Word: brandsness
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Founded by CEO Günther Fielmann in 1972, the publicly traded company can afford to be aggressive. While the total optical market in Germany grew 3.2% in 2008, Fielmann's sales jumped 7%, according to the Central Association of German Opticians. Total net profit soared 39% to $163 million...
8 Number of U.S. brands. GM also owns part of 5 brands overseas, including Opel and Vauxhall
4 Number of brands GM is trying to unload. It recently agreed to sell Hummer to a Chinese firm. It has potential buyers for Saturn and Saab, but Pontiac could be junked. GM's newly consolidated European arm, Opel, is being sold to Magna/Sber bank/GAZ, a Russo-Canadian partnership
By the late 19th century, two innovations had helped launch cigarette companies to national prominence. The first, a cigarette-making machine introduced in the 1880s, dramatically increased production; instead of producing some 40,000 hand-rolled cigarettes a day, a company with one of these machines could produce 4 million...
Yershov's sentiments - and those of nearly everyone else TIME spoke to in Pikalyovo - are playing out at checkout counters in shops all over town. "People are only buying the cheapest brands. It's like they don't believe the change will last," says Oksana Gavrilova, a staunch Putin supporter...