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Nevada attorney satisfied with result in FTC pay day loan situation
a Las vegas, nevada lawyer who effectively defended a battle vehicle motorist in a U.S. Supreme Court case said he’s pleased about the ruling curbing the FTC’s authority to recuperate gains that are ill-gotten cheated consumers.
The vegas lawyer who effectively defended a battle vehicle motorist in an instance Columbus payday loans and cash advance ahead of the nation’s highest court said he’s pleased about the unanimous ruling which will control the Federal Trade Commission’s authority to recuperate ill-gotten gains for cheated customers.
Nevertheless the federal regulatory agency is not delighted concerning the ruling and warns so it will deprive the FTC of their strongest enforcement tool.
On Tuesday, the FTC’s chairwoman that is acting on Congress to clearly permit the agency to bring back its authority to recover money for cheated customers.
The phone call to use it comes simply times following a unanimous Supreme Court sided with a expert competition vehicle driver, Scott Tucker, who was simply convicted of cheating consumers through his pay day loan companies. The 9-0 ruling overturns a nearly $1.3 billion prize against Tucker.
The high court’s ruling removes just exactly exactly what the FTC has called “one of its most critical and effective enforcement tools,” used in recouping vast amounts of bucks on the decade that is past.
Attorney Paul Ray, of Las Vegas-based Paul C. Ray, Chtd., told the Review-Journal in a job interview Tuesday that the ruling is welcome news.
Tuesday“We were pleased with the ruling,” Ray told the Review-Journal in an interview. “We’re happy about any of it, so we just like the ruling given that it follows the statute.”
The FTC accused Tucker, of Leawood, Kansas, of employing their pay day loan businesses to deceive customers over the united states of america and illegally charge them undisclosed and inflated fees.
While the Review-Journal formerly reported, the FTC filed its 2nd problem against a lender that is payday 2012 in Nevada federal court because six organizations away from 17 defendants have actually Las Vegas or Henderson details.
Tucker is a former United states Le Mans Series champion whom, in accordance with prosecutors, utilized proceeds through the financing business to invest in an auto racing team that is professional. The scenario based on section b that is 13( regarding the FTC Act, that the federal regulatory agency utilized to draw out vast amounts of bucks in financial prizes from organizations.
Ray said he’s glad that the justices unanimously consented that the FTC overstepped its authority. The ruling, he stated, provides quality associated with statute.
“What ended up being taking place ended up being that when the FTC received an issue about a company’ techniques and someone stated it had been fraudulent, instead of proceed through their process that is statutory that needed, that they had been utilizing this to gather cash for consumers,” he said. “The statute really was built to simply stop a practice, perhaps perhaps not bankrupt the business. And there are numerous of organizations that did go bankrupt from this utilization of the statute where it had been getting used to have massive judgments.”
“The positive thing for organizations is the fact that there was a clarity to just just how it’s allowed to be done,” Ray included.
FTC calls on Congress
Justice Stephen Breyer penned in their viewpoint for the court that the supply of federal law that the FTC has relied on does not authorize the payment to find, or a federal court to purchase, restitution or disgorgement of earnings.
But Breyer noted that other areas associated with the Federal Trade Commission Act might be utilized to have restitution for customers who’ve been cheated. “If the Commission believes that authority too cumbersome or elsewhere inadequate, it really is, needless to say, liberated to ask Congress to grant it authority that is further remedial. Certainly, the Commission has expected Congress for that really authority.”
On Tuesday, times following the Supreme Court’s ruling, acting FTC chairwoman Rebecca Kelly Slaughter urged congressional lawmakers to pass through legislation that could allow the agency’s ability to recoup cash for cheated customers.
Final week’s ruling threatens 24 active FTC federal court situations that “rely solely” from the statute for financial treatments, Slaughter stated. It represents $2.4 billion that the FTC thinks ought to be returned to consumers that are injured.
U.S. Rep. Tony Cardenas, D-Calif., introduced the buyer Protection and healing Act the other day that will clearly verify the FTC’s capability to look for permanent injunctions as well as other relief that is equitable.
“I cannot stress sufficient the significance of fast congressional action on this legislation,” Slaughter, a Democrat, stated in her opening remarks Tuesday before a residence Energy and Commerce Subcommittee on Consumer Protection and Commerce subcommittee. “The Supreme Court’s ruling eliminates the commission’s primary and greatest device to seek remedies that are monetary a business violates the FTC.”
The rule that is statutory she stated, has been utilized when it comes to previous 40 years by the FTC. The guideline has been utilized to cease and recover profit a multitude of instances, including telemarketing fraudulence, information safety and privacy, that target seniors and veterans and deceptive company methods.
Slaughter stated Tuesday a few high-profile situations saw financial treatments — including Volkswagen’s $9.5 billion settlement to solve its clean diesel emissions scandal, $200 million Herbalife settlement, and Amazon’s $61.7 million settlement to solve allegations of withholding recommendations from Flex motorists — were authorized “solely through our now-defunct b that is 13(” authority.


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The Suzuki Swift has been spied testing in Europe with the mild hybrid SHVS system.
The Suzuki Swift which will be launched by Maruti in India in 2017, has been spied testing in Europe. While images of the vehicle and renderings have been floating around the internet for a while, it is the first time the interior has been spied completely undisguised or camouflaged.
The images reveal that the design character lines of the swift remains true to its signature style. But the new Swift gets brand new head lamps with daytime running lights, and LED tail lamps as well. Also the rear door handles have been moved from its traditional position to the C pillar of the car for a better flowing line which may have been done to enhance air flow around the car and better fuel economy with such simple touches. Even the ORVMs have been redesigned
The engines however for the Indian market will be similar to the ones currently available with the Baleno. A 1.2-litre, four cylinder, petrol engine and the 1.3-litre, four cylinder, turbo diesel engine. However, these engines maybe further tuned to match the power outputs of competitors while also improving on fuel efficiency. The car spied testing was seen with a battery indicator in the instrument cluster which hints at the fact that the Swift may also get the Smart Hybrid Vehicle by Suzuki (SHVS) system as well. However, it is still unconfirmed is the 1.0-litre Boosterjet engine which will be launched with the Baleno RS later this year, will also be offered with the new Swift.
[caption id="attachment_73164" align="alignnone" width="642"] The new Swift will get all new interiors with a completely redesigned dashboard.[/caption]
The interior of the new Swift has gotten a brand new dashboard. The infotainment system has been updated to the touchscreen system found in the Baleno, while the lower trims will get the standard analogue system. The central air-vents have now been switched so circular ones, while the three-spoke steering has been redesigned with multi-function buttons for the infotainment system. The Instrument cluster has been restyled with a binocular style twin dial look with a TFT screen in the centre which has the SHVS battery indicator.
Suzuki is expected to reveal the new Swift in October at the Paris Motor Show. The product is expected to arrive in India and launched by Maruti Suzuki in 2017.

domain: news


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Renewed demand for vehicles and greener products will support revenue growth
Los Angeles, CA (PRWEB) November 22, 2012
The Lubricant Oil Manufacturing industry produces industrial and automotive lubricants for manufacturers and consumers, including motor oil, transmission fluid, rust inhibitors and machine oils. According to IBISWorld industry analyst Sean Windle, “The industry experienced its share of wear and tear over the past five years, with the economic recession, which led to a downturn in consumer income and downstream manufacturing activity.” These factors compelled consumers to drive less and hold off on car expenses, while manufacturers were forced to leave factories idle or exit their industries. As a result, fewer lubricant products were purchased during the recession and industry revenue dropped 10.8% in 2009. However, strong demand following the recession resulted in overall positive growth from 2007 to 2012, with revenue expected to increase at an average annual rate of 0.8% to $16.3 billion. Much of that growth took place over the past two years, with revenue climbing 10.1% and 6.5% in 2010 and 2011, respectively. In 2012, revenue is expected to climb an additional 2.7%.
Despite overall revenue growth, average industry profit margins are projected to fall from 5.6% of revenue in 2007 to 5.2% in 2012, thanks to a steep drop in demand from downstream manufacturing markets, coupled with rising input costs. “In addition, strong refining capacity expansions prior to the recession resulted in production outweighing demand when the economy tanked,” says Windle. The downturn in demand and profitability forced some players out of business, with the number of enterprises operating in the industry falling at an annualized rate of 0.1% to 358 companies.
The Lubricant Oil Manufacturing industry consists of a relatively modest number of firms, with major oil companies representing the largest players. IBISWorld estimates the top four industry players (ExxonMobil Corporation, Royal Dutch Shell, Ashland Inc. and WD-40 Company) account for under half of industry revenue in 2012, pointing to a medium level of industry concentration. In addition, these firms play a further role within the industry, supplying lubricating oil base-stock to other specialist lubricant producers. Industry concentration has increased over the past five years with Shell's $4.5 billion purchase of East Resources Management, LLC in 2010. The acquisition consisted of oil and gas properties located in the Marcellus Shale in the Northeast United States.
The long-term outlook is bright for the industry. Overall, the industry is projected to continue expanding, with an expected revenue gain heading into 2013, as improving economic conditions bolster demand from downstream manufacturers. Revenue will also benefit from rising oil demand from consumers, as the number of cars on the road and the number of miles driven increase. In the five years to 2017, revenue is anticipated to increase.
For more information, visit IBISWorld’s Lubricant Oil Manufacturing in the US industry report page.
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IBISWorld industry Report Key Topics
Operators in this industry manufacture petroleum products (except for asphalt paving, roofing and saturated materials), such as blended motor oils, brake fluids, lubricating grease and other oil-based additives. Key buyers include downstream automobile manufacturers, wholesalers and automotive retail chains.
Key External Drivers
Industry Life Cycle
Products & Markets
Products & Services
Globalization & Trade
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.


