Tag Archives: recession

Girl Talk: Losing My Job Was Good For Me

“We’ve restructured your job and structured you out of it,” Louis said quickly, as though this thought were all one word.

Immediately, I felt the floor drop and ceiling soar, while I, not tethered to either, floated between. I was surprised, though I’d foreseen this bad news; I‘d brought an empty brown duffel bag to work that Friday rather than my usual Louis Vuitton purse. I had been telling my mother and coworkers for weeks, as I snooped while sorting Louis’ emails, that I was going to be let go. Keep reading »

Desperate For A Birkin? Now’s The Time To Buy!

An Hermès Birkin bag is the ultimate in purse luxury. While crazy Lady Gaga decided to “accentuate” her own white bag with a Sharpie, there are very few people in the world who actually score this astronomically expensive purse for two reasons: the price tag and the prohibitive wait list. So, along with the recession that’s taken hold of our world in the past few years, comes just a tiny bit of exciting news. It seems the legendary wait list for a Birkin bag is officially no more! So, in case you’ve been holding on to a spare $6,500, then now is the time to get a little shopping-crazy. Luxury retailer Portero’s is already boasting their wait list-free inventory of Birkin bags, including a violet suede number that I’m currently having major fashion pangs over. [SheFinds] Keep reading »

Way More Women Becoming Millionaires

While there’s no doubt that the recession hit all of us hard, there is one group that seems to be making lemonade out of lemons. A recent U.K. business report found that self-made, female millionaires are up 40 percent in the last five years. Woo-hoo! The number of millionairesses has skyrocketed because while most men invested their money in stocks, which suffered greatly, women invested heavily in the property and businesses to hit it big. Specifically, stay-at-home women who had innovative business ideas—like making sexy lingerie for large-busted ladies or gluten-free sandwiches for Starbucks—made more money than women trying to shatter the glass ceiling in the workplace. A great argument for working smarter, not harder. Now all I need is a genius idea. Maybe a robotic boyfriend or something? [Daily Mail] Keep reading »

Old And Fat Are In During Recessions

Get ready to eat, drink, and age naturally because two new studies show that old and fat are in vogue during times of economic hardship. Well, not exactly “old” but “mature” and not exactly fat but “taller and heavier.” The two studies, one using American movie actresses from 1932 to 1995, the other surveying Playboy Playmates from 1960 to 2000, found that beauty icons tend to be slightly taller, heavier, and more mature-looking with larger waists and less babyish facial features when money is tight. Why? Biologically baby-faced features are associated with neediness and small waists and big hips with fertility, while women with smaller eyes, larger chins and bigger bodies tend to be more independent and stronger emotionally. The theory is that when times get tough, it might be better to shack up with a woman who is a survivor rather than someone who looks hungry. Keep reading »

Remember Paper, Denim & Cloth? They’re Back!

Could this be a sign that the recession is over? After closing shop a few years ago, fancy jeans company Paper, Denim & Cloth is officially back in business! They launched in 1999 and found success with their designer denim, but with the money woes of America, left the industry for a bit. However, now the brand is promoting a new collection for the spring 2010 season, which means that the jeans are making their way back into stores, and into the closets of PDC fans. Along with their return to the world of fashion comes not only their newest creations, but also new price points. Where once they sold $200 jeans, you’ll now find denim at half the price and skirts at around $60. A comeback and lower prices? What’s not to love? [Second City Style] Keep reading »

The Oscars, Recession-Style

The Oscars are a no-expense-spared event, from the bottles of champagne to those adorable little gold trophies. Actors and actresses dress up in designer clothes (though each piece is likely borrowed), primp with hair and makeup gurus and stylists, not to mention all those limos. But this year, the recession took hold in not one, but two different ways. While many starlets choose Christian Louboutin or Manolo heels to pair with their red carpet dresses, Natalie Portman went a very different route, and actually wore shoes that everyone can afford… a pair of black satin open-toe Segura platforms from Aldo! Just imagine little Natalie strolling into her nearest Aldo store, with a picture of her dress in hand. Refreshing, isn’t it? And in a bold move, Diane Kruger decided to forgo the makeup artist cost and mastered the impressive feat of applying her very own beauty look. We have to say bravo to Diane — she looked flawless. [Stylelist and Lucky] Keep reading »

How To Get A Job Blogging For A Living

Once upon a time, weblogs were weird websites written by a few nerdy types. Now, blogs are everywhere. They’ve gone mainstream. People actually get paid to blog for a living. There are pros and cons to blogging-for-dollars. On the up side, you get to do something you love, in many cases you get to work from home, and you get the pleasure of seeing your ideas, interests, and opinions out there in a matter of minutes for everyone to read. On the down side, a job is a job is a job, working at home can get lonely, and the drive to keep up with the blogging Joneses can get stressful. Still, we think the pros far outweigh the cons. Here are a few basic steps you can take if being a pro blogger is the position of which you dream. Keep reading »

How To Extend The Life Of Your Handbag

When it comes to saving money during a recession, there are always home remedies like creating your own face masks and purchasing groceries instead of eating out every night. Another way to save money? Don’t head to the cleaner every time your handbag needs a little bath. Read on for tips on how to clean your purse at home from the well known Hallak Cleaners, who treat designer bags like YSL, Pucci, and Bottega Venetta. Keep reading »

Crash Jewelry Wears It Like It Is

Some people can profit from an economic depression if they figure out how to cater to a desperate clientele. Clearly, the fashion industry isn’t among those folks because they’ve been in the crapper all year thanks to curbed recessionary spending. Maybe the answer is to confront the problem and tell it like it is. At least, that’s what Crash Jewelry does with its recession-themed necklaces. Each blinged-out accessory refers to depressing 2009 statistics, whether it’s unemployment rates or national debt. So why not spruce up your hobo duds with a beaded plaque around your neck that demonstrates consumer debt? Or a jeweled pie chart pendant that explains national federal debt? Hey, at the very least, these might one day become collector’s items and actually be worth something. [Inventor Spot] Keep reading »

Does Shopping Make You Feel Guilty?

The retail industry is getting pretty desperate these days—how many more special events and functions will we see that scream “Oooo! Please, please come shop in our store!” According to the Wall Street Journal, the latest tactic in trying to woo the recessionary customer is to assuage shoppers’ guilt.

In some cases, this goes straight to the point instead of tip-toeing around the you shouldn’t be spending atmosphere. Take, perhaps, the best example out there, Gilt Groupe, a sample sale website (and admitted Frisky obsession) whose name is a play on the word “guilt.” The site’s co-founder, Alexis Maybank, explains that now retailers like her are placing emphasis on battling this new culture of consumer guilt: “It used to be about keeping up with the Joneses, and now it’s about outsaving the Joneses … We need to encourage people to get excited about fashion.” Gilt’s short-timed sales have set off a wave of similar online initiatives, which rev up shoppers and distract them from negative feelings.

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