Category: Industry

Lingerie industry is in a state of intense competition. Fashionable and price friendly lingerie’s are sold by the manufacturers while global brands are looking for new markets. International specialty brands are at their wings; seeking entry into emerging markets for future growth. Current global market for lingerie’s rose by 2.6% to $29.92 billion USD from 2004 to 2007, while clothing prices dropped down by 4%. China, as an emerging market has seen a growth rate of 8.1% during the same time. Fast fashion retailers are now offering fashionable intimate apparels at lower prices and are undertaking hardcore marketing efforts to sustain their brand image in China. On the other hand, China itself is a major exporter of apparels to the global market at competitive prices.

Chinese Lingerie Market:

Chinese lingerie market is a dynamic sector. Their market structure is composed of many national and international brands, and intimate apparels are brought in by many countries; names unknown to the consumer.
The country’s lingerie market is a fast moving one, and there is a drastic change during the recent past. The lingerie market is estimated to be of a total value of 2 billion euros, and industry experts predict a further positive increase of 20% every year. The country is the third largest for luxury consumption, and is assumed by the market leaders to catch up with the position of Japan in the next 10 years. China is a key player in fabric industry, having good potential for creation and consumption. Major lingerie players in China have reassessed their market positions, and are now closing the knowledge gap to become ‘low cost’ producers.

Integral Apparel in the Wardrobe of Chinese Women:

As Chinese lingerie manufacturers eye the global market, rest of the world eyes China. Shanghai is in the forefront of the lingerie boom. Lingerie is progressively becoming one desirable item in the wardrobe of Chinese women. A survey states that an average Chinese woman spends 8% of their fashion budget on lingerie annually. Though 8% appears to be meager, China is populated with 503 million women and the huge numbers are promising. From lavishness, luxury lingerie’s have now become a wardrobe necessity. A lingerie industry survey states that Chinese population consists of more than 200 million women in the age limit of using lingerie, the annual consumption would go beyond 600 million pieces, reaching a sales figure of 15 million RMB.

Exports-The Lacy Lingerie Race:

Encompassing promising prospects in the global market, lingerie industries in China are actively seeking opportunities to expand its domestic market overseas. On an average, the country exports around 4 billion pieces of lingerie; annually. They export intimate wears mainly to France, US, Japan, and Europe. Export of Chinese bras rose as high as 10.5 million; i.e., 93% after the EU ended a 40 year quota system. China enjoys a good market in US as a lingerie exporter. Its performance is on a high base capturing 25% of exports to US. Despite the restrictions on US exports to China, the communist giant is expected to become the third largest exporter to US. China, enfolded with continuous enhancement in technology, makes it a cost effective destination for other countries to have their production base offshore. China along with India is projected to increase its global market share by $100 million USD each in the next few years.

Leading Intimate Wear Hubs:

The city of Shenzhen is considered as the ‘fashion capital’ of China. It is a pedestal of domestic and foreign intimate wears, designing, R&D, and manufacturing of lingerie’s. The economic benefits acquired and the market size favor Shenzhen and draws continuous attention of the investors. Many popular brands sold in the global market are being exported from the Pearl River Delta, especially Shenzhen. The ‘Sun Hing Group’ who manufacture 70% of its lingerie accessories in Asia, the ‘YKK’, a fortune 500 company, and ‘Regina Miracle’ all have their manufacturing base in Shenzhen. The city has a perfectly formed industry chain starting from design to production, marketing, and sales both at the domestic and export level. A renowned lingerie brand has launched its outlet in Shenzhen especially because of its cluster effect which will enhance brand promotion and boost sales. Two of the popular Chinese lingerie brands come from Shenzhen, and almost 10 internationally reputed lingerie brands have their production base here. Topform, Calvin Klein, Triumph, Regina Miracle, and Victoria’s Secret are a few to name. Embry Form, Xusany, Venies, Ordifen etc are a few domestic brands, having their manufacturing facilities in Shenzhen and enjoy a nation wide reputation.

