Luxury Ski Resort Files for Bankruptcy
by Roberta Murphy It seems that almost daily we hear about segments of the broad luxury market losing not only their luster, but even their footing. There are reports that luxury retailers are bracing for a crash slowdown, and that even real estate in super-rich Dubai is beginning to show signs of weakness. In fact, says Tim Blixseth, It’s as if the whole world had a financial heart attack. Wall…
