“The failure of business to adopt enterprise content management is destroying the American system of justice,” says attorney Ralph Losey. Losey says that many companies today when confronted with allegations simply decide to pay to cough up a settlement fee, rather than to even attempt to defend themselves, because of the huge sums that are needed for the e-disovery component of the defense.Litigants today spend, on average, $10 million per lawsuit in e-discovery costs. Fannie Mae, for example, was supoenaed to deliver all documents that contained any from a list of 400 keywords. That resulted in them searching for and turning over 660,000 emails at a cost of $6 million. Review costs typically range from $3 to $10 per file.ECM could certainly be used by these companies to drive down the costs involved in the discovery process. The money saved on a single lawsuit, had companies been more proactive, could easily have been better used to have put into place a sophisticated content and data management software. And those ECM system can deliver benefits that extend well beyond being prepared for a request for e-discovery.
in recent years, with the vigorous development of domestic e-commerce, more and more B2C platform began to appear, the Jingdong, suning.com appliances mall, Dangdang books, clothing category of excellence, where customers have become the industry model of Dudangyimian in e-commerce platform, various categories of luxury websites have come. However, at the same time in the luxury industry booming, due to the high price difference and the shrinking of overseas markets, as a buyer’s user has become a scarce resource.
survey by the Ministry of Commerce, the five categories of products, watches, bags, clothing, wine, electronic products, 20 brands of high-end consumer goods, the mainland market is about 45% higher than Hongkong, 51% higher than in the United States, 72% higher than in france. The difference in the price of luxury goods market, it should be said that the international market is normal, but it is not fair for china. This is the result of three main reasons: one is the multinational company’s distribution system, pricing system differences; two kinds of domestic brands is relatively small, consumer choice is less; the three part is relatively high brand comprehensive import tax rate. In addition to unfair to consumers, the spread not only led to an underestimation of China’s imports, but also to a large number of Customs Tariff loss. Although this issue has caused concern at the government level, but the specific reasons and solutions, are still subject to policy coordination and cooperation. This also reflects the price factor from one side of the user becomes a scarce resource.
as the world’s largest luxury goods market in Japan, suffered heavy losses due to strong earthquakes and tsunamis, leading directly to the major luxury goods providers face user bottlenecks. According to foreign media news, in Japan with 57 stores MOET & CHANDON Hennessy Louis Weedon group (LVMH)’s luxury bags brand name (LV), has stopped selling 23 stores. In addition, Prada (Prada), Chanel (Chanel), Cartire (Cartier), GUCCI (Gucci) and other luxury brands have closed their doors in different degrees. Coupled with the power consumption on subsequent Japan for luxury and desire for consumption is expected to decline, the future how to boost the Japanese market is a major problem placed in front of the luxury goods business, or will shift the focus to explore emerging luxury market.
global management consulting firm McKinsey report predicted that by 2015 China’s luxury market will surpass Japan to become the world’s largest luxury market. The impact of the earthquake on the Japanese luxury market is all aspects, which will accelerate China to become the world’s largest consumer of luxury goods.
domestic white-collar is the greatest demand for luxury goods group, and the number of white-collar workers is relatively limited, the scarcity of resources, how to promote more people into luxury goods will cause thinking more extensive industry. High discount price advantage share network relying on massive luxury brands and 3-7%, is the market leader.
