Word: surpassing
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...colorful Egyptian cotton and Mongolian cashmere--to three high-volume New Jersey malls, to add to Uniqlo's roughly 700 stores in Asia and Britain. Yanai talks big, but expansion failures in the London area in 2003 cut revenue 25% and the stock 80%. Uniqlo expects 2005 sales to surpass $3.5 billion, up slightly from 2004. To compete with Gap (3,000 stores; $16.3 billion in sales), Uniqlo needs to focus on differentiating itself, says A.G. Edwards & Sons analyst Bob Buchannan. In Japan, Uniqlo makes $80 million online, but Uniqlo USA CEO Nobuo Domae says it will stick to bricks...
...fewer than 32 countries. In fact, in the first quarter of 2005, the number of registered eBay users abroad exceeded that at home. According to John Yunker, president of Byte Level Research, "by 2006, and perhaps even by the last quarter of this year, non-U.S. revenue will surpass U.S. revenue." That's because eBay's revenue growth is slowing in the U.S. as the market matures (last year domestic revenues grew 34% to $1.89 billion) and because its international growth has been extraordinary. eBay's gross-merchandise volume (GMV)?the total dollar value of the deals done...
...more. But the e-commerce business is just starting to get traction - only 4-5 million of those 100 million internet users currently shop on the net, although that number also is expected to explode over the next decade. Yahoo's Yang told TIME he expects China eventually to surpass Japan's $6 billion market...
...resent experiment with corn-bread sticks: "Well, they're just delicious. I also did abalone burgers, and I use soy sauce now, which I never used to. Also Chinese black beans, Tabasco sauce and an occasional chili pepper. It has freed me." As American chefs begin to surpass French counterparts as status symbols, many restaurateurs snap up baby-faced graduates such professional cooking schools as the Culinary Institute of America (C.I.A.) Hyde Park, N.Y., Johnson & Wales Providence and the California Culinary Academy in San Francisco. Several of the professional cooking schools have waiting lists for entry and report three...
...look back over history, we will see that it was only from the 1950s until the end of the 1970s that we enjoyed continuous expansion. The rest of our history has been difficult and has always required enormous efforts by the Mexican people. We have been able to surpass these problems and change Mexico into an important country on a world scale. If we have been able to achieve this when we faced even more serious problems than the ones we face now, I am certain that we will be able to do the same in the future...