BP plc was incorporated in 1909 as the
Anglo-Persian Oil Company Ltd (renamed in 1935 the Anglo-Iranian Oil Company
Ltd) to exploit the discovery of oil in Iran in 1908 by the Concessions
Syndicate Ltd, which had been largely owned by The Burmah Oil Company Ltd
(BOC). Anglo-Persian was also largely owned by BOC, but because it was floated
on the stock exchange, BOC soon lost majority control, and BOC was, under its
new name of Burmah Castrol plc, itself taken over by BP in 2000. Anglo-Persian
was the first company to produce oil in commercial quantities in the
Until the 1990s the government-controlled
public company known since May 1988 as
Early
History: Late 1800s through the 1920s
Sonic Corp. franchises and operates
the United States' largest chain of drive-in restaurants and the fifth largest
hamburger chain. As of August 31, 2000 there were 2,172 Sonic restaurants, of
which 1,860 were owned and operated by independent franchisees; the remainder
were majority-owned by Sonic Corp. Company-owned restaurants averaged $702,000
a year in 1999; franchised restaurants took in about $842,000 each. Under the
slogan 'America's Drive-In,' a Sonic restaurant features fast service by
roller-skating carhops and a limited menu of cooked-to-order items, including
hamburgers, hot dogs, French fries, tater tots, and onion rings, and a wide
variety of soft drinks and frozen desserts. Sonic restaurants operate in 27
states in the Bible Belt and Sun Belt.
Oklahoma
Origins
The Sonic concept originated in
Shawnee, Oklahoma in the early 1950s. Troy Smith, a World War II veteran,
operated a small diner called the Cottage Cafe, which, with only four booths
and 12 counter seats, could not support him and his family. Smith sold the
diner and opened a larger restaurant, called Troy's Panful of Chicken. His
attempts to expand into multiple locations were not successful, and by 1953
Smith's chicken restaurants had failed.
Ralph Lauren, born Ralph Lifshitz, in 1939
in the Bronx, NY, studied art and design at the City College of New York and
business at
Lauren’s experience in the necktie market
led him to a staggering idea. Why not make them wider? With this idea and some
financing, he founded the Polo label in 1967. He founded Polo Fashions of New
York with the quote
“A tie was the way a man expressed himself.
I believed
that men were ready for something new and
different.
They didn’t want to look as if they worked
for IBM. A beautiful tie was an expression of quality, taste, style.”
The name Polo came from a sport that
embodies a world of discreet elegance and style.
In 1970, Ralph Lauren won the Coty Award for
Menswear. He continued that decade by releasing a daring line of suit for women
tailored in a classic men’s style. The Polo player’s emblem was first seen on
the cuff of one of these woman’s suits. In 1972 Polo’s famous short sleeve mesh
shirt appeared with the omnipresent Polo player logo. Debuting in 24 colors it
offered variet, quality and style and became an overnight classic. A line of
copy from an original ad read “Every team has its color-Polo has 24”.
Royal Dutch Shell plc, commonly known simply
as Shell, is a multinational oil company of Dutch and British origins. It is
the second largest private sector energy corporation in the world, and one of
the six "supermajors" (vertically integrated private sector oil
exploration, natural gas, and petroleum product marketing companies). The
company's headquarters are in
The company's main business is the
exploration for and the production, processing, transportation, and marketing
of hydrocarbons (oil and gas). Shell also has a significant petrochemicals
business (Shell Chemicals), and an embryonic renewable energy sector developing
wind, hydrogen and solar power opportunities. Shell is incorporated in the
Forbes Global 2000 in 2007 ranked Shell the
eighth largest company in the world. Also in 2007, Fortune magazine ranked
Shell as the third-largest corporation in the world, behind Wal-Mart and
ExxonMobil.
