Kathy Fuld's Secret Shopping Sprees
Last week, the Times reported that luxury shoppers are now doing much of their buying in secret because "shopping is almost embarrassing" given the state of the economy. The Daily Beast follows up today with the news that some high-end stores are even handing out plain shopping bags to help their customers disguise their high-end purchases. One such customer at Hermès: Kathy Fuld, the wife of Lehman CEO Dick Fuld. "Since the Lehman Brothers bankruptcy, Mrs. Fuld has still been a regular client, visiting the boutique once a week and spending $5,000 or $10,000 each time." [TDB]