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James Cameron is bestowing 3D upon us, whether we want it or not. Judging by 3D TV’s lackluster performance , it’s obvious we don’t want it. But that hasn’t stopped the Oscar-winning director from surging ahead. Cameron has partnered with “Avatar” cameraman Vince Pace to form a venture  aimed at “driving the widespread adoption of 3D technology in episodic television, sports and advertising.”
Says Cameron, “3D is just how all broadcast entertainment will be done. Sports, episodic drama, scripted and unscripted -- we haven't seen anything yet that doesn't have a great degree of value added by being in 3D.”
But Cameron (and the industry) has yet to adequately explain how 3D improves the experience. Stereoscopic 3D isn’t a natural phenomenon. The industry loves to point out that “we don’t see the world in 2D.” But we don’t see it in “three dimensions,” either. 3D is, and always has been, an illusion—a digital trick that manipulates our brains into perceiving added depth.
A reader (ASilzars) points out that 3D neglects the depth cues provided by head movement and depth of focus, creating an insurmountable eye-brain conflict. In turn, this gives 3D the appearance of a high-end diorama. Objects “pop” unnaturally, creating the illusion of depth. The sense of immersion is offset by a sneaking suspicion that one is being hoodwinked.
Nintendo’s 3DS provides an interesting microcosm of the 3D phenomenon. The autostereoscopic handheld gaming platform (rumored to utilize display tech from Sharp) uses a parallax barrier to create an illusory 3D effect—without the need for special glasses. At its unveiling, gaming journalists were universally floored by the 3DS’ autostereoscopic capabilities. A few of us were a tad more skeptical , but I digress.
Post-launch, many of these same analysts have changed their tune—suddenly, they’re a bit more cautious, a bit more apprehensive about the system’s gimmicky claim-to-fame. They’ve suddenly realized that having a narrow “sweet spot” is extremely problematic for a portable gaming device—especially one that incorporates accelerometer technology. And they’ve abruptly discovered that 12% of the population can’t even perceive 3D properly.
Even Nintendo preemptively backpedaled a bit . Prior to launch, 3DS producer Hideki Konno downplayed the notion that 3DS games would require the utilization of 3D. “We want to get software out to as many people as possible, and there are some people who just can’t see 3D. We’re moving away from any stance that says if you don’t use the 3D functionality you can’t play this game,” he said. Essentially, Nintendo was waving the white flag—the 3DS’ claim-to-fame, it turns out, was merely peripheral.
The 3DS is emblematic of the industry’s heedless drive for 3D, irrespective of consumers’ lukewarm reception. The past two Consumer Electronics Shows were dominated by 3D. The giants of industry are begging consumers to swap their “obsolete” LCD, LED, and Plasma TV’s for 3D-TV’s. But upgrading CRT to thin-screen is more dramatic than the incremental leap from LCD to 3D. Consumers aren’t biting. So the industry responds by redoubling its efforts—consumers need to be “educated”. Clearly, they just don’t see the benefits.
The likeliest scenario for 3D’s penetration of the market is adoption by Trojan Horse. In the case of the 3DS, consumers will buy into Nintendo’s good name and the promise of beloved franchises yet to come. And when all new TV’s are 3D-ready, the stealthy invasion will be complete. Ipso-facto, we’ll have a 100% adoption rate.
James Cameron is bestowing 3D upon us, whether we want it or not. Cameron has partnered with “Avatar” cameraman Vince Pace to form a venture aimed at “driving the widespread adoption of 3D technology in episodic television, sports and advertising.”


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On Monday, Tim Cook, Apple’s boss, went out of his way to single out a small French company that was involved with innovative features in the latest iPhones ahead of meeting with President Emmanuel Macron, who has ordered for a tougher line on technology company taxes.
Apple’s chief executive paid a surprise visit to Eldim, a Normandy-based firm that has tested the optical technology that was used in the facial recognition system inside new top-of-the-range iPhone X smartphones due to be released next month. Prices of the said iPhone start at $999.
Face ID, as the new iPhone X feature is known, will replace the fingerprint sensor for unlocking the phone and is featured in the campaign of Apple to distinguish the phone from its rival devices.
“Bravo for your work!”, said Cook on his official Twitter account in French. A picture of him talking with employees of Eldim was also posted.
Cook later met with Macron, who has ordered Apple and other tech companies including Amazon.com to pay more taxes in Europe.
“Bravo to Europe for acting with determination to get tax rules and justice respected,” said Macron in a tweet last week that was applauding European Union officials for bringing member-state Ireland to court to reclaim 13 billion euros (11.6 billion pounds) worth of back taxes from Apple.
A French presidency official said that Macron and Cook did not dwell on the past and described the discussions about regulating digital platforms and tax policy as forward-looking and constructive.
When asked if they had talked about France’s proposal to tax the revenue of large tech companies and not profit, the Macron adviser replied: “They didn’t go into specifics.”
“The tone was very open. This wasn’t a posturing competition. Tech giants were under pressure from shareholders worried about reputational damage over how the companies arrange their taxes,” added the official.
Eldim which is located outside Caen, near the northern coast of France, had collaborated with Apple on research projects for almost a decade before receiving recognition for its optical work on behalf of Apple, the most highly valued company of the world.
“They (Eldim) certainly have a top-notch technology,” said industry analyst Thomas Husson of Forrester Research. “Facial recognition is one of iPhone X’s differentiating features.”
Apple is usually highly secretive regarding the suppliers that it uses to develop new computers, phones, and other devices.
A spokeswoman for Apple refused to comment.
STMicroelectronics, a Franco-Italian chipmaker which is one of Europe’s larger technology companies, is popularly understood to be a supplier of the sensors for the Apple iPhone 7 and the forthcoming iPhone devices but is restricted by Apple from saying so.


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The BSNL authorities have sought help of the police and the state administration to normalise the situation, he said.
"The new system will bring down our outsourcing cost to nearly Rs 30 crore per annum from Rs 80 crore now. Of the annual revenue of about Rs 200 crore, the payment to vendors was as high as Rs 170 crore, he said.
Speaking about service disruption, the BSNL official said the telecom major was able to restore leased-line connections for institutional customers but 10 per cent of the individual landline and broadband subscribers are still suffering as its employees are "unable to carry out restoration works due to the violent protests" by the workers of its vendors.
The total number of landline and broadband connections have declined to about 5 lakh from 15 lakh in a few years back, though the vendor payments for service-related jobs remain high, leaving the telecom operator in financial stress.
"A section of workers under the old vendors are opposing this new contract. Fear of job loss for genuine workers is unfounded as new vendors have to choose labourers from the same lot. Only a third of the total contractual labourers work on the ground," the BSNL official said.
There are around 4,000 outsourced workers engaged by vendors in BSNL Kolkata circle.
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|Windshield Winterizing Saves Money, Pane. |
(ARA) Minneapolis, Minn.--If winterizing your car begins and ends
with snow tires and antifreeze, you may be overlooking a crucial component -- your
windshield. "Before snow, sleet and freezing temperatures threaten the integrity of
your car's windshield, examine it carefully for cracks, dings and 'stars'," advises
Leo Cyr, director of marketing of NOVUS Windshield Repair. "Even a small ding, if
ignored, can become a big problem, requiring a new windshield costing over $1,000,"
Cyr warns. "But if caught early enough, the problem can be repaired for as little as
With more than 2,600 trained technicians across the United States and around the world,
NOVUS offers these tips on how motorists can avoid unnecessary expenses, inconvenience and
frustration this winter.
"It's important to know how to identify windshield problems and to recognize that
most can be quickly and easily repaired as a safe and inexpensive option to
replacement," Cyr says. He points out that freezing temperatures "can cause the
smallest of 'stars' in your windshield to burst into long, irreparable cracks." And
many car owners are unaware that heaters and defrosters can accelerate the process of
cracking by blowing hot air inside a windshield that is frozen outside. Rapid temperature
changes adversely affect glass which is already damaged.
At Novus, technicians replace windshields only if absolutely necessary. "Our
policy is to repair damage whenever possible," says Cyr. "This not only saves
money for our customers, it also satisfies the interests of car insurers."
He explains, "Because our patented process has proven so successful on windshield
dings and cracks and is extremely cost effective when compared with replacement costs of
$300 to over $1,000, most insurance companies welcome our money-saving strategies. Many
even waive the deductible, so the car owner pays nothing."
The really good part, says Cyr, is that repair does not require the windshield to be
removed. The factory seal between auto body and windshield is not broken. In the event of
an accident, the windshield remains exactly where the factory intended -- firmly in place.
That fact alone makes windshield repair the safest alternative for damaged windshields,
"Winter or summer," he reminds the environmentally-conscious,
"windshields cannot be recycled and, instead, end up in valuable landfill space. The
NOVUS method of repair has resulted in one cubic foot of space saved for every four
NOVUS has repaired more than 18 million windshields since the Minneapolis, Minn.-based
company was founded in 1972. According to Cyr, all work performed by the factory-trained
technicians is guaranteed for as long as you own your car.
NOVUS has more than 500 locations in North America. In the U.S., call 1-800-77-NOVUS
for immediate connection to the nearest NOVUS location. In Canada, consult your local
Courtesy of Article Resource Association, http://www.aracopy.com