it is understood that in the supply chain, the network has the best investors in Europe to provide nearly 500 brands in North America, with a total of more than and 50 suppliers and the generation of 300
Load More Big trouble in little China Casino magnate Pansy Ho is set to defend the actions of the Hong Kong government in response to recent city-wide protests in a speech to the United Nations Human Rights Council this week – the first time one of Macau’s top casino executives has issued any definitive opinion on the issue.Details of Ho’s speech, to be delivered on behalf of the Hong Kong Federation of Women in Geneva on Tuesday, were obtained by the South China Morning Post with the 57-year-old describing the controversial extradition bill that prompted the protests as “well-intended.” RelatedPosts Lack of premium mass strategy begs questions of SJM’s Grand Lisboa Palace launch: analysts Making reference to a high-profile 2018 murder case in which a Hong Kong citizen who fled back home after allegedly killing his girlfriend in Taiwan couldn’t be prosecuted, Ho will reportedly accuse radical protesters of hijacking the issue and using it as “propaganda to undermine the Hong Kong government’s authority to protect the rights of one of its citizens even in her death.”Expressing concerns over the “damaging impact” the protests could have on Hong Kong in the long-term, she will also defend the actions of police in the wake of recent footage showing clashes with protesters and the use of tear gas.“Tear gas and rubber bullets are tools used by police forces around the world, and are not unique to the Hong Kong police,” Ho says in her speech. “Used according to law enforcement procedures, tear gas and rubber bullets are an effective way to create a distance between the police and the protesters, and to avoid close physical confrontation and resulting injuries.”While the South China Morning Post said it was unclear if the speech has been endorsed by Beijing, it represents a significant political move by Ho given that the re-tendering of Macau’s casino licenses is less than three years away.One of the Macau gaming industry’s most influential figures, Ho is Co-Chairwoman and Executive Director of casino concessionaire MGM China, of which she holds a 22.49% stake, and a key member of the consortium that owns 53% of Sociedade de Turismo e Diversões de Macau, SA (STDM). STDM in turn owns 54% of SJM Holdings, another of Macau’s six concessionaires.Ho is also Group Executive Chairman and Managing Director of Shun Tak Holdings, which owns ferry operator TurboJet and has interests in an array of business and residential developments across Macau. She is ranked number 10 on IAG’s Power 50 list of Asia’s most influential gaming executives. Ferry service provider TurboJET falls into loss as Hong Kong protests, bridge opening impact key Macau route
Great Smoky Mountains Association had its best year ever for both sales and membership income in 2016, Executive Director Laurel Rematore reported this week, allowing the association to contribute more than $2 million in support to Great Smoky Mountains National Park last year.“We continued our focus on retail sales, publications and customized product development, and membership development, throughout the year,” she said. “And just when we thought we’d end the year with no major events to mention – other than record-setting visitation – we experienced the late November wildfires that shut down the park for several days and destroyed nearly 2,500 structures in Gatlinburg.”GSMA immediately responded to the tragedy and successfully raised more than $200,000 from GSMA members and others to assist park employees, volunteers, and affiliates who had lost their homes, she continued.Despite the wildfires, some 11,312,785 people visited the Smokies in 2016, which was likely influenced by low fuel prices, an improving economy, and the “Find Your Park” multimedia campaign to mark the NPS Centennial. As operator of the park’s visitor center stores, GSMA, in turn, also experienced a record-setting sales year.GSMA’s aid-to-park funding in 2016 was $2,005,787, she said, capping another strong year of support. The association’s contributions to Great Smoky Mountains National Park fall into three broad categories: cash donations, which are provided for a host of educational, historical, interpretive, and scientific projects; in-kind services, which is primarily labor expense; and publications and digital media, which include development costs and free publications.In-kind services totaled $780,906 and included salaries for staff at eight park visitor centers and publications development costs, including free publications, such as Smokies Guide newspaper and pre-press costs for sales publications.Special projects funded by GSMA totaled $862,167 and included:$18,251 – Bear collars, which allow researchers to track bears that may be obtaining human-related food.$13,350 – Law enforcement interns who help park rangers encourage the public to enjoy the park safely.$137,557 – Resource Management and Science interns who help rangers manage wildlife and fisheries, develop GIS maps, save hemlock trees, monitor air and water quality, and many other tasks.$900 – Cades Cove Bicycle Patrol. This award-winning group helps keep bicyclists and wildlife safe in the park.$50,400 – Cades Cove fence repair and maintenance. Repair of historic fencing to discourage vehicles from driving in Cades Cove fields.$8,000 – Cades Cove viewshed field management. Mowing fields to maintain wildlife viewing and historic appearance of Cades Cove.$5,000 – Alfred Reagan Tub Mill Repair. This historic, water-powered grist mill is now operational for the first time in decades.$3,000 – Cataloochee field management. Mowing fields to maintain wildlife viewing and historic appearance of Cataloochee Valley.$26,996 – Centennial Ambassador Program. Staff to communicate the park’s Centennial messages to the public and neighboring communities.$1,000 – Centennial Hike 100 Smokies Challenge Pins. A special reward for hikers who accomplished the goal of hiking 100 miles in the park in 2016.Funding for the park’s interpretive operations totaled $204,881 and included special events, festivals, and interpretive demonstrations, including the Spring Wildflower Pilgrimage, Music of the Mountains, Mountain Life Festival, sorghum molasses making, and library supplies and materials. A specific breakdown includes:$50,996 – Backcountry Information staff$43,307 – Library staff$33,427 – Living history demonstrators$13,019- Library operations$28,573 – Parks as Classrooms Coordinator$35,560 – Special events and demonstrationsLast year’s $2 million donation brings GSMA’s total contribution to the national park during its 64-year history to $37,618,810.