Luxury retailers say they're prepared for next economic storm

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03 October 2011 Sign up Forward Archive Advertise Global retail industry news   Global Industry Watch    Luxury retailers say they're prepared for next economic storm Executives at luxury retailers say they are prepared for the next economic downturn after learning some lessons from the last slowdown. "Luxury brands have done a great job of learning from the last crises," said Jean-Christophe Babin, chief executive officer at Tag Heuer. Many luxury brands are benefiting from efforts to enter China and other emerging markets ahead of significant demand, according to Ira Kalish, global director of research at Deloitte. Gulf Times (Qatar)/Reuters (02 Oct.)      Australian retailers and banks deal with Eftpos change In Australia, customers' banks have traditionally paid retailers' banks when a consumer used a savings or cheque account to make a purchase. That's changing, however, as retailers' banks will have to start paying customers' banks for transactions of $15 or more. The consumer group Choice is encouraging retailers to avoid passing on the cost to their customers. The Sydney Morning Herald (Australia) (30 Sep.)      Dubai officials outline consumer rights The Department of Economic Development has issued the new Blue Book, which governs relationships between between retailers and customers. Large retailers say that they are already complying with the rules but that the regulations will hit smaller retailers that are not complying. Gulf News (United Arab Emirates) (03 Oct.)      Are spreadsheets at the center of your period-end close? In 2005, the Canadian company, TransAlta suffered from a $24 million charge after a bidding mistake was caused by a cut-and-paste mishap in a spreadsheet. Don’t let this be you! Download this eBook to learn how injecting automation into your close process can help you steer clear of costly mistakes.   Retail in Europe    Funds see New Look as possible target New Look is preparing to announce that it has suffered another decline in trading, prompting interest from so-called "vulture funds," which buy up distressed debt. Although New Look has taken a number of steps to shore up its financial system, it continues to struggle due to tough trading conditions in the UK. The Telegraph (London) (02 Oct.)      Other News Morrisons reportedly interested in acquiring Garden Centre Reuters (02 Oct.)      Improve Holiday Sales Results with Tools from Akamai! Now is the perfect time to ensure your website will hold up to the rush of holiday shoppers headed your way. With the challenges facing retailers this holiday shopping season, it's never to soon to focus. Download Akamai's Holiday Toolkit now!   Retail in Asia    RIM aims to extend lead over Apple in India RIM is planning to expand distribution in India to 80 cities as part of its push to increase its lead over Apple, according to Krishnadeep Baruah, director of marketing for RIM in India. Apple sells its products through licensed resellers in India, which tends to make them less accessible. Bloomberg (02 Oct.)      Gome plans to conduct more research on property venture Gome Electrical Appliances has put its plan for a property venture with its jailed founder on hold. The announcement sparked a sell-off in the Chinese retailer's shares. "The company will re-evaluate various factors relating to the proposal and continue to study how to obtain attractive retail, storage and logistics properties in the second- and third-tier cities," according to a statement from Gome. Bloomberg (03 Oct.)      India considers opening FDI in single-brand retail more India currently allows 51% foreign direct investment in single-brand retail and is now considering allowing 100% FDI. "We have discussed the proposal internally and it was even put up before a joint government-industry task force," a government official said. The move comes as officials in India struggle to reach an agreement over FDI in multi-brand retail. The Economic Times (India) (03 Oct.)      White Paper: The Sustainability Advantage in CPG — Accelerating Success with Eco-Design. Learn how CPG manufacturers, private label providers and retailers can gain valuable time and a competitive edge by developing and executing a cohesive sustainability strategy across the enterprise, leveraging PLM. Download it now.   E-commerce Spotlight    Nelly.com expands e-commerce to 27 countries Swedish-based apparel and accessories online retailer Nelly.com has expanded sales to 27 countries, and the company plans to continue its global expansion. The site features styles from 750 different brands. InternetRetailer.com (30 Sep.)      Scheduling That Works for Employers and Employees: It's Not a Mirage Download the white paper How Automated Schedule Design and Management Benefits Both Employers and Employees for valuable tips on giving scheduling control and flexibility to employees. The result? Automated scheduling increased employee effectiveness for 84 percent of managers.   Spotlight on Mass Merchandise    ALDI plans to open new stores in Australia ALDI, the German supermarket chain, has ambitious expansion plans in Australia as it strives to lure customers away from Woolworths and Coles. The company plans to reinvest millions of dollars in new stores and warehouses. The Sydney Morning Herald (Australia) (03 Oct.)      Tokenization is more than a security measure and more than a cost savings technique. It can be used to build your business. This white paper discusses the ways tokens can be used in back-end business operations to develop powerful marketing programs.   NRF News  3 ways to convert browsers into confident buyers Potential online customers have found you through search. Now what? Attracting customers and converting them into confident buyers are two sides of the same coin. In a recent addition to the Shop.org white paper library, McAfee's Sam Rastogi shares three must-haves for converting those browsers into confident buyers -- trustmarks, clarity and user-generated content. Learn more.      Join NRF  |  NRF Events  |  FIRAE  |  STORES  |  Training and Certification   SmartQuote  The man who trims himself to suit everybody will soon whittle himself away." --Charles Schwab, American businessman        This SmartBrief was created for cpgbrokers.data@blogger.com   Subscriber Tools       Update account information | Change e-mail address | Unsubscribe | Print friendly format | Web version | Search past news | Archive | Privacy policy Grab our News Widget Publish your Press Release   Advertise Associate Publisher:  Susan W. Kim (202) 407-7877 Download Media Kit       Recent NRF Global SmartBrief Issues: Friday, 30 Sep 2011 Thursday, 29 Sep 2011 Wednesday, 28 Sep 2011 Tuesday, 27 Sep 2011 Monday, 26 Sep 2011     Lead Editor:  Liz DeHoff       Mailing Address: SmartBrief, Inc.®, 1100 H ST NW, Suite 1000, Washington, DC 20005 USA     © 1999-2011 SmartBrief, Inc.® Legal Information

