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Nutrition expert and author of The Plan Lyn-Genet Recitas said, “Weight gain is nothing more than your body’s chemical reaction to food.”
For more than 30 years, Recitas has worked with holistic medicine and immune response and hormonal therapy to help thousands of women and men find easier, more efficient ways to lose weight and improve health and wellness.
Recitas’ assertion about weight loss is that many people might have more luck losing weight by eating potato chips and guacamole rather than eating celery sticks and hummus for the simple fact that certain foods cause certain reactions in the human body. For example, turkey, cauliflower and tomatoes are purported to be healthy and nutritious for everyone. However, when combined with a person’s unique biochemistry, these foods can become toxic and lead to weight gain, premature aging and inflammatory disorders, such as migraines, joint pain and eczema.
Recitas designed The Plan to teach people how to identify and eat the foods that made them well and to identify and avoid the foods that made them sick.
The Plan is a 20-day program through which people will learn how to identify their “friendly foods” and their “trigger foods,” which lead to weight gain despite healthy reputations. The Plan also boasts that individuals who complete the program will lose up to eight percent of their body weight and experience dramatic improvement to sleep, energy and digestion.
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- Short-term program designed for long-term lifestyle changes
- Carbs, calories and fat are not restricted
- Portion size is not restricted
- Individuals are encouraged to eat the foods that make them happy
- Exercise is limited to 30 minutes a day, four days a week
- Recipes, menus and meal planning are included in the program
- Individuals might quit after 20 days
- Individuals might want to eat reactive foods because of taste and deal with the discomfort
- Non-restrictive diet guidelines could lead to binge eating
- Exercise is not made a priority so individuals might not exercise at all
- Workout routines are not included in the program
Diet and nutrition in The Plan are not separated into good food and bad food. Instead, foods are considered “friendly” or “reactive.” A friendly food will not cause negative reactions in the body, but a reactive food might cause bloating, constipation or migraines as well as a number of other inflammatory illnesses. The Plan is designed to identify those reactive foods so individuals can avoid them, but first they have to be tested.
The Plan is divided into three phases:
- Phase 1 is a three-day cleanse designed to detoxify the body and create a neutral canvas for the next phase
Phase 2 is the testing phase during which an individual will test favorite types of foods and favorite restaurants to identify “friendly” foods and “reactive” foods
Phase 3 teaches individuals how to test on their own so they can create their own menus for their future diet and nutrition lifestyle
The ultimate goal of testing is for individuals to learn how to test foods themselves in order to identify which foods will make them feel well and which will make them feel ill.
Just like types of food must be tested to determine if they are friendly or not-so-friendly to the body, types of exercise must also be tested. The program advises that individuals should test various fitness activities as well as the length of time and the exertion used for each type of exercise so they can determine which are best for their bodies. Physical activity, however, is not recommended during the three-day cleanse.
In general, The Plan recommends that individuals should exercise no more than four times a week for no longer than 30 minutes a day for both cardio and weight training. Yoga is recommended not to be heated. The reasoning behind limiting exercise is that Recitas has seen individuals work their bodies so hard that the body refused to lose weight in case it was under unnecessary stress. According to the author, the body will retain fat and calories to feed the physical activity it is programmed to expect.
The Plan might only be a 20-day program, but it is designed with the ultimate goal in mind: Teach people to create their own personalized plan for health and wellness by using the lessons in The Plan’s diet and nutrition program. The Plan provides the information needed and the strategies to be implemented for individuals who want to follow the program to lose weight. After 20 days, individuals are on their own, but they have been prepared by The Plan to make friendly food choices and to eat and live well.
Plan Diet, Lyn-Genet Recitas Diet
- The Plan Diet
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posted Sep 16th, 2014 3:16 pmDawn News
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What makes the House of Chanel a successful fashion brand
By Maleeha Hamid Siddiqui
Updated Aug 27, 2014 07:26am
‹
›
The creative director of the house of Chanel Karl Lagerfeld with models showcasing his collection.
chanel KARACHI: The pioneer of the little black dress and the strategies behind the House of Chanel were the subjects of an in-depth presentation by Eric Touze at the Alliance Francaise on Tuesday. chanel bag The presentation began with a quiz on the hugely influential French designer comprising some basic questions — what year was her fashion house founded — and some challenging ones — what clothing did Coco Chanel not like for a woman. chanel aaa replica While people are aware of Chanel as a brand, however it is important to know the political and cultural context of the time in which Chanel created her unique fashion identity. It was the time of World War One that left a large number of widows and single women to fend for themselves. They entered the workforce and were looking for clothes that were simple and elegant. And it is during this period that Chanel entered and stamped her identity.chanel purses outlet Gabrielle Chanel was born in Saumur and had a difficult childhood mired in poverty. Her mother died when she was 12.
