Wednesday, December 21, 2011

Report: UK retailers see higher December sales

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21 December 2011
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Global retail industry news

  Retail in Europe 
 
  • Pandora names footwear executive as new CEO
    Danish jeweler Pandora has named shoe industry executive Björn Gulden as its new chief executive officer, effective March 1. Gulden, a former Adidas executive, currently serves as managing director of German footwear conglomerate Deichmann Group, and heads its Rack Room and Off Broadway chains in the US. Women's Wear Daily (subscription required) (20 Dec.) LinkedInFacebookTwitterEmail this Story
  • Report: UK retailers see higher December sales
    Struggling UK retailers have seen an unexpected rise in sales in December, the biggest increase since May, according to a survey released Tuesday by the Confederation of British Industry. The increase was likely driven by deep discounting early in the month and a significant jump in online shopping. Reuters (20 Dec.) LinkedInFacebookTwitterEmail this Story
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  Retail in Asia 
 
  • Toy makers in one China city see Western orders drop
    Smaller orders from merchants in the US and Europe have led to a 20% to 30% decline in international orders at toy factories in Shenzhen, China, says an industry trade group. The city's factories account for about one-fifth of China's toy exports, which totaled $2.1 billion last year. China Daily (Beijing) (21 Dec.) LinkedInFacebookTwitterEmail this Story
  • Li-Ning sees online as new route to American retail success
    China's most popular sports brand, Li-Ning, hopes to make a success of its second attempt to enter the US market with an e-commerce strategy. The company, founded by ex-Olympic gymnast Li Ning, is trying to make inroads with American consumers by offering free holiday shipping and building out its Facebook page. Li-Ning first entered the US market four years ago, opening a design facility on Nike's home turf of Portland, Ore., but the effort stalled when it couldn't get its products to US stores. Advertising Age (tiered subscription model) (19 Dec.), The Wall Street Journal (20 Dec.) LinkedInFacebookTwitterEmail this Story
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  Retail in Latin America 
 
  • Brazilians give a boost to US retailers
    Brazilians have unseated wealthy consumers from the UK and other markets to become the biggest spenders in US tourist areas including New York City and Florida, taking advantage of their trips to buy everything from iPads to stylish fashions that cost twice as much at home. High taxes, inflation and an overvalued currency drive up the price of goods in Brazil, and some tourists save enough on their US shopping sprees to cover the cost of their airfare and hotels. The Wall Street Journal (21 Dec.) LinkedInFacebookTwitterEmail this Story
Logistics is a powerful tool that can save your business time and money, while stimulating growth and leveling the global playing field. And nobody can put logistics to work for your business like UPS—the company and the people who understand the power of logistics better than anyone. Start tapping into logistics by downloading this free guide.
  E-commerce Spotlight 
 
  • Alibaba turns rewards program into separate company
    China's e-commerce giant Alibaba has spun off the rewards points program from its Alipay payment service into a stand-alone subsidiary, the company said. Consumers use the points they earn to make small purchases on sites including Taobao, and to pay utility bills. China Daily (Beijing) (20 Dec.) LinkedInFacebookTwitterEmail this Story
  • Other News
ERP solutions are, by nature, large and complex. How do you select the solution best-suited to your firm? In this guide, Focus Experts share their top 6 best practices for selecting ERP software. Learn more by downloading this free white paper now!
  Spotlight on Luxury Goods 
 
  • London's high-end merchants expect flat holiday sales
    Luxury shops in London -- including Gucci, Tiffany & Co. and Bulgari -- don't expect this holiday season's sales to rise much above last year's, as many wealthy bankers and brokers curb their spending amid concerns about a possible recession next year. "Traditionally my wife used to pick out a piece of jewelry and I'd buy it for her," said broker Chris Marino, who agreed with his wife not to exchange gifts this year. Bloomberg Businessweek (19 Dec.) LinkedInFacebookTwitterEmail this Story
  • Slower luxury sales in China pinch Prada
    Prada's stock price has seen double-digit declines this year amid concerns that luxury shoppers in China, which account for about 42% of Prada's sales, will slow their spending next year. China's luxury sales are expected to rise 12%, but they'll slow to an 8.5% increase next year, the smallest rise in 11 years, according to Euromonitor International. Bloomberg (16 Dec.) LinkedInFacebookTwitterEmail this Story
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  NRF News 
  • Creative versus operations: How to free marketers to do marketing
    Today's CRM and business intelligence platforms are powerful tools for retail marketers, but perhaps it's time to differentiate marketing creative professionals from marketing operations. In a recent addition to the Shop.org white paper library, executives from eClerx examine the obstacles that accompany effective CRM and marketing automation system development, and demonstrate how outsourcing parts of the marketing lifecycle helps to remove those obstacles while improving cost savings, agility, operational excellence, risk mitigation, and costs and resources. Download the white paper now. LinkedInFacebookTwitterEmail this Story
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Has fortune dealt you some bad cards. Then let wisdom make you a good gamester."
--Francis Quarles,
British poet


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