Word: casualization
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...people who cannot tell the difference. That leaves a few corporations and people who play complex video games as the only discriminating buyers of PCs with ultra-powerful processors. Just three or four years ago, the difference between one generation of semiconductor and another meant something to the casual PC user. The chips are too good now. Almost no one cares that a new Intel product can make 1 billion computations a second. Almost no one even knows what that means...
...Netanyahu's trip, the Israeli public will brace for a tougher approach from Washington. A Haaretz cartoonist showed Obama escorting Netanyahu across the White House lawn and telling him, "You can take the subway to your hotel. Next time you're around, give me a call." This sort of casual send-off isn't what Israeli leaders are accustomed to when visiting the White House...
...This is the new Harajuku. The once superstylish district is rapidly transforming into an outdoor mall of the titans of casual clothing - H&M, Uniqlo, Topshop, Gap, Zara and now Forever 21 - all competing for wardrobe space within a few hundred meters of one another. Expensive Japanese boutique stores are receding to the backstreets. Retail analysts say that Japanese consumers are continuing to spend in the recession, but have gone considerably down-market to less costly items. As a result, fast fashion "is a hot issue in Japan's fashion industry, especially after the entry of H&M," says Dairo...
...enough of a dizzying array to make any young woman swoon. It wasn't the first time the giants of cheap chic had stormed Tokyo. Last November about 2,500 shoppers jammed the very same sidewalk for the opening of Swedish H&M, the world's third largest casual-clothing retailer, located next door. And that was just one month after the launch of British retailer Topshop a few stores down. (Read "Japan's New Groove...
...though branded luxury may be out, style is still in, and sales at inexpensive fast-fashion and casual-clothing stores have picked up. That's the kind of market that Forever 21 expects will help it reach $2.4 billion in global sales this year, up 40% over 2008's figure. The company thinks that its retail offering, where $100 buys an outfit, a bag, shoes and accessories, fits the Japanese mood right...