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Who needs Rodeo Drive
That is about to change, as Fashion Valley, already known for its ritzy lineup of stores, plans to bring in a raft of highprofile retailers. They include Barney New York COOP ($245 for men loafers), Jimmy Choo ($885 for women kneehigh boots) and Herm ($325 for a silk scarf) as well as cheap chic powerhouse H August 2008, about 30 percent of the mall, or about 93,000 square feet,[url=http://nikefree.mobilejeti.com]nike free tilbud[/url], will be occupied by new tenants many of which are coming to the region for the first time. Fashion Valley declined to say which stores would be leaving.
Simon Property Group, which operates the Mission Valley mall, is known for creating highend malls across the country.
Fashion Valley is already home to Nordstrom, Bloomingdale Neiman Marcus and Saks Fifth Avenue one of the few malls in the country to have all four as well as boutique retailers such as Coach, Burberry and Gucci. Fashion Valley has focused on luxury retailers because of the growing national demand for luxury merchandise and the effort by highend brands to find new markets.
For those retailers, San Diego is a desirable market with a booming tourism business coupled with a relatively affluent customer base both here and across the border. The median annual income in San Diego County is $55,945, compared with $48,777 for the United States.
Diego is an incredibly good market. Sure, it no Beverly Hills, but it isn Harlem either, said James Dion, president of Dionco, a retail consulting firm. is some serious money in San Diego. Fashion Valley won be home to just highend retailers such as M Missoni, Just Cavalli, CH Carolina Herrera, it will have trendy, but less pricey, fashion brand stores, such as True Religion, Anthropologie and Juicy Couture.
Of particular note is H the Swedish retailer credited with helping create the fastfashion phenomenon, where runway designs are quickly available in stores at reasonable prices. Despite its lowto midlevel price tags, H has cachet with trendsetters. In New York and Los Angeles, shoppers have lined up when H stores open or when fashion lines by the likes of Stella McCartney and Madonna have premiered.
Janine Blain, West Coast director for Doneger Group, a consulting firm for retailers, said the influx of the luxury and trend stores means that retailers see potential in the San Diego consumer. Barney in particular is selective about where it opens new stores, she said.
all these stores to come there, it means that there is a true fashion customer in San Diego, and those stores know it, Blain added.
But the demand for exclusive stores is not a San Diegoonly trend. Highend retailers have been outperforming their less wellheeled counterparts for several years because of increased demand and aggressive expansion.
According to the International Council of Shopping Centers, luxury retailing began showing particular growth in 2004, when its sales increased 9.6 percent from the previous year while the retail market grew 3.8 percent. So far in 2007, luxury chain store sales have increased 8.6 percent, compared with 2.4 percent for the total retail chain business.
Malls that cater to upscale consumers have also fared better than their counterparts. Fashion Valley sales per square foot were more than double the national average in 2006.
That partly because wealthier consumers have been mostly immune to the economic shocks of higher gas prices and the slumping housing market. Department of Labor, the 20 percent of Americans at the top of the income scale spent on average $90,469 in 2005, while the bottom 60 percent combined spent $87,139.
But it is not only the very rich that are fueling the luxury market, said George Whalin, president of Retail Management Consultants in Carlsbad. There has been a shift in the culture as well. More consumers are now willing to spend hundreds of dollars on highend handbags and clothes.
you find 18yearold girls who will spend every dime they have for Coach purses and Jimmy Choo shoes, he said.
The demand for luxury has lured stores like those coming to Fashion Valley to expand beyond the traditional markets of New York, San Francisco and Los Angeles. When M Missoni, the Italian apparel company known for its bright fashions, opens its San Diego store, it will be its first on the West Coast.
Eric Beder, a retail analyst for Brean Murray Co., said brands opening their own shops do so because it helps brand awareness and introduces consumers to their full line of merchandise. Generally, only a limited amount of a brand product line is available at such department stores as Nordstrom and Bloomingdale BEGIN BIGBOXAD >
True Religion, for instance, which is known mostly as premium denim brand, is expanding its line to include shirts, Tshirts and jackets. The company never would get the space to display all of its wares at department stores, he said.
you put a boutique right next a department store, it bolsters the brand and people actually buy more at both locations, he said.
Still, the mass expansion of luxury retailers to San Diego and markets such as Atlanta and Austin, Texas, could ultimately be the undoing of the business, said Pam Danzinger, president of Unity Marketing, which tracks the highend consumer market.
they may have a factor, but in a couple of years, they may be like a Gap store, where we walk by them far more than we walk in them, she said. the danger of putting too many stores too frequently in too many markets.

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the new network in Zhejiang in November 13, "to solve the people are most concerned about the most direct the most realistic interests, is the key link of building a socialist harmonious society. Only allow people to education, employment, medical and old-age care, and housing, to realize the harmonious society everyone shared." Speaking of the livelihood of the people, the provincial labor and social security offices director Chen Xiaoen has deep feeling, to implement the spirit of the 17th CPC National Congress, to promote the province's "two gen", has always been to "pay attention to people's livelihood, attach importance to people's livelihood, livelihood security, improve the livelihood of the people" on the work of the first.
