Word: gifts
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...bracing for the worst December in a decade, according to a survey released last week by the Confederation of British Industry; just 12% said they expect sales to be good. In France, shopper sentiment has also slid sharply since September. Some countries' consumers seem to be feeling more gift-happy than others (see chart). But if demand is skimpy, the biggest casualty, along with retailers, could be the toy industry, which does as much as half of its business in the Christmas season. Denmark's Lego says it expects to lose about 3250 million this year as falling sales...
What’s on your holiday wish list? I bought myself an early Christmas gift: a Paul Smith eggplant velour jacket at Neiman’s. It doesn’t match anything, but it’s awesome...
What’s on your holiday wish list? I’ll be on the Burberry gift registry...
...education of future generations of Harvard students—not to create gigantic personal fortunes. That’s why one wealthy Harvard Medical School and School of Public Health alumnus, Dr. Terry M. Bennett, reacted to the bonuses by trying to retrieve a multi-million dollar gift to Harvard...
...culture, but North Americans seem to be unable to let sleeping dogs lie when presented with the opportunity for relaxation that is the holiday season. We seem overly keen to fill the void in our daily stress-level with a craven consumerism that obligates one to find the perfect gift at the perfect price for just about everyone. According to a study by the American Research Group, the average American will spend just over $1000 on gifts this season—more than double the average individual in 1991. Ever since Coca-Cola introduced our modern image of Santa Claus...