Word: apparelled
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...attract them. At a large job market in downtown Shenzhen, hundreds of positions are posted on bulletin boards and rows of recruiters wait to collect applications, but the trail of employment seekers is frustratingly short. At one booth, recruiter Zhong Man says entry-level salaries at her Shenzhen-based apparel company have doubled in the past two years to $250 a month, but that hasn't alleviated a chronic staff shortage. "It's a little harder to find average workers these days, because the development of the interior is getting better," she says. The government has tried solving the problem...
Marvel soon replicated that model with hundreds of its heroes, now bringing in nearly $230 million annually from more than 500 licensing partners. Today the Marvel brand adorns everything from toys, games and apparel to hotels and theme parks. "Marvel has the best array of characters of any licensor in the business," says Brian Goldner, president of Hasbro's U.S. toy division, whose company in January guaranteed Marvel at least $205 million for its toy licenses over the next five years...
Those looking for an edgier alternative to the Gap—and some risque marketing—will have American Apparel to turn to when they return to the Square this fall. American Apparel, a clothing supplier known for its solid-colored T-shirts and advertisements featuring sparsely clad hipsters, will open a store on Brattle Street in early August. The store will be located in the space previously occupied by Harnett’s, a natural health and beauty products supplier. Miguel McKelvey, the architect and project manager for the new location, said that the company seeks out older...
...challenge. "Just like any sport, competition is great," Lauren told Time. "It forces us to reinvent our game." The volley of tennis-fashion hookups is part of a broader trend in which couture is taking its cues from the sports world. Designed to play - not just saunter - in, the apparel appeals to style lovers who don't want to compromise their look on the sports field. Streetwise designer Alexander McQueen teamed up with Puma earlier this year to launch a modish range of running shoes. French couturier Celine was "enticed by the world of golf" and designed its summer...
...onto the costs of doing business in India compared to China, estimates Deloitte Touche Tohmatsu. Much of India's clothing and textile industry, for example, remains a patchwork of smaller producers that can't match the scale of Chinese companies. A McKinsey study found that Indian apparel makers are half as productive as Chinese firms due to poor management and a lack of training and technology. McKinsey figures that a man's shirt costs about 23% more to produce in India than it does in China. At the same time, companies in India suffer a power outage almost every other...