When talking about Coca-Cola Company it’s not even enough to call it beverage giant, the company highly ranked when it comes to most admired companies or the ones with highest income; simply one of the most powerful companies on the globe. How, why? It all started with that magic drink, we all know today as Coke, drink that enjoy something like a status of deities since 94% of world’s population can recognize its logo. Absolutely unbelievable is the number of Cokes sold every day when we include all the articles written bad influence on our health and weight, everybody knows it’s bad , but still many can’t fight the need for it. Nevertheless seems like the beverage giant Coca- Cola has some fights of its own going on.
American upscale fashion retailer Nordstrom recently admitted that they are experimenting with Wi-Fi and advanced video surveillance to track customers as they shop. This Seattle-based retailer had recently hired a company to track and record a unique number emitted by shoppers’ smart phones, which gets automatically connected to Wi-Fi systems as they moved through the stores.
Canadian sportswear retailer Lululemon Athletica – CEO, Christine Day is stepping down after the recent problems with a line of yoga pants that were inconsiderately see through. The new CEO’S focus will be on product quality issues and finding a strategy to improve and increase product offerings. The recent developments may weigh on the stock in the near term, though it’s a wait and watch situation.
Samsung Electronics Co., which has established itself as the market leader in the Android tablet and smartphone categories, was on display at 2013 E-Tech Awards on the 23rd of May at the CTIA trade show held in Las Vegas. In an interesting development, Apple Inc. has added one more Samsung model to its long list of Samsung devices that it wants the federal judges to review for patent infringement.
After a tragic construction disaster in Bangladesh, European retailers, including H&M and Wal-Mart, signed the Bangladesh safety accord which will introduce measures aimed at boosting safety conditions in garment factories, taking a step to securing lives of workers. Undeniably, unions had a big part in pushing the European retailers to take action in improving workplace safety at Bangladeshi garment facilities.
Burberry Group had good news for investors as it saw not only a significant increase in its fourth quarter revenue, but the luxury goods maker recorded satisfying results for the half year ended March. It seems that demand for luxury goods in China improved as the UK-based company’s performance was undeniably driven by Chinese fondness for high-end products. Interestingly, even analysts are much surprised by that unexpected twist as company’s revenue significantly exceeded economists’ projections.
Samsung Electronics Co. is bracing for a new thrust as it is to open new mini stores in Best Buy. The move is clearly targeted at Apple Inc. and its commanding position in the US. The question is whether this step can pose a threat to the dominance of Apple Inc. in its homeland market.
On the 11th of March, Chinese online giant Alibaba Group informed that its executive vice president Jonathan Lu would take the helm from current chief executive officer Jack Ma. The nomination was announced amid growing speculation over its forthcoming initial public offering.
On the 30th of January, Imperial Tobacco Group Plc. informed that the first-half profit would decline because of black market sales and the deepening crisis in Europe. Along with the announcement on the half-year profit outlook, the Europe’s second-biggest tobacco company revealed that Robert Dyrbus had resigned from his position.
The maker of Cartier jewelry Richemont SA posted its third quarter results showing that sales in the period grew by approximately 5 percent at constant exchange rates and about 9 percent at actual rates. The Geneva-based company saw satisfying growth in the Americas, but witnessed lower growth rate in other regions, including the Asia-Pacific region. In particular, the rate of China’s sales slackened as demand for luxury goods dropped in the world’s second economy.
Emerald green is to dominate 2013 as Pantone LLC has chosen it to be the color of the coming year. To be exact, PANTONE® 17-5641 Emerald has been chosen to be the color of the year for 2013 by the worldwide guru on color for a wide range of industries.
Reckitt Benckiser Group PLC, the England-based company, informed on the 22nd of November that it had signed a deal to acquire Schiff Nutrition International Inc. for $1.4 billion. The takeover of Schiff Nutrition International Inc. means that Reckitt Benckiser Group is going to enter the profitable vitamins and nutrition supplements market.
Wal-Mart Stores Inc. is moving its Black Friday deals even earlier this year as they are to start at 8 p.m. on Thanksgiving Day. The world’s largest retailer has announced three waves of deals this year and at the same time it has assured that all its clients will be able to get their Black Friday deals.
Negotiations between Best Buy Co. Inc. and its founder Richard Schulze on taking the company private were terminated as Schulze rejected due diligence deal, according to Best Buy’s officials.As it has been stated by Best Buy’s officials, the company had shown “great flexibility” as it gave Richard Schulze 60 days to prepare a deal for the company and at the same time the opportunity to propose a buyout offer directly to shareholders from the beginning of 2013, the end of Christmas shopping season, if the board rejects his offer. According to a Best Buy’s statement, Richard Schulze did reject the company offer.
Even though it seems like there is a long way for Dish Network to beat the race for being the number one satellite TV Company, Dish Network has still managed to add a remarkable lot of 22,000 subscribers to the viewing list.
Johnson & Johnson has picked up a new CEO, to succeed Bill Weldon after his retirement in April this year. The healthcare giant J&J said its decade-old Chief Executive Officer William Weldon will step down from his post in April. To succeed him is the vice chairman Alex Gorsky, as the ninth chief executive officer of the 126 year-old company, while Weldon, aged 63, remains the chairman of the board.
With the new year just over a week away, it’s time for industry leaders to think about how to make 2012 better than 2011. One of the ways for industry leaders to do that is to take a look at what’s poised to be big in the new year, and to point the company in that direction. A new year comes with new ideas, new innovations, and new consumer trends. Here are four that industry leaders need to pay attention to in 2012:
When the entire world is thinking up ways of bettering the environment by using technology and methods that reduce air pollution, Catalytic Clothing’s newest foray goes one step further, with their ethical fashion project that purifies surrounding air as one walks along. Ethical fashion, defined as “an approach to the design, sourcing and manufacture of […]
After winning the R&D 100 Awards, also known as the “Oscars of Innovation”, for three successive years in a row, the ITRI (Industrial Technology Research Institute) has been awarded this year for two eco-friendly technologies, one of which is the rewritable i2R e-Paper, basically a liquid crystal panel. Promising to be both environmentally friendly and […]