Left to fend for herself she became a cabaret singer in Moulins where she acquired the nickname Coco. According to Mr Touze this job allowed her to meet her first beau Etienne Balsan, a businessman and landowner, and through him she became a part of the social elite of the time. A talented woman with a natural inclination for fashion, she with Balsan’s help opened her first shop in 1909 that specialised in making hats. discount chanel handbags Apparently, it was the men in Chanel’s life who aided her in achieving her fashion goals as described in the presentation.
Her next man helped open her first boutique that was a huge success. The success of the boutique was also partly because she used wool jersey in creating clothes that hitherto was never done before. An interesting fact highlighted by Mr Touze was that till then wool jersey was used for inner wear and during the World War One a quota was issued for only this fabric cleverly used by Chanel to create her designs.chanel bags outlet stores It was a changing world indicated by artistic trends such as dadaism, surrealism, art deco and abstract art. And Chanel consorted with proponents of these movements and trendsetters like Salvdor Dali, Picasso, Jean Cocteau, etc, who incorporated some of her creations into their wardrobe leading to popularity of her designs. Successful business model Other than the men in her life, the Wertheimer family provided the financial capital to sustain her business. The business model of the House of Chanel generated derivative products such as costume and diamond jewellery. Interestingly, it was the perfume Chanel No 5 that was the most profitable venture of the House of Chanel. “Duke Dmitri Pavlovich drew the perfume bottle based on the model of vodka flasks of the imperial guard,” said Mr Touze. Since the 1980s the House of Chanel has under a strategy of internationalisation opened more than forty Chanel boutiques worldwide. It massively used actors and celebs in their ad campaigns including Marilyn Monroe, Claudia Schiffer, Vanessa Paradis, Catherine Deneuve, Winona Ryder, Nicole Kidman and Brad Pitt. Another strategy has been what Mr Touze labelled as the scarcity model in which a new brand of perfume is introduced only after every 10 years. Chanel’s legacy She introduced masculine colours in female wardrobe such as grey and navy blue to denote boldness of character. She revolutionised women’s silhouettes by creating functional clothes. She also introduced holiday wear inspired by sailor stripes. The sizeable audience was shown photographs of Picasso and the sacked French economy minister Arnaud Montebourg wearing the famous striped shirt. This style was later reinvented by the hugely talented Jean Paul Gautlier.Undoubtedly it was the little black dress, commonly known as LBD, that Chanel introduced in 1926 that made her a legend. Moreover, the suit popularised by the likes of Jacqueline Kennedy and opera singer Maria Callas also cemented her reputation as a visionary designer. This suit was later incorporated by Karl Lagerfeld who later on took over the House of Chanel. Tweed a traditionally masculine fabric was also introduced by Chanel into women’s fashion.Chanel’s controversial associations with anti-republican, anti-communist and anti-Semitic figures during World War Two threatened to obliterate her legacy. But after going on trial in 1944 for allegedly being an an agent of the Reich, she fled to Switzerland and staged a comeback with vintage suit, necklaces of black and white pearls, handbags with gold chains and a men’s perfume called Pour Monsieur. The Lagerfeld era After her death in 1971, The House of Chanel was in the doldrums till Karl Lagerfeld took over in 1983. Mr Touze gave a short backgrounder about the designer who informing the attendees that he previously worked for Chloe and Fendi.
“Lagerfeld always played second fiddle to YSL for some reason even though they were contemporaries.” Nevertheless, Lagerfeld appropriated the creative process of Chanel and gave a new lease of life to the House of Chanel. During the 1980s and 1990s, the House of Chanel branched into swimwear, eyewear and travel accessories. The presentation was followed by a documentary on Lagerfeld titled Lagerfeld Confidential. Published in Dawn, August 27th, 2014
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Chanel Iman & Jourdan Dunn Put Their Best Face Foward at the MTV VMAs 2014!
