Hummer – Thang Nguyen 555

06/09/2011

Trading down: Gap to Goodwill

You know how good the economy is by seeing how many Hummers are on the street. But we 2.5 per cent growth 1Q 2013, we go from Hummers to Hyundai, from Gap to Goodwill. With 90% debt level, half-a-million debt per man woman and child, trading down is the least of our worries (Patriotic millionaires asked to pay more tax,…

Time to change

Change bears a different connotation to different people. In the 60’s, change threatened the status quo (Hell No, we won’t go). It’s inevitable that we need to adapt (from jukebox to boombox, from paper-back book to e-book). A few years from now, we would rather be dead than getting caught carrying a hard-back book (today’s…

It’s a good IKEA

A billion+ prospects. Wow! http://www.latimes.com/business/la-fi-china-ikea25-2009aug25,0,3900096,full.story IKEA in China. More a theme park then a show room. They try, they buy. Today it’s the A/C and ambience. Tomorrow, it will be CHIKEA everywhere (not only the font, but spelling change as well!). One thing China does well is to mass-produce these household items on the scale…