Wednesday 27 October 2010

I Heart Fashion: The Obama Effect


It can't be easy being the back bone of the President of The United States, but Michelle Obama does it effortlessly and in style. According to the Independent, the first lady has managed to contribute £1.7 billion to the retail world just through the contents of her wardrobe.

A study conducted by the Harvard Business Review discovered that the share price value of the 29 fashion labels that Mrs Obama wore between November 2008-December 2009 rocketed to an average of £8.84 million.That's one hell of a stylist!

If that isn't a boost to what is already a damaged economy, I don't know what is. Oh, and for all those that foolishly contest that Michelle isn't the most influential first lady to date-men lie, women lie, numbers don't. That's all.

Source: Vogue.co.uk

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