Shell operates in over 140 countries. In the
History
The Royal Dutch Shell Group was created in February 1907 when the Royal Dutch Petroleum Company (legal name in Dutch, N.V. Koninklijke Nederlandsche Petroleum Maatschappij) and the "Shell" Transport and Trading Company Ltd of the United Kingdom merged their operations – a move largely driven by the need to compete globally with the then predominant American oil company, John D. Rockefeller's Standard Oil. The terms of the merger gave 60% of the new Group to the Dutch arm and 40% to the British and is now mostly seen as a Dutch company in line with the original ownership. To celebrate its centenary in 2007 Shell launched a scholarship fund.
Revlon Inc. operates as one of the world's
leading cosmetics companies and markets its products in over 100 countries
under such familiar brands as Revlon, ColorStay, Age Defying, Almay, and
Skinlights. Revlon also sells skin care products (Ultima II, Vitamin C
Absolutes, Eterna 27), fragrances (Charlie), and personal care products (High
Dimension, Flex, Mitchum, Colorsilk). Ronald Perelman, who gained control of
the company in a nasty hostile takeover in 1985, owns approximately 83 percent
of Revlon.
A Nail
Polish Company Is Founded in 1932
Revlon's first beauty item was nail enamel.
Opaque and long-lasting, it was an improvement over the more transparent,
dye-based products of other manufacturers. Revlon's nail polish owed its
superiority to the use of pigments, which also allowed a wider color range than
the light red, medium red, and dark red then available. Initially, the
revolutionary "cream enamel" came from the tiny Elka company, in
Revson had a keen fashion instinct, honed by
his seven years of sales experience at the Pickwick Dress Company in
The history of Puma is a journey through
some of the world’s greatest sports achievements of the last fifty years or so.
Not only that, but trainers with the sign of the leaping cat with the Puma
‘Form Stripe’ log have been on the feet of most of the cutting-edge youth
movements of each generation during that same time
The story of Puma and its founder, Rudolph
(Rudi) Dassler, began in
Back in 1924, in more harmonious times, Rudi
and Adi Dassler, the sons of a cobbler, formed the company Gebruder Dassler OHG
(Dassler Brothers Ltd) after a period of collaboration on sports shoes
development in their hometown of Herzogenaurach, near
Company
History:
PayPal Inc., a subsidiary of online auctioneer eBay, Inc., provides users with a means of exchanging funds via the Internet, a revolutionary step in the development of electronic commerce. By obtaining a PayPal account, consumers and businesses may send and receive payments vie e-mail. PayPal users make payments securely online using credit cards or bank transfers, as well as by maintaining funds in personal interest-bearing PayPal accounts. PayPal handled approximately $3.1 billion in payments in 2001, with an average daily volume of about 189,000 payments totaling $9.6 million. Its user base that year included 10.2 million personal accounts and 2.6 million business accounts in 39 countries.
Late
1990s Origins
The company which later became PayPal was
founded by Max Levchin, an online security specialist, and Peter Thiel, a hedge
fund manager. The two met in 1998 when Levchin approached Thiel in
So Thiel and Levchin regrouped. The company
was renamed Confinity, and in October 1999, with six employees and two
computers, it launched PayPal, a service by which money could be sent
electronically by handheld devices. PayPal met with just as little interest as
Field Link had.
P&F Industries, Inc. (P&F),
incorporated on April 19, 1963, operates in two primary lines of business, or
segments: tools and other products (Tools) and hardware and accessories
(Hardware). The Company conduct its Tools business through a wholly owned
subsidiary, Continental Tool Group, Inc. (Continental), which in turn operates
through its wholly owned subsidiaries, Florida Pneumatic Manufacturing
Corporation (Florida Pneumatic) and Hy-Tech Machine, Inc. (Hy-Tech). The
Company conducts its Hardware business through a wholly owned subsidiary,
Countrywide Hardware Inc. (Countrywide), which in turn operates through its
wholly owned subsidiaries, Nationwide Industries, Inc. (Nationwide), Woodmark
International, L.P. (Woodmark) and Pacific Stair Products, Inc. (Pacific
Stair).
