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Eugene Kan
Editor-in-Chief Adam Studios Co-Founder
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Eugene Kan Jan 17
Replying to @ericzawo @petebeast
Yeah pretty much, minus the pop-up space. But I actually think that the pop-up space is perhaps an interesting piece of the puzzle where you essentially curate/sublet the space for those unwilling to commit.
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Eugene Kan Jan 17
Replying to @jeremyaleung
I actually think that soon we'll see not necessarily standalone cafes but rather cafe & some other cultural thing to do. (i.e. "experiential retail" lol)
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Eugene Kan Jan 17
Replying to @petebeast
Eventually, operational capabilities imo become the most important. We know physical vs. IRL are two different beasts. It'll be an interesting outcome to see who negotiates the best rent, finds best locations, structures the best deals, and can run the spaces the best.
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Eugene Kan Jan 17
Replying to @petebeast
I think at some point (let's just say HB/HS/Complex), everybody steps on everybody's toes and just works with roughly the same people. Which means that the creative is somewhat commoditized and no longer unique or necessarily dependent on exclusivity.
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Eugene Kan Jan 17
Replying to @petebeast
Furthermore, you're building out a handful of different revenue streams. 1. Retail 2. Landlord (rent the space) 3. F&B 4. ? semi-exotic stuff like membership to the space etc. Which leads me to my final point...
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Eugene Kan Jan 17
Replying to @petebeast
Furthermore, you're building out a handful of different revenue streams. 1. Retail 2. Landlord (rent the space) 3. F&B 4. ? semi-exotic stuff like membership to the space etc.
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Eugene Kan Jan 17
Replying to @petebeast
I'm sure certain circumstances will change from instance to instance, but it seems like it fits the current movements within culture of: 1. Focus on experiential 2. Changing retail landscape 3. Increased interest/cultural signals with good F&B
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Eugene Kan Jan 17
Replying to @petebeast
To maintain foot traffic and/or create it, F&B makes sense but also creates this all-encompassing lifestyle business. If done well, F&B can decouple from the space itself and do its own thing.
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Eugene Kan Jan 17
Replying to @petebeast
Pop-up space will naturally sell stuff. Ideally exclusives you can't buy online. No further explanation needed. They can't try it on in store and then buy it for cheaper from somewhere else.
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Eugene Kan Jan 17
Replying to @petebeast
The pop-up space will satisfy the need for brand marketing while minimizing commitment. This same pop-up mentality will satisfy experiential desires and likely create some cultural capital for attendees.
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Eugene Kan Jan 17
Replying to @petebeast
Online retail will continue to grow; shoppers reduce loyalty towards retailers. We'll wait till things go online before we commit to buying since there will be a bifurcation of selling. 1. Sells out near-instantly and is resold 2. Sits and goes on sale with a full-size run
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Eugene Kan Jan 17
cafe + retail + pop-up space In the end, it'll all cancel each other out for the most part and the winner comes down to operations.
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Eugene Kan Jan 17
The DTC market is so very strong right now that I'm surprised anybody would actually drop over USD 100 for a pair of gloves beyond a lack of education. Pointing out the obvious but of the 10x a keeper handles a ball, I imagine probably less than 1 are with the backhand haha.
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Eugene Kan retweeted
Donnel Garcia Jan 14
FUN SHOOT TODAY ! For Converse Chinese New Year collection w/ the kids at Mah Athletics in Chinatown! It’s always sweet to find ways to collaborate with people and businesses in the neighbourhood I work in.
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Eugene Kan retweeted
JASON ⚡️MAYDEN Jan 1
An elderly woman passed on our flight 5564 home from Ecuador this passed Monday. is a temporal state. A Thread
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Eugene Kan Dec 19
Replying to @tobyshorin
The pessimists believe in Human Existential Crisis. The optimists believe in the opportunity for Civilizational Longevity.
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Eugene Kan Dec 19
For every other player in the world this is a terrible cross.
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Eugene Kan retweeted
Russ Bengtson Dec 18
Shit was basically over when streetwear status seeking went from having to be in the know to just having to have a lot of money.
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Eugene Kan Dec 19
Replying to @NGXIII
Good point as to how you can’t kill something that has no textbook definition lol
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