Add a New Bulls Reason Concept: Luxury Consumption Headline: (100 character max) Analysis: Cancel 0% agree 0 votes edit Wealthiest Consumers Still Wealthy in Recession Top Contributor: Shawn Woodhull | Last edited on 02/27/09 | Edit | History For top tier ultra-luxury firms, the impact of the recession is lessened because their customers have such great wealth that they are shielded from the recession on an absolute scale. Consumers who are able to buy shoes or handbags costing over $1,000-5,000 before the recession are typically still going to be able to afford those purchases despite the recession. (100 character max) Cancel

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