Category: ideas | 想法 | 생각 | 考える

Ideas were at the at the heart of why I started this blog. One of the first posts that I wrote there being a sweet spot in the complexity of products based on the ideas of Dan Greer. I wrote about the first online election fought by Howard Dean, which now looks like a precursor to the Obama and Trump presidential bids.

I articulated a belief I still have in the benefits of USB thumb drives as the Thumb Drive Gospel. The odd rant about IT, a reflection on the power of loose social networks, thoughts on internet freedom – an idea that that I have come back to touch on numerous times over the years as the online environment has changed.

Many of the ideas that I discussed came from books like Kim and Mauborgne’s Blue Ocean Strategy.

I was able to provide an insider perspective on Brad Garlinghouse’s infamous Peanut Butter-gate debacle. It says a lot about the lack of leadership that Garlinghouse didn’t get fired for what was a power play. Garlinghouse has gone on to become CEO of Ripple.

I built on initial thoughts by Stephen Davies on the intersection between online and public relations with a particular focus on definition to try and come up with unifying ideas.

Or why thought leadership is a less useful idea than demonstrating authority of a particular subject.

I touched on various retailing ideas including the massive expansion in private label products with grades of ‘premiumness’.

I’ve also spent a good deal of time thinking about the role of technology to separate us from the hoi polloi. But this was about active choice rather than an algorithmic filter bubble.

 

  • Have we reached peak streetwear?

    At the end of January I wrote a blog post about the landmark luxe streetwear collection by Louis Vuitton and Supreme.

    I delved into the history of streetwear and the deep connection it shared with luxury brands. This linkage came from counterfeit products, brand and design language appropriation.

    This all came from a place of individuality and self expression of the wearer.

    obey

    I reposted it from my blog on to LinkedIn. I got a comment from a friend of mine which percolated some of the ideas I’d been thinking about. The comment crystalised some of my fears as a long-time streetwear aficionado.

    This is from Andy Jephson who works as a director for consumer brand agency Exposure:

    The roots of street and lux that you point to seem to be all about individuality and self expression and for me this is what many modern collabs are missing. To me they seem to be about ostentatious showmanship. I love a collaboration that sees partners sharing their expertise and craft to create something original. The current obsession with creating hype however is creating a badging culture that produces products that could have been made in one of the knock-off factories that you mention. Some collabs that just produce new colourways and hybrid styles can be amazing, reflecting the interests of their audience. But far too many seem gratuitous and are completely unobtainable for the brand fans on one side of the collaborative partnership.

    The streetwear business is mad money

    From Stüssy in 1980, streetwear has grown into a multi-billion dollar global industry. Streetwear sales are worth more than 75 billion dollars per year.

    By comparison the UK government spent about 44.1 billion on defence in 2016. Streetwear sales are more than three times the estimated market value of Snap Inc. Snap Inc., is the owner of Snapchat.

    Rise of Streetwear

    It is still about one third the size of the luxury industry. Streetwear accounts for the majority of menswear stocked in luxury department stores. Harvey Nichols claimed that 63% of the their contemporary menswear was streetwear. Many luxury brands off-the-peg men’s items blur the boundary between luxe and streetwear.

    The industry has spawned some technology start-ups acting as niche secondary markets including:

    • Kixify
    • K’LEKT
    • THRONE
    • StockX
    • SneakerDon
    • GOAT

    Large parts of the streetwear industry has become lazy and mercenary. You can see this in:

    • The attention to detail and quality of product isn’t what it used to be. I have vintage Stüssy pieces that are very well-made. I can’t say the same of many newer streetwear brands
    • Colour-ways just for the sake of it. I think Nike’s Jordan brand is a key offender. Because it has continually expands numbers of derivative designs and combinations. New Balance* have lost much of their mojo. Especially when you look at the product their Super Team 33 in Maine came up with over the years. The fish, fanzine or the element packs were both strong creative offerings. By comparison recent collections felt weak
    • The trivial nature of some of the collaborations. This week Supreme sold branded Metro Cards for the New York subway
    • Streetwear brands that sold out to fast moving consumer products. This diluted their own brand values. While working in Hong Kong, I did a Neighborhood Coke Zero collaboration. The idea which had some tie-in to local cycling culture and nightscape. Aape – the second-brand of BAPE did a deal wrapping Pepsi cans in the iconic camouflage

    Hong Kong brand Chocoolate did three questionable collaborations over the past 18 months:

    • Vitaminwater
    • Nissin (instant noodles)
    • Dreyer’s (ice cream)

    By comparison, Stüssy has a reputation in the industry for careful business management. The idea was to never become too big, too fast. The Sinatra family kept up quality and selective distribution seeing off Mossimo, FUBU and Triple Five Soul. Yes, they’ve done collaborations, but they were canny compared to newer brands:

    “The business has grown in a crazy way the past couple of years,” says Sinatra. “We reluctantly did over $50 million last year.”

