From shaking up the very foundations

From shaking up the very foundations of the Indian government to stirring up unseemly controversies, from showing incredible courage in the face of extreme adversities to losing a reputation built over years of hard work in just a blink of an eye, from setting the electoral hustings afire with golden speeches to getting into trouble for not speaking at all, there were many 'newsmakers' in 2012 who caught the common man's imagination. Some made it for stellar reasons, others for all there is wrong with the society. Here are 12 'newsmakers' that deserve a mention.

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Venture capitalists are paying attention as well. Some of the darlings of the e-commerce start-up world are disrupting archaic production processes and distribution networks. Warby Parker, for mac removal water example, is able to sell fashionable prescription eyeglasses at $95 per pair because the company designs its own frames and thereby avoids paying hefty licensing fees (which are the norm in the eyewear industry). Everlane, a vertically integrated clothing brand, releases only four new fashion products each month, which are sold in limited batches. The company is transparent about its 2x markup (so a T-shirt that costs $6 to produce will retail on the site for $12). This is significantly lower than the fashion industry's 5 to 10x markup, which must support high marketing budgets and a wholesale-to-retail markup that Everlane avoids by selling direct-to-consumer. Bonobos, which just announced a strategic partnership with retail giant Nordstrom, has done the same with men's pants.

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