Word: high-end
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...seems like ultra high-end restaurants and celebrity chefs have grown up into a whole culture while the economy was expanding. Do you think there was a culinary bubble...
...recession deepens, luxury sales are moving into the discount arena, especially online. Since 2007, no fewer than five high-end e-tailers, including gilt groupe and ideeli, have opened shop as members-only discount sites that offer VIP-style sample sales at outlet prices. But the fashion site making the most waves these days is a new online outlet cleverly named theOutnet.com. Opened to the public on April 16, theOutnet - the latest hot spot created by net-a-porter.com founder Natalie Massenet - had 150,000 visitors register prior to the official launch. "With our fashion-forward approach, edited selection and chic format...
Some 900 miles south, at the tip of the Baja peninsula, the luxury resort area known as Los Cabos, is also suffering the drug backwash. But the issue there is not drug wars, but the kidnapping of the high-end tourist trade, which it has sought the last 10 years...
...subscription rate listed on its website is $36. (Subscribe now and save $84 on the cover price!) And only 3% of its copies were newsstand sales, so it's not like that was a big business anyway. Sandow Media Corp., which bought Worth last year, also publishes Luxe (high-end design), True Beauty (high-end cosmetics) and Watch Journal (high-end wristwear). So the company probably feels it has a good read on the pulse of the prosperous...
...also a hardware company; its workstations were the building blocks of the Internet during the Gold Rush days and its machines still dominate the high-end server business...