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"We're not capable of shipping outside of the United States," Lyons explains. "We have received an overwhelming request from our customers to be available overseas."Jenna Lyons serves as J. Crew creative director.
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Alliances are a tempting solution to the dilemma of a firm seeking the home-base advantages of another nation without giving up its own.
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President Barack Obama set a goal of doubling exports to more than $3 trillion over the next five years to help create or support 2 million American jobs.A lot of the above stats can be found at UPS Business Monitor.
Less than 1 percent of America's 30 million companies export, which is significantly less than in other developed countries, the Commerce Department said in a statement.
Of those that do export, 58 percent export to only one country, providing what U.S. officials see as a big opportunity to expand exports.
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Is Facebook your window to your social world? Is your mobile device the last thing you put aside before shutting the light out at night? Or does the deluge of digital information leave you flat and the ring of your cell phone leave you cranky?Find out what kind of user you are at Pew Internet by taking a quick quiz here. The range is:
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After Putin became Russia’s president in 2000, Goldman Sachs predicted that Brazil, Russia, India, and China would soon be among the world’s most important economies and coined the term BRIC. However, Russia’s economic growth, which averaged a healthy 7% from 1998 to 2007, has been undermined by the global economic crisis. Russia’s economy was projected to contract by 6.8% in 2009, according to the OECD, and Brazil’s by 0.8%, while India’s and China’s were projected to grow by 5.9% and 7.7%, respectively, despite the global recession.More here but you must subscribe or buy a single copy PDF to read the entire piece.
Is Russia in danger of falling out of the BRIC grouping? Would companies be better off entering other emerging markets, particularly given the complexities of doing business in Russia? How do companies craft successful Russia strategies?
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The administration’s National Export Initiative calls for a 20 percent increase in next year’s budget for the Department of Commerce’s International Trade Administration, bringing it to $534 million. This would enable ITA to hire up to 328 trade experts to help U.S. companies find customers in foreign countries, with a particular focus on high-growth markets like China, India and Brazil.Read more here.
The ITA aims to help 23,000 businesses to start exporting or grow their international sales next year. Over the next five years, the agency is shooting for a 50 percent increase in the number of small- and medium-size businesses that export to more than one market.
The administration also wants the Export-Import Bank to increase the financing it makes available to small- and medium-size businesses from a record $4.4 billion last year to $6 billion next year.
Ex-Im Bank is an independent federal agency that provides loan guarantees, export-credit insurance and direct loans to finance sales of U.S. exports.
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1. Where are your customers online?What is socialgraphics?
2. What are your customers’ social behaviors online?
3. What social information or people do your customers rely on?
4. What is your customers’ social influence?
5. How do customers use social technologies to learn, make decisions, and support your products and services?
Socialgraphics is how to measure how customers use social technologies, where they are online, and how it influences them in the context of the customer life cycle.Learn more here. This piece might be helpful as well.
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“We’re excited to embark on this new phase for LIVESTRONG and Nike,” said Lance Armstrong Foundation President and CEO Doug Ulman. “Lance’s return to cycling drew the eyes of the world to the fight against cancer and Nike’s support is allowing us to spread the message of hope and perseverance to new markets all over the globe.”Read more here.
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The economy has entered a new "phase of the recovery," said John Chambers, Cisco's chief executive, in a call with analysts, adding that he planned to hire up to 3,000 workers in coming quarters. "This is one of the most robust positive turnarounds I've seen in my career," he added.The tech world according to Google:
Before he (Google CEO Eric Schmidt) got into the nitty-gritty of this year’s outlook, Google announced that revenue was up 17 percent in Q4 2009 ($6.7 billion) and up $23.65 billion for all of 2009 (for a net income of $6.5 billion).The tech world according to NetSuite:
Having had a dreadful start to 2009, NetSuite announced record earning for the fourth quarter and year ended 31st December, 2009. From the release:The tech world according to IBM:
“Total revenue for the year was $166.5 million, a year-over-year increase of 9%. Total revenue for the fourth quarter was $43.0 million. Revenue from the Americas for the fourth quarter of 2009 was $35.0 million, while revenue from international regions was $8.0 million. NetSuite added approximately 295 new customers in the fourth quarter.
Moreover, IBM's full-year 2009 earnings of $10.01 per share were up 13% year over year, and net income of $13.4 billion rose 9% from fiscal year 2008. Earnings for the year were a record, despite the worldwide recession. Full-year earnings surpassed the Zacks Consensus Estimate of $9.88 per share, as well as the company's own guidance of $9.85 per share.The tech world according to Microsoft:
The company's spectacular amount of new services contract signings and a pick up in corporate IT spending figured into the improved guidance for fiscal 2010. Historically, IBM has raised its guidance for almost every quarter in the last two years. For fiscal year 2010, the company again raised its EPS guidance to $11 per share, up from a previously expected $10-$11 per share range last month.
Microsoft posted a bigger-than-expected 60 percent increase in quarterly profit on Thursday, helped by strong sales of Windows 7, and said it expected business technology spending to recover this year.The tech world according to Apple:
The company said net profit came to $6.7 billion, or 74 cents a share, up from $4.2 billion, or 47 cents a share, a year earlier.
For the three-month period ending Dec. 29, 2009, Apple posted earnings of $3.4 billion, on a revenue of $15.7. Compared to the year-ago figures of $11.9 billion, that amounts to $2.3 billion in net quarterly profit.TechTip2U Powered by: Verio
Apple shipped 8.7 million iPhones — more than double compared to the year-ago quarter — and 3.4 million Macintosh computers, up 33% from a year earlier.
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Explore outside the local and domestic market. When it comes to horse racing, for years the leading buyers destination was Dubai thanks to the wealthy investments by the Royal Family. With Dubai in flux, many investors have backed off. Finley has been exploring Ireland now instead. “We were one of the first to buy and bring back horses from Ireland,” says Finley. “Now we have Irish investors interested in us.”Read more here.
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Learning a language sometimes seems as difficult as dieting. The solution is to figure out how to stay interested after the novelty wears off.For an option, go here.
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