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Happen to catch a wild car chase or a clip of your friend wiping out on his skateboard, using the camera on your cell phone? Send in the video, and the next month’s bill will be torn up.
That’s the latest motivation for Americans of all stripes to be video bloggers. It’s a marketing ploy from new wireless entertainment company Amp’d Mobile and Web site Break.com. Getting users to become mini-movie producers, they hope, will drive sales of Amp’d mobile phones, while boosting video content for and visitorship for Break.com’s site.
“We’re trying to inspire people to use their mobile handsets as a content creation tool,” said Break.com CEO Keith Richman.
Amp’d and Break.com — which is changing its name this week from Big-Boys.com — are looking to take advantage of the increasing number of consumers shooting short video clips with mobile phones and inexpensive digital camcorders. They’re encouraging men 18 to 35 to share the videos with friends equipped with Amp’d Mobile phones, which are expected to hit the market in the next few weeks. They will also be found online, through Break.com.
Richman, whose Web site draws 600,000 unique visitors daily — generating more traffic than the online operations of MTV: Music Television, Comedy Central and Playboy — likens the success his company has had in hosting funny videos submitted by users to the way that eBay Inc. empowered individuals to make a business of selling products via the Internet in the late 1990s.
“We think of ourselves as similar to that. We’re allowing these content creators to have a distribution method they’ve never had before,” said Richman, 32, a co-founder of online payment company Billpoint, which eBay acquired in 1999 for $125 million in stock.
Break.com has 15 employees, most sifting through videos submitted by users.
The Los Angeles-based firm has no marketing or ad-sales staff. The company’s only marketing money this year went to 500 T-shirts and 30,000 postcards sent to colleges to promote its name change. Richman says Break.com relies almost entirely on “viral marketing” — Web surfers e-mailing friends links to funny videos.
Bigger media companies are also turning to viral marketing to promote the creation of video clips on the Web. America Online executive vice president Kevin Conroy said the company’s new In2TV service will contain forms Web surfers can use to send videos to friends via e-mail or instant messages.
And Google Video is offering to host an unlimited amount of videos for free for both individual producers and big media companies.
While Google and AOL are beginning to offer long-form content on the Web, most of the videos produced for mobile phones run only a minute or two in length.
Amp’d Mobile is leasing the EV-DO network from Verizon Wireless in order to offer its service. EV-DO offers average Internet download speeds of 400 Kbps to 700 Kbps, and can hit speeds of up to 2 Mbps.
Amp’d plans to charge $2.99 monthly for unlimited access to Break.com videos, Richman said. Subscribers who upload videos that are used by Break.com get a free month of service, he added.
Big-boys.com was the 326th most popular site on the Web during the last three months, according to Alexa.com. That tops the popularity of Web sites owned by MTV (410), Playboy (817), Comedy Central (2,093), Spike TV (21,317), USA Network (17,974) and Home Box Office (1,331).


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Over 11,000 outlets permanently disappeared from main streets, malls and retail parks in Britain last year, with independent retailers and villages faring better than chain stores and city centers.
A net total of 9,877 chain stores and 1,442 independent retail, food and entertainment establishments closed in England, Wales and Scotland in 2020, according to the Local Data Company (LDC). The analysis focused on 680,000 points of sale in 3,000 points of sale.
Government support, including lower corporate tariffs, a moratorium on evictions for those unable to pay homeowners, supportive subsidies and paid time off for workers, have helped slow the pace of closures for the self-employed by 11% compared to 2019.
This help ensured that the pace of closures was not as fast as expected by LDC, which expected at least 14,900 outlets to be vacated. However, the true impact of the pandemic has yet to emerge. Many outlets included in the research were temporarily closed during lockdowns and were not counted as closed, but may never reopen after restrictions were eased next month.
According to LDC, up to 18,000 additional stores, restaurants and entertainment centers could be evacuated as the collapse of large retail groups such as Debenhams, Topshop and Dorothy Perkins materializes.
Lucy Stainton, Head of Retail at LDC, said: “Our latest report shows a marked increase in structural decline in the physical retail and entertainment markets, but we would also say that we are not yet close to see the full impact of the Covid -19 pandemic.
“What remains to be seen are the consequences of the end of government support, which is effectively ‘thawing’ a significant portion of the market that has been frozen in time since the start of the pandemic. With that in mind, we expect to see the state of play in terms of vacancy rate and net change to worsen over the course of 2021 and 2022 before stabilizing. “
In 2020, fashion and clothing stores led the decline, followed by bookies, real estate agents and mobile phone stores. Barbers were the fastest growing street businesses, despite months of lockdowns that kept them from playing, followed by beauty salons, fast food outlets and nail bars. Supermarkets and grocers were also among those doing well as they were given “essential” status during lockdowns and were allowed to trade.
The loss of commuters and tourists hit city centers hard, with vacant homes rising 2.5 percentage points to 16.1%, more than any other type of place. In contrast, villages, which are surrounded by residential areas with a higher balance of independent retailers, were more resilient with vacancy rates increasing by just 0.4 percentage points to 11.1%.
More local convenience stores have opened than closed for the first time in four years, as the shift to working from home and the desire to avoid public transportation has benefited more convenient neighborhood outlets.
The data also reveals the challenges ahead of reinventing city centers to become less dependent on retail. Among the House of Fraser, Debenhams or Beales department stores that closed between January 2017 and December 2019, less than a quarter found new occupants without having to be reorganized into smaller units.
About 30% of the old department stores have been demolished or split into smaller units. LDC said a similar fate would likely await another 124 Debenhams stores which closed at the end of last year, but are not included in the 2020 data, as many are expected to briefly reopen to liquidate inventory this year before close permanently.


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Wine Investors Think Globally
Panelists reveal process behind international acquisitions of California wineries
At the recent Unified Wine & Grape Symposium, Jeff Menashe of Demeter Group moderated a panel about foreign investments in the U.S. wine industry, sharing his belief that there are more acquisitions to come—particularly in high-value North Coast winegrowing regions. The big prize everyone is anticipating, he said, is an acquisition of Treasury Wine Estates, including the large Beringer brand.
“It’s clear why investors from elsewhere are interested: The United States is the largest and one of the fastest-growing markets. To be a player worldwide, you have to participate in the U.S.”
And while bottled imports represent 25% of the market, they’re concentrated at the lower-volume categories, not at the top, where California wines sell. “Of the top ten U.S. brands, only Yellow Tail is an import,” Menashe said.
Why Accolade bought Geyser Peak
Accolade’s Tim Matz discussed that company’s activities in the United States—notably the purchase of Geyser Peak Winery, one of the casualties of the Ascentia Wines meltdown.
Accolade was created when CHAMP Private Equity partners bought the Australian, English and South African parts of Constellation Wines. Matz said Accolade is the fifth-largest wine company in the world and sells 35 million cases annually—partly by owning giant U.K. distributor Mathew Clark. Matz claims Accolade is the largest exporter of California wine to the U.K. with the Eco Falls brand, a label not sold domestically.
Accolade also sells Hardy from Australia and Kumal from South Africa.
“They acquired Geyser Peak to get U.S. infrastructure: sales, distribution and back-office functions like accounting and logistics.”
Matz says he was the only employee in the U.S. on May 31, then became one of 85 the next day, when Accolade acquired Geyser Peak.
Acknowledging that Geyser Peak has suffered under recent owners, Matz said it has strong recognition in the industry and among consumers, who seem to be welcoming it back.
Accolade intends to use this channel to distribute its Australian and South African wines in the U.S., though he said they need rebuilding and even Yellow Tail is showing signs of distress.
In addition, Accolade exports the equivalent of 7 million cases of bulk wine to the U.S., and it has the potential to exploit duty drawbacks that could reduce import taxes because it exports wine, too.
Accolade acquired Atlas Peak and XYZin brands along with Geyser Peak, and Matz said the company is looking for acquisitions to build its operations here. “We don’t have wines from Argentina, Chile and New Zealand,” he noted.
The company is also looking at innovation; Mathew Clark sells flavored wine brand Stone, which is popular in the U.K., and those wines are strong candidates to bring to the U.S.
Matz noted that Accolade had options other than Geyser Peak for gaining strength in the U.S. market. It could have partnered with an importer or sales and marketing organization—or even started from scratch. However, its owner is a private equity company, “and they want a quick turnaround; the others were too slow,” Martz said.
Geyser Peak was a good match as it had an existing national distribution network with wholesalers Southern Wine & Spirits and Glazer, had good sales coverage and didn’t compete with the Australian brands. “We also didn’t have to throw people out on the streets,” and could retain most staff.
A buyer from Canada
Another foreign investor won’t seem very foreign to Americans who tend to think of Canada as almost another U.S. state: British Columbia’s Quails’ Gate Winery bought Valley of the Moon Winery and vineyard and the Lake Sonoma brand from Korbel.
The company is already in the wine business. Owner Tony Stewart says the winery in the Okanagan Valley sells about 50,000 cases per year (mostly Pinot Noir and Chardonnay).
British Columbia allows wineries to have tourist attractions like restaurants, and Quails’ Gate has one. The winery gets 150,000 visitors per year, selling 25% of its output at the winery.
Stewart says the acquisition was inspired by a generation transition looming, and he and his siblings decided on a corporate structure and acquisitions as a way to deal with it.
He partnered with investor and vintner Dan Zepponi, a former wine industry executive (and brother of prominent mergers and acquisitions advisor Mario Zepponi). They first set up a corporate structure and created the Plume brand to market Cabernet Sauvignon from Napa Valley fruit.
Stewart admits that getting into the business was challenging. “This industry doesn’t need any more regulations,” he deadpanned, and British Columbia has the lowest business taxes in North America (nothing anyone would claim about California). He couldn’t help noting that as BC dropped its taxes, investment rose.
The company is now looking at other opportunities in Napa Valley. “We’d like to find a partner looking for a gradual transition out,” Stewart said.
The company is rebranding Valley of the Moon under the name Madrone and looking for a Napa presence.


