Thursday, April 19, 2012

Chinese shoppers boost LVMH sales in Europe

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19 April 2012
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Global retail industry news

  Global Industry Watch 
 
  • Redeveloped malls bring more major merchants to Australia
    A growing number of the world's biggest retail chains are opening stores in Australia, driven in large part by mall redevelopments. "Although historically we rarely featured on the radar of the major international retailers, more recently they've seen strong sales in their Australian stores, providing encouragement to other retailers looking to expand," said CBRE regional director Joshua Loudoun. The Sydney Morning Herald (Australia) (19 Apr.) LinkedInFacebookTwitterEmail this Story
Top 5 HR Compliance Concerns for Small Business
Small and medium sized companies spend a lot of time focusing on core business issues, but they may overlook one of the most potentially serious and costly issues — regulatory compliance. How do you know what issues to look for in order to protect the company? Download this must-read paper that discusses the top 5 HR compliance issues.
  Retail in Europe 
 
On the Internet, page-loading delays can stop customers from buying. Download our free report 3 Proven Ways to Boost Transactions with Web Acceleration and learn how Limelight Network's front-end acceleration technology can improve Time to Actions.
  Retail in Asia 
 
  • Chinese shoppers boost LVMH sales in Europe
    Louis Vuitton parent LVMH Moët Hennessy Louis Vuitton reported a 25% jump in first-quarter sales on Wednesday, but said sales in Asia are slowing as more of China's wealthy consumers shift to shopping in Europe to take advantage of lower prices than the ones they find at home. The Wall Street Journal (18 Apr.) LinkedInFacebookTwitterEmail this Story
  • End-of-season discounts help India's apparel retailers
    End-of-season sales helped India's clothing merchants lighten their inventories after a year of slowing sales that led to overstocked shelves. "In the March quarter, retailers saw some relief, as they offered heavy discounts to get rid of their high inventory. I expect the next two months to be slightly better than last year," said Rahul Mehta, president of the Clothing Manufacturers Association of India. Business Standard (India) (18 Apr.) LinkedInFacebookTwitterEmail this Story
  • Starbucks addresses growing pains in China
    Starbucks is feeling growing pains in China, which is expected to surpass Canada and become the coffee giant's second-largest market by 2014, including the issue of patrons who linger in the shops without spending. China's tight labor market also makes it tough to find help, an issue the company is addressing with the creation of a new training program dubbed Starbucks China University. Reuters (19 Apr.) LinkedInFacebookTwitterEmail this Story
Leveraging Cloud Security to Weather Threatening Storms
Web attacks and retribution campaigns are on the rise, and they have become more frequent, more random and more extreme. This paper assesses the current cyber threat environment and discusses the use of distributed cloud services as an effective means to protect against evolving, modern-day IT threats.
  E-commerce Spotlight 
 
  • Amazon offers German students a Prime deal
    Amazon has launched a promotion offering students in Germany a free one-year membership in Amazon Prime, and a half-price membership for four years after that. The service comes with perks including free shipping and better prices on products they trade in. Internet Retailer (18 Apr.) LinkedInFacebookTwitterEmail this Story
  • China's online trademark cases rise sharply
    Courts in China saw 13,000 new trademark infringement lawsuits last year, a 54% increase over 2010, according to the Supreme People's Court. "A considerable number of these cases were triggered on the Internet, although we didn't make a specific count, and the proportion is increasing," said spokesman Sun Jungong. China Daily (Beijing) (18 Apr.) LinkedInFacebookTwitterEmail this Story
What Data Thieves Don’t Want You to Know:
How a multi-layered data security solution, including encryption and tokenization, protects data in transit, in use and at rest. When combined, these two technologies provide a powerful method for securing sensitive data wherever it exists. Get proof here.
  Spotlight on Consumer Electronics 
 
  • Report: More consumer electronics retailers at risk
    Traditional consumer electronics retailers that don't find ways to adjust to the era of online competition are at risk of disappearing, according to market analyst Canalys. "CE retailers now offer very few benefits to consumers. They appeal to the rapidly shrinking proportion of people who are unable or unwilling to shop online," said principal analyst Alastair Edwards. ZDNet (Asia) (17 Apr.), Vision2Mobile.com (18 Apr.) LinkedInFacebookTwitterEmail this Story
How can you help your company get well sooner?
Visa Healthcare cards reduce paperwork, reimbursement checks and mailing costs, making your job go faster and more streamlined. They also provide employees convenient access to health-benefit funds, which means happier employees and increased enrollment. Visit visa.com/healthcare to learn more.
  NRF News 
  • Macy's, L.L. Bean and Overstock.com to attend NRF's Global Supply Chain Summit
    Senior supply chain executives from some of retail's leading companies are headed to the NRF Global Supply Chain Summit, May 6-8 in Atlanta. The event brings supply chain leaders and strategic partners together to discuss the most important issues impacting retail supply chain management. Register by April 20 and save $200 off the on-site registration price. Learn more. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
Things alter for the worse spontaneously, if they be not altered for the better designedly."
--Francis Bacon,
British author and statesman


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