NEW YORK — The road from the trading floors of Wall Street to the showrooms of Seventh Avenue is paved with markdowns, but the fallout could also help the upscale sector turn the corner.

Executives at designer firms said the connection between the corporate accounting scandals and the spending habits of the high-end customer can be found in sale signs and clearance racks, where the value of designer merchandise can turn as quickly as a revised earnings statement.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus