Malls in danger, Mrs. B on luxury, Fashion is Valentine’s Day loser, Luxury still lures rich

Mall of America, photo courtesy of the New York Times

Mall of America, photo courtesy of the New York Times

Our Love Affair With Malls Is on the Rocks (New York Times)
“The mall we married has become the toxic spouse we can’t quit, though we really must quit, but just not any time soon. The mall, for its part, is wounded by our ambivalence and feels financially adrift.”

London: Words of Wisdom from Mrs. B (The Luxe Chronicles)
Mrs. B, the influential British retailer weighs in on the economic crisis affecting the luxury industry.

Valentine’s Day Spending on Apparel, Lingerie Expected to Drop (WSJ)
In the expected drop in spending for Valentines Day, fashion will be the hardest hit category.

Why The Ultra-Rich Continue To Buy Luxury (Forbes)
“Prestigious brands crafted from sumptuous materials still lure the richest shoppers.”