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(Some Guy)   Retailers who paid big bucks for product placement in "The Devil Wears Prada" less than overjoyed when sales immediately plummet   (today.reuters.com) divider line
    More: Ironic  
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2260 clicks; posted to Entertainment » on 16 Jul 2006 at 7:46 PM (16 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



16 Comments     (+0 »)
 
2006-07-16 7:05:30 PM  
Any branded product that I see in a movie, I never purchase again. Take that, madison avenue!
 
2006-07-16 7:22:01 PM  
it's the middle class and the "nearly rich" -- those worth between $1 million and $5 million -- who are cutting back on luxury goods and services.

People worth $5 million are now considered "nearly rich?!"

I must be living below the poverty line then.
 
2006-07-16 7:36:42 PM  
anyone wanna make the obvious connection here about devils and deals?
 
2006-07-16 7:51:28 PM  
"Instead of buying the $25,000 watch, they're buying the $10,000 watch," said Milton Pedraza, CEO of The Luxury Institute.

Yeah, if by "watch", they mean "car". Who came up with their definition of middle class?
 
2006-07-16 8:08:38 PM  
There is no such thing as middle class anymore. Those people who appear to be middle class are just poor people with more debt than you could ever pay off in your life.
 
2006-07-16 8:21:18 PM  
 
2006-07-16 8:26:43 PM  
Anyway...

but it's the middle class and the "nearly rich" -- those worth between $1 million and $5 million

Statements like this make me want to punch a motherfarker in the groin. If you're a millionaire, you're farkin' RICH, okay, douchebag?
 
2006-07-16 8:31:46 PM  
McBotulism, what is that guy in the cartoon saying?
 
2006-07-16 8:37:42 PM  
He's saying, "Some people have really, really, really farked up ideas of what 'rich' is. Also, your misfortune amuses me greatly and makes me laugh."
 
2006-07-16 8:55:46 PM  
Ohhhh... I thought it was "HA HA!"
 
2006-07-16 9:09:07 PM  
Retail is down as a sector across the board.
 
2006-07-17 2:05:31 AM  
If you've got assests of more than US$1mil, you are legally rich. Any asshole that would dispute this statement has never been poor, and deserves a good dose of poverty.
 
2006-07-17 6:31:11 AM  
My financial planner is telling me in order to retire on 75% of my current salary, I will need to have $6.2 million in the bank by retirement. At age 65, inflation will have caused me to need $155,000 a year to maintain my current standard of living. I make $85/yr now, and I ain't rich. I can just afford my mortgage, taxes, & utility payments with a little left over for savings.

I define "Rich" as being wealthy enough not to need to work if you don't want to. $1m is nice to have but it ain't rich, that's for sure. Invested moderately aggressive, you'd be able to pull about $45-50K a year and still leave enough earnings in the bank to cover inflation. I dunno where you folks live, but you couldn't live like a rock star on $45K a year in Boston.
 
2006-07-17 11:44:44 AM  
bobbooty for the win.

Everyone else needs to Do The Math.
 
2006-07-17 3:11:36 PM  
It's a sobering thought to consider exactly how far most of us are from financial security. It's so easy these days to live just above destitution, for your whole life... or until the credit gives out.

The banks and credit companies have figured out to the decimal place how much they can extract from you without driving you to bankruptcy, and people have become comfortable agreeing with them.

"How much of a house can I afford?" What a stupid question. The real question is, "How much of a house do I *need*?"

Don't listen to people who tell you you can afford to spend more. It's the wrong end of the game to be playing. Look to your needs, and put everything else away for a rainy day, stock market crash, or war in the middle east. There's always one coming just around the corner.

/ two cents is too much, YMMV, IMHO, and all that
 
2006-07-17 11:37:30 PM  
2006-07-16 07:51:28 PM nanded
"Instead of buying the $25,000 watch, they're buying the $10,000 watch," said Milton Pedraza, CEO of The Luxury Institute.

Yeah, if by "watch", they mean "car". Who came up with their definition of middle class?


Ya got that right. But you'd also be amazed at what more-money-than-brains people will buy. It is truly f'ing astounding.
 
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