September 20th, 2011
05:58 PM GMT
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Burberry is a quintessentially British brand. No label has reinvented the trench coat more times and with such success.

As chief creative officer Christopher Bailey presented his women’s wear collection for Spring/Summer 2012, famous faces were out in force, braving London’s fall weather.

"I think Christopher really captures the British sense of style. I love the trenchcoats; I have many of them in different colours and they all look great on me," says model and actress Rosie Huntington-Whiteley the face of Burberry Body, the firm’s latest fragrance.

"To work for a brand that is British and makes great clothes is just the cherry on the cake for me," she adds.

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September 20th, 2011
03:19 PM GMT
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In this episode of "The Boss", we met two bosses who have proven you can combine profits with public service.

They contribute to their communities in different ways, but the outcome remains the same – both get gains from giving.

Brooklyn Brewery President, Steve Hindy, is donating a portion of the proceeds of BAM Boozle, a beer he created especially for the Brooklyn Academy of Music. Better known as BAM, the venue is celebrating its 150th anniversary this fall.

Bam Boozle Beer has become a win-win deal for both BAM and Brooklyn Brewery. Steve makes collaborations like this a key part of his marketing strategy with charitable donations comes valuable exposure. In fact, annually, Brooklyn Brewery donates about $200,000 in this way.

In Macau, Fancis Lui, the Vice-Chairman of Galaxy Entertainment Group is also reaching out to his local community. For the seventh year running he's sponsoring the Volleyball World Grand Prix in Macau. For Francis, this is about being socially responsible. Francis is aware that not everyone backs his industry, so he's trying to send a positive message to the local community.

By sponsoring this and other events, like the city marathon, Francis believes he's helping to upgrade Macau's image.

Filed under: Quest Means BusinessThe Boss


September 20th, 2011
07:54 AM GMT
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(CNN) – The news that Italy, the eurozone's third largest economy, was downgraded by credit ratings agency Standard & Poor’s dealt another blow to hopes of a sustained market recovery Tuesday.

The second paragraph of S&P’s report on the downgrade speaks volumes about the debt-laden tumult spreading across developed economies:

“In our view, Italy's economic growth prospects are weakening and we expect that Italy's fragile governing coalition and policy differences within parliament will continue to limit the government's ability to respond decisively to domestic and external macroeconomic challenges.”

It’s a script torn from the same page as the U.S. – the gold standard of debt worthiness – when it watched its debt rating reduced by S&P in August ,  as partisan brinkmanship put Washington near the edge of defaulting on its credit card bill.
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Filed under: AppleAsiaChinaEuropean UnionGreece


September 20th, 2011
04:27 AM GMT
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Hong Kong (CNN) – The lights are out at Jinko Solar. After three days of sometimes violent protests, China closed one of the company’s solar panel manufacturing plants.

The place: the town of Haining, about a two-hour drive southwest of Shanghai.

The reason: residents allege Jinko’s plant caused a mass die-off of fish and a cluster of cancer cases, including leukemia, in the local populace. 

The admission: Jinko Solar now says pollutants, with fluoride levels exceeding normal limits, may have washed from its factory into a nearby river because of improper storage.

Anger first erupted on Thursday when more than 500 people gathered outside Jinko’s factory gates demanding answers. Some protesters broke into the company compound, overturning several cars and damaging buildings.

By Monday, local police said they had detained more than 20 people - some protesters for stealing and a handful of Jinko employees for destroying the camera of two local journalists - and local officials had forced the factory to go dark.
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