SHISEIDO TARGETS GLOBAL GROWTH TO OVERTAKE TOP 3 COSMETICS COMPANIES

  • World News Today... daily headlines and abstracts
  • Shiseido Targets Global Growth to Overtake Top 3 Cosmetics Companies
  • 5 More South Korean Companies Approved to Invest in North Korea
  • Hyundai & Daewoo Back Kia Steel
  • USA Automobiles Contribute 5% to World's Global Warming
  • San Miguel Beer Sales Strong In China and Vietnam
  • Thailand Focuses on Tourism to Improve Economy
  • BBC to Broadcast to the West Bank in Arabic
  • German TV Ad Prices to Increase
  • Take the Marketing Insights POLL
  • Share Your Thoughts About the NEWS
  • Last Minute Travel Bargains -- Discounted Air Fares
  • Upcoming Events Calendar -- conferences, trade fairs, seminars -- also add your own events!
  • Search the news by key words -- thousands of topics!

    Up to of
    Search Help available.
  • check back for more news this month!
  • .....check back for more news this month!
  • Tokyo, JAPAN -- Shiseido Co. Ltd., Japan's largest beauty products company is set on expanding globally to become one of the world's top three cosmetics companies by the Year 2005. Today, it ranks 4th. With steady growth in recent years, they plan to significantly boost sales to US$6.77 billion through a five-year global expansion plan. The plan calls for a sustained annual growth of 30% in existing overseas marketing. Today, the world's three leading cosmetics companies are The L'Oreal Group, Procter & Gamble Co. and Unilever. At fiscal year-end, 3/97, overseas growth was 28%, with total international sales of US$546 million. Shiseido's business has shown growth through increased assets (i.e. they added Helene Curtis Industries Inc. hair salon plus a Carter-Wallace Inc. skincare products plant) and future plans include expansion into new markets such as Vietnam and Colombia. Shiseido is planning to launch a new skincare and make-up line in the Fall that targets Asia's rapidly growing middle class. The Asian market demand for cosmetics is expected to grow by $1 billion annually, with China demonstrating the greatest growth potential.

    We should expect to see Shiseido's growth throughout Asia, the USA and in Europe, France, in particular, which they see as a strategically important country as the center of fashion. Currently 38% of sales are from Europe, 34% from Asia and 20% from the USA. Plans are to increase their presence in Asia, capitalizing on their Asian expertise, with sales equal to about 40%, USA and Europe will each balance out at about 30%. Their global launch initiative includes forming regional headquarters in Europe, the United States and Asia.




    Search Site
    by key words
    FEATURE ARTICLES
    May 1995
    June 1995
    July 1995
    August 1995
    September 1995
    October 1995
    November 1995
    Vietnam - special edition
    December 1995
    January 1996
    February 1996
    March 1996
    April 1996
    May 1996
    June 1996
    July 1996
    August 1996
    September 1996
    October 1996
    November 1996
    December 1996/
    January 1997
    February 1997
    March 1997
    April 1997
    May 1997
    June 1997
    July 1997
    September 1997
    October 1997
    November 1997
    December 1997
    January 1998
    February 1998
    March 1998
    April 1998
    May 1998
    June 1998
    July 1998
    August 1998
    September 1998
    October 1998
    November 1998
    December 1998
    January 1999
    February 1999
    March 1999
    April 1999
    May 1999
    June 1999
    July/August 1999
    5 MORE SOUTH KOREAN COMPANIES APPROVED TO INVEST IN NORTH KOREA

    Seoul, S. KOREA -- Five South Korean companies were approved to invest in North Korea as part of an effort to improve relations between the two nations, according to the National Unification Ministry. Samsung Electronics Co., S. Korea's largest electronics company and Kolon International, a leading textile products manufacturer are among the five S. Korean companies. The other three companies include apparel and food processing companies. Early in August, officials of North and South Korea, the USA and China are meeting to begin peace talks between the North and South Korean nations.

    Until now, only 15 companies had approval to invest in the North. Of the now 20 companies with approval, only two have actually invested in the North for joint ventures. They are:

    • Daewoo Corp. -- invested US$5.12 million in a clothing manufacturer in N. Korea's western port of Nampo
    • Taechang Co. -- invested $5.8 million in a project to produce mineral water in the eastern province of Kangwon
    In addition to the business ventures, the United States pledged $52 million in food aid to the hunger-stricken North and S. Korea pledged $16 million . The S. Korean Red Cross pledged an additional $20 million worth of food aid.

    More information about S. Korea and N. Korea.



