“The price of pork in mainland China is such that domestically-produced sausages are expensive, so we can compete not only on value – because our products are of high quality – but also on price.” Westaways began selling sausages into retail, but has …
Poor food safety standards are a major concern in China, particularly among the less affluent who cannot buy imported products. Xinhua described the problem of "gutter oil" as widespread and said it "contains carcinogenic substances" and "is dangerous …
“Early adopters are going to pay top dollar and there are usually bugs that come with an electronic product of some kind, so you're going to have to suffer through that,” said Hung LeHong, a research vice president at the technology firm Gartner …
Bucking a trend of hostility to Chinese takeovers of US assets, Shuanghui International Holdings Ltd has completed the acquisition of Smithfield Foods Inc, mostly known for its pork products, making the 7.1-billion-dollar deal the largest takeover of a …
“The young products are pushing sales.” The Daimler unit probably also improved profit margins in the third quarter, reducing the gap with competitors earnings, … The luxury-car manufacturers are expanding production in China, the world's biggest …
In other words, Lincoln is pivoting to a new marketing push behind the sole representative of its new generation of products, the restyled MKZ sedan, and de-emphasizing its year-long effort to re-establish the brand per se. Two clear results of that …
Josh Meyer, 30, a products manager at a leading high-tech firm, recognizes the generation gap. 'You've got folks who think style doesn't matter because they sit behind a desk all day, but the fact of the matter is that it … With the nation's highest …
At the by-invitation Asia Travel Leaders Summit (ATLS) 2012, a joint-study by STB, The Boston Consulting Group (BCG) and Visa also noted the emergence of the middle and affluent class (MAC) travellers. Meanwhile on the business end, the region's …
Investors should be encouraged by the steps Nordstrom is taking to cater to the less affluent customers, looking to break into Dillard's market. The company has launched its Nordstrom Rack stores, which offers Nordstrom products at a 30% discount to …