What is a monopoly?
In economics, a monopoly (from Greek monos , alone or single + polein , to sell) exists when a specific individual or an enterprise has sufficient control over a particular product/service to determine the terms on which other individuals have access to it.[1] Monopolies are thus characterized by a lack of economic competition for the good/service that they provide and a lack of viable substitute goods. [definition via Wikipedia]
and in more layman’s terms:
A situation in which a single company owns all or nearly all of the market for a given type of product or service. [via InvestorWords.com]
In the court of MOJ – there are certain unregulated and unobjected (I make up words all the time people) monopolies that can coexist in a world of competition. These come in various shapes and forms; those being trends, brands, styles, etc.
Trend on trial today: lace.
Lace, available for over 500 years (and probably longer) has maintained its status as a trend and go to fabric/design. It lays itself to tantalizing seduction via lingerie and trimming on otherwise demure (or not so much) clothing, and extends its reach even further to accessories, and beyond.
The English origin of the word lace owes something to the French lassis or lacis, but both are connected with the earlier Latin laqueus. Early French laces were also called passements; the name applied to ornamental open work formed of threads of flax, cotton, silk, gold or silver, and occasionally of mohair or aloe fiber, looped or plaited or twisted together by hand: (1) with a needle, when the work is distinctively known as needlepoint lace ; (2) with bobbins, pins and a pillow or cushion, when the work is known as pillow lace ; and (3) by steam-driven machinery, when imitations of both needlepoint and pillow laces are produced. Lace making implies the production of ornament and fabric concurrently. Without a pattern or design the fabric of lace cannot be made. [via this site here]
lace types (left to right – types 1-3)
click on image to go to source & for more detailLace is a trend enjoyed yearlong. There is not a season that can accuse it as inappropriate. It is such a versatile fabric that it can be used to convey innocence or obscene naughtiness, and at all times remain delicate.
And though yours truly may possibly have more than enough of clothing, I can never say I have enough accessories or shoes. With that said. Here’s what got my heart lacing. (get it? …)
[left] Elizabeth & James lace/leather pump @Saks $350
[right] Heidi Lace shoes by Georgina Goodman a la Polyvore
What is your verdict on lace?
Sometimes Yaya 