    HYUNDAI & DAEWOO BACK KIA STEEL USA AUTOMOBILES CONTRIBUTE 5% TO WORLD'S GLOBAL WARMING
    KOREA -- Hyundai Motor Co. and Daewoo Motor Co. have agreed to back Kia Steel. Kia Steel makes specialty steel and auto parts and presently employs over 2100 people. Kia's steel subsidiary has amassed more than US$1 billion in debts due to aggressive expansion of a specialty steel plant completed in April and a decline in domestic sales by its flagship Kia Motors Corp. They defaulted on bills due in June and are under bankruptcy protection for 2 months. The creditors demanded that Kia executives resign and that they sell off Asia Motors. Kia said they planned to sell off some subsidiaries of Asia Motors and absorb the remaining company into Kia Motors. No final decisions were made at this time. If all goes as planned, the three carmakers will have equal stakes in Kia Steel.

    Kia Steel is a subsidiary of Kia Group, S. Korea's eighth largest conglomerate, with 28 subsidiaries and more than 52,000 employees.

    Reader's Comments
    (Source: YOUR LINK HERE)

    USA -- Automobiles in the USA contribute about 5% to the world's entire carbon dioxide emissions which scientists believe is a key factor in global warming. No other country or energy sector in the world accounts for such a large share of this. It is estimated that with Americans' changing 'tastes' in vehicles [from the smaller ones (introduced during the 1970's energy crisis) to the now preferred larger Sport Utility Vehicles] that annual carbon emissions from US motor vehicles could more than double within the next 50 years. To counter this trend, we may see an increased focus on issues, such as increasing taxes (as an incentive to drive less), fuel production (cleaner fuels) and (smaller, more efficient) car design as well as marketing (attitudes and values). Today, Americans are driving bigger cars than they have in the past 20 years, with excuses of safety features, new and expanding Baby Boom generation families, etc. Meanwhile, the world's consciousness is raised concerning "green" issues and global warming.
    (Source: YOUR LINK HERE)
    SAN MIGUEL BEER SALES STRONG IN CHINA AND VIETNAM THAILAND FOCUSES ON TOURISM TO IMPROVE ECONOMY
    Manila, PHILIPPINES -- San Miguel Corp. (SMC), the Philippines-based beverages, food and packaging group reports significant increases in beer sales in Asia, despite posting an operating loss for the first half of 1997 (of US$18.2 million). SMC's beer sales volume grew by 12% in China (including Hong Kong) and it more than doubled in Vietnam. Nevertheless, profit was offset by heavy spending on distribution and brand development efforts, primarily in China. SMC's international beer sales revenues were up 3% to US$128.1 million. Sales were offset by a volume drop in Indonesia as a result of a soft market and production difficulties associated with the start-up of the new brewery. Domestic beer sales revenues also declined by 1% to US$454.9 million. There was a 5% drop in volume.
    (Source: YOUR LINK HERE)
    Bangkok, THAILAND -- Thailand's new tourism plan is expected to attract 17 million tourists and generate more than US$22 billion in revenue over the next two years according to the country's Prime Minister, Chavalit Yongchaiyudh. The government is counting on this tourism promotion plan to improve Thailand's economic troubles. In addition to attracting foreign tourists, native Thai's are encouraged to vacation locally and buy Thai products. Thailand is experiencing severe economic troubles including a sharp stock market decline, and a sharp devaluation of the baht, the national currency, due to private sector over-spending.
    (Source: YOUR LINK HERE)
    BBC TO BROADCAST TO THE WEST BANK IN ARABIC GERMAN TV AD PRICES TO INCREASE
    London, UK -- The British Broadcasting Corporation announced that they signed an agrement with Jordan Radio and Television. The BBC will reach around 2 million people in greater Amman, Jordan and parts of the West Bnak through its all day programming on FM radio in Arabic. In addition, the BBC will train Jordanian broadcasters in journalism and engineering.
    (Source: YOUR LINK HERE)





      [PANGAEA specializes in consumer marketing insights and integrates the full spectrum of business intelligence into thoughtful market launch strategies for its clients.]


    Berlin, GERMANY -- Germany's top television groups, ProSieben Media AG and the RTL network announced plans to increase the price of advertising on their stations in 1998. ProSieben prices are expected to increase an average of 4.5%; its second channel, Kabel 1 is expected to go up 6.2%. RTL, Germany's largest station, will increase prices an average of 5.5%, RTL2 by 2% and Super RTL by 24%.
    (Source: YOUR LINK HERE)



      NOTE: Reprints, downloads or copies of this issue are available for US$12.00 per copy, payable on the honor system to PANGAEA.
    YOUR COMMENTS
    Share Your Thoughts
    WORLD NEWS -- TODAY...
    daily headlines and abstracts
    Please let us know what you think about the Interactive Global NEWSTM newsletter. Tell us what you like or dislike about it.

