Archives: August 2008

Wine Spectator: Busted

Posted by: Charles DuBow on August 21, Categories: The Booze Biz

I like the Wine Spectator. It's a good magazine that has a lot of very serious wine experts and journalists on staff. However, some of them are probably pretty ticked...

Hermes' $490 Plush Toy. C'est Ridicule!

Posted by: Charles DuBow on August 21, Categories: Ostentatious Display

Just what to give a spoiled brat. Like many people, I thought the over-the-top conspicuous consumption that defined the last few years was over. In the wake of our...

The Affluence Myth

Posted by: Charles DuBow on August 20, Categories: Wealth Watch

Great column today by Geoff Colvin at Fortune. In it he writes that the "standard-of-living bubble" may be about to pop. The reason? That in the wake of the housing...

Saks' Stumble No Surprise

Posted by: Charles DuBow on August 19, Categories: Fashion Business

Saks (SKS) just reported a wider second quarter loss. I'm going to go out on a limb here and say that I am not surprised. No, not because the U.S....

Estee Lauder Benefits From Weak Dollar

Posted by: Charles DuBow on August 14, Categories: Fashion Business

Like nearly every other U.S.-based luxury goods company Estee Lauder (EL) is benefiting from a weak dollar and strong overseas sales. The New York cosmetics company announced Thursday that profits...