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More Businesses In Queensland Now Accepting BCHSeptember 18, 2018
North Queensland is slowly becoming a Bitcoin cash (BCH) hub as the number of businesses accepting the virtual currency keeps growing. The region now has a Bitcoin Cash meet-up. Furthermore, the Australian state is hosts the country’s first BCH-only ATM. Most traders believe concentrating on one Cryptocurrency is eliminating confusion among customers wishing to pay using the new currencies.
Number Of Businesses Accepting BCH Increases
For several months, numerous BCH advocates have been encouraging more businesses in the North Queensland area to adopt the virtual currency. Various posts on Reddit forum r/BTC indicate that more businesses in the region are adopting the digital asset. North Queensland is a large area and is quite different from the rest of the Queensland State.
The region has a Bitcoin Cash meet up where the community meets to discuss the virtual currency. BCH-only ATM, the only one in the country is located in the area. Many businesses in the region are accepting BCH payment and the number is growing every day. Of the 73 businesses that accept BCH in the state, 33 are located in the northern region.
BCH Is Popular Among Different Businesses
The popularity of BCH payment is not restricted to only one industry. Various businesses from different industries in the North Queensland region have adopted the new payment method. This week, laundries in the area started to accept the virtual currency. Several coffee shops such as The Flying Turtle, the Coffee Pedlar, and the Alt Brew have also incorporated the new payment method.
Element Studio is allowing its customers to pay for art and clothing using BCH. Those wishing to burn out excess calories can pay for the services using the virtual currency at Strand Crossfit & Fitness facilities. If you’re tired with your tattoo, Eraza Laser Tattoo Removal will not hesitate to accept your payment in the digital asset.
Near the Brisbane Airport, around 40 businesses are accepting BCH payment. Virtually, there’s nothing that you cannot purchase in the area with the virtual currency. While in the region, you can know more about BCH by grabbing your copy of the local North Queensland paper.
Sticking With One Cryptocurrency Eliminates Confusion
Given that Cryptocurrencies are relatively new to many people, coming across those who have been confused about the different coins is common. The decision by businesses in the North Queensland region to use one Cryptocurrency is not an arbitrary one. They have discovered that the use of only BCH can eliminate the confusion.
The locals and visitors buying different products and services in the region using the virtual currency are finding it less confusing and straightforward. The merchants are also finding it easy to provide their customers with technical support. This is a good method of encouraging the use of Cryptocurrencies, especially among those unfamiliar with the technology.
Although it is quite early to assess the impact of adopting one Cryptocurrency, however, it is clear that more businesses are willing to adopt the new currency if it is less confusing to the customers. Maybe more businesses will try to visit the region in an attempt to understand why Cryptocurrency payment has become so popular among the traders and their customers.


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According to a U.S. Customs and Border Protection (CBP) media release, CBP officers in Philadelphia seized a half-million dollars’ worth of counterfeit electronics in Philadelphia in mid-April. The two shipments from China contained more than 20,000 pieces of 35 different counterfeit consumer electronics, such as video gaming systems, speakers, watches, cameras, scanners, DVD players, headphones, chargers and other electronics. Besides the consumer electronics, they also seized counterfeit injectable dental gels.
The MSRP of the seized goods, if authentic are estimated to be approximately $519,510.
If you have had your good seized by Customs for suspicion of being counterfeit, contact experienced seizure attorney David Hsu by phone/text 24/7 at 832-896-6288 or by email at firstname.lastname@example.org.


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A 6th generation Arizona farmer says hay sales aren't what they used to be due to the pandemic, so he's turned to making videos on the farm to bring in some extra dough.
What's next for Mountainside Fitness? FOX 10's John Hook talked to the gym's owner about the governor's new guidelines for reopening.
The ongoing COVID-19 pandemic meant many restaurants have closed, but some have decided to continue with plans to open their own restaurant.
Leaders from some of America’s largest companies signed an open letter to Congress urgently calling for lawmakers to help small businesses.
Among the 11,000 firms approved for at least $150,000 in loans, several sectors dominated — restaurants, medical, dental and law offices, and construction contractors. More than 150 religious organizations — mainly churches — and nearly as many schools also were approved for loans.
Two Valley restaurants are now closed after a couple of employees were reportedly infected with coronavirus.
The government handed out $521 billion through the paycheck protection program, a crucial piece of the government's $2 trillion rescue package.
The shop's owner says she previously offered masks to customers to stay healthy, but some people were angered by it.
Valley teen Katelyn Prazak just graduated from Sunrise Mountain High School in Peoria and turned a birthday gift of a camera from her parents into a photography business. https://www.instagram.com/katelynprazak/
Bill introduction comes as Congress, White House grapple with a fourth coronavirus aid package to help US economy.
Kathy Lange, co-owner of So Many Cats, says the animal shelter is being kicked out after she and her partner have been renting this house, rescuing and caring for street strays for nearly 15 years.
Recently, restaurant owner Bryon Elsberry learned the restaurant was facing eviction and on the same day, he found out he had been approved for the payment protection program.
A Glendale-based subscription company is now delivering products, such as beauty, clothing, or household items, from black-owned businesses across the country. FOX 10's Ty Brennan has the details.
The unemployment rate dropped to a better-than-expected 13.3%, but that is still on par with what the nation witnessed during the Great Depression.
In an alleged Motor City money grab, a local man is accused of swiping funds from the federal Payroll Protection Program (PPP) -- which is meant to help keep small businesses afloat amid the coronavirus shutdowns -- to buy two Cadillacs, a Dodge Charger and a Hummer, according to federal prosecutors.
Several local businesses owned by black men and women are ready for another busy night of sales as the community brings in its support amid growing national unrest after George Floyd's death.
Yesterday was #BlackOutTuesday where millions of social media users posted black squares to support those fighting for racial justice. It was also a day where a lot of people spotlighted local black-owned businesses. West Alley BBQ in Chandler was overwhelmed with support, and because of that, they ran out of food. FOX 10's Ty Brennan has the details.
BBQ Trapp Haus in downtown Phoenix is just one of the many businesses that has had their momentum disrupted by the statewide curfew. However, this particular restaurant is receiving backing from residents in droves as people have turned their focus onto supporting Black-owned businesses in the state.
Looting and vandalism in cities across the country have dealt another blow to small businesses that were already reeling from the coronavirus outbreak.
Stephanie Byrd agonized over temporarily laying off nearly the entire staff at her family’s trio of Detroit businesses when the coronavirus pandemic hit.


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Automotive News for
Cox Automotive estimated that used-car sales finished 2021 at 40.9 million vehicles, an increase of about 10 percent over 2020.
The remarketing industry veteran died Dec. 21 at 62.
Once combined, XLerate and America's Auto Auction will have 39 auction sites in 19 states.
Through October, used-vehicle prices were on average 37 percent higher than in 2020.
The decision comes just weeks before the annual event was set to take place in Chicago, and marks the second straight year the show was called off due to the coronavirus pandemic.
The tool, Esntial Commerce, has been rolled out initially at Penske's CarShop used-vehicle stores before a planned expansion to franchised dealerships.
The bellwether of the industry -- the wholesale market where dealers buy and sell in bulk -- has already topped out and prices of individual secondhand cars should follow in a matter of weeks.
The company began trading shares Friday under the "LOTZ" ticker symbol. CarLotz CEO Michael Bor said going public should help raise the online used-car retailer's profile and visibility.
The deal would make CarLotz the third major U.S. online car seller to go public this year, following in the trails of Vroom and Shift Technologies as online vehicle sales boom during the coronavirus pandemic.
The move comes four months after the company announced a round of layoffs triggered by the COVID-19 crisis.


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Epic Games has locked down another PC exclusive for its store: Shakedown: Hawaii, the new game from Retro City Rampage developer Vblank Entertainment. The upcoming retro-style top-down shooter/business simulator will make its PC debut first on the Epic Games Store sometime this spring, Vblank and Epic announced today.
Terms of the exclusivity arrangement were not disclosed, but the developer’s previous game, Retro City Rampage DX, was sold on PC platforms through Steam, GOG.com, and the Humble Store. Shakedown: Hawaii, like Retro City Rampage, is coming to a wide variety of platforms, including Nintendo 3DS, Nintendo Switch, PlayStation 4, and PlayStation Vita.
Shakedown: Hawaii uses a colorful 16-bit presentation to render its stylish open world. Players will build and expand their business by shaking down competitors and acquiring businesses violently through shoot-’em-up missions. A new trailer released Tuesday serves as a top-down look at the empire-building, open-world action of Vblank’s new game.


