Past performance is...

Article Abstract:

British advertising for financial products often involves claims relating to past performance, though recent outperformance may be misleading and does not guarantee that future performance will be good. The Financial Services Authority has been asked by the government to set out indicators that retail clients need when making investment decisions. People saving for a pension need to worry about performance over 20 years, and these figures are not usually given, while data on five or ten-year period are not relevant.

Financial Services, Finance and Insurance, Advertising Management, Standards, Financial services industry, Advertising, Marketing management, Advertising campaigns

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Virtual shopping: virtually nothing

Article Abstract:

Mail order shopping is thriving in the UK, with GUS offering credit, and N Brown offering a specialist catalog. Direct Line has performed well in the financial services industry. Other companies have performed less well, such as Xtend. BarclaySquare is a World Wide Web shopping center. A shopping TV channel has also been launched in the UK, QVC, which presents eight products an hour and is performing well in the US. Grocers are less enthusiastic, and see problems in selling perishable foods through this method.

Cable Networks, Cable and other pay TV services, Home Shopping via CATV, United Kingdom, Retail industry, Retail trade, Cable television, Online shopping, Home shopping

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That Japanese fellow

Article Abstract:

Yoshiaki Tsutsumi was an orphas with a land inheritance who built up a business empire in Japan. He bought land for a real estate project which rose in value and was quoted on the stock exchange. Other tracts were also acquired and used for golf and other leisure activities. He holds a 40% stake in the Seibu business empire but the precise value of his wealth is not known. He has been cited as the richest man world wide though the drop in Japanese real estate prices is likely to have affacted his wealth.

Management, Businessmen, Tsutsumi, Yoshiaki

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