Word: rivale
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...result: industry consolidation amid plenty. In March, the government approved a long-planned merger between state-owned carriers Air India and Indian Airlines; meanwhile, Jet Airways, the country's largest full-service carrier, is buying rival Air Sahara for $340 million. The mergers are "an attempt by players to basically get some kind of stability into the market," says Kapil Kaul, New Delhi-based CEO for India and the Middle East at CAPA. "There's been a massive induction of capacity over the past few years. What we're seeing now is sanity beginning to prevail...
...former Speaker of the House, writing about why Nancy Pelosi, the first woman Speaker, is a historic figure. Nelson Mandela, one of the greatest heroes of the 20th century, talks about why Oprah Winfrey is a hero to him. Chicago Bears coach Lovie Smith writes about his respect for rival coach Tony Dungy of the Indianapolis Colts, this year's Super Bowl winner. Martin Scorsese talks about why Leonardo DiCaprio is a model for young actors. In some cases, the author is far more famous than the subject, but in every case, the author has some special knowledge that helps...
Going upscale has worked well in Asia for H&M's main rival, Inditex's Zara, which opened its first store in Hong Kong in 2004. It carefully selects store locations in luxurious shopping centers, marketing itself as a rival to designers like Armani. Inditex's regional sales for its 59 Asian stores last year amounted to $1.1 billion, or 9% of the company's revenue, up from 7.5% in 2005. The Spanish company is often credited with inventing fast fashion, a business model that moves garments from the design table to stores quickly. Zara's clothing designers work closely...
...World Perfumery Congress in Cannes, France, to charm potential customers and herald their latest innovations. Gilles Andrier, CEO of Givaudan, the industry leader, will speak on "The Noses of Tomorrow." The latest robotic smell mixers will be on display. International Flavors and Fragrances (IFF), Givaudan's closest rival, will fly in most of its 96 top scent developers separately to the June congress; their noses are so precious that IFF prohibits more than two from ever traveling on the same plane. In addition to trading tips on new smell-rendering techniques and technologies, these wizards of whiff will toss around...
...attracts. Sarkozy might have come on stronger if he weren't up against a woman - and if he didn't already have a menacing image for many French voters. Surely that figured in his courteous response to a moderator's question of how each candidate saw his or her rival. "I respect her talent..., I respect what she did to get to where she is, and I bear no personal animosity toward her," said a smiling Sarkozy. Ségolène Royal offered no such platitudes. "This is a debate of ideas," she demurred, saying that...