Rich People Have Taken Up Stealth Shopping

The ultra-rich are opting for unmarked, unbranded bags to disguise spending on luxury goods.

30 comments Paul, 22 December 2008

The Daily Beast reports on the latest shopping trend among those wealthy few who haven't been seriously affected by the economic downturn:

"...Anyone who can still afford, say, the three cashmere throws at $2,225 each that Mrs. Fuld bought when she stopped by the store that day isn't likely to advertise it. Instead, the city's most extravagant shoppers are ferrying their purchases home in unmarked bags; delegating delivery to assistants; or manipulating credit card bills to disguise their spending from outsiders--and their spouses..."

Read the rest.

30 comments on the article “Rich People Have Taken Up Stealth Shopping”

Displaying 21 - 30 of 30

Anonymous

07 January 2009 at 02:58 pm

My experience is that always there is audience for everything. The world is vast. Particularly, I found interesting to know how rich people is changing their behavior due to the financial "crisis", because my future business will be directed to this kind of consumers. I consider that people who is not interested in this kind of news just might not spend their time reading, assimilating, analizing, concluding and writing about it.

Anonymous

07 January 2009 at 02:58 pm

Anonymous

08 January 2009 at 08:28 am

Perhaps those who are making the poor poorer are suddenly growing a conscious... rather superficial if you ask me.

Anonymous

08 January 2009 at 08:28 am

Perhaps those who are making the poor poorer are suddenly growing a conscious... rather superficial if you ask me.

Anonymous

12 January 2009 at 03:37 pm

poverty/noun. A lack of something... Ideas for example? Deep feeling for work, maybe? Creativity, perhaps? Could be leadership skills? What about low self-esteem? I do not know... just questions in the air to think about them.

Anonymous

12 January 2009 at 03:37 pm

Meli Dee

20 February 2009 at 07:14 am

So first we attack the rich and the famous for their excessive spending, like in cases with Sarah Palin's wardrobe or Laura Bush's fancy china. But as rich people actually attempt to become more humble, we attack them even more. They say the economy needs a boost, and people are encouraged to spend more, rather than save. So maybe their spending is what keeps us all afloat. And by the way, many celebrities like frugal shopping, but if you see them with a shopping bag from some high-end store, maybe they are just doing one of those promotional products campaigns, they were paid to do.

Meli Dee

20 February 2009 at 07:14 am

jsummers1315

23 March 2009 at 01:51 am

Rich people using unmarked bags to ferry their wasted large dollars purchase is hardly them becoming humble. If they wanted to become truly humble they would put that money to much better use rather than some worthless peice of rubbish that has some abstract hyped STATUS that results the price for buying that non-essential piece of materialisim is limited to a select few who need their egos stroked because they are racked with self doubt and insecurity. Humble? Phooey! Help someone who truly needs help. Jenni (mad for hair care: tigi bed head, kms, joico and lanza.)