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NEW YORK, N.Y. -- NBCUniversal announced today the planned launch of a new streaming service providing consumers access to world-class premium content for free, with valuable partnership opportunities for advertisers and distributors. The service, which will launch in early 2020, will be led by Bonnie Hammer, who has been promoted to Chairman, Direct-to-Consumer and Digital Enterprises for NBCUniversal.
This innovative new service will draw on NBCUniversal’s large content library, as well as its broad reach of over 90 million U.S. households, plus Comcast and Sky’s leading technology platforms. It will feature some of the world’s most popular television and film franchises, including homegrown original programming as well as content from outside partners.
The ad-supported service will be available at no cost to NBCUniversal’s pay TV subscribers in the U.S. and major international markets. Comcast Cable and Sky will provide the service to their 52 million subscribers. An ad-free version will also be available for a fee. Additionally, non-pay TV customers can purchase a subscription to the service. Consistent with the company’s long-standing strategy to distribute its content broadly, NBCUniversal will continue to license content to other studios and platforms, while retaining rights to certain titles for its new service. Hammer will build a team that will include key executives from Sky’s OTT offering, NOW TV, and throughout NBCUniversal. In addition, NBCUniversal’s Digital Enterprises group, led by Maggie Suniewick, will move into Hammer’s consolidated digital group.
“NBCUniversal has some of the world’s most valuable intellectual property and top talent, both in front of and behind the camera. Many of the most-watched shows on today’s popular streaming platforms come from NBCUniversal. Our new service will be different than those presently in the market and it will be built on the company’s strengths, with NBCUniversal’s great content and the technology expertise, broad scale and the wide distribution of Comcast Cable and Sky,” said Steve Burke, CEO, NBCUniversal.
Separately, Burke announced a reorganization of his senior leadership team, which will align its content businesses under two executives, Mark Lazarus and Jeff Shell. Lazarus has been named Chairman, NBCUniversal Broadcast, Cable, Sports and News, and will assume responsibility for most of the company’s East Coast-based content businesses, including the cable entertainment portfolio, NBC News, MSNBC and CNBC. In addition, Lazarus will continue to oversee the NBC Sports Group, NBCUniversal Owned Television Stations and NBC Affiliate Relations.


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Jamieson is pleased to announce it has advised CEO Erik Bras and the management team of Signature Foods on the sale of the business to Pamplona Capital from IK Investment Partners.
Signature Foods is a leading chilled convenience food company based in the Netherlands and with a strong presence across Europe, employing over 600 people across the continent. The company owns a number of consumer brands and also serves private label food companies.
A competitive sales process is very intensive, and work piles up in the last few weeks when you get to the final. As everybody spends a lot of money in the process and blood pressure rises, it is very important to have advisers around you who have been there and know when something is on or above par for comparable deals. The Jamieson team knows their trade and have been of great support to us. See you in 2025.
Erik Bras, CEO


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Day of verdict for the clothing company's New Look France. In receivership since last march, it should be placed in liquidation this Wednesday at 15h by the Paris commercial Court, on request of the judicial administrators in charge of the company. More than 400 jobs spread over thirty stores are directly threatened in the territory. Since the beginning of his turnaround three months ago, the british group has received two takeover proposals, both of which are related only to a store in paris, the rue du Faubourg Saint Antoine. They have been considered to be very credible.
" READ ALSO - Zara widens the gap with its competitors
At the commercial centre of the docks at Rouen, the iron curtain of a point of sale New Look has prematurely dropped at the end of last week. After escaping, he no longer has clothes inside but the employees camped out and took turns, day and night, ready to begin a hunger strike if this allows them to get better starting conditions. This night they were both on the premises. "What we'd like to get it is to fight for the social plan, it is our last fight, it's been over 11 years for the most part that it is there, and that they are fighting, that we are working for New Look", said the director of the shop in the Figaro . He said that six million euros on the French account of the company, the employees ask that the money be used for the social plan. For them, this battle could not be prolonged after the 1st of July, the date on which the lease of the site ends.
"It is not acceptable that the State and the French employees, who are the turkeys of the farce of the strategic choices made by a group of English", pleads his side Judith Krivine, a lawyer of the employees. She adds that the group has "an investment fund of south africa behind him" and that he has touched "more than a million euros of CICE (tax credit competitiveness employment)" of the French State. If the liquidation is pronounced this day as planned at 15h, all employees in France would be dismissed within 21 days, except for the representatives of the staff, who benefit from a "timeout" to review their case, note also the lawyer.net Profit down 92%
In difficulty for several years, New Look was launched in September last year a comprehensive restructuring plan designed to remove approximately 262 positions and to close 21 points of sale. To 67 million euros for the year 2017, the revenue is in steady decline since 2013. Worse still, on the fiscal year 2016-2017, the net income of the company fell by 92%. In the framework of this plan, Monday 10 September 2018, the group's management announced suddenly to its employees to one of the two shops of Rouen that it would be closing next week. The future of the seven employees at the time had not been mentioned beforehand. In Calais, a point-of-sale knew the same fate.
The arrival of new leaders in November had put an end to this plan, but these were not able to meet the ensign, already weakened to the international. In a few years, New Look, and a witness of the difficulties that he knows the market, has closed all of its stores in China, in Belgium as well as 60 in the United Kingdom for 980 jobs.Date Of Update: 27 June 2019, 00:00


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MET Gala: Priyanka looks whimsical & bold; Nick Jonas wore more diamonds than wife
The couple walked the red carpet together for the first time in 2017.
MET Gala 2019: Isha Ambani turns muse for Prabal Gurung, dazzles in a princess-like gown
Ambani turned heads in the soft lilac outfit with a ...
Dior sends feminist message during Paris Fashion Week in post-Karl Lagerfeld era
Dior's Maria Grazia Chiuri has championed feminism ever sinc...
When Karl Lagerfeld lost almost 41 kgs to fit into razor-thin suits in early 2000s
The German designer consumed at least 10 cans of Diet Coke every day.
Are Gucci, LVMH's donations to rebuild Notre-Dame part of a brand-building exercise?
The big groups are already involved in art and restoration.
French tycoons who promised millions for Notre-Dame fail to pay, small donors foot restoration work bills
Almost $1 bn was promised by some of France's richest and most powerful families.
Karan Johar nails the style game, wears Gucci at Paris Fashion Week
The film-maker made a fashion statement in various outfits.
Dior says no to 'likes' on social media, glorifies classic craftsmanship at couture show
Chiuri went back to basics for Dior's autumn/winter 2018-19 collection, kicking off with a muted palette of nudes, navies and dusty pinks.
People Tree reaches settlement with Christian Dior over use of Yogi artwork
People Tree founder Orijit Sen shared the news in a FB post.


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DFW Airport App Takes Flight
Dallas/Fort Worth International Airport (DFW) has launched its official mobile app, which was developed based on feedback gathered from DFW customers.
The app features flight information and tracking; flight and gate updates with alert notifications; parking rates and availability; restaurant and shopping information; and the “within five minutes of my gate” feature, which highlights nearby restaurants and shops located close to a particular departure gate.
“We listened to what our customers had to say about the types of functionality they want in an airport-based mobile app, and our beta testers’ contributions were invaluable,” said Sharon McCloskey, VP of Marketing at DFW. “With 85 per cent of DFW travelers now using smartphones, features like up-to-date parking availability will not only be innovative but really helpful for customers.”


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The new web-slinger is nearly ready for launch.
What you need to know
- Insomniac Games confirmed today via Twitter that Marvel’s Spider-Man: Miles Morales has gone gold for PS4 and PS5.
- This means development of the game that will ship on discs has finished, though work will continue for any day one versions.
- Marvel’s Spider-Man: Miles Morales is set to be released on November 12, 2020.
Insomniac Games shared today that Marvel’s Spider-Man: Miles Morales has gone gold for PS4 and PS5. The game is now ready for launch, though work will continue for any day-one patch or patches shortly after launch. Insomniac also shared a fairly amusing gif in celebration.
We are pleased to announce that #MilesMoralesPS5 and #MilesMoralesPS4 have Gone Gold and will be sneaking into your hearts globally on November 12th! #BeGreater #BeYourself pic.twitter.com/YSrtL2pE6h
— Insomniac Games (@insomniacgames) October 9, 2020
Marvel’s Spider-Man: Miles Morales will release on November 12, 2020 as one of the best PS5 launch games alongside the Demon’s Souls PS5 remake. Saves will transfer from the PS4 version to the PS5 version. The Ultimate Edition of the game includes the Marvel’s Spider-Man PS5 remaster, which is not available separately.
It’s your boy Miles
Marvel’s Spider-Man: Miles Morales
- $50 at Amazon
- $50 at GameStop
A different kind of Spider-Man
Insomniac Games captured the hearts of players everywhere with its forray into the Marvel universe with Spider-Man for the PS4. This sequel isn’t a full-fledged game, but you’ll get to play as Miles Morales, who gained his spider powers at the end of the first game, and save New York.
Marvel’s Spider-Man: Miles Morales Ultimate Launch Edition
- $70 at Amazon
- $70 at GameStop
Ready for launch
The Ultimate Launch Edition of Marvel’s Spider-Man: Miles Morales includes the base game and a remaster of Marvel’s Spider-Man with full ray-tracing and 60 FPS performance mode.
- PlayStation 5: Everything we know so far
- PS5 vs. Xbox Series X: How they compare
- PS5 Specs: What’s in the next-gen PlayStation
- Will PS4 games work on the PlayStation 5?