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posted Sep 16th, 2014 3:01 pmCrown & Caliber Launches Industry’s First App for Selling Luxury Watches
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posted Sep 16th, 2014 3:01 pmSwatch Smartwatches to Challenge Apple's iWatch and Android Wear in 2015
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August 26, 2014 15:41 BST
Swatch chief executive Nick Hayek is facing increased competition from smartwatches even before the launch of the iWatch. Reuters
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Smartwatches typically measure steps taken, distance travelled, and more recently have added the ability to measure heart rate and blood pressure.
The devices on the market at the moment include watches running Google's Android Wear software from Samsung, LG and Motorola as well as the Pebble smartwatches which work with both iOS and Android.
Related Why Have There Been No Leaked iWatch Pictures? Apple Shares Pass $100 Mark Ahead of iPhone 6 and iWatch Launches
These have so far have failed to set the world alight, but the launch of Apple's iWatch is set to give the market a significant boost.
As well as competing with smartwatches, traditional watch makers are being challenged by fitness trackers from the likes of Fitbit, Garmin and Jawbone, many of which tell the time as well as tracking your movement and sleep.
Plastic brand
While high-end watch makers have not been impacted as much by the introduction of smartwatches, Swatch makes 30% of its revenue from low- and mid-range devices which sell at prices similar to the current crop of smartwatches (£100 - £200)
Smartwatches could eat as much as 10% of sales of Swatch's entry-level plastic brand and 5% of its midrange brands in 2015 and 2016, said Luca Solca, an analyst at Exane BNP Paribas told the WSJ .
Swatch has seen its stock price slump in the last 12 months as analysts see it as the biggest loser if the smartwatch revolution takes off.
Related Microsoft Smartwatch Will Feature UV Sensor and Blood-Glucose Monitor
As well as Apple entering the market later this year, fellow tech giant Microsoft will launch its own smartwatch according to multiple reports.
Indeed Swatch and Microsoft previously collaborated to create one of the first ever smartwatches back in 2004, but the device - called the Swatch Smart Watch - failed to take off and the company is still in possession of unsold stock.
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The attacks on the Chabad center and other iconic locations in India's financial capital left 166 people dead. Among them were six people from the orthodox Jewish center, including Rabbi Gavriel Holtzberg and his wife. Their infant son escaped in the arms of his Indian nanny, and the two now live in Israel.discount prada handbags outlet CANBERRA, Australia (AP) — The Australian government said Tuesday it will spend 64 million Australian dollars ($60 million) on measures to counter violent extremism and radicalization as Islamic State continues to recruit foreign fighters to its ranks in Iraq and Syria. The measures include strengthened community engagement programs aimed at preventing young Australians from becoming involved with extremist groups and new multi-agency investigation teams to disrupt foreign fighters and their supporters.Prada Outlet Handbags Store Online CANBERRA, Australia (AP) — Australian mining magnate turned lawmaker Clive Palmer has apologized to China over an extraordinary tirade on national television in which he accused the Chinese of shooting their own people and having no system of justice. Following the volatile multimillionaire's Aug. 18 outburst on Australian Broadcasting Corp.'s "Q & A" program, government ministers accused him of threatening Australia's relationship with its biggest trading partner and distanced themselves from his views. Palmer, meanwhile, largely avoided commenting on the issue.YANGON, Myanmar (AP) — Every evening, more than a dozen men and women walk in a tight row in front of Myanmar's most revered Buddhist pagoda, sweeping the vast marble terrace in unison in hopes of keeping it clean for barefoot pilgrims. To these volunteers, this is not a chore but a noble act — one they carry out eagerly in an effort to gain merit, or spiritual credit.BEIJING (AP) — China is wooing filmmakers at the same time as it's cracking down on them. Authorities are handing more slots to documentaries, giving even independent filmmakers a chance to be shown on state television. But while China is avidly pursuing what it considers serious content to replace popular dating, reality and game shows, it is also stifling material with any whiff of challenging the Communist Party line. A weekend crackdown by authorities on an independent film festival in Beijing was the worst in its eight-year history, with police confiscating hundreds of films and briefly detaining two organizers.In this photo by Channi Anand, villagers in Indian-controlled Kashmir take shelter inside an army bunker anticipating firing from the Pakistan side of the border. Indian and Pakistani forces have exchanged gunfire and mortar rounds several times in recent days, with 10 deaths of villagers, soldiers and suspected insurgents reported since Friday. Military leaders from both sides spoke by phone on Tuesday about the cease-fire violations. India and Pakistan both claim Kashmir in its entirety and have fought two of their three wars over the region. ___BEIJING (AP) — China's air force said it deployed an armed drone to multinational anti-terrorism drills on Tuesday, underscoring the country's rapid progress in developing unmanned aerial vehicles. The