Word: proportionately
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Residents of Sao Paolo do amazing things in their cars. They shave. They apply their makeup. They chat up the girl or guy in the neighboring car and make dates. They read. They learn foreign languages. They watch DVDs. Paulistas do all these things because they have no choice; the...
Most designers learn their craft in the ateliers of more seasoned masters, but shoe designer Christian Louboutin found his calling as a 17-year-old apprentice in the dressing rooms of Paris' famous cabaret the Folies Bergère. "I would watch the girls going up and down the stairs with...
To be fair to the legions of apparel manufacturers who have gone overseas, the economics of making a Brooks Brothers tie in the U.S. are far different from those of making, say, plain cotton underwear. About 70% of the cost of making a Brooks tie comes from materials (the company...
Then there are China's fragile banks, which could be hit by waves of defaulting loans as factories fold. Although Chinese banks during the current boom have been able to reduce their unusually high proportion of nonperforming loans carried on their books, declining corporate earnings will diminish borrowers' ability to...
The 2008-2009 budget represents a 2.36 percent increase over last year’s budget, with a large proportion of additional funds allocate to personnel-related costs.