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Will more luxury brands file for bankruptcy given the state of the economy?
cocomodels ( Score Rank: User did not make predictions in the last 30 days ) cocomodels  |  will close on 31-Dec-2009 (53 days from now)
With established fashion houses such as Christian Lacroix filing for bankruptcy, it seems as there is no room for extravagant luxury purchases in this recession.
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  1. polarisman polarisman 79 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 50% ] Yes
    (more)
    There will definitely more luxury brands going under before it's all over, Just a matter of how many that can hold on before the economy will rebound. My guess is you will see 5 major brand names in the next 180 days.
    [ reply ]
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