In tough times, designer's bag sales are up
(NEWSER) - High-end designers everywhere are closing down storefronts, but somehow Hermes’ sales are up. The iconic brand has managed to beat the recession by ignoring it, continuing to sell $50,000 bags that require years on a waiting list to own. “Hermes’ position is unique; it is at the very top of the pyramid in terms of luxury goods,” one analyst tells ABC News. More»
