Hipsters, Fashion, and Economy - LocalApple

PaullyInNYC · 10-06-2008, 09:42 AM

In a interested article on Forbes this past week, there was an article stating that Hipsters are the one demographic keeping the economy somewhat rolling, at least in the retail world. They are a consumption powerhouse and a lot of marketing dollars are being spent to capture the "creative class."

Quote:

While retailers geared toward consumers under 45–the Gap, Abercrombie & Fitch and Express–have struggled in the past year to increase sales, hipster-centric clothing outlet Urban Outfitters has reported record results.

+1 for the Hipsters!

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