article thumbnail

Dressing China

Harvard Business Review

All the world's apparel manufacturers and retailers have joined the race to clothe China. Unsurprisingly, apparel spending in China has been growing by a robust 16% per annum. In 2009, sales totaled $114 billion, making China the world's second-largest apparel market behind the $287 billion U.S.

Apparel 13
article thumbnail

The 3 Essential Jobs That Most Retention Programs Ignore

Harvard Business Review

For example, in 2009 professors Brian Becker, Mark Huselid, and Richard Beatty estimated that in most companies less than 15% of jobs are what they call strategic positions and said management should focus “disproportionate investments” on finding A players for those jobs. Connectors in the middle. Essential Experts.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why CEOs Should Watch the Royal Wedding

Harvard Business Review

costofweddings.com estimates that the average couple spends $24,000 per wedding, probably an underestimate once one adds up a year's worth of planning for apparel, beauty treatments (including weight loss), officiants and music, venues and catering, and numerous other services. Brilliant brand management is multi-media and cause-related.

CEO 16
article thumbnail

How This Lingerie Store Boosted its Bottom Line, Despite the Downturn

Harvard Business Review

Among its intimate apparel store peers — who are in the business of helping women find the perfect undergarments through a sometimes thrilling and at other times exasperating process — Journelle stands out. From first quarter 2008 to 2009, bankruptcy filings leapt by 75%. Journelle in New York City is no ordinary store.

TSR 15
article thumbnail

A Diverse Board Is an Independent Board

Harvard Business Review

Pension giant CalPERS noted in a 2009 report that "companies with more diverse boards.have higher performance on key financial metrics, such as return on equity, return on sales, and return on invested capital.". In addition to being a senior manager at the company, she''s the CEO''s spouse.

article thumbnail

Getting Back to Growth

Harvard Business Review

This preserved one of the indicators that have consistently pointed north since the economy emerged from recession in 2009. But when the retailer took a more careful look, it found that its best opportunity was to get people to buy more in the categories they were already shopping (such as apparel or electronics or groceries).

Retail 11
article thumbnail

The Rise of WhatsApp in Brazil Is About More than Just Messaging

Harvard Business Review

So when the messaging service WhatsApp entered the market, in 2009 , allowing users to send messages to anyone for free and regardless of their mobile carrier, people gravitated toward the platform. They should be able to receive, manage, and respond to users. Provide a service. How can my brand help them solve that need?

Brand 8