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High-End Undergarments: A Business Suitable for Bad Economies

November 6, 2008 by Isabel Isidro · 2 Comments 


Many entrepreneurs are asking, “What businesses are good to start when the economy is bad?”

This rationale given by supermodel Elle MacPherson in an interview with Daily Express in launching her high-end line of undergarments Elle MacPherson Intimates really cracked me up:

“For every down-at-heel hedge fund manager who has had to ditch his mistress due to financial hardship there’s always another waiting to step in … And in these hard times you find that when a woman can’t afford a dress in the luxury echelons, she may opt instead to part with ($32) on underwear that makes her feel good.”

Makes sense, doesn’t it?

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Author: Isabel Isidro (853 Articles)

Isabel Isidro is the co-founder of PowerHomeBiz.com. A mom of three boys, avid vintage postcard collector, frustrated scrapbooker, she also manages WomenHomeBusiness.com and LearningfromBigBoys.com. Follow her on Twitter: @powerhomebiz

Comments

2 Responses to “High-End Undergarments: A Business Suitable for Bad Economies”
  1. Carla says:

    I don’t know. I guess I never had the urge to spend that kind of money on underwear before. Bras, yes! Panties, no.

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  2. Anonymous says:

    That’s a pretty funny quote. I don’t usually spend that kind of money on undies either, but I love her line and buy it when I find a sale. Hautelook.com is having a sample sale on this designer today! They have a lot of half off or more items from her collection.

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