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fila prada sneakers decade global sales among luxury goods retailers have grown more than 10% a year, vs. 2% for chains generally. Much of this growth came from middle market consumers trading up to luxury."Now if, as I suspect, the aspirational consumer doesn't just have to cut back this Christmas, but has to semi permanently downshift hisher aspirations to adjust to an economy that just isn't going to offer the same upward mobility for several years, it could have a significant lasting impact.According to the US Census, the cohort of those earning $75,000 to $99,999 constitutes an estimated 12.1% of the population. The next higher bracket of those earning $100,000 to $149,000 constitutes another 11.4% of the population, for a total of 23.5% of all households captured in these two groups. My guess is that a lot of the aspirational consumers, investors, and real estate owners are ensconced in these two groups. That's a substantial part of the population that has been hit by imploding markets and collapsing availability of debt.This chart from Business Week just confirms what many of us have suspected for a while. Now completely tapped out, the American consumer has had to start saving. My bet is that the latest uptick is the start of a new uptrend that will continue for quite a while. Why? There's no one left to float our current bills and future obligations any longer.I know this is a lot of speculation on my part, but "cheap chic" may be here to stay for a while. In the future I'll be reporting once in a while about how durable the trading down, de leveraging and otherwise lowering of expectations trends appear to be.Now I would aver that to be in New York City, you might make $200,000 per year and still be an aspirational consumer, if you live in a free market apartment or areplan to be a real estate owner. Couple that with the decimation on Wall Street and loss of aspirational foreign new rich we could be looking at a serious reduction in buyers for "luxury" apartments. Those multi media rooms, health spas and private roof decks may seem a whole lot less necessary in the current environment.How what's in your handbag may just save your lifeHeart disease and women we've come a long way but