Months before financial markets collapsed in fall 2008, boutique proprietor Lee-Lee Sprenger noticed that her usually free-spending customers were flinching at $900 price tags on sweaters fresh from Italy. Sales at Mélange on Montana Avenue in Santa Monica have been sinking ever since.
“We’re barely making it here on Montana,” she said. “Most of the businesses have had a 60% drop in sales.”
Sprenger is holding on, barely, but dozens of empty storefronts and “going out of business” signs along the tony shopping street attest to the pervasive misery afflicting merchants.
I don’t know if I have ever been in a store that would have the gall to offer customers one sweater for $900. What is it, a golden fleece?
[i][1] The_Archer_of_the_Forest[/i],
You get half-credit for your essay answer. I am doubtful of there being any gold in the sweater. On the other hand, it is undoubtedly a fleece. {winkies: several}
Pax et bonum,
Keith Töpfer
yeah, and here I thought the $250 cashmere ones from Brooks Bros. were pricey, I need to get out more….