What could be every woman’s worst nightmare? How about going to a cocktail party, private reception, or charity gala where you plan to network and impress and being one of two in the room wearing the exact same dress from probably the same mass retailer? This is not a far-fetched statement: Many women shun social gatherings important for them to attend because they don’t have anything suitable to wear. They can’t afford clothing with the exclusive, eye-catching flair befitting of the occasion, and they don’t have well-heeled, fashion conscious friends to borrow haute couture from.
In the past couple of years, mobiles have emerged as the single largest attraction of innovator’s, entrepreneurs and obviously, the consumers. The smart phone rush has already taken the world by a storm (Apple shipped 250,000 iPhones a day in 2011), and the end seems nowhere in sight. As the world is trying to fish out the smartest products and their corresponding business models, I list trends that are likely to form the basis of future companies or even industries.
Thanks to Cathy Tao for pointing out this trend
Profile of Chinese Luxury Shoppers Anyone who has visited Chengdu, a second-tier city in western China, cannot miss the ostentatious signs of Louis Vuitton and Cartier in its downtown. According to Chengdu Retail Industry Association, Chengdu is home to 80 percent of international luxury brands and ranked third behind Beijing and Shanghai in luxury sales. […]