    Reluctant because, according to Sinatra, the company is currently trying to cut back and stay small. “It was probably one of our biggest years ever — and it was an accident.”

    Sinatra characterises Stüssy’s third act as having a “brand-first, revenue second” philosophy, in order to avoid becoming “this big monstrosity that doesn’t stand for anything.”

    The Evolution of Streetwear. The newfound reality of Streetwear and its luxury-like management academic study uncovered careful brand custodianship.

    It’s not clothing; it’s an asset class

    Part of the bubble feel within the streetwear industry is due to customer behaviour. For many people, street wear is no longer a wardrobe staple. Instead it becomes an alternative investment instrument. Supreme items and tier zero Nike releases are resold for profit like a day trader on the stock market.

    Many of the start-ups supported by the community play to this ‘day trader’ archetype. It is only a matter of time for the likes of Bonham’s and Sotherby’s get in on the act.

    A key problem with the market is that trainers aren’t like a Swiss watch or a classic car. They become unusable in less than a decade as the soles degrade and adhesive breaks down.

    There is the apocryphal story of a Wall Street stock broker getting out before the great stock market crash. The indicator to pull his money out was a taxi driver or a shoe shine boy giving stock tips.

    Streetwear is at a similar stage with school-age teenagers dealing must-have items as a business. What would a reset look like in the streetwear industry? What would be the knock-on effect for the luxury sector?

    More information
    USA Streetwear Market Research Report 2015 | WeConnectFashion
    Louis Vuitton, Supreme and the tangled relationship between streetwear and luxury brands | renaissance chambara
    New Balance Super Team 33 – Elements Collection | High Snobriety
    New Balance ST33 – The Fanzine Collection | High Snobriety
    1400 Super Team 33 (ST33) trio | New Balance blog – the infamous fish pack
    How Stüssy Became a $50 Million Global Streetwear Brand Without Selling Out | BoF (Business of Fashion)
    The Evolution of Streetwear. The newfound reality of Streetwear and its luxury-like management by de Macedo & Machado, Universidade Católica Portuguesa (2015) – PDF

    * in the interest of full disclosure, New Balance is a former client.

  • POSIX + more news

    POSIX compliant

    POSIX has become outdated by Atlidakis, Andrus, Geambasu, Mitropoulos & Nieh (Columbia University) – this seems arcane but will impact every part of information technology from mainframes and web infrastructure to Macs and smartphones (both iPhone and Android). POSIX is an IEEE approved standard. It was developed to maintain the comparability between different operating systems. POSIX defines APIs (application protocol interfaces) at system and user levels. It also includes command line shells and utility interfaces. This allows for software portability between different types of Unix and other operating systems. The Mac that this is written on runs an operating system (macOS) that is POSIX compliant and has been for a good number of years. So is my iPhone and iPad. So are banking mainframes and many of the computers that run the internet.

    Business

    General Motors Is in Talks to Sell Opel – WSJ – General Motors Co. has entered talks to sell its European business Opel to Peugeot as the U.S. auto giant seeks to shed money-losing operations abroad – I imagine that China and the US will be its main focus. Surprised Ford hasn’t taken a similar move

    The Mighty Middle Market – Edelman – the US’ mittelstadt

    Finance

    Banks Eyeing Dublin After Brexit Face Trader Shortage – Bloomberg – all this will change of course as things kick off

    Ideas

    Below Deck — The California Sunday Magazine – this kind of work was the prototype for the Ubers of this world

    Luxury

    Are luxury brands taking their eye off Gen X? | Luxury Daily – lets be honest about it, its a market that marketers haven’t bothered addressing due to the size compared to the book end generations

    Media

    Facebook’s autoplay videos will now play with the sound on – Recode – expect audio branding to make a resurgence

