In the face of economic crisis in Brazil, many sectors have experienced losses. However, the ongoing crisis seems to have spared the shopping center sector. According to the data released by the Brazilian Association of Shopping Centers (Abrasce), the shopping center segment made a growth of 6.5 percent in 2015. The sector’s turnover hit almost $150 billion. The survey, which was also contributed by the Urban Studies Group (GEU), is good news for businessmen in the shopping mall sector. The positive results are a testament to the outstanding customer services offered by most of the malls in Brazil. The country has 538 shopping centers while 30 are still under construction. This indicates the dominance of this sector in the economy of Brazil. The research indicated that the shopping mall industry offers close to 54,000 job opportunities.
Learn more: http://pbnews.com.br/cidades/2014/12/abertura-do-mangabeira-shopping-para-convidados-e-marcada-por-fortes-emocoes.html
The impact of these results is evident in the Northeast, which is the second largest region in Brazil with malls. The State of Paraiba is also among the regions celebrating the strength of the shopping mall sector. The Paraiba-based Manaira Shopping, one of Roberto Santiago’s ventures, is an example of the shopping malls that have weathered the storm. In the midst of the economic crisis, Manaira Shopping has registered impressive growth and development. The venture tops the list of five commercial centers in Paraiba in terms of gross leasable area. According to the site’s marketing manager, Rafaella Barros, Roberto Santiago Manaira Shopping has a gross leasable area of 75,000 square meters. Recent reports showed that over 40 percent of businessmen in Brazil expect the industry to grow by 5 percent in 2016 while over 60 percent of shopping mall owners believe that the crisis will not affect their businesses. Many Shopping malls, including Manaira registered high household consumption. Mr. Barros said that Manaira’s future expansion and growth will contribute to the development of the shopping center sector.
Manaira Shopping was launched in 1989 to offer leisure, fun, and entertainment. The facility is surrounded by the beaches of the north coast of Joao Pessoa. It has 280 stalls. Manaira has 11 rooms, including VIP and 3D rooms having modern appliances and their seat arrangement resemble the stadium system to allow for better visibility. It also has modern electronic slopes for bowling and an electronic amusement park with over 200 playing machines that suit all ages and preferences. The shopping mall has modern food courts and restaurants. The food is prepared by some of the renowned chefs in the globe. Other services offered at Manaira Shopping mall are balling and fitness. There is also an education center. Notably, Manaira shopping has made significant contribution to the economic and social development of the region. The properties surrounding the mall have appreciated, thus attracting many other establishments in the region. Read more on clickpb.com.
What hasn’t George Soros done? Popularly known as the man who made a fortune in one day, George Soros has had an outstanding career in business and entrepreneurship. Soros is known in the charity world as much as he is known in the business community. His views and contributions have had a tremendous impact on communities across the globe. To date, the billionaire has given out millions of dollars to numerous organizations that are devoted to coming up with solutions to humanity’s most intractable problems.
Soros acquired his fortune through hedge fund management, investments, and currency speculation. No one mentions the name George Soros without giving an anecdote on how the billionaire shorted the British Pound. In the year 1992, George Soros speculated with the British Pound and ended up $ 1 billion richer in just a day. This act earned him the moniker “the man who broke the Bank of England.” Soros uses his influence and resources to encourage democracy and the upholding of transparency in governments across the globe.
George Soros is never shy of making his political stand known to all. In the run to the 2016 general elections, Soros not only embraced Hillary Clinton as his preferred presidential candidate but also provided resources for her campaign and those of other Democrat hopefuls. Conservative estimates peg the amount George Soros contributed to Hillary Clinton’s political action committees at $13 million. Soros involvement in politics is not limited to the United States. In the middle of the struggle for independence in South Africa, George Soros provided financial aid and scholarship to young blacks who could not access education because of apartheid.
Read more: http://www.politico.com/story/2016/07/george-soros-democratic-convention-226267
The billionaire descended from Budapest in Hungary. His parents, Tivadar and Erzebet, were non-observant Jews. At a tender age, George Soros felt like he was born with messianic powers. He grew up with the personal conviction that he could play the role of a messiah in communities where he lived. He worked on this trait, and this has been one of the reasons why Soros spends a lot of his fortunes in charitable causes.
At 13 years of age, George Soros went through an experience that shaped the very ideologies he subscribes to. In the middle of the Nazi invasion, his father secured false identities for him and his family members so that they could evade isolation and persecution by the Nazis. Soros believes that they were able to use their power to overcome a known evil. At his early youth, Soros moved to London with intentions of acquiring knowledge on matters economics and finance. His enrollment at the London School of Economics is another event that helped shape his philosophies. Read more about George’s life story at biography.com.
George Soros’ businesses such as Quantum Investments and Soros Fund Management, LLC have earned him a fortune to make him rank as one of the richest men on earth. Know more on Investopedia about George Soros.
JustFab is becoming a big name in the fashion world, even more so because actress Kate Hudson is heading up one of their subsidiaries Fabletics. But even more so than their membership bonuses and VIP program on wikipedia.org, they’ve been able to harness data analytics to help meet customer needs. As a result of the big data analytics, their CEOs Adam Goldenberg and Don Ressler have decided to rename the company to TechStyle Fashion Group. Goldenberg has felt this name is more fitting to the company based on their end objective, bringing silicon valley and fashion runway together to make something unique.
Adam Goldenberg has put a lot of ideas into JustFab in the few years it’s been in existence, but he has quite a history of doing the same at every other place he’s worked. While he was still only in high school, Goldenberg started tapping into the power of running a business online, something that even at that time was a relatively new concept on rgtadvisors.com. He founded Gamer’s Alliance, a website that caught the eye of Intermix Media. Intermix Media is the company that later started MySpace, and they hired Goldenberg before he even decided to attend college. He was the youngest Chief Operating Officer on a publicly-traded company at the time he assumed that role at Intermix Media. Goldenberg also worked closely with Don Ressler and became good friends with him. Ressler had previously founded FitnessHeaven.com.
Read more: TechStyle’s data-driven fashion – CNBC Video
Goldenberg and Ressler both had the idea to build an advertising network along with an e-commerce division at Intermix Media, and that’s when they built their first company together, Alena Media. That company was phased out when News Corp bought Intermix Media, so Goldenberg and Ressler both decided to leave the new MySpace social media juggernaut at https://twitter.com/adamgoldenberg?lang=en. Out of Goldenberg’s own home, they started Intelligent Beauty, an incubator company for several cosmetic and health product brands. In 2010, they decided they were going to launch a fashion company out of Intelligent Beauty, and that became JustFab.
JustFab became successful because Adam Goldenberg and Ressler saved on high spending advertising costs, and through their subscription model made the trendy fashion designs affordable. Model Kimora Lee Simmons liked this new company, so she joined them and became the Creative Director for some time, and then actress Kate Hudson joined the Fabletics division. JustFab has received over $285 million in venture capital during its time, enough to drive it to being valued over $1 billion, and today it’s cash-flow independent.