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Technology | Media | Telecommunications
Saturday, July 17, 2010
According to the latest study by eMarketer, the online advertising market showed its resistance to the economic recession. While total media spending dropped, marketer's online ad spending increased by 2 percent to $55.2 billion.
eMarketer forecasts that 2010 will bring a return to double-digit online ad growth -- with global spending set to reach $61.8 billion. Growth will continue at rates of over 10 percent each year through 2014.
"By 2014 eMarketer forecasts that figure will leap to $96.8 billion, growing at an 11.9 percent compound annual rate, despite the slow, uneven and fragile global economic recovery," said eMarketer's Jared Jenks. "These rates will be unmatched by other media."
North America and Western Europe accounted for nearly three-quarters of the world's online ad spending in 2009, but those mature online ad markets will post slower growth rates than developing areas in Asia-Pacific, Eastern Europe and Latin America.
In terms of dollars, however, the more developed regions will still increase by many billions because of their large established bases and still largely untapped potential of the Internet.
The Internet's share of total ad spending worldwide will jump from 11.9 percent in 2009 to 17.2 percent in 2014. Continued high growth in the online space coupled with a 2009 spending decrease of 10.5 percent for total media, followed by a slower recovery, will help online get an ever-larger slice of the ad spending pie.
"The reasons for this growth in share are clear," said Jenks. "Online is more measureable, more effective and where people are increasingly spending their time."
Marketers who have moved quickly to shift their budget allocation from traditional media to online have gained a significant competitive advantage over their laggard peer group. However, it's not clear how long it will take the marketing mainstream to catch-up to the more progressive early-adopters.


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The Petawawa community welcomed its new CANEX Supermart, a flagship store for future CANEX stores across the country, in a grand opening ceremony on the weekend of April 28-30.
“It’s been a long time coming. I remember in 1992, my first time here, hearing about a new CANEX. Well here we are almost 30 years later and it’s finally here so this is great not only for the Garrison but for the community,” said Col. Mark Misener, Commander 4th Canadian Division Support Group. based in Petawawa.
Built in the epicentre of the Petawawa community, the new CANEX store houses both CANEX retail and grocery facilities and a full-service Canada Post outlet.
Adjacent to the new store, the Petawawa community can also find a SISIP Financial Office, Bank of Montreal (BMO), Automatic Teller Machine (ATM), the CANEX Barber Shop, Chiropractor Dennis Mahoney, Subway and Service Ontario.
“It’s very convenient for busy families it’s great to just come buy and get what you need. It’s a very different look and feel than the last CANEX. So, you get a very personalised experience here,” noted Col. Misener.
After the demolition of the historic General Panet High School, work began on this 45,000 square foot CANEX in 2014.
Dignitaries gathered on Friday, April 28 for the ribbon cutting ceremony of this $14 million project.
Festivities to celebrate the new CANEX store carried throughout the weekend with three days of prizes, giveaways, free food and fun for the whole family.


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A young Sofía Vergara, women in the workplace, and 8 other things every man must know about the fairer sex
Some vintage photos popped up this week of a 20-year-old Sofia Vergara a la 1992, which not only prove she was hot in the Baywatch era, but believe or not, these swimsuit-clad photos were taken just months after she gave birth to her son. Props, girl.
April 8th was Equal Pay Day, “marking the number of extra days into 2014 the average woman has to work to earn as much as her male counterpart did in 2013.” For shame! This number has decreased over the years, but the Institute for Women’s Policy Research estimates that the gap won’t close until 2058. Damn. Let’s show our working ladies some respect, shall we? She works hard for the money.
On a photo shoot the artist did for L’uomo Vogue, $3,405 worth of lingerie by designer Deborah Marquit went missing. The designs have also been worn the likes of Britney Spears, Hilary Swank, and Rihanna, so at least we know the thief had good taste.
Guys, meet Ashley Hart. Featured on the cover of May’s Women’s Fitness Australia, she admits her newfound success as a model is in great part thanks to her Victoria’s Secret model sister. There’s nothing better than a gorgeous set of siblings, unless one of those siblings models lingerie for a living and the other is a yoga teacher. Yeah, that we love more.
...and a whole lot more in this shoot for the digital fashion magazine EDIT, proving she’s not just Johnny Depp’s ex, she’s a legitimate French phenomenon.
In an experiment where scientists got prairie voles drunk—yes, prairie voles, evidently often used for studies on pair bonding for their monogamous nature—researchers found that while drunken female voles wanted to snuggle up to their male partners (aww), the males chose to spend time with strangers while under the influence. Thus proving once and for all the scientific hypothesis, “Prairie players gon’ play.”
In a study that didn’t use rodents, FiveThirtyEight used the Bechdel test—in which to pass, “two named women in the picture, they have a conversation with each other at some point, and that conversation isn’t about a male character”—to analyze 1,615 films released between 1990 and 2013. The findings? The passing movies actually grossed more in box office. We never doubted that audiences preferred well-rounded women on the screen.
After all the controversy over Vogue cover, we’re glad to see Kim participated in one photo shoot that shouldn’t receive any (okay, much) disapproval. Kardashian posed in a thong bikini in Thailand.
That’s right, not one but two _Flashdance _references this week. You’re welcome, Jennifer Beals fans. Technische Universität München “showed 260 participants employment ads for management positions. If the ads used words commonly associated with men, like “assertive,” “independent,” “aggressive,” and “analytical,” the women said they didn’t find the job appealing, and were less likely to apply.” This is highly unfortunate, as all of those words we find extremely appealing when describing women. Ladies, we’re not saying you all have to be welders—but a little aggression and assertiveness never hurt anyone.
Apparently, it just doesn’t make for very good relationships. A study at the University of Chicago found that “women who stay up late tend to get laid more often, but women who go to bed early and get up early might be more likely to be in stable relationships.” We just hope the latter are getting laid, too.


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Kirloskar Motor sold 12,115 units in September 2012 as compared to 12,807 units in the corresponding month last year.
Online PR News – 02-October-2012 – Bangalore, Karnataka State – October 1, 2012, New Delhi: Toyota Kirloskar Motor sold 12,115 units in September 2012 as compared to 12,807 units in the corresponding month last year.
The sales dropped by 5% when compared to September sales last year.
However, Innova registered a 23% growth with 5,858 units being sold as compared to 4,765 units sold in September last year. The Fortuner registered a growth of 21%. It sold 1,301 units last month as compared to 1,078 units in the corresponding month last year. Etios series sold 4,440 units as compared to 5,926 units in the corresponding month last year. The newly launched Camry, now locally manufactured in India, sold 85 units last month. Corolla Altis sold 424 units last month.
“We have seen a drop in sales last month. The market has been quite sluggish and the market sentiments are very low in the passenger car segment. We hope to see it picking up in the festive season. On the export front, we exported 2,176 units of the Etios series to South Africa last month” stated Mr. Sandeep Singh, Deputy Managing Director, Marketing.
For more info on our product & services visit:http://www.toyotabharat.com
Overview of TKM:
Company name Toyota Kirloskar Motor Private Limited
Managing Director Hiroshi Nakagawa
Equity participation TMC: 89%, Kirloskar group: 11%
Number of employees Approx. 6,000 +
Land area Aprox. 432 acres (approx.1,700,000 m2)
Building area 74,000 m2
Overview of TKM 1st Plant
Established October 1997 (start of production: December 1999)
Location Suburb of Bangalore, Karnataka State
Products Innova, Fortuner manufactured in India. Prado, Land Cruiser and Prius imported as CBUs.
Annual production capacity Approx. 90,000 units
Overview of TKM 2nd Plant
Location On the site of Toyota Kirloskar Motor Private Limited (on the outskirts of Bangalore, Karnataka State)
Products Corolla Altis, Etios, Etios Liva, New Camry
Start of production December 2010
Annual production capacity 1,20,000 units
For any further information please contact:
Toyota Kirloskar Motor Pvt. Ltd.
Mobile : 0-9740900029


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Crypto regulations have affected the price of cryptocurrencies. In fact, crypto regulations today are a necessity considering the need to define digital currencies and ICOs. However, different countries have different approaches to the industry. You have the likes of Japan making rules that are adaptable to businesses. Also, the US is making steps towards crypto regulations such as the announcement of the US Securities and Exchange Commission that Bitcoin and Ethereum are commodities and not securities.
Unfortunately, there are those countries such as China that has imposed a complete ban on crypto-related activities. The reason is fear of capital outflow.
For an investor who came in early to invest in Bitcoin, it is not surprising how they’ve seen an astronomical growth of their investment. Unfortunately, Bitcoin investors from China are having a difficult time on how to make use of their digital coins. Guo Hongcai who is a beef salesman who became an early adopter from Shanxi province has started funneling his Bitcoin towards real estate abroad.
Hongcai decided to sell 500 bitcoins in the US and made use of the cash in order to buy a real estate mansion that is located in Los Gatos which is 90 minutes away from San Francisco. He also bought his own Rolls Royce thanks to Bitcoin.
He said that “It’s very normal to sell bitcoin in the US. After selling bitcoin, you can just buy anything you want”.
Runaround in The System
Of course, this is a runaround in the system. As the Chinese government clamps down on crypto-related activities, you no longer have crypto exchanges that you can rely on in China. Many are diversifying via real estate while others are also using Bitcoin in order to buy foreign currencies without even talking to your local bank.
Aside from the US, Hong Kong is another option for a lot of Chinese nationals. Hong Kong doesn’t require stringent tax and documentation compared to other assets that have been bought abroad. And because of this, there are those that make use of Hong Kong brokers in order to move their Bitcoin into Fiat.
Natalia Karayeneva who works as CEO of Propy said that “The requests we have from them start at $50,000 or $100,000 up to, the latest one was $3 to $4 million for Silicon Valley”.
She also said that “We’re seeing that more and more people are willing to buy properties with cryptocurrencies because it’s getting easier to get their money out of the country using bitcoin, rather than establishing a bank account based in Hong Kong and getting their money out of the country using business channels”.
If you will ask Roy Dekel who is the CEO of SetSchedule, he said that Chinese investors made use of cash in buying real estate. He mentioned that “We have noticed a drop in Chinese interest, but certain cities like Los Angeles, San Francisco, and New York Remain strong”. He also added that “The ultra-wealthy Chinese have used this source as a diversification of investment”.
Change in Regulation is a Must
According to the European Parliament’s report, it is a mistake to ban cryptocurrencies. For this reason, China should make the necessary change and lift the ban on cryptos. Do you think China will still maintain its ban? Or will it somehow loosen up its laws?


