Word: demanding
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Fired up by demand like that, Topshop is all set to go it alone. Days after the Barneys launch, Green announced plans to invest $100 million in Topshop's first three stand-alone stores in the U.S.--including a 70,000-sq.-ft. flagship in New York City--next spring. Topshop's U.S. adventure is the latest charge for growth among fast-fashion retailers, which specialize in constantly updated collections of cool clothing at prices so low the clothes are almost disposable. Over the past nine years, Topshop has carved an enviable niche atop this sector in Britain by appealing...
...endorses the efforts of Abkhazia and South Ossetia to break away from pro-NATO Georgia, as well as those of Moldova's breakaway region of Trans-Dniestria. Russia uses these separatist entities to turn up heat on Georgia and Moldova, and the separatist movements in all three demand Russian recognition, and subsequent incorporation into Russia. Hence, Moscow's headache: Should it go along with the Ahtisaari plan, it must insist that the same approach be applied to Russian allies, lest it loses face both with them and with its own increasingly nationalist population. But should Russia derail the Ahtisaari plan...
...favor of a skill-based program. At least two-thirds of the more than 30 million legal immigrants to the U.S. since 1965 have been allowed in because they were related to legal residents; Kyl wants a system that chooses high- and low-skilled workers according to economic demand and limits those who can come with them to spouses and minor children. In exchange for Bush's commitment to that reform, Kyl and his allies would break with many of their fellow Republicans and back de facto amnesty for the estimated 12 million illegal immigrants...
...passengers are frustrated, so are airlines, which are starting to lose money despite brisk demand. The problem: the country's superannuated airports have been overwhelmed. Since the government opened India's skies to greater competition four years ago, the number of air passengers has nearly doubled, from 48.8 million in the year ending March 31, 2004, to 95 million today. Meanwhile, nine private airlines have started up in recent years. Some, like Kingfisher Airlines, are full service, but most are low-cost carriers that have wooed millions of travelers away from India's sluggish train and bus networks--and into...
...carriers find themselves in a peculiar bind. Demand is high: the number of domestic travelers is forecast to grow at least 25% a year through 2010, according to the Sydney-based Centre for Asia Pacific Aviation (CAPA), an industry consultancy. Yet carriers such as low-cost upstarts Air Deccan, IndiGo, GoAir and SpiceJet have added so many flights--even though there's no place to land them--that profit-destroying fare wars have broken out. Air Deccan, for example, advertises a fare of just $6.60 plus taxes for a 45-min. flight from New Delhi to Jaipur. Add in higher...