44:02 CSThttp://www.newser.com/story/43514/crunch-puts-crimp-in-luxury-ad-sales.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe echoes of the economic crisis continue to reverberate, with luxury brands trimming spending on newspaper and magazine ads as their target audiences cut back, reports the New York Times. Display advertising was already in decline, and spending on luxury items, which started softening in the spring, fell off a...http://www.newser.com/story/43514/crunch-puts-crimp-in-luxury-ad-sales.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 24 Nov 2008 12:45:01 CSThttp://www.newser.com/story/41683/for-wealthy-its-cool-to-be-cheap.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAffluent Americans are folding up the Gucci sunglasses and trying green living's thriftier practices on for size, a response to environmental and economic concerns that's sure to dampen spending for the duration of the recession, the Wall Street Journal reports. "People aren't shopping to feel better," said one retail consultant....http://www.newser.com/story/41683/for-wealthy-its-cool-to-be-cheap.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 04 Nov 2008 10:43:16 CSThttp://www.newser.com/story/39560/no-more-bling-even-the-jet-set-feels-the-pinch.html?utm_source=syn&utm_medium=rss&utm_campaign=tagNot even the super-rich are immune to the present crisis, prompting Christina Binkley to wonder in the Wall Street Journal : "Is this the end of bling?" In a word, maybe. The world, of course, will always have rich people, but they may not want to flaunt it as much amid...http://www.newser.com/story/39560/no-more-bling-even-the-jet-set-feels-the-pinch.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 09 Oct 2008 19:04:25 CDT