Qualcomm Won’t Revive NXP Deal, After White House Flags China Concession

Qualcomm ruled out a revival of its erstwhile takeover deal for NXP Semiconductors, a day after the White House said China would reconsider the merger as part of the truce in their broad trade battle.


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Honey Punch Tests Concession Model With Topshop

Los Angeles brand Honey Punch quietly began testing concessions in Topshop as the women’s wholesaler begins thinking about dabbling in direct.
The Honey Punch line is currently sold in about 2,000 retailers, including Urban Outfitters, Asos and PacSun. It built its business thus far via the trade show circuit, has a showroom in New York and does wholesale e-commerce. However, the brand’s been gaining more traction among consumers since its founding in 2000, owner and chief executive Katherine Kim pointed out. That’s giving the company confidence now to test directly at retail through concessions in Topshop. The first launched at the retailer’s Oxford Circus store in London with a second rolling out on the second floor of the Topshop at the Grove in Los Angeles Thursday.
“Through this Topshop concession, I think we’ve already got good consumer feedback,” Kim said. “So [launching retail] will probably be in the realm of 2018 once we have our logistics and infrastructure ready. I think we will start with e-commerce but I want to have a pop-up somewhere.”
Although it’s still early days, Kim is leaning towards having that pop-up be somewhere in London, following in the same pattern as the Topshop concession rollout. Additional Honey Punch

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Fine Jewelry Brand Ara Vartanian Opens Harvey Nichols London Concession

SPARKLE PLENTY: Shortly after the opening of his first European store in London’s Mayfair, the Brazilian fine jeweler Ara Vartanian is partnering with Harvey Nichols to open a concession at the retailer’s new jewelry space.
A miniature version of the Mayfair boutique, the 110 square feet shop-in-shop concept features signature architectural elements, such as wooden panels and concrete-backed displays that evoke the intimate luxury for which Vartanian’s eponymous label is known.
The concession will stock a selection of jewelry, including a new line to launch for the holiday period, with prices ranging from 500 pounds, or $ 620, for entry-level pieces to 30,000 pounds, or $ 37,000, for one-of-a-kind items. Vartanian is known for sourcing rare stones that are often challenging to set, from iridescent opals to large tourmalines and rubellites. His rock ‘n’ roll two- and three-finger rings allow him to set these bigger stones without creating pieces that are too heavy.
“I’m still understanding the customer, so we are going to have a combination of all flavors in the Harvey Nichols space. I want to have an accessible price point, because being a new brand, I don’t want people to feel intimidated by my one-of-a-kind pieces with the crazy stones and crazy prices,”

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