drone, which wasn't identified by type, carried out a successful mission in which it destroyed a mock enemy command vehicle with a missile, the official Xinhua News Agency quoted air force spokesman Shen Jinke as saying.JAKARTA, Indonesia (AP) — A closed-door trial began Tuesday for the first of five janitors accused of raping a kindergartner in a bathroom at a prestigious international school in Indonesia that is facing a storm of controversy following more abuse allegations. An American who taught at the Jakarta International School for 10 years killed himself earlier this year as the FBI was investigating evidence that he sexually abused scores of teen boys while working at 10 schools across four continents.ANKARA, Turkey (AP) — Kurdish rebels have abducted three Chinese workers in southeast Turkey and attacked a thermal power plant where they worked, injuring a security guard, Turkey's state-run news agency reported Monday. The Anadolu Agency said the workers were seized while grocery shopping near the town Silopi on Sunday and that Turkish security forces had launched an operation to rescue them.WELLINGTON, New Zealand (AP) — A man accused of murdering his girlfriend nearly 14 years ago in Switzerland was arrested Tuesday in New Zealand. The 42-year-old Sri Lankan national is accused of murdering 23-year-old Kavitha Kandiah on Dec. 13, 2000, in the city of Basel. He was arrested under a Swiss warrant and granted interim name suppression by a New Zealand court pending an appearance next week.NEW YORK (AP) — Osama bin Laden's son-in-law should be sentenced to life in prison for his role as al-Qaida's spokesman after the Sept. 11 attacks, when he made "bone-chilling threats" against America, prosecutors said in court papers filed Monday. The government said a life sentence for Sulaiman Abu Ghaith, whose words were "inciting, murderous, and hateful," would send an important deterrent message to would-be terrorists.DALLAS (AP) — Hackers attacked Sony's PlayStation Network and apparently disrupted the travel plans of a top company executive by going on Twitter to suggest that there was a bomb on his American Airlines plane. American cut short the Sony Corp. executive's flight on Sunday and made an unplanned landing in Phoenix. Politics & Government Society & Culture Islamic State Syria
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Who Watches America's Executions?
A lawsuit seeks to force Oklahoma to record every death sentence it carries out and to allow witnesses present to observe.
Matt Ford Aug 25 2014, 12:37 PM ET
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The death chamber is seen through the steel bars from the viewing room at the state penitentiary in Huntsville, Texas. (Jenevieve Robbins/Reuters)
watches After Joseph Wood's botched execution in July, journalists and other observers gave us grisly details about the convicted murderer's final moments. One of the reporters even counted the number of Wood's gasps—around 660 in total—as he lay on the gurney before finally dying after nearly two hours. The New York Times printed the number on its front page the next morning. During its next opportunity to rule on a lethal-injection-drug case earlier this month, all four of the Supreme Court's liberal justices voted to hear it—just one vote short of success. Now only the whims of Justice Anthony Kennedy, who has written both to save and to constrain the death penalty during his tenure, stand between the states and a review of the country's universally preferred, and increasingly troubled, execution method.
replica watches But in the botched lethal injection of Clayton Lockett in Oklahoma earlier in April, valuable observations like those in Arizona weren't independently available because of state interference. The ACLU filed a lawsuit Monday morning on behalf of the Oklahoma Observer , its editor and co-owner Arnold Hamilton, The Guardian , and freelance reporter Katie Fretland, who covered the April execution for them. When Lockett began showing clear signs of discomfort midway through the procedure, Oklahoma officials closed the blinds to the chamber and left witnesses unable to see his final moments.
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swiss replica watches "For almost 20 minutes while Clayton Lockett was dying, the assembled press and other witnesses were deprived of the right to observe the proceedings," the lawsuit alleges. "The press was also deprived of the opportunity to verify the nature and source of sounds emanating from the execution chamber, which indicated pain and suffering." This, the plaintiffs argue, violates the First Amendment's guarantee of a free press.
swiss Mechanical movement replica watches The suit asks the court to make two major changes to Oklahoma's execution protocol: first, to declare that the state cannot deprive witnesses of their visual or auditory access to the execution at any point once it begins, and second, to force the state to film and record all executions it performs from start to finish. In their filing, the plaintiffs discussed the importance of a media presence in the death chamber at length:
swiss replica watches As independent witnesses to government proceedings, members of the news media provide public scrutiny, which enhances the quality and safeguards the integrity of the death penalty process. Reporting by press not associated with the condemned, the victim, or the state of Oklahoma is critical to assuring the public that they have thorough and objective facts about the execution process. Unbiased reporting is therefore necessary to the perceived and actual legitimacy of the execution process.
