So my advice is not to rush into business model without first finding product market fit and then taking the time to lock down on a crisp, clear, and smart strategy for your business. From there business model will flow quite naturally and you will be on your way to success.
LVMH Counts On Sephora for Growth as Louis Vuitton Slows
Sephora has 27 percent of the beauty retail market in France, 12 percent in the U.S. and 15 percent in China, Sanford Bernstein says.
The measure of intelligence is the ability to change.”
― Albert Einstein
I’ve been all over the world and I’ve never seen a statue of a critic.”
― Leonard Bernstein
As I noted earlier this year, the only company we trust more than grocery stores to use our data is Amazon: 66 percent of people in a Plancast survey said they were comfortable with Amazon using their data to promote relevant products. For Google, 41 percent had the same level of trust. And then there’s Facebook, which scored below credit card providers, merchants and cell phone service providers. Just 33 percent of those surveyed said they were comfortable with Facebook using data for ad targeting. (via Facebook kills our ad network dreams, again | PandoDaily)
Swarovski Award for Women’s Wear Creatures of the Wind Christopher Peters, left, and Shane Gabier are so kooky, so intellectually precious, it’s hard to imagine they can lose in a year in which neither Joseph Altuzarra nor Prabal Gurung was nominated. Odds: 2-1
Exploring social media, fashion, industry news, new businesses, and whatever else I might find of interest.
