Word: urban
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...that lack their long-term vision. Instead of putting a check on the mall-building glut, says Bakshi, India's state and local governments are all too happy to encourage it. "Governments sell land because they get great prices for it," he says. However, an administrator with the Haryana Urban Development Authority, which oversees the development of Gurgaon, denies that the government has been reckless in sanctioning new malls, asserting that "20 or 25 malls is not too much for Gurgaon...
...that India doesn't yet have the infrastructure needed to support all of its new malls. The daily exodus of shoppers from Delhi to Gurgaon's malls is already creating excruciating delays on the roads. But that's only the start of the trouble, says K.T. Ravindran, an urban-planning expert at Delhi's School of Planning and Architecture. Because the electricity supply is unreliable in Gurgaon, says Ravindran, malls will have to run their own diesel-powered generators, which will cause significant pollution. And because the water supply is also shaky, he adds, many of the malls will have...
...despite its flaws, Beijing Doll opens a window to the seemingly aimless lives of China's urban youth. Chun doesn't fight to defend her freedom by marching on Tiananmen Square; she does it by skipping school and dyeing her hair bright red. In China today, that's what passes for rebellion...
...changing consumer tastes and then to satisfy the new appetite. It sounds simple, but just how do you dress 100 million Americans? "Every generation of consumers has a specific taste," says Chou. "In the '80s it was Waspy, which is what Ralph Lauren delivered. Then in the '90s the urban and street look took off, and Tommy Hilfiger owned that. Today the consumer is swinging back. They want smart casual...
...keen knowledge of international distribution, product development and marketing. With Hilfiger, they were able to use manufacturing muscle to lower prices below those of competitors like Ralph Lauren. They also invested millions of dollars in advertising, flooding international markets with Hilfiger's name and attracting a trend-setting young urban crowd to the brand. In 1992 they took the company public with one of the industry's most successful IPOs. In 2001 Chou and Stroll cashed out their holdings in Hilfiger and a year later relinquished their co-chairman titles in order to branch out and invest in other brands...