Résumé
Pressbook about ten articles on economic topics, with their summary's and vocabulary.
Extract:
[...] This article has been published by the Economist on October 6, 2005. According to the chief executive of Luxottica, 90% of the Chinese population is myopic.
Luxottica is the world's biggest maker of shades and prescription glasses. With recent acquisitions of Asian societies, the firm will be soon the leader of the eyewear retailer in China.
In a context of low-cost competition from Asia and delocalization, Luxottica, whereas corporate Italy is getting ill, is thriving in the global marketplace. It has specialised in high-margin goods, it has acquired great brands like Ray-Ban sunglasses (15% of the group's sales), and it also produces under licence for luxury-goods firms like Chanel, Prada ...
That's the secret of its success. Indeed, it still manufactures 85% of its production in Italy, but less than 5% of its sales are made on the home market (...)ar
Contents:
1. China and U.S. Expected to Reach Deal on Textiles
2. Google Adds Library Texts to Search Database
3. Demand for Oil Rigs Helps Push Economic Growth in Singapore
4. Volkswagen and BMW Profits Miss Forecasts
5. Fires of 'civil war' erupt in Paris
6. M&S sales continue to fall
7. Britons going bust: total soars by 46% in a year
8. Looking east
9. Two executives Quit Troubled Ford Division
10. Feminists trip up on man tax