Public scrutiny of executions was perhaps the earliest check on the process. "In the medieval era, public executions were meant to accomplish two goals: first, to shock spectators and, second, to reaffirm divine and temporal authority," Joel F. Harrington wrote in his history of medieval executions. " A steady and reliable executioner played the pivotal role in achieving this delicate balance through his ritualized and regulated application of violence on the state's behalf." For the executioner, this balance meant beheading the condemned in a single stroke after he or she made a religiously framed journey of penance. Poorly performed executions could lead the community to lose trust in, or even retaliate against, the man who swung the axe.
"The government shouldn't be allowed to effectively blindfold us when things go wrong." In modern America, the constitutional has replaced the spiritual. Only after a laborious appeals process and a flurry of last-minute pleas for clemency can the condemned die, and even then, it must be swiftly and without pain or suffering. What defines "public" has also changed over time. Each state now has different protocols for who can observe an execution behind the prison walls. The families of both the victims and the condemned are often present. Virginia keeps a list of 20 to 30 volunteer witnesses, some of whom attend multiple times. Citizens can even participate in some states: In lieu of a full-time position, Florida pays members of the public $150 to anonymously execute one another.
But an informed reporter is often the most impartial witness present—and therefore one of the most vital. The Associated Press attends every execution in the United States by policy; Michael Graczyk, its Texas correspondent, has witnessed hundreds. (He lost precise count long ago.) "At an execution, the press serves as the public's eyes and ears," said freelance journalist Katie Fretland, a plaintiff in the lawsuit and a witness to Lockett's botched execution. "The government shouldn't be allowed to effectively blindfold us when things go wrong. The public has a right to the whole story, not a version edited by government officials."
The lawsuit comes at a time of shrinking transparency in the American capital-punishment system. Many states have enacted shield laws to protect the identities of lethal-injection drug manufacturers, including unregulated compound pharmacies, to prevent boycotts and other forms of public pressure. When Oklahoma's secrecy laws came before the state supreme court in April during Clayton Lockett's appeal, state legislators triggered a constitutional crisis by threatening to impeach the justices if they did not allow the execution to proceed. The justices complied, and less than 24 hours later, Lockett died an agonizing death. The secrecy laws remain on the books.
What remains is a system in which prisoners in many states are killed with drugs of uncertain provenance and administered by executioners of unknown credentials with unpredictable results. Unless the Supreme Court intervenes—and it is only one vote shy of doing so—another botched execution is inevitable. What isn't clear is who will be there to witness it.
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posted Sep 15th, 2014 9:07 amTiffany boosts full-year guidance as earnings beat
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tiffany tiffany outlet locations Tiffany ( TIF ) delivered quarterly earnings that surpassed analysts' expectations on Wednesday, and the retailer raised its full-year outlook. tiffany & co After the earnings announcement, the company's shares rose in pre-market trading. (Click here for the latest quote.) ( TIF ) tiffany outlet online Read More Earnings season: What we've learned tiffany outlet The company posted second-quarter earnings of 96 cents per share, up from 83 cents a share in the year-earlier period. tiffany outlet locations Revenue increased to $993 million from $926 million a year ago, while same-store sales increased 3 percent. Analysts had expected the upscale jeweler to report earnings of 85 cents a share on $988 million in revenue, according to a consensus estimate from Thomson Reuters. The company raised its full-year earnings per share guidance to $4.20 to $4.30 from $4.15 to $4.25. "We were ... pleased with solid performance across most product categories, ranging from the success of perennial classics in fine, statement and engagement jewelry to our newest Atlas collection," Chief Executive Michael Kowalski said in a statement. Lower-priced jewelry such as the Atlas collection - a range of silver jewelry including lariats and pendants priced below $500 - nets Tiffany higher margins than its more expensive pieces, for which it is famous. The company said comparable-store sales in the Americas region, which accounts for nearly half of Tiffany's overall sales, rose 8 percent in the second quarter ended July 31. Alibaba revenue soars ahead of IPO Same-store sales in the Asia Pacific region grew 7 percent, driven by strong demand in Greater China and Australia. Last month, Michael Kowalski, Tiffany's chief executive for the past 15 years, said he will retire in 2015 and named current President Frederic Cumenal as his successor. Kowalski spearheaded the company's expansion plan in Japan and China, which ultimately helped it to offset the impact of sluggish U.S. sales. -By CNBC. Reuters contributed to this report. CORRECTION: This story has been updated to reflect the company reported revenue of $993 million. Company Earnings Investment & Company Information
