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...result is a product that could completely transform the way we run. "Nike Plus is not just another product aimed at improving the cushioning of the footwear," says Matt Powell, an analyst at SportScanInfo, an athletic-footwear research firm. "It gets at improving the experience for the runner, at building a community...
Nike Plus faces some stiff challenges. Sure, Nike is gaining market share in running, but consumer tastes are shifting away from that type of shoe. According to market-research firm NPD Group, fashion-themed sneakers overtook running shoes as the top-selling category in the athletic-footwear market in July 2007 for the first time. "The athletic-footwear market will see some tough sledding for the next couple of quarters," says John Shanley, an analyst at Susquehanna Financial Group...
Demand has never been greater. "The wealthy population is increasing faster than ever before," says Milton Pedrasa of the Luxury Institute, a ratings and research firm. "These people want vacations with unmatched personalized experiences that only a yacht charter can provide." Yacht companies are reporting a massive increase in rentals. "Our charter business has tripled over the past five years," says Jillian Montgomery, CEO of Camper & Nicholsons, which sells yachts and manages charters for boat owners. Among the hottest rentals are mega-yachts: those personal islands ranging in size from 150 ft. (45 m) to 500 ft. (150?...
...Fuyi, the project's chief. "We brought them into modernity." Over the next two years, the utility plans to spend $3 billion to do the same for 4.5 million of China's poorest people in 18 provinces - and that's just one of 30 promises the state-owned firm has made to its customers and business partners to improve society, including investment in eco-friendly energy projects. "There was both internal and global pressure to do this," says Li Weiyang, who oversees State Grid's social initiatives. "But this work has made us both more innovative and more profitable...
...Companies are also paying more attention to their reputations because they hope to expand globally. Mainland firms know they face fierce competition for deals not only from well-established Western counterparts but also from acquisitive Indian companies. According to a report issued in May by the law firm Norton Rose, buyouts by Chinese companies in Europe and North America rose to $6 billion last year. But corporate China's anything-goes reputation can be repellent to potential partners. "There will be times that Indian companies, based in a high-functioning democracy, will win a bid or get an investor...