Global luxury brands expanding in China are better off targeting the HENRYs - "high earners, not rich yet" - instead of the ultra-wealthy, as a slowing economy and a government that frowns on official excesses usher in an era of less showy spending.
Tory Burch
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US President Barack Obama announced the new members of the Presidential Ambassadors for Global Entrepreneurship (PAGE) who will help start and grow new businesses in the US and around the world.
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