Wednesday, May 30, 2012

Italy's fashion industry may feel earthquake fallout

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30 May 2012
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  • Italy's fashion industry may feel earthquake fallout
    A second significant earthquake hit the Emilia-Romagna of Italy Tuesday morning, nine days after a 6.0 quake collapsed buildings and took lives in the area, about 100 miles from the country's fashion capital of Milan. The region is home to textile factories and other manufacturing operations, and the country's largest business organization says it expects long-term fallout from the natural disasters. Women's Wear Daily (subscription required) (29 May.), Reuters (30 May.) LinkedInFacebookTwitterEmail this Story
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  • Chinese consumers cut back on Hong Kong shopping trips
    Hong Kong has seen a decline in visits by consumers from mainland China as some tighten their belts as economic growth at home slows and others travel and shop elsewhere. Hong Kong's upscale retailers have come to depend on spending by the 28 million annual visitors from China, and some say they're seeing sales growth slow. The Wall Street Journal (29 May.) LinkedInFacebookTwitterEmail this Story
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  • High street stores to start accepting PayPal
    About 230 UK shops owned by Auroria Fashions will now allow customers to pay using PayPal's mobile application. The high street shops including Coast, Oasis, Warehouse and Karen Millen don't need to install any special equipment to process the payments, PayPal says. ShinyShiny.tv (30 May.) LinkedInFacebookTwitterEmail this Story
  • Ocado uses 3D gaming tech to monitor warehouse
    UK online grocer Ocado is using 3D software created for video games to monitor activities at its Hatfield, England distribution center, and will incorporate the technology when it opens a second center early next year. Ocado expects to double the number of products it sells and beef up its inventory of nonfood products during the next 18 months. Bloomberg (29 May.) LinkedInFacebookTwitterEmail this Story
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  • Burberry plays up British heritage with new digital efforts
    Burberry will let customers buy pieces from next season's collection directly from an online gallery and series of short films on its website, in an expansion of a program launched last year that lets VIP customers order looks that have just debuted on the runway. The luxury brand will also launch a series of commercials playing up Burberry's heritage to tie in with the Queen's Diamond Jubilee and the upcoming London Olympics. Brand Republic (U.K.) (29 May.) LinkedInFacebookTwitterEmail this Story
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