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In less than five years, the iTunes store has served up some 4 billion songs to some 50 million people. Not bad, considering that when the store was originally launched, many saw it as little more than a way to stimulate iPod sales.
But it's not all fun and games for Apple. MySpace attempted to dump a little rain on Apple's parade by announcing its own music download service. Should the fellas over in Cupertino's First Church of Saint Steve be worried? Well, I'm guessing that after the beatings iTunes has been delivering to Amazon and Microsoft's competing services, one more big name in the mix won't be much.
Then again, I'm sure Wal-Mart wasn't worried five years ago when they heard that a computer company was going to start selling songs over the internet...
Geoengineering on the sea floor near glaciers would form a new ice shelf to prevent melting
Alterations in capillary blood flow can be caused by body position change
Curiosity rover is in 'normal mode' but not transmitting scientific data back to base
NatWest outage comes a day after Barclays' IT systems shut out customers and staff


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Google showed off its new photo storage service at I/O last week with features including unlimited backup and searching for images by keywords, but the company has another image-related technology in development. Google can already recognize images of food when you search your photo library, but its currently developing technology that goes a step further by actually counting the calories in your meal based on your food shots. This could make dieting and calorie counting much more convenient in the future if it works well enough…
Kevin Murphy, a researcher at the firm, tells The Guardian that the ability to scan your food with your smartphone camera is already in high demand and that the technology will be beneficial to users even if its not absolutely perfect. Murphy mentioned that it’s the average of calories over time that consumers want to know so Google’s algorithm can afford to miss the exact number by 20%.
The project is currently dubbed Im2Calories and exists purely as a research initiative after being first previewed at an artificial intelligence summit last month.
Interestingly, though, Im2Calories doesn’t seem to be Google’s first venture into capturing data from images of food. Earlier this year we noted a social networking app called Tablescape that Google has been developing. The idea is to grab some of the food photo sharing activity already taking place on Instagram and Facebook in a place that isn’t called Google+, although the service hasn’t officially been announced yet.
Perhaps we’ll see Im2Calories surface as a compelling feature within Tablescape someday as a way to combine health tracking and the phenomenon of food photo sharing.
(Photo via Flickr)
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Volvo is teaming with China’s top ride-hailing service, DiDi Chuxing, to develop autonomous vehicles for self-driving taxis, the companies announced April 18.
Although many in the West may not have heard of DiDi, Apple was impressed enough with it to invest $1 billion in the company in 2016, the same year DiDi acquired Uber China. DiDi now also operates in Japan, Australia, Russia, Africa and Latin America, and Reuters reports it is eyeing a valuation of at least $100 billion for its initial public offering (IPO), about the same as Uber’s current market cap.
In the new partnership, Volvo will provide XC90 luxury SUVs for DiDi’s driverless test fleet with the aim of using them for ride-hailing in DiDi’s network. The cars are equipped with backup steering, braking and electric power systems to help bring the vehicles to a safe stop if any of the primary systems fails during a ride.
“This strategic collaboration with DiDi Autonomous Driving is further validation of our ambition to be the partner of choice to the world’s leading ride-hailing companies,” Håkan Samuelsson, Volvo Cars’ chief executive, said in a statement. “Combining DiDi’s expanding robotaxi program with our safe cars creates a great match to build trust among consumers for autonomous ride-hailing.”
This partnership advances earlier collaborations between the companies, as DiDi sought to expand its autonomous test fleets across China and the United States to scale up its commercial robo-taxi operations. For example, in 2020, Volvo provided DiDi with Volvo XC60 compact SUVs for use in Shanghai’s first pilot robo-taxi program, where customers could book robo-taxi trips in the DiDi app and be driven autonomously while the cars were monitored by a safety driver and engineer.
The new cars will be the first to incorporate DiDi Gemini, DiDi Autonomous Driving’s new self-driving hardware platform, which employs multiple redundant layers of protection to enhance safety. For example, it will deploy up to 50 sensors on vehicles, including short, mid and long-range LiDARs, radars, automotive-grade cameras and a thermal imager, with a detection range of up to 300 meters away and operable in rain, fog, darkness or against sunlight.
DiDi Gemini’s sensors are interconnected and back each other up to help provide the vehicle a comprehensive, constant understanding of its surroundings, regardless of a fault in any one sensor. The aim is to eliminate blind spots, so that even obstacles within 10 centimeters on the side will be clearly visible.
In addition, DiDi Gemini includes a backup system to respond within milliseconds in the event of a primary system’s failure to further improve safety, which already is rated Automotive Safety Integrity Level D (ASIL-D), the automotive industry’s highest level. DiDi’s safety control center can also remotely offer assistance with the help of a 5G connection and fisheye cameras on all sides of the vehicle.
Furthermore, DiDi Gemini will add an interactive screen on top of the vehicles to help nearby bystanders easily understand their status. This may build on previous research from Volvo that sought to essentially give autonomous vehicles a kind of “body language” to communicate with people in their surroundings.
“DiDi Gemini, our new self-driving hardware platform incorporates critical hardware improvements from our test passenger service operations in Shanghai,” Bob Zhang, CEO of DiDi Autonomous Driving and chief technology officer of DiDi Chuxing, said in a statement. “With Volvo Cars’ leadership in safety, we look forward to achieving new milestones towards future autonomous transport services.”


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The iPhone 15 is still a long way off, but we've already heard numerous rumors about it. New to the pile is an analyst prediction that the Pro models are going to get solid-state, haptic buttons that don't physically move and sit flush with the body of the phones.
That's as per Barclays analysts Blayne Curtis and Tom O'Malley, based in part on comments made by Cirrus Logic CEO John Forsyth (via MacRumors). Cirrus Logic already supplies some of the haptic technology that is in the current iPhones.
The company has mentioned new components coming to market in the second half of next year, which coincidentally is when Apple is going to be bringing out new iPhones, and... well, you can see why people are joining the dots.
Click or twist
These buttons use vibrations to simulate the sensation of them being touched, even though they don't actually move – see also the trackpads on newer MacBook models, and the home buttons on the recent iPhone SE phones.
This backs up a prediction we heard from noted Apple analyst Ming-Chi Kuo, back in October. He also thinks the iPhone 15 Pro and Pro Max (if that's indeed what they are called) will go without physical buttons, though they'll still be attached to the cheaper iPhone 15 models apparently.
We should find out for sure in September 2023. Going with solid-state buttons would improve water resistance and reduce the chance of mechanical failure, though you don't of course get quite such a satisfying click feeling (at least in our opinion).
Analysis: Pro goes Pro-er
For the last couple of years we've seen Apple adding more and more features to the Pro-level iPhones to make them the more appealing options – and with the iPhone 14 Pro and iPhone 14 Pro Max, they actually had a faster processor for the first time.
It would appear that this trend is going to continue next year, which is something that we've been hearing for a while. It pushes consumers towards the more expensive models, and means the standard editions can be produced more cheaply.
Previous rumors suggest that we're looking at a jump to 8GB of RAM for the iPhone 15 Pro next year, as well as a periscope camera. There will of course be a brand new processor as well, most probably the A17 Bionic (while the A16 goes into the standard iPhone 15).
There's also been talk of an iPhone 15 Ultra, which may replace the iPhone 14 Pro Max in next year's line-up. This would differentiate the available models even further – and would no doubt come with a hefty price attached to it.
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Dave is a freelance tech journalist who has been writing about gadgets, apps and the web for more than two decades. Based out of Stockport, England, on TechRadar you'll find him covering news, features and reviews, particularly for phones, tablets and wearables. Working to ensure our breaking news coverage is the best in the business over weekends, David also has bylines at Gizmodo, T3, PopSci and a few other places besides, as well as being many years editing the likes of PC Explorer and The Hardware Handbook.


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Las Vegas Market will host the 8th annual Up on the Roof gala charity event benefiting Gift For Life, the sole charitable organization for the gift, stationery and home décor industries, on Monday, July 30, during the Summer 2018 Las Vegas Market.
The anticipated High Point Market Style Report for Summer/Fall 2018 has been release by the High Point Market Authority (HPMA).
Award-winning interior design firm Trio Environments, led by Angela Harris, has announced the Angela Harris for Phillips Collection, a collection of furniture created in collaboration with N.C.-based manufacturer Phillips Collection. The line will debut during the summer Las Vegas Market, July 29-Aug. 2.
New York-based and family owned Elfa International, a mattress ticking and textile design and sourcing company, has released its first design trends and color reference catalog, highlighting the newest fashion and color directions identified by its U.S.-based, in-house design team.
Home décor wholesale company Global Views is moving to a new space at the Dallas Total Home & Gift Market, June 21-27.
Remodelista.com, the home interior and renovation website for home design enthusiasts and professionals, and its sister website Gardenista.com, have announced it is accepting submissions for the fifth annual Considered Design Awards contest. The contest will feature the top home and garden design projects, as well as a new Organized Kitchen category.
Steelyard, a leading online product resource for the interior design community, has announced that Derrick Ricketts has joined the company as senior vice president, sales & business development.


