Another recession proof item!
Friday, June 19, 2009
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Scouring the newspapers at break today, I came across this article about the luxury handbag maker Mulberry. It follows on nicely from my earlier blog on Cadbury and are there any other recession proof goods and services.
Mulberry are certainly at the more expensive end of the handbag market with prices starting at around £450. However it would appear that this high price is not deterring shoppers, with sales rising by 21% this year.
As the article goes on to say it would seem consumers are going for ‘investment pieces’ that will last for some time; at that price it would need certainly need to last!
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