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Search resuls for: "Roland Berger"


7 mentions found


☆ Tesla Pullback Puts Onus on Others to Build Electric Vehicle Chargers
  + stars: | 2024-05-04 | by ( Jack Ewing | Ivan Penn | ) www.nytimes.com   time to read: +1 min
Elon Musk, the chief executive of Tesla, blindsided competitors, suppliers and his own employees this week by reversing course on his aggressive push to build electric vehicle chargers in the United States, a major priority of the Biden administration. It put the onus on other charging companies, raising questions about whether they can build fast enough to address a shortage that appears to be discouraging some people from buying electric cars. As the owner of the largest charging network in the United States, Tesla has a powerful effect on people’s views of electric cars. “There is certainly a psychological component,” said Robert Zabors, a senior partner at Roland Berger, a consulting firm. “Availability and reliability are critical to overall E.V.
Persons: Elon Musk, Tesla, Biden, ”, Robert Zabors, Roland Berger Locations: United States
☆ Plans to Slash Emissions at Britain’s Largest Steel Plant Cause Unease
  + stars: | 2023-10-30 | by ( Stanley Reed | Francesca Jones | More About Stanley Reed | ) www.nytimes.com   time to read: +1 min
Steel makers in Britain and the European Union also face rising carbon taxes on their emissions, and some plants in Europe seem likely to close or be reduced in size. Dirty as its production may be, steel is important — even strategic. It is essential for producing the wind turbines and electric automobiles needed for the energy transition, and for armaments at a time of rising military spending. Around 340,000 people in Britain and across the European Union have jobs connected to the steel industry. Those factors have prompted governments to agree to provide steel makers with billions to help pay for ways to cut emissions, but tens of billions more will probably be needed over the next three decades.
Persons: ”, Akio Ito, Roland Berger Organizations: Companies, International Energy Agency . Steel, European Union Locations: Europe, Britain
☆ Birkenstock the latest shoe to drop in a tough IPO market
  + stars: | 2023-10-05 | by ( Ananya Mariam Rajesh Helen Reid | Ananya Mariam Rajesh | Helen Reid | ) www.reuters.com   time to read: +7 min
A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. Birkenstock is the latest high-profile listing to put investor focus on the initial public offering (IPO) market, which is gradually reopening after two relatively quiet years and a burst of activity in September. Due to recent price hikes, worldwide footwear sales are expected to rise just 2.9% over 2022, according to market research firm Euromonitor International. AllBirds (BIRD.O), Dr Martens (DOCS.L), and On Running (ONON.N) have all seen their market value fall since their IPOs in 2021. "When you look at the trend of other shoe companies that have IPO-ed, it doesn't give a great outlook for Birkenstock," Valechha said.
Persons: Fabrizio Bensch, Birkenstock, Kellogg, Mamta, Cheviot, Valechha, Johann Adam Birkenstock, Barbie, Margot Robbie, Jessica Ramirez, Jane Hali, Siobhan Gehin, Roland Berger, Thomas Hayes, sneaker, Dr Martens, Allbirds, Alexandre Arnault, LVMH, Bernard Arnault, Matt Oguz, Iris, L, Ananya Mariam Rajesh, Helen Reid, Emma, Victoria Farr, Echo Wang, Abigail Summerville, Deepa Babington Organizations: REUTERS, LVMH, New York Stock Exchange, Euromonitor, Associates, Dick's Sporting, Reuters, Partners, Norges Bank Investment Management, Thomson Locations: Berlin, Germany, New York, London, Neustadt, United States, U.S, Cannes, Silicon Valley
☆ Analysis: Fewer luxury shoppers but bigger spenders as Chinese return to Europe
  + stars: | 2023-05-05 | by ( Casey Hall Mimosa Spencer | Casey Hall | Mimosa Spencer | ) www.reuters.com   time to read: +6 min
But with flights remaining limited after China's border reopening in January, European luxury stores will need to wait longer for the return of masses of tourists they once depended on for growth. The average transaction value by Chinese travellers in Europe in March was 28% above 2019 levels, UBS said, citing data from VAT refund provider Planet. Cartier-owner Richemont (CFR.S), Hermes (HRMS.PA) and LVMH were best placed to benefit from wealthy Chinese shoppers, UBS added. As wealthy Chinese return to Europe and other foreign destinations, the appeal of China's Hainan Island, a duty free shopping hotspot, appears to be waning among top luxury spenders. China's "higher income, top luxury spenders (are) already travelling abroad again," she said, leading to an observable lower per-capita spend in Hainan.
☆ Japan's crackdown on truck driver overtime raises fears of economic breakdown
  + stars: | 2023-04-06 | by ( Mariko Katsumura Satoshi Sugiyama | Mariko Katsumura | Satoshi Sugiyama | ) www.reuters.com   time to read: +5 min
[1/5] Delivery trucks are parked at a parking area along the highway in Chiba, east of Tokyo, Japan April 6, 2023. On April 1, 2024, the government will limit truck drivers' annual overtime to 960 hours, among other reforms officials say are meant to improve the job's notoriously gruelling conditions and make it more attractive. The global consultancy Roland Berger expects a 20% decline in the number of Japanese truck drivers in the decade to 2030. Fierce competition and high fuel prices mean truck drivers are squeezed too despite an acute labour shortage. That would make it difficult for small companies to hire to make up for the lower number of legal working hours per driver.
☆ China's luxury shoppers free to travel, but many buy locally
  + stars: | 2023-01-26 | by ( Alessandro Diviggiano | ) www.reuters.com   time to read: +2 min
As a result, Chinese residents have rushed to travel overseas. read moreDespite this, some experts argue that an increasing portion of China's luxury spending will remain inside the country's borders, even though consumers can now travel freely. "A portion (of luxury shoppers) will go back to the original pre-COVID overseas consumption," Yan said. "But, I think the local (luxury market) will be also important for most of the brands." Reporting by Alessandro Diviggiano in Sanya, writing by Josh Horwitz in Shanghai; Editing by Raju GopalakrishnanOur Standards: The Thomson Reuters Trust Principles.
☆ As travel resumes, China's luxury shoppers ask: Paris or Hainan?
  + stars: | 2023-01-05 | by ( Casey Hall | ) www.reuters.com   time to read: +5 min
"When I would go to Paris, I couldn't ask the Paris sales people to keep a bag for me, but now here we can," she said. Under pandemic travel curbs, China's domestic luxury sales boomed, doubling to 471 billion yuan ($68.25 billion) from 2019 to 2021, according to Bain & Co. Even so, Chinese consumers' share of the global market fell to 21% in 2021 from 25% in 2019. "It will be interesting to see how new luxury consumers will perceive the difference between domestic and overseas luxury shopping," he said. ALTERNATIVESInternational travel restrictions and local policies to spur spending also drove many consumers to China's tax-free island of Hainan as a luxury shopping destination.
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