Click Here to View Full Article

Behind the phenomenon of gambling industry, there are definite individuals. The attitude to them is ambiguous. Some people consider them to be talented businessmen, respect them and learn from them. Others, conversely, condemn them. Doubtless is only one thing these people are extraordinary, often venturesome, but at the same time they have business acumen, feel the demands of time, they can correctly estimate the potential of their future enterprises. Particularly such people gain millions of dollars from gambling industry.

Sheldon Adelson
Presently he is the richest representative of the gambling industry. He owns the corporation Las Vegas Sands, which controls the casino-hotel Venetian in Vegas and Venetian in Macao. The life of Sheldon reminds of a classical story about an American dream. The future billionaire was born in 1933 in Boston in a poor Jewish-Ukrainian emigrant family. He had to work since early childhood. He earned his first money by selling newspapers on the streets. Practically without any education, the self-made man Sheldon became one of the best financiers in the USA. While working as financial advisor, he breathed new life into more than 50 companies. Adelson was one of the first businessmen who believed in the future of IT technologies. The international show-exhibition of IT-technologies COMDEX was his brainchild. In 1995 he sold it to the Japanese for 860 mln dollars.

The businessman came to the gambling market in 1989 buying the casino-hotel Sands in Las-Vegas, which was earlier owned by Frank Sinatra. Understanding that one more casino in Vegas is trivial and that is why relatively unprofitable, he decides to transform the capital of gambling into the international business center, in order to attract rich entrepreneurs (potential players) to his casino. Within several years Adelson built the business centre Sands Expo. In 1991 he invested one and a half billion dollars for building the casino-hotel Venetian. The new casino was targeted not only at players, but also at businessmen who came to his new business center. As many experts acknowledge, Venetian is one of the most beautiful casino-hotels in the world. There are more than 4000 rooms, 18 restaurants, a trade center (emporium), and all this is at the background of Venetian channels, with gondolas sailing and gondoliers singing their famous songs. In 2004 Adelson opened the casino Venetian in Macao, the first casino of Las Vegas type in Asia. In May 2006 he managed to obtain a permit for building a casino in Singapore, which will presumably be opened in 2009. It is planned that more than 3 billion dollars will be invested into its construction.

At the moment, according to Forbes, Adelsons fortune is 16.1 billion dollars, i.e. he is number 14 in the world rating of the wealthiest people of the planet.

Kirk Kerkorian
This figure of gambling industry can be without exaggerations called the most experienced and sophisticated. He is the living legend, one of the fathers of Las Vegas. Kirk was born in 1917 in the town of Fresno (California) in the family of Armenian emigrants. In his youth he was actively engaged in boxing and participated in single combats, but at the age of 22 all of a sudden he decided to quit sport the desire to learn to fly captivated his entire personality. During WW II Kirk became a pilot of British royal air force. Upon returning to his homeland, in 1947 he paid 60 thousand dollars and bought a small air company that specialized on charter flights between Los Angeles and Las Vegas. He abandoned this business only in 1968, having sold it for 108 mln dollars. Frequently visiting Vegas, he realizes the huge potential of this city. In 1962 Kirk buys 80 acres of land on the famous The Strip, not far from the legendary casino Flamingo. The land at that time cost him 960 thousand dollars. The investment was not vain, approximately at this time there started the gambling boom and many companies became interested in gambling industry. The renowned casino Caesars Palace is built on his land, which he grants on lease. In 1969 he sells it, having thus earned more than 9 million dollars.

