Word: consumerized
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Australians rally readily to green causes; in a 2006 survey, 65% said they were "environmentalists at heart." But there are limits to how much they're willing to pay for virtue. Emissions-cutting measures that save money - like low-energy light bulbs and more efficient appliances - have been widely adopted...
What's the solution? Li & Fung is moving up the food chain, becoming a brand-managing powerhouse. This year it is on track to sell more than $200 million of licensed goods like Levi's Red Tab and Signature tops and Disney plush toys--a business many analysts expect to...
Feats like a $100 billion foreign-reserve cache have helped lower the country's risk premium, as measured by JPMorgan Bank, to 175, vs. 1445 when Lula took office. The manufacturing sector, including world-class regional jetmaker Embraer, now represents a quarter of GDP, and Brazilians feel more consumer confidence...
Despite the idyllic surroundings, Happy Valley nearly closed four years ago. It faces the same challenges confronting the rest of the Indian tea industry--intense global competition, fickle consumer tastes and labor disputes that have occasionally turned violent. India produces more tea than any other country in the world except...
All this new investment is an attempt to correct years of neglect. For decades, India was the biggest producer, exporter and consumer of tea in the world. That changed in 1991 after the collapse of the Soviet Union, India's largest export market, where demand fell by two-thirds, to...