In response to recent media reports that the Chinese appliances retail giant Gome will enter the TV direct sales market, He Yangqing, a spokesperson for Gome, said the company currently had no plan to enter this business. According to previous local media reports, Gome was planning to invest CNY1 billion to enter China's TV direct sales [...]

The French luxury brand Louis Vuitton has opened a new flagship store in the Dalian Times Square in Liaoning province. The chairman of Louis Vuitton, Yves Carcelle, and the president of Louis Vuitton in China, Christopher Zanardi-Landi, attended the opening ceremony. The two-floor Dalian Times Square flagship store covers a total area of 1,104 square meters, of [...]

The French luxury brand Louis Vuitton has opened a new flagship store in the Dalian Times Square in Liaoning province. The chairman of Louis Vuitton, Yves Carcelle, and the president of Louis Vuitton in China, Christopher Zanardi-Landi, attended the opening ceremony. The two-floor Dalian Times Square flagship store covers a total area of 1,104 square meters, of [...]

Satcon Technology Corporation, provider of renewable energy power conversion solutions, today announced a three-year agreement with Samsung to supply the power inverters for Samsung’s worldwide solar power plant projects. Under the agreement, Samsung will use Satcon PowerGateTM Plus inverters, and will also have the exclusive right to market and sell Satcon solutions in the rapidly growing Korean renewable energy market. Samsung will also provide maintenance and warranty services for Satcon in Korea.

Samsung America President, K.D. Kim, said, “We have worked closely with Satcon on several utility scale solar projects, and we believe they provide the best quality and most reliable power conditioning solutions on the market.”

Satcon’s President and CEO, Steve Rhoades, commented on what the agreement means for the future. “Together, the companies are committed to delivering the industry’s most efficient and reliable renewable energy production. Satcon looks forward to significant growth as a result of this partnership.”

Satcon

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‘Green’ car rental company EV Transportation, Inc. has some very definitive growth plans for the next 12-24 months. With an ultimate goal of becoming a significant presence in the replacement vehicle rental market, EV’s plan has several objectives.

The first objective is to identify and obtain up to three targeted companies to increase the company fleet by more than 12,000 vehicles, available at more than 100 new rental locations. The company plans to commence these acquisitions within the next 12 months. Purchases will subsequently be consolidated in order to boost EV’s competitiveness in the replacement rental business.

Next, EV will develop and reorganize the new facilities to employ a “hub and spoke” growth strategy, thereby erecting a central hub in each major metropolitan area from which the company’s reach can expand outward. This allows for more efficient shifting of assets between locations to accommodate

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