Going global isn't going away

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	Going global isn't going away

Maureen Farrell

9-5-2008 10:17 AM

806 views

Maureen Farrell says:

The high price of oil is forcing some businesses to curtail globalization but as the US economy continues to flail, going global could be the only way for some businesses to offset slower US sales. Businesses, big and small- will have to weigh this strategy. This article's worth a read.

Another sign that with the sagging economy, companies of all sizes and in all different niches are

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/d6c49c7d-e587-4878-945b-8ec7b59c6e6a/2A81F28B-478E-4464-BAEB-A86238B9FC47/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://online.wsj.com/article/SB122056192706401119.html?mod=hpp_us_inside_today" href="http://online.wsj.com/article/SB122056192706401119.html?mod=hpp_us_inside_today" style="font-size: 11px;">online.wsj.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://online.wsj.com/article/SB122056192706401119.html?mod=hpp_us_inside_today"><P class="times">As New York's fashion week starts Friday, many designers are courting overseas retailers in an effort to make up for expected cutbacks in orders from U.S. department stores.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://online.wsj.com/article/SB122056192706401119.html?mod=hpp_us_inside_today"><P class="times">Designers Thakoon Panichgul and Derek Lam, meanwhile, have added longer hemlines and, in the case of Mr. Lam, long sleeves, to appeal to buyers from the Middle East. Mr. Lam plans to unveil the styles in his showroom rather than on the runway.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://online.wsj.com/article/SB122056192706401119.html?mod=hpp_us_inside_today">n wooing foreign retailers, designers are taking advantage of the weak dollar. "The economy here is just so terrible. The dollar is horrible, which makes their buying power amazing,"</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/2A81F28B-478E-4464-BAEB-A86238B9FC47/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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