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tiffany and co Tiffany & Company ( TIF ) posted impressive second-quarter fiscal 2014 results. The company delivered earnings of 96 cents a share, way ahead of the Zacks Consensus Estimate of 86 cents and higher than the prior-year quarter’s 83 cents. Results benefited from higher sales and improved gross margin.cheap tiffany Tiffany & Co - Earnings Surprise | FindTheBest tiffany outlet locations Shares of this jewelry retailer rose roughly 3% on the index in the pre-market trading session.cheap tiffany Tiffany posted net sales of $992.9 million during the quarter, up 7% from the prior-year quarter, driven by healthy performance primarily across the Americas and Asia-Pacific regions. Moreover, total revenue came ahead of the Zacks Consensus Estimate of $990 million. In constant currencies, net sales jumped 7%, whereas comparable-store sales (comps) climbed 3%.tiffany jewelry outlet By geographic segments, sales in the Americas grew 9% to $484 million, while comps rose by 8%; sales in the Asia-Pacific region climbed 14% to $237 million whereas comps increased 7%; sales in Japan declined 13% to $119 million and comps fell 15%; and sales in Europe jumped 8% to $120 million but comps dropped 2%. Other region sales surged 28% to $33 million whereas comps grew 2%.tiffany jewelry outlet In constant currencies, sales in the Americas rose 10%, while comps grew by 8% during the quarter; sales in the Asia-Pacific region grew 13%, whereas comps rose 7%; sales in Japan fell 10%, while comps also decreased by 13%; and sales in Europe inched up 1%, whereas comps fell 8%. Gross profit for the quarter increased 11.8% to $595.2 million, while gross margin expanded 240 basis points to 59.9% due to lower product cost and increase in prices. Operating income jumped 17.9% to $208.5 million, while operating margin increased 190 basis points to 21%. The margin improvement was driven by higher gross margin. Store Update Tiffany opened 1 outlet in the Americas in Aventura, FL during the quarter. The company in fiscal 2014 plans to open 10 stores — four in the Americas, two in Asia-Pacific, two in Japan, and one each in Europe and Russia, and shut down 3 stores—one each in the Americas, Asia-Pacific and the U.A.E. As of Jul 31, 2014, the company operated 293 stores (122 in the Americas, 72 in Asia-Pacific, 55 in Japan, 38 in Europe and 5 in the U.A.E. and 1 in Russia). Other Financial Details Tiffany ended the quarter with cash and cash equivalents and short-term investments of $398.4 million, and total short-term and long-term debt of $1,025.5 million, reflecting 35% of shareholders equity. Capital expenditures of $91 million were incurred in the first-half of fiscal 2014. Management projected capital expenditure of $270 million and expects to generate free cash flow of at least $400 million in fiscal 2014. Tiffany bought back shares worth $9 million in the quarter. In Mar 2014, the company’s board of directors had authorized a share repurchase program of $300 million, which is slated to expire on Mar 2017. As of Jul 31, the company had $284 million at its disposal under share repurchase authorization. Guidance Following healthy results, Tiffany raised its earnings expectations. The company now projects fiscal 2014 earnings between $4.20 and $4.30 per share against $4.15 and $4.25 expected earlier. The current Zacks Consensus Estimate for fiscal 2014 is $4.28 per share, which could witness an upward revision in the coming days. Tiffany now project total net sales growth in a high single-digit percentage for fiscal 2014. Zacks Rank Tiffany currently sports a Zacks Rank #3 (Hold). Better-ranked retail stocks include Citi Trends, Inc. ( CTRN ) and Signet Jewelers Ltd. ( SIG ) sporting a Zacks Rank #1 (Strong Buy), as well as Abercrombie & Fitch Co. ( ANF ) carrying a Zacks Rank #2 (Buy). Read the Full Research Report on ANF Read the Full Research Report on TIF Read the Full Research Report on SIG Read the Full Research Report on CTRN Zacks Investment Research
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Two thirds of businesses prioritise expertise over money when seeking investment
Aug 26, 2014 Posted by Chanice Henry
It has been revealed that, while traditional forms of investment focus on the financial offering, two thirds of small business owners are actually seeking business expertise as much as money.
