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Monday, March 23rd, 2009

Fergie Unleases New Line of Gladiator Pumps & Sandals

The lead singer of the Black Eyed Peas feels your recession shoe-aholic pain.  She knows her fans can’t afford to run out and buy an expensive new product just because it bares her name.  So, she made sure her new line of gladiator style sandals and pumps are affordable– or at least more affordable than the shoe lines of competing pop star shoe-sellers like Gwen Stefani.  Fergie’s shoes, available at Nordstrom, are priced online between $90 and $130, while Stefani’s soles can run over $300.  Despite her international stardom, Fergie seems eager to price her footwear for the masses.  She recently said, “I would feel really irresponsible right now to have a line that was completely out of my fans’ price range.”

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Monday, February 9th, 2009

Dismal economy could change status quo for luxury goods

According to an article published today in the Wall Street Journal, the pathetic economy is changing how high-end retailers are selling goods. Last November, New Yorkers knocked each other to the ground as they snatched up deeply discounted luxury goods at Saks Fifth Avenue. Manolos which usually sold for $535 were marked down to $160.

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