This week like every other just seemed to zoom along at the blink of an eye. It was perhaps a bit more of a jam packed week with not only trying to fit in the daily running’s of a business, managing people, designing a new collection, working on a brand re-design, preparing for an event but also running to forum’s, fashion shows, and parties put on by the master card luxury fashion week in Hong Kong.
Coming up to 2 years of running Kanchan Couture, while always trying to stay inspired it often feels like a up hill struggle and being human it is only natural that you question what your doing, how could you do it better or what is it that your doing wrong, how could you be making more money, having more clients..blah blah blah.
What a week it was …not just for me but the world of fashion with Esprit seeing profits fall 40 percent this quarter, Hermes profit below expectation and Christian Lacroix falling ….yet amidst this there is hope in Asia!!
Going to fashion week’s luxury forum helped me in remembering how much I truly love the world of fashion, from both angles - creative and business. The panel of speakers ranged from directors of luxury brands to renounced writers to retail real estate giants. Each speaker not only shared great insights into the industry and also a positive / passionate sprit on where and how Asia is developing as a market with its very interesting consumer group…starting a business in Asia was perhaps the correct choice.
The weeks ended with the wrap party thrown by Quintessentially and Taubman, and what a party it was, fashionably dressed people, a creative collaboration of Havianas and Pikpiking, blinking of camera flashes, champagne and great music.
Bring it on Asia!!!
www.kanchancouture.com
Showing posts with label Hermes Birkin. Show all posts
Showing posts with label Hermes Birkin. Show all posts
Sunday, August 30, 2009
Thursday, March 26, 2009
A financial conundrum…
Who ever said that a designer bag or dress was not an investment, boy were they wrong!! In today’s economy they seem to hold more value then currency. No one really knows (perhaps the FED…. Maybe they too lost track??) the “real” amount of money floating around and we definitely don’t have enough gold reserves to back up all the cash being printed....isn’t it the same with designer products, who know how many items are around and how many real limited edition pieces exist.
Many women strapped on cash are now selling their Birkin bags, Channel tweeds and their best furs to gather extra cash. Joan Lacey, a personal shopper to the Hollywood elite says “I can predict when a women is about to leave her husband by the purchases she makes”. They often buy the items on their husband’s credit card and then take them to stores such as Encore in New York, which is a consignment store that specializes in second hand designer items. Once the item is sold the return to the client is 40 to 50 percent of the cost of the sale. Not a bad deal at all…
Going through a divorce can be hard enough for a woman and to top it all off they now also have to find a way to deal with finances. I wonder why at schools there are no classes that teach us how to take care of our finances…sure algebra 101 is great but then when will that ever come of use in a real life situation?
It is inspiring to know that all situations no matter what it is can create new niche professions – as we have it the consignment personal shopper. This is someone who shops looking for items with high re-sale value.
In Hong Kong we have a store called Milan Station, they buy second hand designer bags with cash. Not only do they sell all the latest items but also they have build up a professional service team to provide VIP service for celebrities and the rich and famous.
Are we now living in a generation of castoff’s? or perhaps we could call it an “eco-effort” to re-use?
….a matter of perception as every happening in life!
C’est la vie
www.kanchancouture.com
Many women strapped on cash are now selling their Birkin bags, Channel tweeds and their best furs to gather extra cash. Joan Lacey, a personal shopper to the Hollywood elite says “I can predict when a women is about to leave her husband by the purchases she makes”. They often buy the items on their husband’s credit card and then take them to stores such as Encore in New York, which is a consignment store that specializes in second hand designer items. Once the item is sold the return to the client is 40 to 50 percent of the cost of the sale. Not a bad deal at all…
Going through a divorce can be hard enough for a woman and to top it all off they now also have to find a way to deal with finances. I wonder why at schools there are no classes that teach us how to take care of our finances…sure algebra 101 is great but then when will that ever come of use in a real life situation?
It is inspiring to know that all situations no matter what it is can create new niche professions – as we have it the consignment personal shopper. This is someone who shops looking for items with high re-sale value.
In Hong Kong we have a store called Milan Station, they buy second hand designer bags with cash. Not only do they sell all the latest items but also they have build up a professional service team to provide VIP service for celebrities and the rich and famous.
Are we now living in a generation of castoff’s? or perhaps we could call it an “eco-effort” to re-use?
….a matter of perception as every happening in life!
C’est la vie
www.kanchancouture.com
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