In 1967 Kirk buys 82 more acres of the precious land and builds International Hotel, which was the biggest hotel in the world at that time. In order to make the hotel popular and attract potential players, Kirk hires Elvis Presley for concerts. At that time he also buys the casino Flamingo, which he resells in 1970 to the corporation Hilton. 1973 was crucial for Kirk. He invested most of his assets into buying the film studio MGM and builds the casino-hotel MGM Grand under the brand of his new company. Now this hotel becomes the biggest in the world. At the moment Kirk Kerkorian owns the corporation Tracinda, which has the controlling stock of MGM Mirage (casino in Nevada, New Jersey, Macao etc). Kirks interests are not limited only to gambling industry. He owns 10% of the shares of General Motors. All this allows him to be number 53 in the Forbes world rating, having the fortune of 8.7 billion dollars.

After riding a successful wave of BPO, now India seems to be all set to repeat and achieve the same feat in the KPO industry also. The industry which came in to reckoning in early part of 2000 is currently witnessing exponential growth with CAGR (Cumulative Annual Growth Rate) of 21% and is expected to provide employment opportunities to about 250,000 professionals in India by 2010.

With more than 3,000,000 students graduating from about 200 Universities and 10,000 colleges in India, KPO provides an outstanding opportunity for an excellent career path. A KPO job not only provides for excellent remuneration, but also provides international business exposure and tremendous learning and development opportunities for skill development. At the moment key areas within KPO industry lies in the domain of Business Research, Legal Support, Market Research, Financial, and Investment Analysis. Although, KPO provides significant opportunities to all kinds of graduates; but offers even better opportunities to Finance graduates including MBAs, Lawyers, CFAs, M.Com, and CAs.

Graduates, pondering over possible opportunities within this sector need to introspect themselves and evaluate their key skills and personality fit. A career in KPO may attract graduates from compensation and growth point of view, but is one that is immensely challenging and requires well polished attributes for success. Even though there are a number of KPO jobs available in the industry, but still landing in the most appropriate profile and company could be a significant challenge for the applicant.

To succeed in getting a suitable job in the KPO segment, one needs to do gap analysis of the pre-requisites of job profile and self-competency. This would not only include testing ones analytical capabilities through quantitative and data interpretation techniques, but also taking psychometric tests to evaluate personality and key attributes to survive in the KPO industry. Reaching out for professional help or career consulting could be one of the ways to prepare for such techniques. Not only this, a number of KPOs evaluates job fit candidates based on case interviews either discussed in a group or one-on-one basis. Apart from that, a precisely written resume in a professional manner and cover letter briefing your key competencies significantly increases job seekers chances of selection in an interview process. A professional guidance in this regard could be more than helpful for preparing a career path in the KPO industry.

About KPOPlacements.com: KPOPlacements.com website is meant for providing Human Resource solutions aiming exclusively for the knowledge process outsourcing industry. It is an exclusive KPO and LPO industry focused job site that offers simplified solutions for recruiters and jobseekers. This website/portal has been result of our in-depth Need Analysis of companies operating in the domain of knowledge outsourcing industry. We at KPOPlacements.com are committed towards the interests of all the stakeholders job aspirants as well as the industry, clients. Abiding by our values of trust, integrity and excellence, we seek to secure the best opportunities for you.

When Jesse James and his West Coast Choppers first appeared on the Discovery channel the world got a small taste of what custom motorcycles were all about. The economy was good and many men started to dream about having their own custom motorcycle. Of course many of them being upper middle class soccer dads thought the biker lifestyle as portrayed by the great Jesse was a little too scary for them.

Then the Teutels came along. American Chopper struck a chord with men that Jesse failed to do. It made them spend money. Suddenly every man in American over thirty wanted a custom motorcycle. And those that had the money bought them up in droves. Custom bike shops sprang up in almost every small town in the country and many a custom motorcycle builder thought they had hit pay dirt.

Even people who really didn’t plan on buying a custom motorcycle ended up buying a bike because we got caught up in the phenomenon that was American Chopper. Five motorcycles later and two custom motorcycle builds under my belt, I can honestly say that if custom bikes had not been all over the TV I probably wouldn’t have a garage full of them now. The country just went nuts over custom motorcycles.

