You bet the rich are not buying $8K tubs anymore..Heard that in addition to the Soho location, they abruptly closed half of their stores around the country and couldn't cough up a dime of severance to those they laid off ..including the poor schmucks who had been employees for 10 plus years! After selling the most expensive products in the industry was that was the best they could do? Proves they have zero money and are about to crash and burn.
Apartment Therapy New York | Openings/Closings: Waterworks SoHo Shuts Down!
|5/1/09 01:18 PM|