Raising prices is never easy and something most managers fret over. Raising prices in Japan has been rare, but it’s fast becoming wide spread. The central bank is keen to see inflation, it has set a 2% target and the Government has long been exhorting companies to raise salaries. Now there are problems with the […]
Meiji takes the plunge on price increases. Watch the Yen! Read More »
Late last week the WSJ revealed the much anticipated IPO for yogurt brand Chobani was delayed (again) and four senior executives including the President and COO were leaving, effective this week. Chobani has been a darling of the food industry and I have previously blogged about its rapid rise. The business claims 20% market share
Chobani’s delayed IPO and sudden executive exits suggest culture clashes Read More »
Aeon employs over 155,000 staff across a plethora of businesses ranging from General Merchandise, Supermarket and Drug stores, plus financial services and shopping centre developments. Although global retailers have been challenged to expand internationally (think of Tesco’s advance and retreat in the US, or Carrefour’s global pull back), Aeon has developed businesses in Hong Kong,
If you live in Japan, you almost certainly know Kao 花王 It’s one of the country’s largest FMCG manufacturers marketing a plethora of brands in Cosmetics, Skin & Hair care, Health beverages, Fabric and Home care as well as a Chemicals division. The problem for Kao is that 70% of its revenues come from Japan,
Kao wants to become a global player but the big question is how? Read More »
Happy New Year 2022! Figures released last month showed that print media circulation in Japan declined 5.5% in 2021 to just over 30 million. In 2001 print media’s circulation exceeded 47 million daily copies. The circulation decline has accelerated since 2017, dropping more than a million copies annually. Heaviest hit casualties were morning and evening
The once vaunted Japanese print barons humbled whilst SmartNews soars to $2bn Read More »
With sales of $1.4b and a solid market position in the US and Australia, Greek yogurt brand Chobani joins a long list of start-ups going public. Chobani was founded by a Turkish immigrant in 2007 who bravely invested in a yogurt plant Kraft Heinz was selling in Columbus in 2005. Like many success stories, Chobani
As Greek yogurt pioneer Chobani heads for the Nasdaq, what can it learn from Oatly? Read More »
I confess to being a GoPro user. Their small action cameras are a self indulgence which I mainly use on snowboard trips, though I did once record a webinar video on one. At GoPro’s peak in 2015 the company sold over 6 million cameras a year. Unfortunately that number is now less than half. The