    Facebook agrees to independent metrics audit following pressure – AdNews – guess the pressure from FMCG businesses demanding proper data and trying to stamp out ad fraud is working

    Security

    ICSR Report – Media Jihad: The Islamic State’s Doctrine for Information Warfare / ICSR – how ISIS is looking to move from a real to a virtual organisation as it suffers real world defeats

    Into the gray zone – George Washington University – interesting white paper on hacking back. Not the smartest thing to do but interesting (PDF)

    Wireless

    Nokia 3, Nokia 5 and a “modern” Nokia 3310 will be unveiled at MWC 2017 – Gizchina.com – the modern Nokia 3310 probably the most anticipated phone launch since the iPhone

  • Unreasonable behaviour

    Much of my social channels are filled with outrage and discussion about what is perceived as unreasonable behaviour.

    Tea Party Express at the Minnesota capitol

    Causes of unreasonable behaviour

    On one hand we had filter bubbles that allowed audiences to stay isolated, apparently only seeing the content which broadly fitted their world view. For the metropolitan elite, its a steady diet of virtue signalling. For the right it is the Illuminati / New World Order view of an aloof elite.

    On the other hand we have voices that break through and are generally viewed as unreasonable behaviour, or abhorrent by those in my social sphere.  The archetype of the breakthrough voice personifying unreasonable behaviour would be Milo Yiannopoulos. Yiannopoulos is a complex character who has gone from post modern poet who borrowed from pop music and television without attribution, to technology journalist and a libertarian who has become a figurehead of the alt-right. Along the way his wardrobe has changed from a preppy sloan look to a supporting character from the original version of Miami Vice.

    Yiannopoulos is very adept at provoking a response from his opponents that rallies his supporters since they think it is evidence of the backlash from an omnipotent elite.

    Those on the right would point to figures like Kerry-Anne Mendoza, the editor in chief of The Canary – who has been accused of unreasonable behaviour in terms of sensationalist or irresponsible journalism.

    The underlying element is that everyone cannot agree on what the problem actually is. Silicon Valley is lining up to filter out the worst excesses of the right; partly because engineer political views and advertiser views are largely aligned.

    Generally engineers are degree educated so tend to be libertarian and socially liberal. They will support diversity and often work in multi-national teams. They are acutely aware of the power that their technology has which is why privacy tends to be most politicised amongst the tech-literate. Whilst large corporates would like to do what made the most commercial sense, there is a tension in Silicon Valley between this desire and the ability to hold on to engineers to do the work.

    At the other end of the spectrum right wingers are trying to crowd fund a lawsuit against Twitter for for discrimination against conservatives and violations of antitrust regulation. WeSearchr – the crowd-fund platform equate Twitter making a call is equated to discrimination in the American South during the 1960s.

    Ken White, attorney at Brown White & Osborn LLP and blogger on First Amendment issues, disagrees.

    “WeSearchr’s claims of censorship and discrimination are frivolous,” he told me in an email. “Twitter may be ‘censoring’ in a colloquial way, but it’s a private platform and not governed by the First Amendment. It’s free to kick people off for speech it doesn’t like unless doing so runs afoul of a particular federal or state statute, and WeSearchr hasn’t cited a plausible relevant one.”

    “Antitrust law is very complicated and it’s pointless to speculate about what WeSearchr thinks it means by citing it,” he said. “But antitrust law doesn’t say ‘it’s illegal to be a big company that dominates a field.’ Generally it restricts anti-competitive practices, and WeSearchr has never credibly identified any.”

    Secondly there is research done by Demos to suggest that those of use with more liberal values have a looser social bubble and are likely to be more aware of inflammatory commentary by those with more populist views.

    People with more polarized political affiliations tend to be more inward-facing than people with more moderate political affiliations. In short, the echo chamber effect is more pronounced the further a group is from the centre.

    Conversely, those who hold more extreme views will feel emboldened as part of an enclosed community of like mined people.

    What should be done?

    Demos suggests that the mainstream news as a point at which the different opinions are most likely to meet. However, the very subjective viewpoint of different mainstream news outlets imply that this isn’t likely to happen.

    The technology companies have made it clear that they will try and curb the worst excesses of the populist faction online. My sense is that it will fuel their sense of persecution  and provide a point to rally around.

    Should anything be done?