" decision "explicitly required to adhere to the implementation of safeguard and develop the people's fundamental interests as business people rich,[link widoczny dla zalogowanych], strong innovation starting point and the foothold,[link widoczny dla zalogowanych], put forward new and higher requirements for ensuring and improving people's livelihood." Chen Xiaoen think, in the future, I capital further in the vital interests of the relationship between people's education, employment, social security,[link widoczny dla zalogowanych], housing,[link widoczny dla zalogowanych], medical and other efforts to increase. The implementation of the development strategy of expanding employment, establish and perfect the system of equal employment of urban and rural workers, improve entrepreneurship, self occupation policy, promote entrepreneurship to employment, so that more workers to become entrepreneurs,[link widoczny dla zalogowanych], efforts to achieve full employment, stable employment of urban and rural residents. We will deepen reform of the income distribution system,[link widoczny dla zalogowanych], and gradually raise the minimum wage,[link widoczny dla zalogowanych], to raise the income of low-income groups, to create conditions to allow more people to own property income, improve the income level of urban and rural residents. Strengthen the construction of social security system, focus on improving the basic pension,[link widoczny dla zalogowanych], basic medical care, rural and urban residents minimum living security system, further expand the coverage, and gradually increase the level of protection, to establish a social security system covering both urban and rural residents of the basic. >
-- an interview with the Ministry of labor and social security bureau director Chen Xiaoen
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and Chen Xiaoen said, in recent years, the provincial Party committee,[link widoczny dla zalogowanych], the provincial government attaches great importance to people's livelihood, to solve the populace to reflect school, employment, income, social security, medical treatment, housing and other aspects of the strong. Over the past 5 years is the province of labor and social security undertakings reform the biggest and fastest growing, people's benefit is the most extensive 5 years. He cited a exciting data: at present,[link widoczny dla zalogowanych], the employment situation remained stable in our province, first in the country to promote urban and rural employment, employment of rural labor transfer about 300000 people per year; the urban registered unemployment rate continued to decline,[link widoczny dla zalogowanych], the current 3.26% is the lowest; the province has eliminated the town zero employment families more than 2 households, there are more than 4 households in rural poor families get employment assistance; the province enterprise retirees per capita monthly pension of 1180 yuan, pension benefits ranked first in provinces and regions; increasing the minimum wage, annual growth of about 15%......
-- an interview with the Ministry of labor and social security department director Chen Xiaoen to the new network in Zhejiang in November 13, "to solve the people are most concerned about the most direct the most realistic interests, is the key link of building a socialist harmonious society. Only allow people to education, employment,[link widoczny dla zalogowanych], medical and old-age care, and housing, to realize the harmonious society everyone shared." Speaking of the people's livelihood, work
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Chinese oil giant Sinopec will pay compensation for the oil pipeline blast which left 62 dead, 136 injured and devastated residential and commercial roads in Qingdao, Shandong Province, on November 22.
The explosion resulted in a direct economic loss of around 750 million yuan ($123.9 million).
The company also said Sunday evening that November 22 would henceforth be labeled "Production Safety Awareness Day."

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yesterday afternoon, the first floor conference room and garden Kokusai Hotel City People's Political Consultative Conference Hall, ornaments and flowers add radiance and beauty to each other. Attend a meeting of the nine session of the CPPCC members, carrying the voice of the people, shouldering the expectations of the population, have come to handle registration procedures.
report field, the staff members of the registration,[link widoczny dla zalogowanych], certification,[link widoczny dla zalogowanych], access to information,[link widoczny dla zalogowanych], each step will be strict in one's demands, everything in good order and well arranged and busy. Report field is full of smiling face, the whole hall filled with a democratic and harmonious atmosphere, political participation. Reporters saw at the scene after the completion of registration, registration, some members unable to hold oneself back through the meeting materials.
in the registration site, members have said, must closely around the party, City Hall center work,[link widoczny dla zalogowanych], seek truth from facts reflect social hot, difficult problems; during the meeting, listen to reports, active participation in the discussion, trying to write the proposal, and earnestly fulfill the duties for Sanming members, develop good plans offer policy.
about future development inspire people, full of pride. In the report, members are confident words, steady pace,[link widoczny dla zalogowanych], agile figure,[link widoczny dla zalogowanych], let everyone feel the passion, confidence.
Raymond Lam members: housing is the people's livelihood to
"in the Chinese people's Political Consultative Conference, feel the heavy responsibility. I want to use the conference,[link widoczny dla zalogowanych], earnestly perform their functions of participation, advice, seek truth from facts to reflect their wishes and requirements, and suggestions for the economic and social development actively offer advice." The first time to participate in the Political Consultative Conference of the new member Raymond Lam said solemnly.