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posted Sep 15th, 2014 9:04 amWhy COACH, Michael Kors, Apple, GM And New Balance Are Succeeding In China
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new balance COACH COACH , Michael Kors , Apple Apple and New Balance, as well as brands like GM and Rebecca Minkoff are all succeeding in China and with the Chinese Global Consumer Demographic.
new balance running shoes Why them and not others?
New Balance Shoe Sale What they all have in common is that they are American brands and they operate in the “affordable luxury” category in China. While high and ultra high end luxury sales have been a mainstay of Chinese consumption over the last fifteen years, affordable luxury brands, retailers and products have risen to the top of the list of the most desired, purchased and beloved in China and among global Chinese consumers.
new balance shoes on sale walking As recently as six years ago, the question in China was: “We know there is a market in China for a $15.00 handbag and $5,000 handbag, will there ever be a market for $500 handbag?”
new balance mens walking shoes The answer now is a resounding yes. And there is a market for a $700 iPhone, $150 sneakers, and $800 dresses.
men's new balance shoes A perfect storm of factors over the last three years have led to the exponential growth of the category:
An increased awareness and desire for American brands and American lifestyles and aesthetics
A newly sophisticated and savvy consumer seeking new brands beyond the traditional power brands
Increased e-commerce options and engagement
Increased travel abroad for pleasure and business
The explosion of China’s middle class
The now two year old government policy of discouraging outrageous displays of wealth
The desire for affordable luxury has grown so fast that now traditional ultra-premium brands are also offering new products at lower price points to compete in the category. There is no doubt that in 2014, and in the years to come, the affordable luxury sector will be a huge driver of consumption and brand growth in China. That said, it is important to understand who Chinese affordable luxury consumers are and what motivates their purchase decisions.
The following is an except from my new book “China’s Super Consumers: What 1 billion Customers Want and How to Sell it To Them” that explains who these consumers are, what drives their purchase decisions, and how brands and retailers are, can, and should engage Chinese consumer demand for affordable luxury. My co-author, Savio Chan, and I explain in detail the factors listed above as separate subjects in and of themselves, but also as they are relevant to the affordable luxury sector.
—————————–
A few years ago, the concept of “affordable or accessible luxury” as a market mover in China was little more than a dot on the horizon. Today, the situation couldn’t be more different. Affordable luxury brands (and traditional luxury brands that have expanded into the affordable luxury sector) have seen significant growth marked by rapid and profitable retail expansion, increased e-commerce sales, a loyal following of new middle-class customers, and renewed interest and sales from older, wealthier legacy customers.
Some brands sell only in the luxury space, never discounting and never marketing lower-priced or starter products. But other global luxury brands offer products in all three luxury categories (ultra, premium,and affordable luxury). For instance, you can buy a $40,000, $80,000 or $160,000 BMW; at Tiffany’s, you can spend $80,000 on a ring, $5,000 on a necklace, or $200 on a tie clip. In many cases, luxury brands develop separate accessible luxury lines, establishing their own brand identities in the global marketplace. Emporio Armani, which earlier this year opened a watch and jewelry store in Hong Kong, is poised for a leap to the mainland.
Historically, established European labels selling premium and ultra-luxury products to well-heeled Chinese consumers have dominated the luxury segment in China. But with urban, professional income ranging from $15,000 to $100,000 per year in first- and second-tier cities like Shanghai and Suzhou, and urban per-capita disposable income around $4,000 to $6,000 per year, a large new group of middle-class consumers (some 300 million of them) are emerging who seek luxury and accessible-luxury products.
The rise of the affordable-luxury sector has coincided with, and in part been fueled by, an increasing interest in American brands such as Coach, Michael Kors, and Kate Spade, which are expanding on the mainland. American brands in other lifestyle categories are succeeding as well, and are helping blaze the trail for the apparel, footwear, and accessory sectors. But accessible luxury growth is by no means limited to U.S. brands. H&M H&M , Zara Zara , and local favorite Shanghai Tang are succeeding as well.
