Word: high-end
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...high-end women’s clothing boutique, is closing its doors permanently after nearly nine years in Harvard Square. Owner Marie Santa Maria, who along with her husband Hernando also owns and operates the boutique Via Vai across the street, said that rising rent and a mismatch between the store’s offerings and Harvard Square clientele precipitated the closure. “We’re going to be reinventing ourselves somewhere else,” she said. While Santa Maria declined to disclose the exact location of the new store she and her husband plan...
...Some high-end foreign boutiques like Stella McCartney and Alexander McQueen, which opened in Moscow just a year ago, have also closed their doors. Italian jeans retailer Diesel recently shut all its shops in Russia. Still, if Russia's fashion industry has one thing to put its faith in, it is the Russian consumer's penchant for flair. "It's in the Russian character to be flashy. They'd never go for a simple style. They'd never spend lots of money to look like a street sweeper," says Ageyeva. "That will never change...
...couple of month ago, India's chief finance minister may have made calls to the heads of IBM and several other large U.S. tech companies to tell them that the huge developing nation was hemorrhaging high-end tech jobs. Whether the call happened or not, looking at statistics from India it would be easy to see that the costs of outsourcing technology work to firms based there is dropping as unemployment in the country rises...
...years to break even" and recoup the company's development costs, she says. There's more profit to be made from fully equipped Nanos with air-conditioning, power windows and upholstered seats, which cost about $3,300. "How they're really going to make money is by selling the high-end version," says Tilak Swarup, general manager of SupplierBusiness India, whose team of analysts tracks suppliers to the global auto industry. But the company has not yet decided how many high-end versions to produce...
...blending is actually already sanctioned by the Paris-based International Organization of Vine and Wine and - curiously - is an accepted practice in France among a few high-end winemakers: a splash of red wine is the key to making pink champagne...