Kering, the corporate parent of many famous fashion brands, including Yves Saint Laurent, Puma, and Gucci, has taken steps to improve the business practices of its suppliers down the supply chain. Francois-Henri Pinault has followed in his father's footsteps in developing a corporate culture that tries to make the world a better place while also making money. Each year the company produces a corporate sustainability report that outlines steps it takes to make the world a better place while also making high-end luxury products.
On a recent Saturday night, dozens of young people packed Night + Market, a Thai restaurant on West Hollywood’s Sunset Strip. A server with a man bun and a bubblegum-pink apron rushed around with plastic plates. There may have been music; it was hard to tell over all the shouted conversations. The cumulative effect was more TGI Fridays than fine dining — a comparison Night + Market chef Kris Yenbamroong embraces.
More countries are starting or purchasing trading companies to help serve national interests for the export or import of commodities.
Two competitors, two different strategies in Russia.
The U.S. State Department and multinational retailers are taking steps to address human trafficking and poor working conditions in Thai factories.
Human trafficking and migrant laborers have cast a shadow on Thailand's tuna industry.
Governmental instability in Thailand is dampening foreign investment and economic growth.
Norwegian Air Shuttle is looking to bring low costs to long-haul flights.
Drones are helping keep Kenyan elephants away from poachers. They can’t help with Kenya’s booming population.
Biometrics companies are benefiting from a potential iPhone fingerprint scanner.
In an effort to win support from farmers, the Thai government raised the price of rice and effectively killed exports.
Japanese auto companies are finding Thailand more friendly than China.
Japan's automakers are now shipping cars made outside of Japan, back to Japan for sale.
While overall investment is down, longtime investors are shrugging off the political turmoil in Thailand because the country has traditionally treated foreign companies well.
What should we do to get the U.S. economy going again? Countries as diverse as Germany, Brazil, Singapore, and Thailand can offer ways for the U.S. to shore up its economy.
Dietrich Mateschitz is making a bold move into TV, movies, and magazines. What's the visionary behind a $5 billion-a-year soft-drink empire doing in the media business? Just what he's always done: having a blast.
While Thailand is the world's top rice exporter, falling prices and rising competition may lead to a strategic decision to abandon that role.