For entrepreneurs in pursuit of business growth, the search for the ideal strategy is often unclear. Rhone CEO Nate Checketts joins Wealth! to discuss the business strategies that have fueled his athleisure company's expansion, particularly as they launch a new apparel line for women.
When it comes to pricing strategies, Checketts considers two factors: first, creating the"best possible product" for the consumer, and second, determining what price point the consumer would be willing to pay for that level of quality. A deadline is looming for millions of businesses who may be entitled to a payout in a $5.5 billion antitrust settlement with Visa and Mastercard. The settlement stems from a 2005 lawsuit that alleged merchants paid excessive fees to accept Visa and Mastercard credit cards, and that Visa and Mastercard and their member banks acted in violation of antitrust laws. Any businesses that accepted Visa and/or Mastercard credit or debit cards in the U.S.
High Chinese tariffs on EU brandy would leave French companies with vast amounts of cognac that could be hard to sell elsewhere, according to Reuters' calculations, analysts, and investors who fear firms could be forced to discount. China opened an anti-dumping investigation into brandy imported from the European Union in January, sparking fears cognac could suffer a similar blow to that taken by Australian wine when China introduced tariffs of up to 218.4%.