Word: retailing
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Since it may be another decade before such medical applications of diamond become a reality, for now Apollo is using the same CVD process to produce gem-quality stones for the retail market. Just last year the company started selling rough-cut gems to a Boston jewelry retailer. It may prove to be a smart strategy until the industrial market matures; thanks to booming economies in China and India, retail sales of diamond jewelry have been surging for a decade. Analysts expect up to 20% annual growth in the diamond market in China alone. With current mine capacities, that translates...
...When the retail world's bright lights gathered Jan. 15 at investment bank Financo's annual dinner in New York City (a can't -miss annual event for the apparel crowd), the gossips, according to Fortune.com, had one juicy no-show to chatter about: Where was Gap CEO Paul Pressler? Fashion insiders had been numbering Pressler's days for months. And sure enough, after nearly two years of limping sales and yet another holiday season in which the Gap's big idea (more hoodies?) drew yawns from shoppers, Pressler agreed a few days later to step down...
...holiday spots?) Pressler launched two entirely new brands-- Forth & Towne, a midpriced line aimed at baby boomers, and Piperlime, an online shoe store--instead of working to make the Gap, Old Navy and Banana Republic relevant again. Rather than trying to be everything to everyone again, says David Bassuk, retail consultant at Kurt Salmon Associates, Gap ought to focus its brands on a narrower group--shoppers in their...
...related sales jumped an impressive 18%, from $513.3 million to $605.2 million in the same period, according to the Leisure Trends Group. "We see all this happening because of women's spending power," says Julia Day, an analyst with the firm. "It's not some blip on the retail radar screen. It's a complete mind shift...
...resource-hog. There are two versions targeted at home users : Basic ($199, which is about what OS X costs) and Premium ($239). (Note that Basic doesn't give you that nice pretty translucent look, which is Vista's most immediately appealing feature.) Most people won't buy Vista at retail, but you'll feel the burn somewhere in there whenever you buy your next computer. For the Premium edition Microsoft recommends a 1Ghz processor and 1GB of RAM, as well as a respectable graphics setup, but I think you'll need quite a bit more power to get the full...