...May 3, 2012 12:55 pm Nestlé to open third Nespresso factory By Haig Simonian in Zurich Nespresso, the fast-growing premium coffee brand owned by Switzerland’s Nestlé, on Thursday brushed off fears of rising competition for high-margin capsules with plans for a third factory to boost output to meet surging global demand. Nespresso, whose sales grew by about 20 per cent to SFr3.5bn last year, said it would invest SFr300m on a new plant in Romont in the Swiss canton of Freiburg. The factory will be similar to the second Nespresso plant at Avenches, built and then swiftly extended to relieve pressure on Nespresso’s original production site. “Some 25 years after creating the portioned coffee segment, the third Nespresso production centre will provide the capacity needed to sustain growth in Europe and develop our brand globally.” said Patrice Bula, Nespresso chairman. The new plant, to cost SFr300m and create more than 400 jobs, is expected to start production in the first half of 2015. Nestlé does not reveal financial data for Nespresso, other than a rounded annual sales figure. Analysts believe the business, which effectively created a new market segment around the world, is extremely profitable, with margins of more than 25 per cent. Nespresso’s success, boosted by clever advertising featuring US actor George Clooney, has however prompted growing competition, most recently form Starbucks. The US coffee group last November launched a single cup coffee system, initially...
Words: 322 - Pages: 2
...Harbour City Wharf ’s business began in a wharf and godown in Tsim Sha Tsui in 1886. Urbanisation provided the defining opportunity for Wharf. The redevelopment of Harbour City turned Canton Road from a dilapidated street nobody dared to visit after sunset to the most high traffic focal point of TST today. T H E W H A R F ( H O L D I N G S ) L I M I T E D A n n u a l R e p o r t 2 014 15 BUSINESS ASSETS 169,074 9,550 HK$ Million GROSS REVENUE HK$ Million OPERATING PROFIT 7,474 HK$ Million 16 T H E W H A R F ( H O L D I N G S ) L I M I T E D A n n u a l R e p o r t 2 014 An international retail landmark, Harbour City takes a 7.1% of Hong Kong retail sales and sets new records in sales and retail revenue every year. 17 T H E W H A R F ( H O L D I N G S ) L I M I T E D A n n u a l R e p o r t 2 014 Business Review HARBOUR CITY BUSINESS ASSETS 2014 HK$ Million 2013 HK$ Million Change Properties (at valuation) Hotel and club* (at valuation) Other assets 159,700 8,420 954 137,770 8,340 1,067 +16% +1% -11% Total business assets 169,074 147,177 +15% As at 31 December * Hotel and Club are stated at cost less depreciation in the financial statements. GROSS REVENUE 2014 HK$ Million 2013 HK$ Million Change Retail Office Serviced Apartments Hotel and Club 5,674 2,121 301 1,454 4,909 1,885 305 1,372 +16% +13% -1% +6% Total gross revenue 9,550 ...
Words: 1560 - Pages: 7
...Life span development is a study into a person’s life. The type of person, the person’s traits and what makes him or her different is the building blocks of a person’s personality. This paper will introduce the study of the life span and personality of shock rocker Marilyn Manson. It will be discussing Manson’s environmental development. It will discuss the moral psychological development, social support, and family support of Marilyn Manson. Each area helped in molding Manson and gave Manson adjustment to his life. It will show how his morals differ from societies morals, and how he was and still is perceived in society as a “Shock Rocker.” Marilyn Manson was born Brian Hugh Warner, January 5, 1969 in the town of Canton which is in the state of Ohio, to Hugh, and Barb Warner. At a tender age of five Manson entered in the Heritage Christian School. At this time Manson became instilled with fear, and became terrorized by the Christian school. The Coughlin (n.d.) website states he believed he was cheated and abused due to the teachings of the arrival of Christ and the apocalyptic conspiracy theories preached at his school. To complicate Manson’s childhood Manson suffered molestation from a neighbor and did not inform his mother for a long time of the molestation. Manson’s environment was at first church and family. Going to a faith-oriented school Manson was educated about how he would be damn for his sins, which made Manson fear religion. As stated by Coughlin (n.d.),...
