Last Updated on 27th March 2009

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£6560 ($11,410) for a jacket? That’s how much Balmain’s (Michael Jackson inspired) crystal “IT jacket of the year will set you back. It is a beautiful jacket. But, I think not. Want to hear something even more outrageous? It’s sold out over at NET-A-PORTER.COM. Credit crunch? Yeah right! While many retailers at Westfield are scratching their heads wondering how they’re going to pay their rent, e-tailers are basking in the glow of low rent and our wild shopping habits. Let’s face it, online shopping affords us the luxury of inconspicuous consumption which enables us to do things like spend £6560 on a jacket.

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