Image via Bundle
Denying it is impossible: Even with most of the economy at a standstill, luxury goods continue to boom and the products that make up the marketplace continue to reach higher and higher price points. All of the husbands and boyfriends (not to mention jealous officemates and frienemies) out there who nearly keel over at the price tags on handbags should take a look through the back pages of any major US fashion magazine – accessories are expensive, but clothes are out of this world.
Considering that, it’s no surprise that a recent survey by Bundle and Citi found that Oscar de la Renta’s Madison Avenue flagship is the most expensive store in the country. When cocktail dresses start at more than a thousand dollars and sometimes stretch up into the five figures, it’s not hard to see where the boutique’s $3217 average ticket comes from. Naturally, I have a few theories about these results. (more…)