|niguewosilis||Data: Miercuri, 16.03.2016, 11:57:47 | Mesaj # 1|
|The Luxury Market Is Dead Make Christian |
Louboutin Sandals Flats no mistake about it. The luxury goods market
is dead. At least that the way I see it for now in the current economic times.
High end retailers are increasingly catering to value conscious
Louboutin Flats Saleconsumers with the most recent example being
Neiman Marcus (Pending:NMG) launching their Last Call Studio outlet stores in
November (including a location in our very own neighboring town of Paramus, NJ).
Can anyone say lack of activity in the luxury market? It either that or CNNMoney
is doing a terrible job updating this portion of their site.
Apparently, stock investors do not agree with me on this point as names like Coach (NYSE:COH) and Sotheby's (NYSE:same store sales figures. However, I still
am not convinced of a solid growth in comp sales as the past couple of months
have not necessarily painted a clear picture of an uptrend for me. And going
back to my main argument, I don foresee the luxury market going back to what it
was like in prerecession years anytime soon. If sales
Louboutin Pumps are to improve for these upscale retailers, I
attribute the growth to increased focus on price conscious shoppers through
outlet stores, for example.
This strategy has gone from a top line boosting advantage to a necessity for these companies. http://www.christianlouboutinows.com/ CapEx at Saks
Fifth Avenue (NYSE:SKS) has been going into remodelling their lower end version,
Off 5th. Nordstrom's (NYSE:JWN) discount stores, Nordstrom Rack, have seen 15
new openings this year alone, including one over the summer in designerobsessed
Manhattan. Nordstrom and Neiman Marcus have even turned to the internet to
launch websites for their outlet stores this month, a move that is largely
Louboutin Bridal Pump the retail space given the challenge of selling
the limited stock of items that are all already on clearance.
With the trend in high end consumer retail moving towards outlet stores and any other methods of pushing discounts, the luxury market will not look like
what it used to back in the heyday for
Louboutin Platforms many more years. Until then, looks like a life of
luxury can only
Louboutin Wedges Shoesbe dreamed of outside of reality like in this $2
million dollar gold version of the board game Monopoly.