This sector has become a key growth driver for the China luxury market, yet there is still some confusion on the part of brands and retailers about what defines accessible luxury in China, who the key consumers are, what trends are driving growth in the segment, and what strategies are working. Here is a breakdown of some of the trends as they relate to the Chinese consumer’s maturation process and the emergence of the three categories of luxury: ultra, premium, and affordable luxury.
• Been There, Done That – There is a sophisticated cohort of wealthy legacy luxury consumers who are looking to expand their purchasing options. These consumers are open to experimenting with new brands, new styles, and expanded offerings from trusted luxury brands—even at lower price points. They want to be leaders and trendsetters, not followers, and their discoveries in the accessible luxury sector address this interest.
• Teach Me – A new cohort of middle-class luxury consumers is seeking guidance on how to create a personal lifestyle. These consumers are looking to do this through a mix of accessible luxury and luxury purchases—a $2,000 handbag, for instance, accessorized with a more modest, accessible luxury scarf or shoes.
•The Pioneers – Outbound China travel has exploded over the past two years. Chinese travelers are projected to take 150 million outbound trips by 2020, making them the world’s most prolific travelers. These business and pleasure travelers—as well as students studying abroad—are exposed to brands they’ve never seen in China, or that have low profiles there. And when these travelers return, they seek these brands. They’ve known Louis Vuitton for years, but abroad they may discover such accessible luxury brands as C-Wonder or Belstaff.
• Home Sweet Home - A transformation from house to home/sanctuary is fueling sales in luxury audio, furniture, artwork, décor, and upscale hardware. Accessible luxury and luxury brands have an opportunity to seize on this new-found desire for inside as well as outside luxury. Delorme, the French bedding company, is ahead of the curve in this market, and Bang & Olufsen is making a major new investment and expansion in China. Also of note: Ralph Lauren will be opening lifestyle floors, selling home décor, within their stores in major shopping malls, such as Shanghai’s Plaza 66.
• Youth Movement - China’s young consumers are style-conscious and lifestyle-conscious. Those who live at home, subsidized by family, can spend upwards of 80 to 150 percent of their income on consumer products. They see accessible luxury goods as signifiers of status, individuality, and lifestyle orientation. If you can sell them a $500 bag now, as family wealth increases you may well sell them a $5,000 bag a few years down the road.
• The Red, White, and Blue – We foresee a continually growing interest among Chinese consumers in American brands and retailers, American style, and American aspirational living. The classic European, ultra, and luxury labels will continue to grow and prosper, but now there is room for more players at the table.
Looking at which international brands are growing and expanding in China and where the demographics are headed, there is no doubt that accessible luxury is now a key market driver in China. It is in the expansion of Coach, Michael Kors, and a dozen other American companies reporting profits from China—as well as European luxury companies offering new product levels and lifestyle stores—that we see the proof. As they experiment with their own personal brands, images, and styles, Chinese consumers want affordable luxury as well as traditional luxury and ultra-luxury products. Companies that spend the time and resources to understand the opportunity, to establish the right infrastructure—product mix, pricing models, and brand positioning—may well find that the accessible luxury sector is a driver of success in mainland markets. ___________________________
In what has been a less than stellar two years for luxury in China, affordable luxury has been a real bright spot. I see this not as a trend, but as a major shift in Chinese consumption habits that will be fueled for years by a growing middle class, increased travel abroad, new Chinese consumers entering the marketplace, and 2nd and 3rd generation consumers seeking alternative labels, quality at a price and inward focused, experiential luxury.
My book goes into great detail about how to identify, attract, serve and retain China’s affordable luxury consumers and I hope you check it out for the full story.
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Montblanc Meisterstuck Montblanc Diamond Le Grand Ballpoint pen$1,040.00 $110.00Save: 89% off
Montblanc Meisterstuck Le Grand Ballpoint pen$1,040.00 $118.00Save: 89% off
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Montblanc Meisterstuck Ceramics Black Prisma Ballpoint pen$1,320.00 $130.00Save: 90% off
Montblanc Meisterstuck Platinum Line Hommage a W.A. Mozart Ballp$940.00 $118.00Save: 87% off
Montblanc Meisterstuck Montblanc Diamond Classique Ballpoint pen$960.00 $118.00Save: 88% off
Montblanc Meisterstuck Le Grand Platinum Line Ballpoint pen$1,060.00 $118.00Save: 89% off
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