    More information
    Canary in the pit | Private Eye
    The Alt-Right Is Trying to Crowdfund Twitter’s Destruction | Motherboard
    Talking to ourselves | Demos

  • Pro Brexit town + more news

    Pro Brexit town 

    Welcome to the most pro Brexit town in Britain | FT – One thickset Lithuanian man asked why English people did not seem to like foreign workers. “They complain about us,” he said. “But why they not do the work?” – A lot of small towns dominated by food production, warehousing or agriculture became a pro Brexit town. The reason isn’t that hard, emigration disproportionately affects people at the bottom

    Business

    Apple’s record quarter by the numbers – Six Colors – the iPad’s bright spots are in China and India – its basically a media playback device

    China

    Why Donald Trump is declaring war on all fronts | Hong Kong Economic Journal Insights – Trump’s approach has quite a lot in common with Mao Zedong’s class-struggle philosophy. Nice analysis

    Design

    Fullstopnewparagraph — Freelance copywriter | London – really nicely designed site via our Matt

    Economics

    Europe after Brexit | Control Risks – basically the EU is better off without the UK

    No ‘new London’ in EU after Brexit – RTE – more likely to be geographically fragmented around specialisms such as insurance, fund management etc

    Gadgets

    3D TV is officially dead as Sony and LG stop making sets | FierceCable – “Purchase process research showed it’s not a top buying consideration, and anecdotal information indicated that actual usage was not high. We decided to drop 3D support for 2017 in order to focus our efforts on new capabilities such as HDR, which has much more universal appeal.”

    Ideas

    Nine Fears about The Future of Data & Technology – Edelman – interesting research with the University of Cambridge Psychometrics Centre

    Vanishing point: the rise of the invisible computer | The Guardian – there is also the question of usability as well

    Online

    Important Announcement Regarding Club Penguin on Desktop and Mobile Devices | Club Penguin – wow, it had been a stalwart of virtual purchases and child friendly social networks for a good number of years. I wonder what the new platform will look like

    Software

    Bosch, Cisco, Gemalto and More: Tech Giants Team Up For Blockchain-IoT – CoinDesk – Buzzword compliance, but what’s wrong with strong crypto without cloud intermediation?

    Wireless

    The once-mocked iPhone Plus has proven to be Apple’s best bet in years | Quartz – interesting that the article is viewing it from a very western-centric viewpoint. Big phones were in APAC for years before iPhone

    Communities Dominate Brands: Deloitte Counted 120 Million Used Smartphones Were Sold in 2016 (growth of 50% vs 2015) – Understanding the second-hand handset market

    Seven years after its launch, it’s still not entirely clear what an iPad is for | Quartz – I know that feeling well

  • Louis Vuitton, Supreme: streetwear & luxury brands

    The recent collaboration between New York’s Supreme and Louis Vuitton seems like a natural fit.  The reality is that luxury and streetwear have been dancing around each other for a good while.

    Snide started it all

    Snide was slang in the 1980s for fake or counterfeit. Hip Hop and the Caribbean-influenced Buffalo movement in the UK each used counterfeit and real luxury in their own way.

    Daniel Day, better known as Dapper Dan was a was a Harlem-based craftsman and business man who dressed a lot of New York based artists from the golden age of hip hop. Dan’s first hip hop client was LL Cool J back in 1985. Dan’s style was luxe, the finest silks and furs were standard issue – think Puff Daddy before Puff Daddy. They went for customised outfits with their branding on which Dan provided. As the scene took off Dan incorporated suit lining material (which replicated the likes of the Fendi, Bally  or MCM brands) and Gucci or Louis Vuitton branded vinyl to make one-off products.

    He customised trainers, clothing and even car interiors. Dan’s own Jeep Wrangler had an interior retrimmed in MCM branded vinyl.

    Much of the luxury branding Dan used was coming in from Korean factories which at that time supplied the fake trade. Now similar products would have come out of China. I took a trip to the South China City complex in 2010 where fabric suppliers would offer Louis Vuitton labels and Supreme tags side-by-side.  I can only imagine that the Korean suppliers of the 1980s  had similar markets in textile industry centres like Deagu. Outside of hip hop, Dan was the go-to tailor for all the hustlers in Harlem – so you can see how he could have got the hook-up into the counterfeit suppliers.

    At the time hip hop culture was not in a relationship with brands who where concerned about how it might affect them. LL Cool J was the first artist to get a deal with Le Coq Sportif. Run DMC got a long term deal with Adidas after their single ‘My Adidas’ became successful. But these were the exceptions to the rule.  So with Dan’s help they co-opted the brands to try and demonstrate success.

