Follow Newser on Twitter   Friend Newser on Facebook
Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Hot on Facebook

$50K Hermes Bag Is Recession-Proof

In tough times, designer's bag sales are up

By Evann Gastaldo,  Newser Staff

Posted Jun 10, 2009 3:02 PM CDT

(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;...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
4 comments
A snapshot of the day's best news stories.
 

More Newser Stories

Inside Kate and Andy Spade's New Life

Megan Fox Armani Ads Debut

Women's Fashion Turns Tough

Rodarte Deal With Target a Mistake

Man Cleavage: It's All the Rage


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   Geek Sugar   |   Business Insider   |   HuffPost Entertainment