Adam Graham The Detroit News Published 11:53 p.m. UTC May 25, 2018 Correction: This story has updated the number of employees and correction the location of StockX's office. It’s StockX Day in Detroit, and 150 sneakerheads from all over the world have descended upon the Motor City to check out the inner workings of a local company that is reshaping the online sneaker market. These sneaker-lovers are wearing all manner of spiffy, spotless kicks, from rare Air Jordan and Yeezy models to Sean Wotherspoon Air Max 97s (which run upward of $600 a pair) to the “Off-White” Jordan 1s (yours for around $2,000). Amid the flashy footwear on display inside the fifth-floor auditorium in downtown’s Madison Building, there’s one notable guy not wearing sneakers, and that’s Dan Gilbert. Gilbert, who wears a pair of sensible leather boots, said he doesn’t want to look like he’s trying too hard to be cool. He should probably start wearing LeBrons, … [Read more...] about Detroit-based online sneaker market’s stock soaring
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Columbia-based Merkle is adding jobs at a breakneck pace — 200 this year and hundreds more in the past few years, during a time when many employers have held the line or cut back.Total workforce: 1,500. That's a heck of a change since chief executive David Williams bought the marketing company in 1988 and became employee No. 24.Williams, 48, had no marketing background when he leaped from a stock brokerage into entrepreneurship in his mid-20s. He simply wanted to run his own company, and Merkle was available. It proved a good pick — though that wasn't so clear in the setback-laden first few months.Williams, who lives in Annapolis, talked with The Baltimore Sun recently about the potential and perils of high-tech marketing, about how social media is changing the way companies interact with customers, and about how his company is expanding so quickly. Merkle doubled its revenue in the past five years to $300 million.How have you managed such rapid growth?We're in the right … [Read more...] about Fast growth in a fast-changing marketing world
Luxury automaker Genesis recently unveiled plans to build a dealership network, with an end goal of creating standalone dealerships for the up and coming brand. Dealers in key markets with were provided with first eligibility to apply for a Genesis franchise, with a selection process beginning shortly thereafter. Genesis changed plans for their proposed dealer distribution model after facing backlash from dealers, and concerns regarding lack of distribution, according to a recent report from Automotive News. A dealership that spoke with automotive publication said that a new plan provides all Hyundai dealerships with the eligibility to apply and become Genesis dealerships. Elite-level dealerships which previously carried G80 and G90 models will be given a choice to either continue selling the sedans, or accept settlement money previously offered to them. New franchise agreements will be required for those either becoming or remaining Genesis dealers; however, all new dealers will … [Read more...] about Report: Plans change for Genesis standalone dealerships; eligibility no longer restricted to key markets
Sections SEARCH Skip to content Skip to site index Business Day Subscribe Log In Subscribe Log In Advertisement Supported by ByKeith Bradsher April 25, 2018 查看简体中文版 查看繁體中文版 BEIJING — When President Xi Jinping announced measures to further open up China’s auto industry to foreign carmakers, the global industry initially cheered. Now the cheering has stopped. As details are emerging, foreign auto executives attending China’s annual auto show in Beijing this week said Mr. Xi’s initiative was too narrow and vague to change business on the ground. That means the initiative may not be a strong enough starting point for talks to stave off the Trump administration’s threats to impose tariffs on $150 billion in Chinese-made goods. Central to Mr. Xi’s plan is that it will allow foreign automakers to own Chinese … [Read more...] about China Is Opening Its Car Market. But Not Enough, Say Auto Companies.
PUBLISHED: 21:00 11 April 2018 Karen Richards Dusseldorf panoramic shot. Archant Features writer Karen Richards travelled to the German city of Düsseldorf to see the heady sights, sample the cuisine and soak up its 24-hour culture. The Rhine embankment. Take a huge slice of culture, add a mix of stylish modern and stunning historic architecture, and a smattering of beautiful waterside views and wash it down with a good glug of dark brown beer and you get a small taste of what Düsseldorf is about. The western German city runs along the banks of the river Rhine, with a smaller river, the Düssel running through it and into the main river. The Rhine straddles the city, dividing the old town (Altstadt) on the east bank and the newer, commercial area on the west. It is the state capital of North Rhine-Westphalia and is the seventh most populated city in Germany. The beauty of a visit to central Düsseldorf is that everything, from the old town, to ‘the … [Read more...] about TRAVEL REVIEW: A taste of the very best of German cuisine in Düsseldorf