Word: cybershops
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...department store” with a 40-person staff that processes 40,000 pieces of clothing through its system each day. Sorting, pressing, and steaming takes place right on the factory premises. The Garment District, Inc. also runs a consignment department in their building and a cybershop through their website, www.garmentdistrict.com. Besides selling vintage and used clothes, the Garment District has also expanded its business to selling books, CDs, records, jewelry, costumes, and a variety of other accessories. The Harvard Storytime Players buy many of their costumes and materials from the Garment District for their productions...
Second, remember that all online companies are not equal. Faux Internet companies--those that have just added com to their name to pump up the stock--are doomed to Home Shopping status within a year. They include Cybershop, Ktel and Marketguide. But the real Internet companies, like AOL and Yahoo, offer something different. They can sell ads for luxury cars and discount brokers that will reach well-off people, at work and at home, much more efficiently than either TV or off-line, dead-tree media. Wall Street understands that the best Net stocks are bargains, based on projected...
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