Words: 332 - Pages: 2
...Project About: “ Travel And Tourism of Switzerland” Flag: It may be hard to believe but the famous white cross on a red background has only been the national flag of Switzerland since the 19th century. The origins of the flag, though, date back to 1339 and the historic Battle of Laupen, when Confederate soldiers began using the white cross as their field sign. History: Switzerland evolved over many centuries from a loose alliance of small self-governing towns and states, beginning with the confederation of Uri, Schwyz and Nidwalden in 1291, to a fully-fledged federal state of 26 cantons. Despite periods of political, social and religious unrest, unity prevailed in the Old Swiss Confederacy. However, the French invasion of 1798 was to be a turning point in the country’s history, ushering in the first of several changes in government – the short-lived Helvetic Republic – that would continue until 1848. The birth of modern-day Switzerland was accompanied by the creation of a federal constitution that laid the permanent foundations for national cohesion and the pursuit of the common good, while upholding the country’s cultural and linguistic diversity Much of Switzerland’s landscape is covered by mountains – apparently inhospitable terrain for human habitation. And yet the routes across the Alpine and Jura mountain passes have brought in people and goods since prehistoric times. The Swiss Plateau, which stretches from Lake Geneva...
Words: 10781 - Pages: 44
...Business hierarchy in Switzerland The Swiss appreciate sobriety, thrift, tolerance, punctuality and a sense of responsibility. This is reflected in the way they do business. The business climate is very formal and conservative and companies are structured in the traditional vertical manner. The culture of companies can vary somewhat, depending on whether they are in the German, French or Italian areas of Switzerland. Overall, one can say that decisions are taken at the top of the organisation. In most organisations employees have little responsibility, although this differs from one company to another. The many international companies in Geneva have a more American management culture, they are less hierarchic and employees hold more responsibility. Strategy Generally, the management of an organisation is at large responsible for the planning. Most companies use detailed planning with a tight schedule, although organisations in the French and Italian areas may have a more laid-back approach to strategy. Most of the planning is long term. Swiss business meetings Meetings are generally impersonal, brisk, orderly, planned and task-oriented. It is important to prepare yourself in advance of a business meeting. The Swiss tend to get right down to business after a few minutes of general discussion. Be aware of the fact that non-verbal communication, such as body language, is very important and varies from region to region in Switzerland. Note that organisation,...
Words: 822 - Pages: 4
...Cumberland Farms when you go to Cumberland farms website, it automatically pops up with this sign that says “the taste test was close but, the price is not” It is a picture of a Dunkin Donut’s coffee and a Cumberland Farms coffee sitting side by side. They have comments on their front page about what other customers have said about the difference between their coffee and dunkin donuts coffee. People cannot believe that they taste almost the same but are paying for a more expensive coffee at Dunkin Donuts. Some of the comments were “really??? That is a shocker and that is kind of any eye opener”. They even have a video of people drinking the coffee it is a blind taste test and the people are saying that they prefer Cumberland Farms coffee...
Words: 2106 - Pages: 9
...First Paper The traditional retail model has focused on finding high-margin, high-volume products or services because limited space means reduced space inventory. For example, organizations such as Walmart select the biggest hits from the broadest genres, called the “short head.” The short head means Walmart will only carry a select mix of country, pop, and rock that is calculated to provide the greatest cost/benefit. The business model of Amazon is different. Amazon provides the short head but also provides the “long tail” of more than 100,000 different audio selections. The competition for customers between the Walmart and Amazon marketplace is profoundly changing the face of retail business today. Using the assigned reading and the Argosy University online library resources, find at least three scholarly articles that address similar current trends related to e-business and how e-business is changing the face of businesses today. Using your company or a real-world example from your research, respond to the following: * Describe how technology is changing the face of businesses today. * Describe the most critical business processes that utilize information systems in your selected company. * Explain how IT makes the company’s business processes faster, cheaper, more accurate, and customer-savvy than that of competitors. * Cite at least three sources found in your online library research. Give reasons and examples from your research to support your responses...
Words: 276 - Pages: 2
...The changing of the Hong Kong idols popularity in 80’s to 90’s and now From the 80’s to 90’s, it was the great moment of Hong Kong entertainment industry. Hong Kong’s idols were very popular, because of their competent, for example, Leslie Cheung Kowk Wing. He was not only popular in Hong Kong, but also in Asia and the world. Leslie Cheung was the first foreign artist to hold 16 concerts and got the best artist in Japan. Also, he was the record holder as the best-selling C-pop artist in Korea. His record had not broken by others. However, it changes, the idols in Hong Kong are not popular as than the Japanese and Korean idol nowadays. In can be seen from the charts 2.1that the about half of our interviewees like to listen the Korean music. 36% of them like the Japanese music. But only 16% of them like Canton pop. In addition, there are only 11 of interviewees, their idols is from Hong Kong. However, compare to Japan and Korea, there are around 39 of interviewees’ idols from Japan and Korea (Figure 2.2). The most interviewees said the reason why they like Japanese idols and Korean idols more Hong Kong idols is that they were multifaceted development (Figure 2.3). Most of idols from Japan or Korea, they are not just only well in singing, but also well in dancing, drama, films and host. For instance, Arashi and Super Junior are the popular idol group from Japan and Korea. However, look back to Hong Kong idols nowadays, the idols seldom doing the music, film, drama and host...
