Fashion & Finance Friday!

How is it the word “Friday” evokes a big a*s grin, every single week?

Fast Fashion mammoth, Zara, was the focus of a brilliant piece in the NY Times earlier this week (click here to read the full article).

According to the NY Times, an average consumer buys 164 pieces annually. Perhaps such a high number could be reduced if the consumer focused on acquiring quality pieces. Quality not quantity….just saying.

Sak’s Fifth Avenue is blaming Hurricane Sandy. Sales forecasts are down for the remainder of 2012, and Saks says it’s due to the impact the hurricane had on it’s business. The NYC flagship represents 20% of Saks sales, and as the flagship was closed as a result of Sandy, as well as online sales down, Saks is bracing for a less than stellar end of year.

Salvatore Ferragamo released sales profit numbers are up 8%. reversecommuter stayed at one of the Ferragamo boutique hotels in Florence this past week, and it is no surprise that sales are up – this family truly has been bitten by the style bug! Gorgeous Gorgeous Bellisimo!

rooftop bar at Hotel Continentale, Firenze, Italia

Wishing you the most fashionable & fabulous weekend!
xo reversecommuter

12 thoughts on “Fashion & Finance Friday!

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