Bennie urges classmates to go chic: Posh city of
By Anna Schoeneberger
As the warm weather turned chilly, the wind blew hard and the first snowflakes fell, I realized that the seasons are changing, and this year, I would be here for all of them.
I was on my way to work — feeling slightly disgusted with the apparel I wore — a pair of regular jeans, a Bennie T-shirt, a zip-up sweatshirt and of course, a fleece. I looked around to find that I was one of many choosing to partake in this ‘scrubsville’ event. I was almost overwhelmed with the number of students wearing sweatpants, Ugg boots and fleece.
I continued my walk to the
This time last year, I counted down the days until I would leave for
While abroad, we were living among some of the most posh and well-dressed Brits to be seen.
High fashion and high class, one might say, surrounded us. Granted, I was nowhere near their level of attire, I still found myself in a world where, unless you were in bed or at the gym, sweats did not belong.
Walking the high streets of
Although they may have thrown on their skinny jeans and maybe even some cute boots, it was the North Face jackets/fleeces that were always a dead giveaway to their country of birth.
As a 21-year-old, I must say my fashion has come a long way, from — yes — white spandex shorts in the sixth grade, to senior year of high school when my mom said, “Anna, could you maybe limit wearing sweat pants to school to three days a week?”
Although I am by no means anywhere near an everyday posh dresser, some days I do put in effort.
For those of us who have studied abroad in the
Overall, I must say that my first semester back from being abroad has been an adjustment like no other.
Going from 10 outfits for four months to a room full of stuff was a little overwhelming. And then there were classes.
In
So seniors, as we wind down our last fall semester, I want to encourage you to embrace the culture you became a part of as you travelled abroad and share it even more with others as we close down another American college semester.
Isla Fisher admits she detests shops as Confessi
Sexy actress Isla Fisher has admitted she detests shopping despite her role in the Confessions of a Shopaholic.
The movie, based on Sophie Kinsella's famous novel, follows a designer label addict around
Isla, 33, plays giddy character Becky Bloomwood, but says she'd rather slob about in pyjamas and ugg boots
then splash the cash on flashy clobber.
The Wedding Crashers star prefers to snub glitzy parties in favour of a quiet night in front of the TV with funnyman husband Sascha Baren Cohen.
Isla insists she is a far cry from her shoe-addicted alter ego Becky: "I dont really like shopping, its a bit of a drag to be honest.'
"I dont feel any pressure to own all the bright and shiny objects in the film.
"I'm nothing like that character and I couldn't keep that up.
"The character unfortunately focuses too much of her attention on appearences and what's on the outside.
"I am quite the opposite. I'm definitely not a fashionista!
"I couldn't stay long in heels, I would rather be at home in my pyjamas and uggs
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When Fads Unravel
When investing, it can be difficult to determine whether the fired-up growth stock you're eyeing is actually just a fad. People who invested in Crocs at the stock's crazy highs have learned the perils of such a situation. The shoe company's fourth-quarter results provide little reason for anybody to believe that Crocs shares can regain their former overpriced glory.
Crocs did beat analysts' expectations. However, it reported a net loss of $33.2 million, or $0.40 per share, compared to a profit of $38.3 million, or $0.45 per share, during the same period last year. The fourth-quarter net loss included major foreign exchange rate losses; without those, the company still would have reported a net loss of $17.1 million, or $0.20 per share. Revenue plunged 43.9% to $126.1 million.
Crocs also forecast a net loss for the first quarter, guiding in the range of $0.32 to $0.17 per share.
The company emphasized its improved cash position, accounts receivable, and inventory levels, and these are of course important elements. Cash is king these days, and Crocs' major inventory buildup and mounting accounts receivables hinted at big trouble on the way when the stock first began its downward spiral. However, Crocs' constant emphasis on the poor economy's negative impact may be a bit misleading. Although I have no doubt that the consumer spending slowdown is taking a bite out of Crocs, it's also been clear that the fad element of the company's shoes is rapidly unraveling. That implies that the heady growth of yesteryear is over, even when consumer spending revives.
Faddish stocks like Crocs and Heelys are dangerous for investors, even if Microsoft founder Bill Gates apparently believes that Crocs is a good stock.
Navigating the dire economy won't be easy for discretionary stocks like Crocs. Fellow footwear maker Skechers recently got trampled. On the other hand, these tough times could provide investing opportunities. I've wanted to take a deeper look at Deckers lately; its UGG boots
may be a fad, but they've shown remarkable staying power for years now, remaining hot even through last year's holiday shopping season.
But in Crocs' case, I continue to firmly advise investors to steer clear. Even though it may look cheap trading in penny stock territory, I don't believe it will ever come near its former growth rates. Buyer, beware.
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