Word: demanding
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Resort wear is typically high-priced, and according to designer Michael Kors, the resort season represents the biggest sales opportunity for his signature line. In response to the demand for these clothes, Kors will, for the first time in 26 years, schedule trunk shows this fall to presell the collection to clients in his own stores. "The idea that people are only buying these clothes to go to the Caribbean or on a weekend in Palm Beach is a complete misnomer," says Robert Burke, a luxury fashion consultant at Robert Burke Associates. "For retailers, it's about having fresh product...
...they're not just shopping in the U.S., either. Many of the products designers offer--whether they be a floaty chiffon Dior cocktail dress or a printed Gucci skirt--are also in demand in new and expanding luxury markets, such as Dubai, India and parts of China. They're perfectly in keeping with another trend: global warming and the desire for lighter clothes. "From the Sun Belt to the global-warming issue, [resort wear] has evolved to reach a very broad audience," says Gucci CEO Mark Lee. "If you look at the items offered in the collection, there...
That was O.K. when most consumers just wanted to make a call. But today Americans are trying everything from video messaging and mobile blogging to photo sharing and customized ringtones. One ringtone alone, "Crazy Frog," has earned more than $70 million. Data demand increased about 68% last year, and it now constitutes 16% of the carriers' revenue. To guard that growing income stream, the carriers restrict the features available on your phone. They control the billing for add-ons, and most companies selling ringtones and games are so new that they need the carriers' help to gain a foothold...
...That kind of crazed demand for a hot accessory is nothing new, but this particular must-have accessory certainly is. The most coveted bag of the year is not a Birkin or even one of Hindmarch's own luxurious metallic bags, but a humble $15 canvas tote meant to lug groceries and embroidered with the phrase "I Am Not a Plastic Bag." And not surprisingly, the bag's sudden success and good intentions have generated a fair amount of backlash...
...elite design the taste - the demand for traditional, artisanal, relatively pricier food - and it eventually filters down to the rest," says food historian Professor Felipe-Fernandez Armesto, of the Whole Foods phenomenon. "I suspect sensory pleasures also compete...