Spaderox and Imcat have hit it one the nose. THIS IS A HIGH END RETAILER for now. The Hero and Demon line will cater to the lower end of the market when it rolls out. The combination will be a good mix of inventory and keep a steady flow of sales. To those of you who doubt the affluent do not spend their money through any economy, take a look at Coach's operating metrics and stock performance. HHWW's strategy is working as planned. I will report back when I return from London and see the store for myself.
I'll see if this is all smoke and mirrors as some of you suggest.