Shoes are recession-proof!

03 February 2009


No matter how bleak the newspaper headlines get, no matter how many financial commentators warn that Britain is headed for Skintsville, it seems there's proof that you'll never separate a fashionista from her Louboutins. Because a new survey has found that while we're all cutting back on our spending, consumers have a list of personal 'untouchables' they're refusing to scrimp on. One in four people surveyed named shoes as 'off-limits' when it came to cutbacks, and 40% listed haircuts and colours as something they refused to compromise on no matter how bad the economy gets.

But it was bad news for luxury handbags and facials, with 92% and 89% respectively calling them 'expendable'. (If they'd asked around the Grazia office, we can tell you the statistics would have been a bit different!) So what are your 'untouchables'? And what can you live without? [Wall Street Journal]


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