The days of the $300 jeans are gone??

January 19, 2009 – 10:50 pm – No Comment

In an article from MSNBC, retailers were discussing how consumer spending has changed since the economy has suffered over the past year. One retailer’s (Rock & Republic) founder and creative director, Michael Ball, said that the days of $300 jeans were over.

At the same time he was talking about how he had to lower prices on the ridiculously priced cotton pants…he said he created a new “inexpensive” line that fell in the $130 area.

$130 for a pair of jeans is not inexpensive or even practical.The most annoying part is that he is calling it is being referred to as the “Recession Collection.”

This is from the article:

The Recession line, to be offered at Bloomingdale’s, Neiman Marcus, Nordstrom and Saks Fifth Avenue, will be sold alongside the premium denim collection.

But Ball plans to end the Recession Collection when the economy recovers. For now, he believes he’s doing his part to keep the economy rolling and help shoppers “open their pocketbooks.” - AP