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Archive for November 6th, 2007
It looks like some results are in from the experiment that is/was Radiohead’s latest, self-released album ‘In Rainbows’. As you may or may not have heard, the band took a pretty radical backlash against the music industry by self-releasing their latest album. Not only that, they allowed the consumer to pick the price of the album. Here is what researchers have gleaned from a sample of a months worth of data:
- Between Oct. 1 and Oct. 29, about 1.2 million people visited the Web site the band set up for fans to download the album
- Some 62 percent of the people who downloaded “In Rainbows” in a four-week period last month opted not to pay the British alt-rockers a cent. But the remaining 38 percent voluntarily paid an average of $6.
- Among U.S. residents, about 40 percent who downloaded the album paid to do so. Their average payment was $8.05.
- Some 36 percent of the fans outside the U.S. who downloaded the album opted to pay; on average, those fans paid $4.64.
Well, whatever you make of the data, do you regard Radiohead’s move as something truely groundbreaking or just a publicity stunt? Personally, I dont think this business model would work for a less-established band with less enthusiastic fans. I have no idea what a high-power band like this is likely to make off of normal album sales (maybe $1-3…just guessing), but assuming that the bad was able to retain 100% of the self-selected purchase prices, perhaps they didnt come out too bad. I guess there is also one other thing that stands out, and that is that foreigners are cheap. Haha, just kidding, but you would think with the quickly weakening dollar, that all other things equal, the average price paid from purchases abroad would be more than domestic. But then again, maybe their fan base is much stronger here….but I digress.
If you want to read a little more, you can check out the article HERE.
We have uploaded all of the Pharmacy Industry Fall 2007 shipment that came in recently. Here are a few highlights:
Pharmacy Womens’ Stripe Button Crew ($110)
Pharmacy Women’s Hexagon Hoodie ($130)
Pharmacy Mens’s Square Hoodie ($130)
Click HERE to see more…
Just put up pictures of the newest arrival from Adidas. From the limited Materials of the World collection, the adidas ENgland jacket takes tailoring to a new level. Using fabric from British tailors, adidas has added some luxury tailoring to their classic track jacket. The details on this things are amazing from the coin pocket to the lining to the subtle color pops in the fabric. Take a look:
Available in sizes M-XL (fits small) and retails for $200
We found an interesting concept detailed over on We Are the Market tipping us off to a new retail concept that opened over the weekend. From their post:
A’s getting a dose of really cool pop up retail in Chinatown, in a new teeny weeny store called New High (M)art. The 300-square-foot storefront will offer a revolving door concept shop and will present a series of designer pop-up stores, guest buyer/curator mini-boutiques and thematic retail moments where the only thing permanent will be change. LA designer Brian Lichtenberg will be the firdst featured designer.
In addition to his industry-wide recognition as a pioneer of the unisex revolution, those closest to Lichtenberg revere him for his spontaneous one-off pieces and “where-does-he-find-these?” collection of sourced accoutrements, deadstock and other fashion “secret weapons” that anyone would die to own. New High (M)art gives the public the chance to do just that. Lichtenberg will round out his pop-up store with any and all objects d’fashion he can be persuaded to part with. Expect nothing short of amazing-ness.
Co-owners Miho Ikeda and T-RIK conceived of New High (M)art as a response to the stale business model that often plagues boutiques today. Their solution: create a small easy-to-manage environment that allows a single designer, brand or idea to be fully explored, realized and merchandised one fleeting store-op at a time.
“The value of today’s designer no longer simply resides in the lines they create season-to-season, but in every artifact of their personal taste” says T-RIK, whose background includes wardrobe styling, creative direction, and brand consulting. “This could be anything from a piece that didn’t make it in a collection, the music they listen to, a photograph they’ve taken or the results of a shopping trip to Marrakesh. New High (M)art looks forward to sharing this other side with the public as well.”
Some of you may have seen inadvertently seen one of Lichtenberg’s pieces that he did for Alex & Chloe featured at our shop when we opened.
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