January 2017 Archive
January 30, 2017
In its tireless struggle to innovate, fashion is turning to mass customization. This trend is both very new and very old.
After the iPhone leaves the Foxconn factory in Zhengzhou, it takes two days, on average, to get to a store in Shanghai, a 590-mile trip. It takes three days, on average, to get a store in San Francisco, some 6,300 miles away. Chinese customers can pay much higher prices, because of currency fluctuations and the country’s hefty value-added tax. A 32-gigabyte iPhone 7 sells for about $776 at the Apple Store in Shanghai. In New York, it goes for $649.