LUXURY AND PROFITS
SIGNS OF REDUCTION $REND OP LONDON PRICES. ' (DnilBI) PREBS ASSOCIATION.—COPIRiaHT.) (AniTBAUAH - NEW ZEALAND CABLE ASSOCIATION.) LONDON, 20th May. London's post-war. period of extravagant luxury-buying and enormous profits shows sign? of ending. The verge of the busiest season finds the West End business men anxious to unload their heavy stocks, fearing the possibilities of a.n economy craze and consequent slumj in buying. The increased dearness of money contributes to the downward pressure. The managers of hotels, restaurants, and shops indicate that high spending Trill soon ba confined to the n«w rich, Modistes declare that -women in the highest social positions are outtinjr down their dress expenditure two-thirds. ,
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Bibliographic details
Evening Post, Volume XCIX, Issue 121, 22 May 1920, Page 5
Word Count
109LUXURY AND PROFITS Evening Post, Volume XCIX, Issue 121, 22 May 1920, Page 5
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