As a preview to his presentation during the upcoming IBC Global Forum, the following is a brief on Indian retail, Vikram Chitnis and Shoppers Stop, a retailer with an extensive focus on home and housewares. Retail in India continues to expand and develop from traditional “son & pop” shops to organized brick and mortar retail. Organized retail is expected reach $150 bn…
CONTINUE READINGArchives for May 2017
Ocean Freight: Cancellation Fees Related to Overbooking
Steamship lines have complained for years that shippers book more containers than what are required to meet their shipping needs. It is common practice for some shippers to place excess container bookings to protect space only to cancel these bookings prior to the sailing date. Steamship lines claim that for every four containers booked, only three show up for the sailing.…
CONTINUE READINGSmart Thinking for Smart Living
Michelle Hespe catches up with Mike Wolf — a leading U.S. expert on the Internet of Things (IoT) and the evolution of the Smart Home — for a chat about what the future holds, and what is happening in the smart world, right now. It’s hard to comprehend that the first iPhone was released in 2007, and today over 2 billion people are using them. It all happened so…
CONTINUE READINGDiscovering Design: Stelton
Forming a Design Brand More than 50 years ago, two friends, Stellan and Carton, merged their first names to form Stelton, which became one of Denmark’s best-known design brands. Niels Stellan Høm and Carton Madelaire partnered to start a trading company in 1960. After marketing sports shoes and furniture, they learned about a small factory in Fårevejle, Denmark, Danish…
CONTINUE READINGThe Smart Home of the Not-Too-Distant Future
The Internet of Things (IoT) is a movement that is already part of our everyday lives and is growing rapidly. And, the future is exciting for the Smart Home with several trends emerging including: Cooking Technology – Products are being embedded with smart sensors that control exact time, temperatures and even the humidity needed to properly cook a meal based on precise…
CONTINUE READINGYuwa Group: Japan Market Overview
As a preview to their presentation during the upcoming IBC Global Forum, the following is a brief on Yuwa Group, a Japanese distributor of consumer and household products. Yuwa Group was established in 1965 as an importer of consumer goods mainly from Europe, and over the last 20 years has begun working with U.S. suppliers as well. Yuwa is presently the sole agent for…
CONTINUE READINGExecutive Education: International Negotiation Strategies
As a preview to his Executive Education session during the upcoming IBC Global Forum, the following is a brief on Dr. Denis Leclerc, Professor of Cross-Cultural Communication at Thunderbird School of Global Management. Dr. Leclerc’s work has been published in multiple journals with a focus on communication and negotiation, including the written research of the impact of…
CONTINUE READINGMay Currency Outlook
In their May 2017 Currency Outlook report, Tempus, an exchange rate and global payments company, provides a detailed report including the following topics and sections: In Brief U.S. GDP growth was at its worst level since 2014 European Central Bank showed economic optimism, but remains hesitant on tightening UK Prime Minister calls for early primary election…
CONTINUE READINGExport 101: Understanding Product Selection
When initiating an export plan, conducting a product selection exercise is a key element. In reviewing market selection, suppliers may have considered product suitability as one aspect, understanding on a basic level what markets were best suited for the supplier’s current product lines. Before deciding to ship products overseas, however, a more in depth product review should…
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