Doctors and lawyers gladly shelled out for $30,000 bikes so they could join the custom motorcycle fad. Along the way a few production custom motorcycle companies went into business and made their fortunes in a very quick time. If you had the money and wanted a cool bike without the worries about getting parts and such, the production chopper fit the bill. Many of these fad riders actually turned into true motorcyclists, myself included, but that’s where the trouble began.

If you’ve ever ridden a custom motorcycle you’re well aware that these things are great for bar hopping and to parade around at your local bike night but as a full time rides they just don’t work. Trust me I know; after a 400 mile ride to Niagara falls I quickly realized that have a low long custom bike wasn’t what I wanted to ride on long trips. And many other new riders learned the same lesson. As sales of touring models soared the custom motorcycle industry started to hear the death knell that was around the corner. Then tragedy struck the motorcycle industry in general.

As the US economy fell demand for custom bikes fell with it. Many newcomers to the bike building business whom had lucked into a full time carreer out of a hobby soon discovered that when only real bike riders wanted custom bikes built, only hardcore established custom motorcycle shops got the business. Even the well know OCC felt the pinch as their once coveted theme bikes became a low priority for corporations who were now on a budget.

Watchers of the show watched as Paul Teutel Sr had to lay off a bunch of workers and fans could only wonder if their new building was ill timed. The custom motorcycle fad was over.

So what does all this mean for the custom motocycle business in general. Is it dead? Hardly. It’s way bigger than before than fad started. A lot of upstart companies have managed to survive because they created a good product. Some production chopper companies have fallen by the wayside. But the most importan thing, to me is that motorcycling in general has finally become main stream. In spite of a tumbling economy and HD in financial trouble more people are riding motorcycles now then ever before. And that means more people will be customizing them also.

It’s a rare sight to see a motorcycle that hasn’t been customized in one form or another and I confidently predict that after this economy bounces back the custom motorcycle industry and custom motorcycle parts industries will flourish. How do I know all this? Because in spite of lagging sales and the passing of the custom motorcycle fad , websites about Custom Motorcycles are busier than ever. People may not be spending money right now but they’re doing something almost as important. They’re making their bike parts wish lists and in some case determining who they are going to get to build their custom dream bike when things turn around. Which they will.

Take heart my friends, the custom motorcycle industry is not dead, just taking a much needed siesta.

The cell phone accessories are adapted to use in cell phones of different brands such as, Samsung, Nokia, Motorola, Sony Ericsson, Sanyo, LG etc. These cell phone accessories would mean nothing for some of you whereas to others they would make the decision of whether to buy the cell phone or not. The use of cell phones has become so popular that many of the phones now carry cell phone accessories to go along with their particular brands like siemens phone covers, motorola phone covers, samsung phone covers, ericsson phone covers, sagem phone covers etc.

Beyond sending text messages and making voice calls, modern day mobile phones come bundled with many advanced features. Some of the important ones to mention include Bluetooth connectivity, internet browsing, music (MP3. MP4) playback, personal organizer functions, e-mail, instant messaging, built-in cameras and camcorders, ring tones, games, radio, Push-to-Talk (PTT), infrared and call registers, ability to watch streaming video or download video for later viewing, video calling and serving as a wireless modem for a PC. With so much of improved luxury functions added in mobile sets, the need for more of mobile accessories like different types of cell phone face covers, headphone sets, wired and wireless accessories, memory cards etc has also revolutionized.

Nokia being the worlds largest manufacturer and supplier of mobile phones had a global device market share of approximately 40% according to the market statistics in WIKI 2008. The other major mobile phone manufacturers include Samsung (14%), Motorola (14%), Sony Ericsson (9%) and LG (7%).These manufacturers account for over 80% of all mobile phones sold and produce phones for sale in most countries.

Mobile phones have become a mass media channel and no mobile phone is complete without its corresponding mobile accessories. From selecting your phone, to choosing the accessories to customizing your ring tones, your options grow more unlimited day by day. Technology development moves fast and mobile phones are at the forefront of the industry’s growth.