Tue Jan 19 08:46:00 -0500 2010

CNBC (New York)

- Luxury retailers are showing signs of life after being bludgeoned by The Great Recession, with companies from Saks Fifth Avenue to Nordstrom to Tiffany churning out respectable sales increases during the make-or-break holiday selling period.

Dana Telsey, chief executive officer of Telsey Advisory Group, agrees, saying this year will be defined by “luxury spend versus the need-based spend of 2009.”

To view the full article, download the PDF here: CNBC, January 19, 2010