    Over in the UK, the Buffalo collective of stylists, artists and photographers including Ray Petri, Jamie Morgan, Barry Kamen (who modelled for Petri), Mark Lebon and Cameron McVey. Buffalo was known as an attitude, which threw contrasting styles together and filtered into fashion shoots and influenced the collections of major designers including Yohji Yamamoto, Jean Paul Gaultier and Comme des Garçons. Even if you didn’t know what Buffalo was, you would have recognised the aesthetic from the likes of i-D, Blitz, New Musical Express and Arena. 

    Buffalo mixed Armani jackets with Doctor Martens work boots, or a Puma bobble hat. Petri used music to sound track his process and this was pretty similar to the kind of stuff that influenced street wear pioneer Shawn Stussy over in California. Motown and hip-hop to dub reggae was the sound which explains the Feeling Irie t-shirts created by the white surfboard maker.

    If you thought Bros looked cool in their MA-1 bomber jackets and stone washed Levi’s 501 jeans – there was a direct stylistic line back to Buffalo – rehabilitating the items from their link to skinhead culture.

    Buffalo permeated into the street style of the decade; influencing the likes of Soul II Soul. Meanwhile over in Bristol The Wild Bunch were yet to morph into Massive Attack. Two members headed to London; producer Nelle Hooper and Miles Johnson (aka DJ Milo who went on to work in New York and Japan). A shoot was organised by i-D magazine and they turned up wearing their street clothes alongside DJ Dave Dorrell and model / stylist Barnsley. At the time, it was considered to be ‘very Buffalo’ in feel, but Dave Dorrell admitted in an interview that they had just came as they were. Dorrell wore his t-shirt as ‘advertising’ for it.

    buffalo

    The Hermes t-shirt and belt were snide, the Chanel Number 5 t-shirt sported by Dave Dorrell were being knocked out by a group of friends. Young people in London co-opted brands just like the hip-hop artists heading to Dapper Dan’s in Harlem.

    Homage

    From 1980, surfer Shawn Stussy had been growing an clothing empire of what we would now recognise as streetwear. Stussy had originally came up with the t-shirts as an adjunct and advertisement of his main business – selling surfboards. But the clothing hit emerging culture: skating, punk, hip-hop and took on a life of its own. It went global through Stussy’s ‘tribe’ of friends that he made along the way.

    Stussy is known for his eclectic influences and mixing media: old photographs alongside his own typography. In a way that was unheard of in brand circles at the time, Stussy manifested his brands in lots of different ways. The back to back SS logo inside a circle was a straight rip from Chanel; the repeating logo motif that appeared in other designs was a nod to MCM and Louis Vuitton.

    All of this went into the cultural melting pot of world cities like Tokyo, New York, London and Los Angeles. Stussy went on to do collaborations from a specially designed party t-shirt for i-D magazine’s birthday party to the cover art of Malcolm Maclaren records. Collaboration with mundane and high-end brands is baked into streetwear’s DNA.

    Coke Zero x Neighborhood limited edition cans

    (Neighborhood x Coke Zero was something I was involved with during my time in Hong Kong.)

    Japan with its engrained sense of quality and wabisabi took the Buffalo mix-and-match approach to the next level. Japan’s own streetwear labels like Visivim, Neighborhood, W-Taps, The Real McCoy and A Bathing Ape (BAPE) took streetwear product quality, exclusivity and price points into luxury brand territory. That didn’t stop BAPE from making a snide versions of various Rolex models under the ‘Bapex’ brand.

    Bapex

    Some two decades later Supreme came up in New York. The brand takes design appropriation and homage to a new level. Every piece Supreme seems to do is a reference to something else. The famous box logo rips from Barbara Kruger’s piece ‘I shop therefore I am’. From taking a snide swipe at consumerism to ending up in the belly of the beast took Supreme a relatively short time. This heritage of appropriation didn’t stop Supreme from using legal means against people it felt had appropriated its ‘look’.

