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Rent the Runway is taking clothes-sharing mainstream
incomerevealed.com

Clothing as a service AT ABOUT 4.30am the first of thousands of black garment bags arrive by truck at a vast warehouse less than ten miles (16km) from Lower Manhattan. The bags brim with designer dresses and other trendy clothing and accessories. Workers begin inspecting the garments. A billowy, patterned blouse smells a bit ripe. A floor-length […]

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A tax-evasion scandal ensnares Chinese film-production companies
incomerevealed.com

Fan Bingbing, on location in Khorgos IT IS hard to go a day in China without seeing Fan Bingbing. The doe-eyed starlet gazes from film posters (she has averaged four films a year for the past decade), airbrushed ads for global brands and glossy magazine covers. But in the past week she has graced articles […]

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The world's first commercial drone-delivery service takes flight
incomerevealed.com

Delivering the goods LATE on a Monday morning the village of Zhangwei is quiet. Chickens scratch and cluck at the side of the road. Workers use wooden spades to spread grain on the highway to dry, using half its width so that traffic can still pass on the other side. Yet at the community centre […]

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Shootings in India tarnish Vedanta’s reputation
incomerevealed.com

AFTER 99 peaceful days of protests, the 100th brought carnage. On May 22nd in Tuticorin, a coastal town near the southern tip of India, police indiscriminately fired live rounds into a crowd of several thousand demonstrators who were opposing the planned expansion of a copper-smelting facility. Thirteen people died and scores more were injured. The […]

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Six muddles about share buy-backs
incomerevealed.com

THE last time a corporate-finance concept went mainstream was during the financial crisis, when banks’ capital became a subject you could raise in yoga studios or biker bars without being hushed or hospitalised. Now there is a new candidate: share buy-backs, which reached $189bn in the three months to March for firms in the S&P […]

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Comcast and Disney battle over Rupert Murdoch’s empire
incomerevealed.com

A YEAR ago, investors in 21st Century Fox, Rupert Murdoch’s entertainment empire, could have been forgiven a bout of the blues. Shares were down by 30% from their peak in December 2014. Viewership of most of the company’s American networks was in decline, and millions had dropped expensive pay-TV packages, including its own, in favour […]

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HEYTEA wants to make tea-drinking cool again in China
incomerevealed.com

TIPPED, not stirred, is how hip young things in China now take their tea. To be exact, at a 45-degree tilt. So advise the tea-ristas of HEYTEA, a budding, pricey tea chain, the better to blend the bitter tang of freshly brewed leaves with a salty cream-cheese “cap”. Naigai cha, or cheese-tea, has taken China’s […]

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Rwanda refuses to remove tariffs on imports of used clothing
incomerevealed.com

Glad rags to sad rags IN A market in Kigali, Rwanda’s capital, a cacophonous auction is under way. Sellers hold crumpled T-shirts and faded jeans aloft; traders shout and jostle for the best picks. Everything is second-hand. A Tommy Hilfiger shirt goes for 5,000 Rwandan francs ($5.82); a plain one for a tenth of that. […]

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If wages are to rise, workers need more bargaining power
incomerevealed.com

“IT’S just not going to happen,” said Troy Taylor, the boss of a Coca Cola bottling company, when asked at a recent Federal Reserve event whether he foresaw broad-based wage gains. His remarks (unlike the fizzy drinks he sells) were unsweetened. But experience suggests he may have a point. In most rich countries, real pay […]

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The number of new banks in America has fallen off a cliff
incomerevealed.com

THE single-storey main branch of the Texas Hill Country Bank, in Kerrville, sits at the back of a tired shopping centre, in the shade of a six-storey Wells Fargo building. When Roy Thompson, the chief executive, was hired (from Wells) in 2012, three years after it opened, he ran a radio ad campaign to alert […]

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