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Guess what? Recession? no way!

It is time to check your irrational spending habit. Nope, probably your wife/gf!


Picture from : http://www.kennysia.com/archives/2008/12/theres_a_queue.php

Quote BT today:
RECESSION or not, high-end retail brands such as Chanel and Louis Vuitton are still going ahead with plans to launch new stores and expand existing ones.

And with malls such as Ion Orchard, Orchard Central and the new Mandarin Gallery coming on-stream next year, consumers can also look forward to various new-to-Singapore brands.

Chanel, for one, will be launching a new watch and fine jewellery stand-alone store in Singapore at Ngee Ann City in March 2009, the first such store in South-east Asia, although Chanel has already launched its fine jewellery boutique in other parts of Asia such as China and Korea.

Chanel remains upbeat that the new store will do well, even with the deteriorating economy and dampening consumer sentiment. 'We've done our research,' said a Chanel spokesman, adding that the new concept will fulfil customer demands for such a store.

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