Word: homegrown
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...heading to the body-care shops that have sprung up everywhere to buy tropical-scented gels and pricey hair-care products. Sports clubs are opening up and yoga classes are all the rage. Koreans are eating out more and going to the movies. And not just Hollywood blockbusters?homegrown films now account for 46% of the market in Seoul, up from 25% in 1998. After the show, citizens sip cappuccinos in Seoul's new crop of serious coffee shops. Foreign franchises like Starbucks and dozens of local outlets are competing for a market that barely existed two years ago. "People...
...marchers down Oxford Street, rev up the crowd of more than 500,000, honking horns, raising fists and baring breasts along the way. They are followed by drag queens in full regalia and troops of shirtless muscle men dancing to the rhythms of Madonna, Cher and Australia's homegrown diva, Kylie Minogue...
Profiting from Chinese basketball ought to be a slam dunk. The fans are there; attendance at Chinese Basketball Association games has been rising steadily and is on pace to break 600,000 this season. Valuable sponsors are eager to plaster their logos on team jerseys and arena signboards. Homegrown superstars are emerging, such as rangy prodigies Hu Weidong, a crowd-pleasing Jiangsu Dragons forward, and Yao Ming, a 2.23-m windmill who regulates the paint for the Shanghai Sharks. Showtime in the CBA has all the trappings of big-time hoops. It's becoming a credible entertainment replete with thunderjams...
...There's more than revenue growth at stake. There's national pride. Japan's prolonged recession threatens to relegate the country to second-class status among industrialized nations. By selling its i-mode and 3G know-how overseas, DoCoMo hopes to spread the mobile Internet?seeding the market for homegrown Japanese technology and boosting the country's status as an info-age innovator. "With DoCoMo and i-mode, you've got a global brand recognition and excitement over a new product that you haven't seen since the Sony Walkman," says Kirk Boodry, telecom analyst for Dresdner Kleinwort Wasserstein...
Hermann Maier to snatch gold. At Lillehammer in 1994, America's Tommy Moe grabbed gold over Norway's homegrown favorite, Kjetil Andre Aamodt. So it went at Snowbasin for Austria's season-dominating Stephan Eberharter. Almost predictably, he missed the gold...