From LSD to I.P.O.

From LSD to I.P.O.

Once the symbol of the counter culture, lately the darlings of the fashion world, Birkenstock went public in New York.
In China Businesses Cut Prices as Consumers Spend Less

In China Businesses Cut Prices as Consumers Spend Less

Beijing hopes spending can spur growth, which has been dragged down by slowing real estate sales and exports. But shoppers are gravitating to discounts.