Month: September 2008
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H&M: green field market entry to Japan, opens first Japan store in Tokyo – Ginza on September 13, 2008
H&M entered Japan’s fashion market initially using a green field strategy, opening stores. On September 13, 2008, H&M opened the first store in Japan in Ginza, and is planning two more stores in Shibuya (see picture below) and in Harajuku. H&M adapted it’s global way of doing things to Japan’s market needs – for example,…
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Warren Buffet’s Iscar Ltd of Israel acquired Japanese tungsten carbide tool maker Tungaloy for US$ 1 billion
22 Sept 2008, author: Gerhard Fasol The Israeli company Iscar has completed the acquisition of Japanese competitor Tungaloy Corporation. Iscar acquired more than 90% of outstanding shares for around US$ 1 billion from Nomura Principal Finance Co. Iscar is the world’s second largest maker of tungsten carbide cutting tools, and competitor Tungaloy is the world’s…