New Articles

Re-defining “Made in Italy”

Re-defining “Made in Italy”

Sardinia, the second largest island in the Mediterranean, is known for its contrasting mountain ranges and white sand beaches. Visited by celebrities and thousands of travelers every year, Sardinia is a place where it is possible to visit 16th century constructions, see enchanting woods filled with millenary trees, relax on a picture-perfect beach and enjoy vibrant nightlife, all in the same day.

Chiara and Gloria Piscedda are the twin sisters who, inspired by their homeland, created a fashion label that intends to bring Sardinia to the world. We had a chance to talk with them about their projects and how they envision ChiGlo’ s expansion in to emerging markets.

Tell our readers about the ChiGlo brand distinction within the fashion industry.

ChiGlo  was born out of our passion for fashion and our rich and colorful homeland, Sardinia. Our designs are a mix of traditional and contemporary up-to-date style that combine cultural patterns and themes with high-quality materials and current fashion trends. Sardinian folklore and traditions are part of each collection.

What were the motivations to deliberate upon expanding into the U.S, U.K. and the emerging marketplace?

The fashion industry is vibrant and fast-paced, requiring new brands that accommodate consumer demand for fresh trends. We are receiving so many inquiries from vibrant markets, like South Africa, the US and Latin America, pushing for ChiGlo to share its Sardinian roots with the rest of the world. We are excited to take this next step because of our desire to spread Sardinian style abroad, not only for the benefit of tourism but also to preserve its own history and culture.

Where do you envision the brand in the future?

We believe ChiGlo will have a consolidated presence in the global luxury retail market. We will host strong international distribution, and we are hoping to open a flagship store in New York in the immediate term.

With regard to market strategy, we at ChiGlo not only look to engage and play a terrific role within the influential digital community, but remain open to traditionally collaborating (such as by joint venture) with brand partners in the United States, the Asia-Pacific region, indeed the Middle East and beyond, viewing globalization as a driving proponent of our heritage’s continued expansion.

How closely do you view the correlation between ChiGlo and Sardinian tourism?

ChiGlo’ s uniqueness is rooted in our innate fascination for and appreciation of Sardinian culture, which forms a large part of our identity. We are transferring this culture and passion into a brand that features and reinvents traditional, folk elements into a contemporary but very personal collection. With each piece, we are telling a story about ourselves and our homeland, and we are looking forward to bringing this part of Sardinia to the world.

We hope that when our customers wear ChiGlo, they feel like they’re wearing a piece of Sardinia– and perhaps, this will inspire them to visit our beautiful island.

Joint Ventures and Global Trade

When people hear the term “joint venture” a series of images and business operations come to mind, but in the trade industry, it’s a game changer. The most important questions to remember in a joint venture is the overall goal: what is being achieved as well as who’s bringing what to achieve the goals? Without these answered, there is almost no foundation to uphold supporting efforts.

Northern Ireland Business Info provides insight as to what it takes to implement a promising joint venture relationship, and you might be surprised at how managing these processes might be when several hands are in the basket. Everyone wants a piece of the pie, but in doing so, there must be a level of balance and mutual understanding.

Forming a joint venture can provide promising initiatives, and when done the right way, can produce fruitful benefits. Keep in mind, these are human beings you’re working with. Each person has their own set of strengths and weaknesses, and it takes a level of careful, balanced transparency to determine how to move forward.

Remember the common denominator within each of the recommendations boils down to one simple act: communication.

NIBusinessInfo states that building trust, planning, flexibility, monitoring and solutions to problems are key factors to maintain and implement for a successful joint venture. Each and every one of these tips requires transparency and communication – an honest assessment each step of the way identifying what is and what isn’t working, how things can improve, and what challenges to expect.

What’s not on the list is proactivity, digital solutions integration, and even more unexpected is the review of case studies. It’s alright to learn and implement new policies, but if a business can spare a costly lesson by learning from another businesses mistakes, why not?

