HK’s Retail sector, August 2015
Monthly rent of HK$ 7millions !! WOW !!! It’s good to be a landlord in HK !!
Tag Archives: 香港相機帶
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Start up failures
Our business partner in Macau has decided to cease its operation. We had called the Macau Shop as our second shop so as to show our support to him, but in reality the shop was completely independent to Annie Barton.
So where did it go wrong? Anything to everything that could possibly go wrong, did in fact go wrong !!
The incident serves as a rude awakening for us and put us into a new perspective. In addition to the regular business planning and what nots, we have learned a few more new things
Valuation of a firm !!
The question that mesmerizes us is, how do we valuate a company? by discounted Cash Flow? or use the PE ratio and multiplying it according to the industry norm ?? If done so, we would be paying the investor instead, and where is the logic in that? Goodwill valuation seems less damaging and its definition includes “pays more than the fair market value of the net assets” !! Getting more than a fair share is good, greed is very good, and we like the smell of the green !! We are beginning to sound like a desperate idiot 🙂
Killer Inventory
We don’t like inventory !! It’s fair to assume all companies do not like inventory, and all SME retailers are horrid with inventory. Yet the lack of inventory would also result in a loss of sale ! Oh it’s wonderful to be a business operator, we get to play the balancing act everyday !! 🙂
Online Shop
The internet is, in fact, a wild west ! And the defenders of our sanity are keeping us with wild guesses !! The reality for us, is therefore, the site is down !! And we don’t have a clue of what is going on !!
a new look
we have been seeing a lot of vintage looking straps,but just what exactly is a vintage strap?
Wear the strap extensively, making it smelly and dirty. Are you willing to sacrifice the watch to be smelly and dirty? with scratches and dents?
Panerai Vs. Ennebi, the Bronzo
When carrying the watch, the Panerai feels solid, while the Enebi is a bit shaky and loose in the bezel. The Italian flag behind the Enebi adds the military touch which we like a lot, we prefer this over the naked back of the Pam382.
Product Photos !!
Conventional wisdom says to stop down to f8 or more when shooting the product shots, in order to get that critical detail of the product ! Surely the consumers would want to see the product in greater and clearer detail, and we did exactly just that in our online shop !
Silly little Videos
We admit we like making silly short videos ! We like it because we really enjoy using our cameras 🙂
Teseo Tesei and the Panerai
Teseo Tesei was an Italian naval officer who had invented the human torpedo in the 40s. The torpedo known also as the S.L.C., the pig, and the maiale. It later became the icon of the Panerai watches, and only recently did Panerai release the PAM 785 set which includes the little Pig made of resin. Today’s Italian Commando Frogmen group is called, […]