24 October, 2008 | by Imran Amed, Editor

BoF Daily Digest | Retail’s worst Christmas, $1,000 Face Cream, Westfield London, Gucci investigated

Holiday_shopping

Christmas could be worst for two decades (Drapers)Retailers are bracing for the worst holiday retail season in two decades.

Lunchtime Snap: The $1,000 Face Cream (WSJ)
Despite the economy steadily declining, La Prairie launched a new $1,000 face cream.

Crunch time for luxury mall launch (BBC)
Westfield London, "Europe's biggest inner-city mall" is set to open.

Gucci Dragged into Spy Investigation (DNR News)

According to DNR, "Gucci Group was pulled into one of Italy’s so-called “Spy-Stories,” stemming from an investigation on illicit access to the Ministry of Interior’s data bank.

Holiday retail scene, photo courtesy of Yogenfruz.


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