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November 28, 2009
Diesel expanding throughout US
Diesel jeans is expanding it’s spring collection. Starting next year, the line will be available in about 50 Macy’s stores. For the first time the premium denim and streetwear company will exhibit at the international trade show Bread & Butter in Berlin in January and also show a runway collection of the brand’s fall men’s and women’s styles.
“This is our first creative project applied to multibrand distribution,” Renzo said of the shop-in-shop concept. It will be “warm, understated and rock” — resembling a stage.
Rosso said investments made in 2009, such as the opening of Diesel’s 20,000-square-foot flagship on New York’s Fifth Avenue, doubling the brand’s space in Miami and the relocation of stores in San Francisco and Washington, D.C., will help support growth next year. Sales in the U.S. totaled 200 million euros, or $298.3 million at current exchange, in 2009 and accounted for about 15 percent of the brand’s total revenues.
The brand’s denim sales were down in the single digits this year, but Diesel has emphasized expanding its offerings in lower price ranges, with some jeans selling for $110.
Renzo Rosso explains the brand’s partnership with Macy’s, stating “They presented us with a premium floor project, where we will be on display alongside brands in line with our positioning, from Armani Jeans and True Religion to Hugo Boss and Seven, and we decided this was a good business opportunity that would fit us.” However, Diesel will select pieces from the brand’s collection for Macy’s and that it is not designing a specific line for the store. Retail prices will be $150 and up.
Article and image from WWD.com
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August 14, 2009
Stewardesses wear Chi-pao as uniforms
A stewardess from Chinese Sichuan Airlines tries her Chi-pao on at a tailor’s in Chengdu, southwest China’s Sichuan province, August 12, 2009. Stewardesses of some air routes of Sichuan Airlines will wear Chi-pao as their uniforms. The Chi-pao, a traditional Chinese skirt for ladies, is designed slit up to the thigh on each side.
China Unicom agrees to purchase 5 million iPhones
It is reported that China Unicom has injected 10 billion yuan ($1.46 billion) into the purchase of 5 millon WCDMA standard iPhones with unit price of 2,000 yuan ($293).
The first batch of iPhone will appear in China Unicom 3G stalls at Carrefour and some large retail outlets run by China Unicom in September, said Zhou Youmeng, vice general manager of China Unicom.
“The price of the 8G standard iPhone is set at about 2,400 yuan and the 16G may be sold at 4,800 yuan,” said Yu Zaonan, general manager of the customer development department of China Unicom in Guangzhou.
iPhones retailer in China said it was “unbelievable” that Apple changed its original profit model and gave up dividends. China Unicom picked up a good deal as Apple is striving to enter the massive Chinese market.However,apple can still make profits from each unit from 1,000 yuan and 1,100 yuan.
China Unicom to Purchase 5 Mln iPhones
At the signing ceremony for China Unicom’s (NYSE: CHU; 0762.HK; 600050.SH) agreement with Carrefour to establish 3G service halls in the retail chain’s Guangdong stores, reporters caught sight of the soon-to-be-released Unicom model of iPhone. Guangdong Unicom’s customer development manager, Yu Zaonan, revealed that Unicom has reached a final settlement for a one-time purchase of 5 mln WCDMA-enabled iPhones from Apple at a price of RMB 2,000 per handset, and that “RMB 10 bln for the purchase has already landed in Apple’s pockets.” Yu said that the Unicom edition of the iPhone will not retail for much higher than Unicom’s purchase price, with “8G models retailing for around RMB 2,400, and 16G models at around RMB 4,800,” and that he did not deem it unlikely that “once the iPhone hits the market, Unicom headquarters will push bundled service packages such as free handsets with purchase of calling credit.”
Contract manufacturing sources revealed that a bare iPhone costs between RMB 1,000 – 1,100 to produce. Guangdong Unicom deputy general manager Zhou Youmeng said the first batch of Unicom iPhones would make a leading appearance in September at Unicom’s Carrefour 3G service halls and select top independent service halls. A source inside Guangdong Unicom who wished to remain anonymous revealed that Unicom would not share iPhone profits with Apple. Customer development manager Yu said that a batch of Unicom iPhone trial models were already being distributed among Guangdong Unicom’s employees for training in use of the new model’s operating system, and that based on Guangdong Unicom’s internal test use, they had not yet discovered any glaring network or technical faults in the handset.
A Unicom spokesperson said that he had not yet received confirmation of a final agreement between Unicom and Apple, and could not comment on the rumor.
Keywords: Yu Zaonan, supply contract, Zhou Youmeng, Guangdong Unicom, China Unicom, iPhone, retail, wireless, Carrefour, Apple, 0762.HK, 600050.SH, CHU, bundling, pricing, handset, smartphone