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- 2013-9-16
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- 1970-1-1
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Thanks Ace.
Speaker:
There's little protection in intellectual property, only trademark protection.
no copyright protection --> can sample from the designs of competitors
side effects: people think it's fashion trend
virtues of copying: have lots of options, faster establishment of global fashion, induced obsolescence, acceleration of innovation
make designs hard to copy, self-copy to survive
Japan: have to prove your product is unique
There's a bunch of industries that don't have copyright protections (food, hairstyles, databases, tattoo, jokes, the rules of games, the smell of perfumes).
Fashion industry might be a good start to look for ownership models that would lead to the most innovation.
Speed:
Time2: 01:55:12 285
An overview about Lane Crawford.
Time3: 01:12:49 190
LC's shift from dept. store to specialty store offering exclusive brands and expansion including an e-commerce site.
Time4: 01:05:35 169
LC opened its flagship store in Shanghai.
Time5: 00:58:69 159
Chinese shoppers account for 25% of the worldwide luxury market.
LC's flagship store will sell 500 international brands.
Time6: 02:11:34 353
Introduces the features of designs of Min Liu who combines modernity with classicism.
Obstacle: 05:27:20 778
Chinese are top consumers in the luxury market, but 2013 is the third consecutive year of decline. The drop is partly due to the crackdown on corruption and gifting by Xi Jinping. High-end retailers will suffer.
Over 2/3 of luxury spending by mainland Chinese was overseas in 2013 as affluent Chinese often shop online globally and more Chinese are emigrating, making U.S. the world's fastest growing luxury market.
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