    Is this the first time you are reading the IGN?
    YES NO

    Are you interested in contributing news or articles to PANGAEA.NET(tm) for future issues?
    YES NO

    Would you like to subscribe to the newsletter annually via e-mail/fax?
    US$120 email/fax (US only)
    US$135 fax (non-USA only) NO

    Please share your Comments/Questions:


    Thank you! [Press one time only]


    Feel free to share you comments with other readers in the Bulletin Board area. Please note that the Bulletin Boards are experiencing intermittent problems. If this is the case, send comments to bureaucrat@pangaea.net and specify "IGN Comments" in the subject line.


    Keep up-to-date on general global business news and trends as they occur -- updated 24-hours per day, 7 days a week. PANGAEA.NET members have further access to country- and industry- specific news everyday.

    TOPICS:



    LAST MINUTE TRAVEL BARGAINS -- Special Discounted Fares

    American Airlines' Net SAAver International offers last minute travel bargains for travelers departing from the USA. You can schedule a last minute meeting or a weekend getaway to selected destinations throughout Europe, the Caribbean, Central America or South America each week and benefit from these discounted rates.

    Through this program, you can fly at discounted rates, as long as you can plan to travel on short notice. These low round-trip fares are good for travel only on the dates specified. They expire on Fridays. Check back each Monday for the week's destinations!

    From Boston (BOS) to:

  • US$153 -- Bermuda, Bermuda (BDA)
  • US$279 -- London, Heathrow Airport, United Kingdom (LHR)

    From Chicago (ORD) to:

  • US$230 -- Mexico City, Mexico (MEX)
  • US$299 -- Stockholm, Sweden (ARN)

    From Dallas/Ft. Worth (DFW) to:

  • US$200 -- Cancun, Mexico (CUN)

    From Miami (MIA) to:

  • US$250 -- Bogota, Colombia (BOG)
  • US$409 -- Buenos Aires, Argentina (EZE)
  • US$138 -- Curacao, Netherland Antilles (CUR)
  • US$113 -- Grand Cayman, Cayman Islands (GCM)
  • US$349 -- La Paz, Bolivia (LPB)
  • US$300 -- Managua, Nicaragua (MGA)
  • US$200 -- San Jose, Costa Rica (SJO)
  • US$349 -- Santa Cruz, Bolivia (VVI)
  • US$125 -- Santo Domingo, Dominican Republic (SDQ)

    From New York Kennedy (JFK) to:

  • US$245 -- Aruba, Aruba (AUA)
  • US$179 -- Port au Prince, Haiti (PAP)

    Discover Puerto Rico:
    From $63 per person double occupancy
    Vacation Package includes - 2 nights accommodations; does not include airfare.
    [Vacation prices valid through January 20, 1998.]

    [Restrictions apply. Check with American Airlines for details.]

    To take advantage of these fares, you must depart on Thursday or Friday, September 4, 1997 or September 5, 1997. Thursday departures return anytime the following Monday and Friday departures return anytime the following Monday/Tuesday. Call 1-800-344-6702 and ask for Net SAAver International Fares to book your flight. Or subscribe to their mailing list for more information.

    You can also read the latest news about Travel & Tourism.

  • .....check back for more news this month!

    For more information about any of these topics in any foreign market, or if you would like an in-depth market study, contact PANGAEA, International Consultants. With an extensive network of marketing consultants, attorneys, ad agencies, research companies, logistics experts and more around the world, PANGAEA is uniquely qualified to offer hands-on, local marketing and management consulting services.

    (c) 1997 PANGAEACommunications. All rights reserved. Materials found on this website are for personal and non-commercial use; they are not for resale. No part of this domain or file (including but not limited to text, graphics, audio and video, utilities and other) may be directly or indirectly copied, rewritten, distributed, published, broadcast or disseminated in any medium in part or in whole without the express prior written permission of PANGAEACommunications

    Readers do not hold PANGAEA liable for any delays, inaccuracies, errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damage arising from any of the foregoing.

    This newsletter is available via e-mail or fax for US$120/year (USA and e-mail subscribers only) US$135/year (non-USA fax subscribers). Visa/MasterCard/American Express accepted. Contact us to subscribe.

    Reprints, downloads or copies of this issue are US$12.00 per copy, on the honor system.

    Internet Link Exchange
    Member of the Internet Link Exchange



    Updated 9/3/97
    visitors