Words: 592 - Pages: 3
...The sun threw itself in the air as it rose through the darkness that had shadowed the whole area, soon replacing the coldness and sadness with warmth and happiness. Birds flew in the air after lying low from the darkness, chirping loudly as they felt alive and free once again on the winter day, The sea sparkled in the welcoming sun, swishing and swaying with joy, softly so that it wouldn’t distract anyone that was sleeping. Greenery swished in the breezy wind, the sky filled with blissful clouds, everyone outside with joy. Except me. That was the only thing keeping me alive in my compact room. The window shined with pride, the darkness fighting it with anger, trying to get rid of it, pausing as the curtain flew and covered most of light before it shone again. The beam reflected on my mirror, lighting the whole room, the darkness holding on to the last piece till finally it flew off. My room ached with delight as it finally shimmered in the warmth, the door finally getting the food it wanted as it could not reach before for it because it was shut tight away from the chilling darkness as if the sun was right inside my house. “I will be free, I will be free, I will be free…” I muttered to window as I stared at it, not blinking as if there was a staring contest going on, not noticing how suddenly my room had lit up and that the door was slowly, silently creaking open. A shadow appeared in front of me as it pushed me back from the window, realizing that someone was in my...
Words: 500 - Pages: 2
...A) Write about the techniques Tennyson uses to tell the story in Tithonus The purpose of this essay is to discuss narrative methods and techniques used by Tennyson to tell the story in the poem Tithonus. Tennyson uses the theme of light to effectively illustrate the intense love Tithonus felt for Aurora but simultaneously this also highlight the love Tithonus will never feel again. This is shown by constantly mentioning the East where the sun rises, and also by the words ‘Thy sweet eyes brighten slowly….yet they blind the stars’- by saying her eyes blind the stars Tennyson could also be saying how he (Tithonus) too was at one point blinded by his love for her. The use of imagery within the poem like ‘glimmering’ and ‘lights’ gives readers the idea that his life was happy with her in it yet, the contrast of language, ‘gloomy’, ‘shadows’, ‘twilight’ underlines the fact that he is no longer joyful as he is now without her. Another reason we could argue that he is no longer happy is that he may be envious of how she is immortal and forever youthful but he is immortal but consistently aging; this interpretation is supported by the continuous mentioning of immortal youth ‘To dwell in the presence of immortal youth, Immortal age beside immortal youth’. Also the use of the word twilight suggests that Tithonus state is that he is caught in the middle, forever watching the circle of life without him in it – ‘the woods decay…dies the...
Words: 256 - Pages: 2
...in the 21st Century. She gets in her car and immediately turns on her favorite pop radio station on the way to work. Her friends from college invite her to a party after her shift ends, and she invites a few friends as well. In the car on the way to the party, while chit chatting over upbeat background music, one of them exclaims, “Oh! I love this song!” One of them turns the volume up and they all sing together to the catchy tune and the easy words of “Young, Wild, and Free” by Wiz Khalifah, “Roll one. Smoke one. When you live like this you’re supposed to party…” This line in the song is extremely easy to learn because it has been repeated several times in less than three minutes, and is set to the sound of a catchy tune. Perhaps pop music has been designed to fit into this modern lifestyle, where one is always on the go, and wants to stay active and energetic. Who has time to really listen to what the song is saying if it has rhythm and is easy to sing along to? Without listening, we tune out the important form of expression that is musical lyrics, and this drop in emphasis encourages a lack of investment in song composition. American Pop music’s language is digressing to the point where it is more offensive, repetitive, and shallower than ever. Offensive language in modern pop music is becoming more normal. The modern American parent can be easily deceived by the “happy” nature of a pop song and think nothing of their eight year old listening to it, but after hearing...
Words: 1447 - Pages: 6
...An Analysis of A Bigger Splash painted by David Hockney The very famous painting, A Bigger Splash, was painted by David Hockney in 1967. It was painted with acrylic. David Hockney is known to be best British artist of his generation. In the painting A Bigger Splash, I first noticed the brilliant and vibrant colours that are in the painting. The colours stand out and catch your eye fast, but at the same time the splash also catches my attention very quickly. David Hockney was known for painting California swimming pools but in A Bigger Splash, he seemed to have changed and done less detail than in his previous paintings of swimming pools. In this painting there is a big splash but no figure to of switch made the splash. In the background, there is a home with two palm trees by the right side, and a sky, which seems to be painted the same as the swimming pool but with a lighter shade of blue. The only real item in the painting is the chair appears to be alone on which may be sand or even concrete. The painting seems to mainly consist of straight lines except from the splash. When not including the splash, the painting appears to be very flat. The splash appears to be a lot more detailed than anything else in the water. Thos also makes the splash stand out. The splash obviously is the main part of this painting because how much detail it has compared to the rest of the painting. Overall, I think this is a fairly good painting. I chose this painting because the colours struck...
