Call it Hurricane Louis. Over the course of the last 8 years designer handbags ceased to be the exclusive province of the wealthy: Tweens strutted up and down the aisles of American Eagle Outfitters (AEO) tightly clutching their very own Louis Vuitton handbags. Maybe they got them for Christmas. Or their birthdays. Maybe 10 people went in on the gift so that $1200 price tag is misleading. It's hardly the point. So what is the point? The American consumer the world's least disciplined took a good hard look at the increasingly conspicuous consumption of the well-to-do and decided they ...