As the nation sank into recession in 2008, business continued to hum at Cherie Boutique Francaise, a Wayzata perfume and beauty products emporium that evokes the aura of a European boutique with its crystal chandelier and antique showcases.
Mind you, the hum was considerably less vibrant than it had been: Sales rose just 3 percent last year, to $792,000, after growing at an annual rate of 28 percent in the four previous years since its 2003 opening.
But that's not bad, considering that consumer spending last year took the steepest plunge in 28 years -- and the fact that Cherie Boutique's wares do not exactly fall into the bargain-basement category.
What they do fall into is the luxury classification, including an inventory of fragrances, body lotions, soaps and makeup, the majority of which are imported from Europe.
Let me define luxury: The store's bestselling soap, made by Fragonard in southern France, goes for $15 -- for one bar. A 1.7-ounce vial of Bond scent costs $125 and a tube of Fresh lip balm sells for $22.50.
Then there's the 1-ounce tube of Caudalie Paris face cream, another bestseller, that fetches $68, and the designer sunglasses that go for up to $150.
The store has succeeded because "women love beautiful things," said proprietor Diane Wissink, who owns Cherie Boutique with daughters Sally Clayburn and Jennifer Carpenter. Thus, even in tough economic times, "they might splurge on just one item," Wissink said, although she noted that there still are customers who'll spend $500 or more in one visit.
But "luxury" is not defined solely by price, she argued: "Luxury also includes the quality of the product and what it adds to the quality of life," she said. Thus, her soaps contain vegetable oil rather than mineral oil that can dry the skin, and it's triple-milled to press out the air and make the bars longer-lasting.