Its iconic triumvirate of perfectly parallel stripes have been synonymous with sport for decades. But with profits tumbling in the year Adidas celebrates it’s 60th birthday, Chairman and CEO Herbert Hainer talks candidly about trimming the fat, beating archrival Nike into submission and why innovation is key to this sportswear giant’s future.
In an increasingly competitive and challenging market, where competitors are slashing prices, food costs are rising and consumers demand more information and choice, surviving in the food retail industry is tough. Herbert Bolliger, CEO of Swiss food giant Migros, explains what it takes to stay at the top.
As Britain and Europe drag themselves out of the recession mire, retailers have faced several financial issues that need to be addressed. Several high-profile media outlets have offered retail insights with headlines like 'High street freeze-out', 'Plunge in sales adds to retailers', and 'Retailers braced for horrible year' which suggests that making a profit during the last five years has been somewhat of a challenge.
Outsourcing, by definition, has got a bad rap over the years. Since becoming a legitimate source of cheap labour during the 1960s and 1970s, companies have grappled with how they can exploit their competitive advantage to increase their markets and profits. However, cheaper labour needn't represent exploitation, as several companies are beginning to demonstrate.
Superyacht brand builds business and online brand value through SEO