    In an ironic twist of fate, Supreme was sued by Louis Vuitton in 2000 and yet the 2017 collaboration looks exceptionally similar to the offending items…

    The last time I shared this story the page was just at 2k followers. With the collaboration officially announced today- and the page having 40k more followers since then- I figure it’s time to re-share. The year was 2000, and a 6 year old Supreme took their hands at referencing a high fashion brand as they did early on (Burberry, Gucci,) this time with Louis Vuitton. Box Logo tees (and stickers), beanies, 5 panels, bucket hats, and skateboard decks all featured the Supreme Monogram logo (pictured right). Within two weeks, Vuitton sends in a cease and desist and apparently, ordered Supreme to burn the remaining available stock. Clearly, many of the products from 2000 are still in the resell market, circulating today. Now we arrive at today’s FW Louis Vuitton fashion show. As most everyone is aware by now, Supreme is in fact collaborating with the luxury brand for a July- into fall collection. I’ve seen quite a few pieces from the collaboration (20+, check @supreme__hustle @supreme_access and @supreme_leaks_news for more pics) and it’s panning out to be Supremes largest collaboration to date. It’s interesting to see the references of both brands within the collaboration- from old Dapper Dan bootleg Louis pieces, to authentic ones, to Supremes monogram box logo and skateboard desks (pictured left). 17 years later and @mrkimjones proves that time can mend all wounds (amongst other things). Excited to see what all will release alongside this legendary collaboration. #supremeforsale #supreme4sale

    A photo posted by Supreme (@supreme_copies) on

    The new customers

    North East Asia’s fast growing economies had been borne out of learning from developed market expertise, state directed focus on exports and ruthless weeding out of weaker businesses. Intellectual property was cast aside at various points. Korea, Hong Kong, Japan and China went from making knock-off products to displacing Europe and the US as the leading luxury markets.

    Asian luxury consumers, particularly those second generation rich in China were younger than the typical customer luxury brands cater too. These consumers bought product as they travelled taking in style influences as they went. First from nearby markets like Japan, Hong Kong and Singapore and then Korea. This drew from a melange of hip hop, streetwear, Buffalo styling and contemporary western designers like Vivienne Westwood – as well as the more matronly styles of the traditional European luxury houses.

    The luxury brands had to adapt. They brought in new designers who themselves were drawing from similar influences.  These designers also collaborated with sportswear brands like Alexander McQueen and Puma or Jeremy Scott and Raf Simons for Adidas.

    Luxury brands got seriously into new product categories making luxe versions of training shoes that could be charitably called a homage to the like of Nike’s Air Force 1.

    Bringing things full circle

    As the supreme_copies Instagram account notes the collaboration with Supreme and Louis Vuitton brings things full circle with the pieces having a nod to Dapper Dan’s custom work as well as Supreme’s own ‘homage’.  Luxury brand MCM (Michael Cromer München), which Dan borrowed from extensively in the 1980s was restructured in 1997 with shops and brand being sold separately. The brand was eventually acquired eight years later by the Korean Sungjoo Group. Korea now has its own fast developing luxury fashion and cosmetics brand industry. Textile city Deagu which was the likely source of Dapper Dan’s fabric is now a fashion and luxury business hub in its own right. The Korean entertainment industry is a trend setter throughout Asia. For instance, Hallyu drama My Love From A Star drove breakout sales for the Jimmy Choo ‘Abel’ shoe.

    The only question I still have is why did a move like Louis Vuitton’s collaboration with Supreme take so long? The luxury brands spend a lot on customer insight, they were using social listening far longer than they had been on social media. They know that a customer wearing their jacket could have a Visivim backpack slung over the shoulder and a pair of Adidas Stan Smiths on their feet. Customers mix-and-match Buffalo style for all but the most formal occasions. For streetwear brands, collaboration is in their DNA and they get an additional leg-up in the quality stakes. More luxury related posts here.

    More information

    Ray Petri
    How Buffalo shaped the landscape of 80s fashion – Dazed
    Dave Dorrell interview part one | Test Pressing
    Dapper Dan
    Barbara Kruger Responds to Supreme’s Lawsuit: ‘A Ridiculous Clusterf**k of Totally Uncool Jokers’ | Complex
    Volume and wealth make Chinese millennials a lucrative target market: GfK | Luxury Daily
    Just why are Louis Vuitton and other high-end retailers abandoning China? | South China Morning Post – although Chinese shoppers consumed 46 per cent of luxury goods around the world, their purchases in their home market accounted for only 10 per cent of global sales, falling from 11 per cent in 2012 and 13 per cent in 2013
    How a Jimmy Choo Shoe Became a Global Best Seller – WSJ