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> As you point out, luxury brands is where foreign companies have a presence. Feels like small potatoes to me. H&M, Zara, and Uniqlo are luxury? > Am not well
by beepboop753 4y ago
> As you point out, luxury brands is where foreign companies have a presence. Feels like small potatoes to me.
H&M, Zara, and Uniqlo are luxury?
> Am not well versed in oil, but from a cursory look at Shell it has a US entity traded in the US market, partly producing US gas to US customers: https://en.m.wikipedia.org/wiki/Shell_USA https://en.m.wikipedia.org/wiki/Shell_USA
It's literally the US subsidiary of Shell? It's still owned and controlled by the foreign company. This is how international business works once companies reach a scale where they employee large numbers of workers in a foreign country. See Ford of Europe, ExxonMobil Europe, Apple Japan etc - these aren't European/Japanese companies, they're just branches of American ones
- makeitdouble 4y ago> H&M, Zara, and Uniqlo are luxury? None of them are building infra to a level that rivals US behemoths. They are well known foreigns brands, but nether commands a high market share nor represent an existential threat to US brands. Top 2 on the market should be Amazon and Wallmart, in whichever order: https://www.cnbc.com/2021/03/17/amazon-unseats-walmart-to-become-the-no-1-apparel-retailer-in-the-us.html https://www.cnbc.com/2021/03/17/amazon-unseats-walmart-to-be... To note even Gap is bigger than any of those 3 mentionned. I was pointing at the luxury market because there’s probably more competion from the outside. > Shell You’re not answering on how it operates in the US. Toyota US is in the same situation: it’s a subsidiary of the Japanese entity, but still “builds” cars in the US. Customer perceive them as Japanese cars perhaps, but if they‘re not marked at imported cars, that perception is just misplaced. Shell US refining its own oil in the US falls in the same bucket to me. The discussion was wether there was examples of foreign companies building infra to directly import foreign goods into the US market. It seems to be diverging into “are there well know and successful foreign brands in the US”