Fashion & Finance Friday!

Last week of January – Done & Done!  Greetings & Salutations FRIDAY!!!!!!!!!!!!!!

Here it comes….earnings season, and you know how much reversecommuter loves the numbers!

LVMH had a year of flat growth, with an profit increase of only 0.4%.  Don’t be too blue for the house that Louis Vuitton, Givenchy, Celine, Marc Jacobs, Donna Karan, etc etc. built, they still managed to rock 4.7 BILLION in profits!  reversecommuter thinks that Bernard Arnault and Salma Hayek won’t need to adjust the budget too severely!!

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But this splat flat is interesting in that it reflects China and European luxury markets slowing considerably.  Suddenly vintage is in (aka nobody is buying anything new!!).

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Breach is Bad. First Target, then Neiman Marcus and now Yahoo!  Yahoo announced Jan 30 that some of it’s email accounts had been hacked.  Neiman Marcus is working with federal investigators to provide insight into the 1.1 MILLION credit cards that were hacked over an estimated 3 month time frame.  Target had 40 million customers’ credit and debit card info stolen during the holiday shopping season.

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You know those websites that offer a grading of your password?  Maybe it’s time to start paying special attention to creativity!

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Don’t forget to enter reversecommuter’s first ever give away contest!  Deadline is fast approaching – January 31 midnight est.  Click here to go to reversecommuter’s FaceBook page, simply like it et voila, you are entered!   GOOD LUCK!!!

enjoy the weekend and remember, it is absolutely acceptable to watch the Super Bowl in heels while sipping champs!!

xo reversecommuter