BoF Daily Digest | Recession spending, Tory Burch’s new store, Chinese consumer anxiety, Engagement bling dips

Even in Recession, Spend They Must: Luxury Shoppers Anonymous (New York Times)

Consumers who can afford luxury items are shopping discreetly. 

Tory Burch’s Quiet Meatpacking Opening (WSJ)

Tory Burch opened a Meatpacking District store with very little fanfare. 

Consumer Anxiety in China Set to Jolt Economy (WWD)

According to the WWD, "China’s economy is being hit by the global economic downturn, and its consumers are feeling the pinch."

Lunchtime Snap: Engagement Bling Loses Some Sparkle (WSJ)

"This year, some jewelers say they’re noticing consumers cutting back" on purchases of rings for engagements. 

Photo courtesy of the New York Times.