BUSINESS SHOCKER: Chorus, Saks, And Starbucks Unleash Bold Moves On Global Markets
— Chorus is rolling out faster business fibre plans in New Zealand. The company now offers a 1Gbit/s plan with equal upload and download speeds. They also promise quicker service if things go wrong. Experts say if more businesses use the cloud, it could add billions to New Zealand’s economy.
Saks Fifth Avenue is trying something new by selling luxury goods on Amazon’s UK website. With brands like Dolce&Gabbana and Balmain, Saks hopes Amazon will help them reach more shoppers across Europe.
Starbucks may sell part of its China business. The coffee giant has started talking with private equity groups and tech firms as it looks for new ways to grow in China.
These bold moves show how big companies are changing fast to stay ahead in a tough global market. Conservatives know that innovation and competition keep economies strong — these updates are proof of that belief.