Word: brandsness
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F. Scott Fitzgerald famously observed that the very rich are different from you and me. Perhaps. But just like everyone else these days, they have been won over by the convenience of online shopping. Around 80% of high-net-worth consumers - in Western societies defined as those with annual gross...
Some luxury brands jumped on the e-commerce bandwagon during the dotcom boom in the late 1990s, only to bust with the bubble in the early part of the current decade. So they're reluctant to try again. There's also an older wariness dating back to the 1980s, when...
Anheuser-Busch, the St. Louis superbrewer, is the unhappy target of a $46.35 billion takeover attempt by InBev, a Belgian company run by Brazilian moneymen, which is the world's No. 1 beermaker - its accumulated brands include Stella Artois, Beck's, Labatt and Bass. InBev is known for squeezing the...
Nor does the potential combination appear to trip antitrust alarms. InBev's business is primarily overseas, and the Bud brands would continue to face strong competition from the soon-to-be-merged Miller and Coors breweries. The story of this deal may ultimately come down to two words: money talks...
Clearly that has changed, and young companies like GEM are taking advantage. GEM, which stands for Global Electric Motorcars, is a Fargo, North Dakota, subsidiary of Chrysler that's been selling small electric vehicles for a decade - or as GEM President Rick Kapser has said, "back when gas was a...