Is it Easier to Sell Jeans or Start a Bank?

“Goldman Sachs hadn’t been moving fast since receiving approval to become a bank holding company, but now the pace is starting to pick up since the bank got a New York state bank charter last week. It’s now expected to name Gerald Corrigan, a former president of the Federal Reserve Bank of New York, as chairman of its banking subsidiary, Goldman Sachs Bank USA.”–The Deal

“Starting a bank costs less than most people think and can be operated as a bank and/or hedge fund. A simple one person “turn-key” operation.”–PRinsider


ROCK & REPUBLIC – Women – DENIM – Jeans on YOOX.COM

From

Business Opportunities,

Selling $300 Jeans In A Down Economy

“Five years ago, fashion designer/Rock Republic Cult Leader, Michael Ball, “got financial backing, suppliers, and manufacturers together and began selling his high-end jeans for $300 from specialty stores within the city. A cult following soon developed.

Denim is an $11 billion industry in the U.S. and has been growing at around a 5 percent to 7 percent clip in recent years. Premium labels such as Rock & Republic now account for a 7 percent chunk of the total market.“Consumers will pay $300 for the right pair of jeans, they see it as an investment.”–Marshal Cohen, NPD chief industry analyst. “

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