INSUBCONTINENT EXCLUSIVE:
Fountain.com), so this sounds like a pretty big change
the manufacturers and make the real profit by marking up prices
Instead, it operates more like a marketplace, connecting consumers and manufacturers.This also means the manufacturers are assuming more of
the risk around the initial cost of creating the products, but Cai said that in return, they get much more of the upside
handbags and leather goods from factories that work with Prada, Christian Louboutin and Givenchy; eyewear from a factory that works with
EssilorLuxottica; bedding factories that work with Ritz Carlton and Four Seasons; and leather jackets from the same factory as J Brand.Cai
$300, the prescription eyewear will cost less than $100, leather jackets will be around $425 and bedding will be priced between $80 and $120
many of the new direct-to-consumer brands that have emerged online (such as Warby Parker and Casper).When I wondered whether the marketplace
operate on a membership model, which Cai said will allow the company to control demand, since quantities are limited
It also allows the company to solicit product feedback from members, and there could be other benefits like shipping discounts
Members who sign up initially will get a year for free, but it will eventually cost $120 annually.
