Other items have lower take rates, such as cosmetics at 4% and kitchen appliances at 2%.
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In particular, businesses such as cosmetics, automobiles, cell phone minutes and personal banking have become in high demand.
Revenues are likely to climb sharply starting in 2011 with the market introduction of chemicals, fuels, and co-products such as cosmetics from firms such as Solazyme, Gevo, and Amyris.
And the products France offers in China, mainly in areas such as luxury goods and cosmetics, are not as suited to China's needs as German products such as machinery and heavy equipment.
Of those travelers, 72% said they bought more high-end products such as handbags, cosmetics and watches.
Unlike fat and happy middle-class America, the developing world has a lot of unmet needs and pent-up demands--not for faster Internet connections and SUVs (yet), but for simple stuff such as telephones and cosmetics.
They point to companies in Asia that have done well out of recruiting lots of women, such as Shiseido, a Japanese cosmetics company (whose customers are mainly female), and Cisco, an American technology firm which snaps up Asian female talent.
Selfridge, who had honed his retailing strategies and marketing skills at Chicago's famed Marshall Field, built an Oxford Street shopping palace that introduced such concepts as elaborate window displays and cosmetics counters, and services ranging from restaurants to beauty salons to a concierge.
Some of the earliest applications of nanomaterials have been in products such as stain-resistant fabrics, self-cleaning windows and harder-wearing tennis balls, but more and more are turning up in cosmetics and skin lotions such as sun-blockers.
Could LVMH, owner of such brands as Louis Vuitton, TAG Heuer and Bliss cosmetics, provide both?
Sanrio's licensing offensive has so far netted such high-profile brands as pen-maker Parker, cosmetics manufacturers Shiseido and Kanebo, and even the Ministry of Posts and Telecommunications.
Currently, the brand is pursuing an ambitious expansion plan, venturing into new categories, including cosmetics and childrenswear, and dusting off older ones, such as fragrance, all of which will be produced in-house.
Despite the EU's 2009 ban, cosmetics firms were allowed to continue testing on animals for the most complex human health effects, such as toxicity which might lead to cancer.
Work will involve bio-refining, and developing different processes to turn crops such as rye grass, miscanthus (a perennial grass), oats and artichokes into products ranging from fuels to cosmetics, pharmaceuticals, textiles, bio-plastics, food and health products.
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