Saturday, October 9, 2010

Boycott Unilever

Today I met someone who works for Unilever and suddenly, this brings back my unhappy memories of the company. I have been boycotting Unilever for nearly 5 years now! Since I last blog about it – my posting dated October 22, 2008 – I am still pissed about this company. Maybe I have an elephant’s memory or maybe, I cannot forget my Cornettos! Never mind – I have stayed away from Wall’s ice-cream (and also other Unilever products) and I should have gotten used to it!

China remains a magnet for international businesses. The latest business to go on a big expansion drive in the country is MNG or Mango – at least according to The Malaysian Reserve (October 07, 2010, p 27). This closely-held Spanish clothing retailer plans to add as many as 220 stores in China in 2011 – this means it aims to add one outlet about every day-and-a-half to its 100 stores – as it seeks to more than triple the proportion of sales it gets from the country in the next 3 years.

After all, China’s economy has expanded more than 90-fold in the past three decades, luring international retailers such as Wal-Mart, Carrefour and Zara. Mango, whose clothing is modeled by actress Scarlett Johansson, unveiled its first store in 2002, rebranded its MNG outlets there as Mango in 2005 and created a distribution hub in Shanghai in 2006 and it continues to confidently forge ahead.

Besides if tiny Singapore can have 15 outlets, China can obviously accommodate a lot more than what it has even anticipated!

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