Tools
The history of Motorola, Inc. can be traced
back when Paul V. Galvin and Joseph E. Galvin (his brother) bought a business
that deals with battery eliminator in
Going back to the history of Motorola, Inc.
when it was still called Galvin Manufacturing Corporation, electronic devices
and other products that run on electricity were manufactured and produced.
As for the name Motorola, the etymology is
from the word 'motor' which means for car and the word 'ola' which means sound.
Before Motorola mobile phones dominate the telecommunication industry, Galvin
production concentrated on producing radios and receivers for vehicles until
they manufactured televisions in 1947. It was also in 1947 that the company
changed its name from Galvin Manufacturing to Motorola as it continues to
produce communication mediums, mobile phones are yet to be introduced.
The historical influence of Motorola
products was even included in the expedition to the moon when Neil Armstrong
communicated from space to the earth using the Motorola Radio. And it was in
1969 that Motorola radio equipment equipped the operations of National American
Space Agency or NASA.
•
• Between 1900 and 1919 Banco Santander
doubled the scale of its balance sheet, enlarged its capital to ten million
pesetas, lifted income, nudged the figure of half a million pesetas annual
profit in 1917, and its earning power topped the average for Spanish finance
houses. Also during this time three major Spanish banks were founded which
would over time merge into the
• In February 1920, Emilio Botín y López was
appointed as the Banco de Santander’s first full-time chairman.
• The period between 1919 and 1939 was
crucial for
The
Anglo-Saxon tradition over time
The first British bank to open in
British
origins
Lexus is the luxury vehicle division of
Japanese automaker Toyota Motor Corporation. First introduced in the
Lexus originated from a clandestine flagship
sedan project that began in 1983. This effort developed into the original Lexus
LS, which was the first vehicle to wear the Lexus marque upon its launch in
1989. In subsequent years, Lexus added sedan, coupe, and SUV models. Hybrid
drivetrains arrived in 2005, and the F marque performance division debuted in
2007. From the start of production, Lexus vehicles have been consistently
produced in Japan, with manufacturing centered in the Chūbu and Kyūshū regions.
Assembly of the first Lexus built outside the country, the Ontario,
Canada-produced RX, began in 2003.
Since 1989, Lexus has developed a reputation
for vehicle reliability and customer service, as measured by independent surveys.
In 2008, consumer ratings firm J.D. Power and Associates named Lexus the most
reliable brand in the
L. Luria & Son, Inc. is a century-old,
Florida-based retailer of jewelry, gifts, housewares, and electronics. Jewelry
sales account for 44 percent of Luria's sales; tabletop items, giftware,
clocks, and the like account for 38 percent; and consumer electronics,
including cameras and home office equipment, and housewares, including luggage
and furnishings, make up the rest. In its early history, Luria functioned as a
general merchandise wholesaler and a catalog showroom chain. After undergoing a
conversion from catalog showrooms to customer self-serve operations and closing
several of its less productive stores, the Luria's chain consists of 28 large
superstores throughout
In many ways, the history of Luria mirrors
the classic story of immigrant success in twentieth century
ING was founded in 1991 by a merger between
Nationale-Nederlanden and NMB Postbank Group. During the past 15 years ING has
become a multinational with very diverse international activities.
The roots of ING can be traced to the
insurers De Nationale Levensverzekering Bank and De Nederlanden van 1845 and to
the public bank services such as De Rijkspostspaarbank and De Postcheque- and
Girodienst, as well as to the Nederlandsche Middenstands Bank. These are the
legal predecessons of the ‘founding fathers’ of ING; Nationale-Nederlanden and
NMB Postbank Group.
The oldest legal predecessor is the Kooger
Doodenbos from Koog, Noord Holland, founded in 1743. During that period many
regional funds were created to insure people from certain communities,
professions, widows and orphans against bad fortune. Many of these small
organisations were taken over by larger nationwide operating companies such as
De Nationale Levensverzekering Bank. The fire insurers were the first to
undertake international activities, starting in the Dutch Indies, but later
also in the rest of Asia and in