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In response to a question about the age profile of their respective populations, Lauder noted that is getting older and older, and smaller and smaller. Asia is getting younger and younger and larger and larger. India is getting younger mac makeup wholesale. The Middle East is getting younger. According to Mittal, India has one of the largest populations in the world between the ages of 25 and 35. is driving change within the country because these people are better educated and more sophisticated than previous generations.
the fact that national borders today are no longer as relevant means that certain goods flow easily between countries and create a gray market, or discounting, so that price stability becomes more uneven, Lauder noted. makes a big difference to us because we are in a prestige segment. Also, when discounting starts, wholesale mac cosmetics the margins on the retailers get squeezed. When retailers margins get squeezed, they come to us, saying they are earning less on our products so we have to offer them bigger discounts.
As for steel, Mittal suggested that two to three larger global companies are needed to reduce volatility in the industry. we encourage other steel companies to consolidate, he said. Asked about his perspectives on emerging markets, Mittal noted that are the largest foreign investor and own the largest steel company in Poland. Overall, he added, the company experience in Central Europe has been We are impressed with its excellent infrastructure; the work force is equal to any others in terms of discipline, safety and knowledge. Slovakia today produces the most cars per capita in the world. We are extremely cheap urban decay bullish on the prospects of this area. It is the future industrial heartland of Europe.
Lauder agreed. like Poland and Central Europe. The Polish workers are superb, as are workers in the Czech Republic and Slovakia mac makeup eyeliner. But we don manufacture there; we only import and sell. Nor does the company offer its super premium products in the region, a fact that disturbs Lauder. I think we are making a mistake in not paying more attention to markets such as Poland, which have a rapidly growing middle class. These markets aren getting the attention they deserve.
the fact that national borders today are no longer as relevant means that certain goods flow easily between countries and create a gray market, or discounting, so that price stability becomes more uneven, Lauder noted. makes a big difference to us because we are in a prestige segment. Also, when discounting starts, wholesale mac cosmetics the margins on the retailers get squeezed. When retailers margins get squeezed, they come to us, saying they are earning less on our products so we have to offer them bigger discounts.
As for steel, Mittal suggested that two to three larger global companies are needed to reduce volatility in the industry. we encourage other steel companies to consolidate, he said. Asked about his perspectives on emerging markets, Mittal noted that are the largest foreign investor and own the largest steel company in Poland. Overall, he added, the company experience in Central Europe has been We are impressed with its excellent infrastructure; the work force is equal to any others in terms of discipline, safety and knowledge. Slovakia today produces the most cars per capita in the world. We are extremely cheap urban decay bullish on the prospects of this area. It is the future industrial heartland of Europe.
Lauder agreed. like Poland and Central Europe. The Polish workers are superb, as are workers in the Czech Republic and Slovakia mac makeup eyeliner. But we don manufacture there; we only import and sell. Nor does the company offer its super premium products in the region, a fact that disturbs Lauder. I think we are making a mistake in not paying more attention to markets such as Poland, which have a rapidly growing middle class. These markets aren getting the attention they deserve.
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