Word: mckinseys
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...next few years. At the same time, foreign retail chains such as Wal-Mart and Carrefour are pressing to enter the market through joint ventures and by lobbying the government to change protectionist laws so they can set up wholly owned chains. The opportunities are immense. The McKinsey Global Institute, a think tank, estimates India's retail market will be worth $1.52 trillion by 2025, up from $370 billion in 2005. Though the relative importance of comestibles will shrink as people earn more disposable income, McKinsey estimates the food-and-beverage category will still account for 25% of all retail...
...potential of the Chinese market is so large that H&M's need to capture it is obvious. McKinsey estimates that by 2025 there will be 220 million upper-middle-class households in China's cities, defined as those making $5,000 to $12,500 a year, in contrast to 23 million households in 2005. Less clear for the company, says retail analyst Raphael Moreau of Euromonitor International, is "how much it will have to reinvent itself to make an impact...
...told FM “I like the one I’ve got.” Hottest thing Desai has done at Harvard? “Transferred back to the Quad from Eliot.” After graduation, Desai will move to New York to begin consulting at McKinsey and Company...
...advice, but business school was low on his list of priorities. In fact, Harvard was the only business school the Marine even looked at. “I owe him big time,” said Boaz, who graduated from HBS in 2006 and is now working for McKinsey & Company...
...there was going to stop us from collectively submitting 14,900 eRecruiting applications (so far) for summer internships alone. Just as we all applied to Harvard in spite of all the other “good” schools out there, we’re bound to apply to McKinsey & Co. and Goldman Sachs in spite of all the other “good” jobs out there...