Raymond Lam is director of the Sanming City housing provident fund management center. He said: "home to music industry, working in the housing provident fund management center for more than ten years, I witnessed the change of housing people turn the world upside down."
Sanming City housing provident fund system was established in 17 years,[link widoczny dla zalogowanych], the city has 175000 people to pay the housing accumulation fund, regulated housing provident fund 8700000000 yuan, total to 62000 families pay housing provident fund loans 6800000000 yuan; housing provident fund coverage and the use of the funds rate ranked first in the province. With these data, Raymond Lam did not pause, digital or even accurate to two digits after the decimal point.
when he learned that he was being elected to the CPPCC,[link widoczny dla zalogowanych], Raymond Lam think, this is a very good platform, you can communicate with the members of the committee. "Housing is the people's livelihood, do not regard as unimportant. Supportability project a head, a head connected with the people's livelihood." Raymond Lam said. Therefore, his field to Jasper cell and Weng Dun supportability project investigation to understand the situation. Finally,[link widoczny dla zalogowanych], Raymond Lam formed a "on the strengthening of security recommendations of housing construction".
Raymond Lam hands of the proposal, more than 2000 words copious and fluent,[link widoczny dla zalogowanych], accurate, careful analysis. "To solve the housing problems of the masses is the municipal Party committee, City Hall very concerned and addressed to the popular project. As of 2011 11 at the end of the month, the city's affordable housing project had completed the 8694 sets,[link widoczny dla zalogowanych], many housing difficulties of the masses so that it can benefit. For the existence of housing construction security >
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At present, the center opened a total of children's painting, calligraphy, dancing, chess, 27 training classes. Activity center classes can not only enrich the youth outside activities and amateur life, but also cultivate hobbies and personality, enhance their innovation spirit and practice ability.

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the bill house and Senate Budget Committee indicating formation, negotiate the long-run budget problems, the latest in December of this year to reach an agreement. This means that the current financial crisis just dissolve,[link widoczny dla zalogowanych], Capitol Hill will usher in a new round of budget battles.
The
China News Agency,[link widoczny dla zalogowanych], Washington, 16 October Xinhua (reporter Zhang Yuran) the evening of 16 the United States Congress passed a bill, decided to provide operating funds to next January 15th for the federal agency, the Treasury authority extended to February 7th, which means that the federal government for the first time in 17 years "close the door" coming to an end, the U.S. debt "bomb" and remove.
the bill contains no "off" or "abolished" the core content of Obama health care reform bill clause, which indicates that health care reform bill to "survive" in the democratic parties in the game, become a "winner",[link widoczny dla zalogowanych], the United States Republican into the eyes of the media "loser".
speaker Bona expresses 16 days, Republicans have tried to reduce the government budget scale,[link widoczny dla zalogowanych], resolutely opposed the Obama health care reform bill ", we fought a good fight,[link widoczny dla zalogowanych], but did not win".
government "closed", the house and Senate have put forward several aimed at defusing the fiscal impasse, but has failed to reach a compromise. The day passed the bill by LED Senate Democratic leader Reed and Republican leader Mcconnell 14 in the Senate negotiating team hand. Since 12, the group's debt and the government's "open door" negotiations, and finally reached consensus on the morning of 16 july. Because of serious differences within the house,[link widoczny dla zalogowanych], with no debt limit its own version, plus the United States debt "doomsday" has entered the countdown, the house of representatives only "helpless" to accept this proposal, lift the US debt "time bomb".
for 16 days the government "closed" although not beyond during the Clinton administration the government a "closed" for 21 days of record, but because the interwoven with the debt ceiling, produced more serious economic and social impact. The United States Treasury Secretary Jacob Lu cited by the economist's analysis said,[link widoczny dla zalogowanych], "shut up" government drag on fourth quarter economic growth by 1.5 percentage points. "Closed" period, the federal government 800000 employees were forced to go home on leave, President Obama of Indonesia,[link widoczny dla zalogowanych], Brunei to cancel the visit, and miss the APEC summit,[link widoczny dla zalogowanych], the United States of America (APEC) ASEAN Summit and the East Asia summit. Drag on the debt ceiling,[link widoczny dla zalogowanych], triggered a global multinational express concern for days on end, Fitch Rating firm will be the United States of America "AAA" sovereign credit rating on negative watch list.
in government "close" to enter the sixteenth day, from the U.S. debt default only 1 days, both houses of Congress "overtime" voted for the bill,[link widoczny dla zalogowanych], paving the way for the government to "open the door" in the morning. In the Senate to pass the bill on the day the house of Representatives, with 285 votes in favor,[link widoczny dla zalogowanych], 144 votes against the vote passed the bill. Effective bill will be signed after President Obama.
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May 7th, comrade Zhu Baoping led "to rule against" special action leading group members, deep into the seven low-cost rental, Chengguan town Huoqiu Sunshine Holiday City, lying splendid city, Yang Guan Zhen Tao Yuan houses site conducted a special inspection.