Words: 304 - Pages: 2
...America's foremost portraitists. His best-known work, the unfinished portrait (Open Style Realism) of George Washington that is sometimes referred to as The Athenaeum, was begun in 1796 and never finished; Stuart retained the portrait, which he sold for $100 each. The image of George Washington featured in the painting has appeared on the United States one-dollar bill for over a century. His mentor was Benjamin West, travel to (1787) Ireland and UK returning to us in 1792. He live very extravagant life style had money problems. The Athenaeum (39 5/8” X 34 1/2”) 1796 (Lansdowne Portrait) manipulation of light & shade Roy Lichtenstein (October 27, 1923– September 29, 1997) was an American pop artist. (Realistic) attended Ohio State University, He was known examples of pop art, adapted a comic-book panel. George Washington (1962) oil on canvas 51” X 38”. Younger more glamour & success like a comic book hero no sense of brush strokes John Matos (known as Crash), Bronx, New York, Oct. 11, 1961) is an “Urban” graffiti artist. (His own subway style) His Art is a "visual link between street life and established society.” A very unique style like Jackson Pollock Arcadia Revisited (1988) Spray Paint on Canvas 96 ¼” X 68” Liner Quality overlapping gestures & unique color focal point is the eye /spark Jackson Pollock (known as Action Jackson) stick painter Action Painting...
Words: 257 - Pages: 2
...Good morning to Miss Liana and fellow classmates, my name is Chua Wen Yee and the topic I’m going to talk about today is K-Pop. First of all, I’ll start off with some basic facts. K-Pop is a musical genre originated from South Korea. The pioneer of K-Pop is Seo Taeji and The Boys, which one of the member is the CEO of YG Entertainment, home of Big Bang and 2NE1 now. K-Pop was strongly criticized by a lot of people, including me. However it has been rising day by day and not only conquered the Asia music market but it is also globalized in the sense that there are K-Pop fans all over the world. According to my research, in year 2012, 68 K-Pop groups made their debut compared to 12 in year 2008. From hate to love, from critics to praise, how does this happened? I think everyone of you definitely has a friend who is a hardcore K-Pop fan. Most of you must have suffered a lot because they like to share their K-Pop information and ask you to watch funny videos very much. Thanks to them, you’ll slowly found out that you are starting to love K-Pop and soon you’ll become one of them. Seriously, some of you may wonder why people love K-Pop so much? The reasons are simple. First of all, the songs are really nice. There are three main components in a song, melody, choreography and visual. Catchy and repeated chorus is one of the reasons why K-Pop songs can be viral and popular. For example, “Wow, fantastic baby”, “because I’m shadow, shadow, shadow”, “bwara Mr. simple simple” or “I...
Words: 1361 - Pages: 6
..."Jack, I’m cold” said Rose. Jack said, “It’s ok Rose just hold on just a bit longer, a boat is bound to come back.” Ok Jack I trust you” said Rose. Just then Jack thought of an idea. He said “Rose, stay here I’ll be right back,” and he started swimming to dead bodies, and every time he got to a dead body he took the life jacket from them. He also took an oar that someone had abandoned. Pretty soon Jack had five life jackets and an oar and he swam back to Rose. He gave Rose the oar and said, “Okay Rose, “I have some life jackets, I’m going to put them under the door so we can both get on but I’m going to need a part of your dress.” Okay, Jack,” said Rose, and she tore off a piece of her dress and gave it to Jack. He took the dress and started to tie the life jackets together. He put them underneath the door and secured them to the handles of the door. He said, “Rose, the door should be stable. I need you to hang on to the door while I get on.” “Okay,” said Rose.” Rose grabbed the handles on both sides of the door and Jack got on. Jack started to push the door with the oar. He saw a dead man and took his life jacket. He put the life jacket on and started to push the door away from the wreckage to try to get to a boat. “Rose,” he exclaimed! “I see two boats; they are coming back!” He started to yell trying to call the boats over. Someone in the boat shouted “Survivors, on that door!” Rose had fainted, so Jack rigorously shook her to try and wake her, but it was no use. He took...
Words: 1153 - Pages: 5
