Word: retailing
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...just in cars. From microwaves to T shirts to sheet steel, China is building up excess capacity at a breakneck pace. The country's economy grew 9.1% last year and attracted $53 billion in foreign investment, second only to the U.S. economy. The emerging middle class pushed retail sales up 9% in 2003, but industrial output shot up 17%. Economists warn of a crash waiting to happen: if too many factories make too many goods chasing too few buyers, the results are likely to be deflation, widespread business failures, layoffs, loan defaults and shaky banks. And with many other Asian...
...They are so popular through so many other outlets that everything dovetails," says retail analyst Heather Brilliant at Morningstar. "And while Wal-Mart could be considered lower quality, the Olsen twins have established a brand separation that allows them to avoid the Wal-Mart impact." Within six months, stores in Japan, Germany, Israel and probably Korea will carry their lines. In the U.S., the teen lines are expanding with more sophisticated styling. Freestanding mary-kateandashley stores are being considered for Los Angeles and New York City, where the girls will be attending New York University. "Our goal is to keep...
...opened 65 U.S. stores, and according to analysts, is planning to open an additional 35 by 2005. In each market, the stores offer both basic and fashion-forward lines for women, men, teens and children. In every European market it has entered, H&M has put pressure on local retailers, says Francoise Sackrider, a retail specialist at the Institut Francais de la Mode, in Paris. "The high level of goods and the sophisticated environment at these stores wiped out any complexes shoppers had about less expensive stores...
...southwestern U.S., so there's no shortage of raw material. But unlike anthrax, ricin is tough to aerosolize and inhale; the easiest way to deliver a fatal dose is injection or ingestion, and you need a lot for the latter. Ricin is powerful, but it's a retail, not a wholesale, poison...
...comes to men's suits, says influential New York City tailor Thom Browne, the skinny leg is in. Designers like Dolce & Gabbana and Ralph Lauren are waving so long to the slouchy oversize look, showing pencil-thin suits straight out of a 1960s Sears catalog. Even at mass-market retail stores like H&M and the Gap, the new style for spring is narrow jeans cropped at the ankle. The move toward the straight and narrow was launched in large part by Browne, 38, who favors what he calls the Congressman suit--the lean look favored by J.F.K. when...