Sage Journals provides an impressive library of case studies proving operational successes, failures, challenges and the solutions and reasoning behind each. Keep a constant finger on the pulse of your own business and the competition that is ever so present within all trade sectors around the world.

In an trade environment with tariff uncertainty, partners increasing, and technology solutions increasing, knowledge is the make or break factor of your business success. Know who you’re doing business with, keep your networks close and your communication clear and consistent.

Source: NIBusiness Info

Dunkin’ Donuts Unveils Ambitious China ‘Roll-Out’

Canton, MA – Global donut giant Dunkin’ Donuts has signed the largest joint venture agreement in the company’s history with the goal of expanding its presence in China from the current 16 donut shops to a network of 1,400 franchises over the next 20 years.

The joint venture has exclusive rights to expand Dunkin’ Donuts in new Chinese locales including Beijing, Chongqing, Fujian, Guangdong, Guangxi, Hainan,  Hong Kong, Hunan, Jiangxi, Macau, Shanxi, Sichuan, Tianjin, and Yunan.

The opening of the first restaurant is expected by the end of this year.

Dunkin’ Donuts restaurants in China feature the brand’s standard fare including regional items catering to local taste  including such favorites as “Dry Pork and Seaweed” donuts and “Mochi Rings.”

In 2013, Dunkin’ Donuts signed a master franchise agreement with Fast Gourmet Group to develop the brand in Eastern China to open more than 100 restaurants in the Shanghai, Jiangsu and Zhejiang regions.

Dunkin’ Donuts currently has more than 11,000 restaurants in 36 countries around the world, including 16 in China and more than 2,200 across the Asia Pacific region.

The company has entered into a long-term master franchise agreement in which Golden Cup Pte. Ltd., a joint venture between Jollibee Worldwide Pte. Ltd. and Jasmine Asset Holding Ltd., a wholly owned subsidiary of RRJ Capital Master Fund II, L.P.

Jollibee Worldwide Pte Ltd., a wholly owned subsidiary of Jollibee Foods Corporation, which operates the largest food service network in the Philippines.

Jasmine Asset Holding Ltd is a wholly owned subsidiary of RRJ Capital Master Fund II, L.P., which was established by RRJ Capital, an Asian-based investment firm with offices in Hong Kong and Singapore.

The master China franchise agreement is the latest step in Dunkin’ Donuts’ plan to accelerate its international growth.

Last year, the Massachusetts-based company signed franchise joint venture agreements to expand operations in key global markets including Brazil, Sweden, and Austria.


A Foreign Corrupt Practices Act Case Study


Randall Gausman, former CFO of Arkansas-based Rae Systems Inc., talks with Kirk O. Hanson, executive director of the Markkula Center for Applied Ethics, about the steps he took when he became aware of FCPA violations in a joint venture with China. Arkansas-based RAE Systems is a manufacturer and global distributor of wireless, gas and radiation detection instruments.

Sierra Industries Creates New HondaGE Joint Venture

Uvalde, TX – Honda and GE have created a joint project with Sierra Industries to develop a program that would use the HondaJet’s engines to retrofit legacy Cessna business jets, including the CitationJet, CJ1 and CJ1+.

The engines would “provide the Citation Jet with improved performance and enhanced productivity,” the company said.

Texas-based Sierra Industries has been upgrading and modifying Cessna jets for three decades. There are reportedly as many as 660 jets that could benefit from the new program, which includes overhauling the engines and avionics, interior and exterior modifications, and other changes.

GE and Honda spent the last decade developing the HondaJet engine.

With 18.5 inches in diameter and 2,095 pounds of thrusts, the jet engine, called HF120, is the smallest one in GE’s portfolio. By comparison, the largest GE jet engine, the GE9X, will have a fan diameter of 11 feet and projected thrust above 100,000 pounds.

In May, GE Honda Aero Engines, a joint-venture between GE Aviation and Honda, started manufacturing engines for Honda’s brand new HondaJet light jet.