for the use of our client; it is not to be relied on by any 3rd party without Bain’s prior written consent 2011: a new peak for luxury goods consumption WORLDWIDE PERSONAL LUXURY MARKET EVOLUTION (1995-2011E‚ €B) Sept 11 SARS $/€ Subprime & Japan financial crisis earthquake Socio-Economic Turbulence 191 170 159 147 128 108 77 85 92 96 133 133 128 136 167 153 173 +10% +13% 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011E 2 Holiday season confirmed
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Having expanded to twenty five states the European Union is only becoming larger and stronger. Europe is definitely a power in it ’s own right and could have claims to superpower status ’ in the future. The creation and implementation of the European Union has ensured that the continent has become more integrated and unified. It has brought stronger internal cohesion between the member nations as they all have common goals and objectives that will maintain and sustain the credibility of the European
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Doing Business in Japan 1. Concept of “nemawashi”. In order to do successful business in Japan‚ it is very important to understand the heart of the Japanese decision-making process‚ known as “nemawashi”. Nemawashi was originally a gardening term‚ which roughly translates as “to dig around the root of a tree a year or two before transplanting it”. In the terms of business‚ “nemawashi” is the organized and efficient consensus building procedure by which the approval of a proposed idea or project
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The Mongol invasion of Europe was a planned invasion of Eastern Europe. The Mongols invade Russia‚ Poland‚ Lithuania‚ Serbia‚ Byzantine‚ Bulgaria‚ Serbia‚ and Hungary. However‚ they later invaded Central Europe. Many believe that these invasions had no political or conquering point‚ but to scare other nations from invading Mongolia. Mongolia’s first conquer was Russia in 1235. Led by Batu Khan(grandson of Genghis)‚ they ordered the Russian ruler Ryazan to surrender‚ and the Mongols sacked major
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biased‚ ignorant perspective in order to further its own agenda. Because of its long-standing separation from Western‚ primarily white countries‚ Japan was able to formulate its own values and ideals centered on filial piety‚ the development of a hierarchical class system‚ and strict roles for men and women in its early eras. Throughout the Tokugawa era‚ and due to its rice-based economy‚ Japan enjoyed relative stability‚ though
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The Western Hemisphere remained unknown to Europe until Columbus’s voyage in 1492. However‚ the Native Americans also known as the "First Inhabitants" arrived from Asia as early as twenty thousand years ago. The question of how the historians accounted for the arrival of Native Americans in the Western Hemisphere is what I would like to elaborate more on as well as the similarities/differences to the great civilizations of the Aztecs‚ Mayas‚ and Incas‚ in which the Native Americans fashioned a similar
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P&G Japan Q1. Why was SK-II so successful in Japan? Statement: By based on research of Japanese market‚ P&G made clear targeting and positioning‚ and developed new products which fulfilled customers’ needs‚ built the effective distribution. As a result‚ P&G could establish differentiation advantages for the following. • Product: “Foaming massage cloth” ‚ Elegant dispensing box “Foaming massage cloth” increase skin circulation through a massage while boosting skin clarity due to the microfibers’
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Modern European Weaponry: Shaping Changes in Warfare The human being has always found a way to inflict harm in the name of defense or simple destruction‚ for survival‚ or for the annihilation of the enemy. All within the realm of warfare‚ we have found a way to make sticks and stones break bones‚ and everything between simple technologies to the advent of gunpowder‚ has changed civilization and the way we live. Throughout this essay we will look at the simple truths that come from an evolution
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managers are currently facing. Japan‚ the home country of tech giants Sony‚ Panasonic‚ and Sharp‚ has faced several talent recruitment challenges that have overturned the country’s reputation of excellence to a reputation that “is no longer considered to be on the cutting edge of cool.” The appeal to work in Japan and for a Japanese firm isn’t appealing for any longer for several reasons. For a country with companies that “were next to Western firms in popularity”‚ Japan now has a smaller economy
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PostClassical Western Europe and Post Classical SubSaharan Africa are two civilizations that had many similar and different customs and ways of life‚ some of which are still practiced today. These civilizations developed with little contact between each other and were extremely contrasting‚ and yet many similarities can be found between them. Even though they had differences‚ such as religions‚ origins‚ and organization‚ they are similar in many political‚ economical‚ and social aspects‚ such as
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