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Commerce

Bluefly CEO: Luxury shoppers show signs of frugality fatigue

February 17, 2011

Bluefly sold more luxury shoes and bags in 2010 than any other category.

 

By Rachel Lamb

Bluefly reported a 17 percent year-over-year increase in profits that the company's CEO claims is indicative of a significant rise in what she calls frugality fatigue.

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  1. In Geneva, Christie’s records new high with Aga Khan emerald
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  4. Diageo launches new division for luxury brands, experiences
  5. Meta drops price on paid subscription tier in EU
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