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Corrupt Government
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Title: The First Big Butt's $50K luxury lingerie shopping spree shuts down Madison Ave.
Source: The Telegraph
URL Source: http://www.telegraph.co.uk/finance/ ... First-Lady-Michelle-Obama.html
Published: Jan 30, 2012
Author: Helia Ebrahimi
Post Date: 2012-01-30 06:00:16 by Happy Quanzaa
Keywords: Obama-doma-ding-dong, Moochelle, 1st Wookie, Bigfoot, Sasquatch
Views: 5691
Comments: 25

Agent Provocateur sales boosted by US First Lady Michelle Obama

Agent Provocateur saw sales jump by more than 12pc, helped by US First Lady Michelle Obama spending $50,000 (£31,794) in one shopping spree.

The First Lady – better known for shopping at more modestly-priced High Street stores – along with the Queen of Qatar, Sheikha Mozah, closed off part of Madison Avenue to spend time in the luxury lingerie shop. Their purchases contributed to a market-spanking 12.5pc lift in sales.

Agent Provocateur, which is styled on vintage Hollywood glamour, sells handmade Calais lace corsets that sell for up to £900, which could ruffle the feathers of more than just President Barack Obama in an election year.

Gary Hogarth, Agent Provocateur's chief executive, refused to be drawn on the store's closely kept "secret client list". But he admitted the brand had attracted a high number of "unexpected famous names" – especially in the US, where sales have overtaken the UK.

On the back of this growth, Agent Provocateur, which is owned by listed private equity firm 3i, is launching an aggressive expansion strategy with more than 20 new shops opening globally in 2012.

Last-minute purchases of lace corsetry and satin bras pushed Christmas trading across the eight weeks from November 27 up 8.1pc on a like-for-like basis and 15.2pc overall. In the last 43 weeks, trading has been up 12.5pc on a like-for-like basis and 21.6pc overall, outstripping most of its retail rivals. The company’s lack of competition, celebrity status and up-market clientele have insulated it from problems endured by most rival retailers. In October the company said half-year sales were up a third to £26.6m with earnings of £3.3m.

“This is a real luxury brand,” says Mr Hogarth. “But now it is also being run with a strong business discipline. That has meant a lot of changes to the finance team, mer­chandising and production and planning. It also means negotiating on every rental contract – which is more than possible in this market.”

3i’s £69m purchase of the company at the height of the 2007 buy-out bubble left the private equity firm holding all the debt. Insiders say this costly misstep has ironically allowed the business to survive across two very difficult years of trading. Now, the company’s recovery is out­pacing even 3i’s projections.

“The glamour of the AP brand is really powerful – it has a luxurious quality, that means people have a sense of walking away with a special purchase even when they are buying a pair of knickers,” says Mr Hogarth.

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Begin Trace Mode for Comment # 4.

#1. To: Happy Quanzaa (#0)

peanuts........LMFAO

Here's a pro:

Palin clothes spree bigger than we knew: The Swamp www.swamppolitics.com/new...ee_bigger_tha.ht...Cached - Similar

Nov 6, 2008 – Newsweek is reporting that Palin bought more clothing than the $150000 ... NEWSWEEK has also learned that Palin's shopping spree at high-end ..... history we can count on The Chicago Tribune to follow this important story.

mcgowanjm  posted on  2012-01-30   9:24:59 ET  Reply   Untrace   Trace   Private Reply  


#2. To: mcgowanjm (#1) (Edited)

No link .

The taxpayers don't pay for Sarah's clothes. and she would look good in lingerie. Besides, lingerie's a waste and an eyesore on a humongous cellulite infested ass like Moochelle's.

Happy Quanzaa  posted on  2012-01-30   9:36:05 ET  (1 image) Reply   Untrace   Trace   Private Reply  


#3. To: Happy Quanzaa (#2) (Edited)

The taxpayers don't pay for Sarah's clothes.

BUWAHAHAHAHAHAHAHAHA

McCain Campaign furious over OMFGPalin clothes.....LMFAO

So who DID pay for OMFGPalin's security in Chicago....

And you've got a hard on for (flat assed;) white women and don't like big black women.

This is news? Subjective much?

mcgowanjm  posted on  2012-01-30   9:59:27 ET  Reply   Untrace   Trace   Private Reply  


#4. To: mcgowanjm (#3) (Edited)

So what about what Sarah bought? It wasn't my money. I'm paying for Moochelle to dress up and pretend she's not fat and ugly.

But you know, why is everybody assuming the wookie was buying the stuff for herself? It was on 11/27, maybe she was Christmas shopping for Reggie & Barry. Or maybe just for Barry, she and Reggie are about the same size, he probably wears her hand-me-downs.

Happy Quanzaa  posted on  2012-01-30   10:11:07 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 4.

#5. To: Happy Quanzaa (#4)

I'm paying for (FLOTUS)

Challenge.

war  posted on  2012-01-30 10:16:58 ET  Reply   Untrace   Trace   Private Reply  


#7. To: Happy Quanzaa (#4)

So what about what Sarah bought? It wasn't my money.

McCain Campaign.

US SS plus Chicago police.

It was your money. And a BTW on being subjective.

When does CondiRice give back those shoes she was buying while Katrina was blowing thru NO?

How much should the First Lady receive?

Why do GOPer women like cheney get a free pass?

Again. Subjective much?

Meanwhile, back at the ranch....

Mr. Obama keeps telling nationwide audiences that "we have a supply of natural gas that can last America nearly 100 years." That is just not true. If he believes it then he is either 1) getting treasonously bad advice from dishonest advisors or 2) not reading reports issued by his own agencies or 3) just making shit up. This was the same week, by the way, when the US Department of Energy dropped its estimate for the Marcellus shale gas play by 66 percent, while the estimate for all US shale basins went down 42 percent.

8D

mcgowanjm  posted on  2012-01-30 10:26:55 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 4.

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