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Fifth Media‘s Axia A306 was a specialist NFC PDA/smartphone running Windows Mobile 6.1 and aimed at the B2B market.
- L’Oréal launches wearable sensor that uses NFC to alert iPhone users to the risk of sun damage to their skin
- Swiss banks face mobile payments boycott investigation
- Walmart equips staff in 3,000+ stores with mobile POS devices
- KBC to pilot multiple wearable payments options
- Deutsche Bank unveils loyalty-first mobile wallet venture


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iOS 11 is bringing the most significant update to the App Store since its initial launch nearly a decade ago — and it will undoubtedly transform the app marketplace as we know it. On September 19th, iOS users will be able to update to the new operating system, so your app must be ready.
The new iOS 11 App Store mimics the aesthetics of the Apple Music store with a feed-like design, all-in-one scrollable pages, end-to-end graphics, and immersive videos that play automatically. To set you sailing in the right direction, this writer compiled a list — informed by real tests performed on iOS 11 — of the top three ASO tests you should run on the all-new App Store.
Join over 70,000 growth pros from companies like Uber, Pinterest & Twitter


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With 47/47 miles per gallon, the 2013 Ford Fusion is setting itself up to be a serious contender with other hybrids from Hyundai and Toyota through being one of the most fuel-economical hybrids in the world.
Ford Motor Co. said today the hybrid version of its 2013 Fusion midsize sedan received a fuel-economy rating from the Environmental Protection Agency of 47 miles per gallon in city driving and 47 mpg on the highway.
With those numbers Ford claims the title of best fuel economy in a midsize sedan, beating out rivals like the Toyota Camry hybrid (43 city/39 highway) and Hyundai Sonata hybrid (35/40). It still can’t beat the Prius, which some consumers think of as synonymous with the term “hybrid.” But it comes fairly close to that smaller car’s 51/48 rating. Read More


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Nvidia GeForce RTX 4080 pricing and review (2022): The Nvidia RTX 4080 price starts at $899 for the 12GB memory option, and the 16GB memory option is priced at $1,199 MSRP (Founder’s Edition). The RTX 4080 series will be available in November 2022, with multiple designs from its board partners like ZOTAC, Inno3D, Colorful, Gigabyte, MSI, ASUS, etc.
At $1,599 (£1,679 in the U.K.) the GeForce RTX 4090 isn’t cheap and will launch at some $100 more than the RTX 3090. Meanwhile, the GeForce RTX 4080 comes in 12GB and 16GB versions, costing $899 (£949) and $1,199 (£1,269) respectively. That means the RTX 3080 is some $200 more expensive than the RTX 3080 was at launch.
From the specs so far, we chew over if you should get ready to upgrade to the new GeForce RTX 40-series. Two years after the launch of the GeForce RTX 30-series and huge stock shortages later, Nvidia has revealed the first two graphics cards of the new GeForce RTX 40-series.
Nvidia GeForce RTX 4080 has two memory options; 16GB and 12GB. The 16GB model features AD103-300 GPU with 9728 CUDA cores, 16GB of GDDR6X memory clocked at 22.5 Gbps, and a TDP of 320W. While the 12GB memory option has AD104 GPU with 7680 CUDA cores, 12GB of GDDR6X memory clocked at 21 Gbps, and a TDP of 285W.
But the kicker here is, these cards are set to arrive when the semiconductor shortage that blighted everything from new graphics cards, PS5 restocks and Xbox Series X restocks, to car components, has eased off considerably. And a huge collapse in GPU-powered cryptocurrency mining, thanks to the likes of Ethereum dropping in value, means there’s less of a feverish appetite for new GPUs.
As such, that means there’s likely to be a greater chance of getting the new graphics cards at their retail value, something that wasn’t possible for the RTX 30-series, and even today you’ll find the likes of the RTX 3080 at inflated prices.
So all this leads to the question of whether you should be ready to upgrade to a GeForce RTX 3080 or other RTX 40-series cards that are likely to arrive as 2022 gives way to 2023.
Nvidia GeForce RTX 4080 Price and Availability in 2022
The Nvidia GeForce RTX 4080 price starts at $899 for the 12GB memory option, and the 16GB memory option is priced at $1,199 MSRP (Founder’s Edition). The RTX 4080 series will be available in November 2022.


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‘Final Fantasy XV’ Release Date For PS4 And Xbox One: Square Enix announced that Final Fantasy Type-0 HD has now shipped over 1 million copies worldwide.
Cumulative shipments of Final Fantasy Type-0 HD has surpassed over one million units worldwide,” Square Enix wrote on the official Final Fantasy Twitter page.
Square Enix shipped over a million copies of Final Fantasy Type-0 HD, which was bundled with a demo for Final Fantasy XV, worldwide.
Final Fantasy Type-O HD was released last month on the PS4 and Xbox One.
The new edition is bundled with a demo of Final Fantasy XV titled Episode Duscae.
Game director Hajime Tabata told Famitsu magazine that Square Enix was working on “Final Fantasy XV” before the title was integrated with the Luminous Engine.
Square Enix also confirmed that the next Active Time Report will be scheduled on April 28th.
PlayStation Lifestyle wrote that HexaDrive is providing technical support for the soon-to-be released RPG game.
This is not the first time that HexaDrive will work with Square Enix on “Final Fantasy” title.
They worked together on “Final Fantasy Type-0” which dropped last month for PlayStation 4, Xbox One, as well as PlayStation Portable.
“We are making this for the gamers who have been waiting since the game was Final Fantasy Versus XIII,” game director Tabata told Famitsu magazine.
“But, this is not the exact same game.
The director is different, and the platform was switched to the current gen.
And because the platform has changed, there were things we had to re-evaluate, like what we can and cannot do or even what we have to do.
The various circumstances are different.” Attack of the Fanboy reported that 70 percent of gamers who played the “Final Fantasy XV” demo loved it.
“In regards to the Final Fantasy XV demo itself, he said over 70 percent of players that answered the survey were either “satisfied” or “very satisfied” wrote Attack of the Fanboy.


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Sustainable Doesn’t Always Mean Expensive: How The Container Store and Mars Are Weaving Greener Business
by Stewart Wolpin
Most people wants to save the planet, to act ecologically morally, to act responsibly for the sake of current and especially future generations. But how much will ESG (environmental, social, governance) cost CPGs, retailers, and consumers? How do companies avoid green-washing or mere performative box-checking, or act cultishly without considering consequences? How do the positive or even negative impacts of sustainability efforts even get measured?
Panelists at a League of Leaders meeting last week at the Amazon Ads Building in New York brought rhetorical and real-world receipts to counter some of today's most common ESG concerns.
“Profit without purpose is not meaningful, and purpose without profit is not possible,” posed Carol Van Den Hende, global VP of digital transformation for Mars, quoting her company’s recently retired CEO, Grant Reid. “It’s not that sustainability is something separate. It’s actually woven into the way we think about business. As we help the company perform better, we’re able to invest more in positive societal impact, which drives trust and partnerships.”
The League of Leaders is a cross-functional gathering of business and IT leaders in retail and consumer goods who meet quarterly to exchange ideas on a range of trends. Learn more about how to get involved.
Many companies believe that their costs will rise if they add sustainability elements, costs that they’ll have to pass on to unwilling consumers. Not only did panelists demonstrate that ESG efforts actually save CPGs and retailers money in the long term, but that customers are willing to pay for sustainable products.
Ezhil Mani, VP of strategic growth and innovation for Infosys, cited examples of ESG efforts from companies to vividly illustrate that “not all sustainable things means it’s going to be expensive. In the long run I think it is going to make it more economical.” Mani also promoted “green IT,” noting that “IT emits more carbon than the airline industry. That is not good, and is only going to continue to grow.”
Mani described the results of a recent McKinsey and Nielsen study of 2017-2022 sales data of 600,000 SKUs across 40,000 brands and roughly $400 billion worth of transactions, divided between products bearing sustainability labels and those that didn’t. “Very clearly, the products that have sustainability tags are selling better, and the customers are willing to pay more money for it.”
Getting commitment on ESG efforts should become easier. Judy Moon, VP of market development and strategic sales for Digimarc, related what she heard from C-suite executives at the recent Consumer Goods Forum in Kyoto. “There is CEO level commitment to help tackle this [sustainability] problem,” she reported. “It’s no longer a cultish thing, it’s not the box we want to check off anymore. It is a main issue that CEOs are now focused on.”
Sustainability isn’t just for big companies, and it does require patience. Ivet Taneva, senior director of ESG for The Container Store, cautioned companies not to be afraid if they’re just beginning.
“Two or three years ago we didn’t have a strategy put together,” she noted. “Just because we’re a smaller company we always would like to do better, better the environment and for people in the communities that we operate in. But, again, I could not emphasize enough: It’s a journey.”
To the panelists, the consequences of not acting are clear, both from a moral as well as a business point-of-view. Moon recounted a candid conversation with her 21-year-old daughter, in which the college junior scolded her mother, telling her that the elder Moon’s generation was f-ing up the planet, and they were going to have to live with it.
“Frankly, I don’t know how many of you have children. But it’s not just for businesses, it’s not just for government. It’s for all of us, because, honestly, nothing else matters if we don’t have a sustainable planet,” said Moon. “I think that’s pretty clear.”
This story originally appeared on CGT, a sister publication of RIS News.
The company’s new M0.0NSHOT hightop sneakers use specially sourced materials to achieve a carbon footprint of net 0.0 kg CO2. Allbirds is calling on the rest of the fashion world to copy its method and is giving away the “recipe” for public use.