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7 lessons from innovative nonprofit campaigns

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October 3, 2011 CONNECT WITH SMARTBRIEF News for SmartBrief prospective partners Sign up Partner with us Publications About SmartBrief   What's Happening  SmartBrief releases news reader app for iPhone, iPod Touch SmartBrief's new iPhone application -- which was the No. 1 free news app in the iTunes App Store and reached nearly 12,000 downloads in its first day of release -- extends the reach of the SmartBrief service by allowing business professionals to access and share industry news when and how they want via any device on the iOS platform. Readers can manage multiple briefs in one convenient place, save relevant stories and review archived content -- all without an active mobile connection. The app also allows readers to share articles via Twitter, Facebook, LinkedIn and e-mail. Click here to download the app from the App Store. Read the complete news release.   Top tweets: Executive changes, security breach and policy concerns News from around the association, professional society and nonprofit world: Rule change would prohibit federal employees from attending trade association meetings Report: Intelligence and National Security Alliance website hacked, member info revealed National Certification Board for Therapeutic Massage & Bodywork CEO steps down, interim leadership named F&B trends for association/nonprofit meetings New association formed: National Association of Shrink Wrapping Professionals Association of Learned and Professional Society Publishers names new CEO Best practice: How to fight dysfunction at your association National group born from merger of National Association of ATM ISOs, Operators + Alliance of Specialized Communications Providers Motion Picture Association of America reshapes leadership team United States Composting Council hires new exec director 7 lessons from innovative nonprofit campaigns Nonprofit groups are experts at doing more with less, and that holds important lessons for corporate innovators. Groups such as GiveWell, DonorChoose.org and Charity: Water use innovative technologies, business models and marketing techniques to further their causes and spur supporters to action. Inc.com (9/19)   Leadership Focus  Is your management style a royal mess? Bad bosses often put on regal airs, putting their careers and brands ahead of their companies' fortunes, writes Jeff Haden. It's far better to disappear into the background and let business priorities take precedence over your own ego, Haden argues. "If your employees always have you in mind, you're not charismatic or influential, at least not in a good way." BNET/Owners' Manual blog (9/19) Is weak language ruining your presentations? Even the best presentation can be ruined by vague, hesitant phrasing, Jerry Weissman warns. Asides such as "to be honest" or "like I said" can make your entire speech seem dull, unconvincing or even dishonest. "[E]mpty words ... surround and diminish meaningful words, just as weeds diminish the beauty of roses in a garden," Weissman writes. Harvard Business Review online/HBR Blog Network (9/14) 3 ways to act on your workers' bright ideas Implementation is the hardest part of innovation, writes Robert F. Brands. Be selective about which ideas to back and which to drop, and stay nimble and flexible as you test them. "Implementing innovation depends on a disciplined strategy customized to the needs, size and culture of an organization," Brands writes. Innovation Coach (9/20)   Other News 100 reasons you'll never be an innovator The Heart of Innovation blog (9/22) How employee growth can help retain talent FastCompany.com/FC Expert Blog (9/19) Want to do better? Stop believing in yourself BNET/Serial CEO blog (9/19)   About SmartBrief  What we do SmartBrief publishes industry-specific e-mail newsletters in partnership with prominent associations, professional societies, corporations and nonprofits. More than 4.5 million executives and professionals rely on SmartBrief every day to stay informed and save them time. Visit here to view our partners, see samples and subscribe. For updates, follow us on Twitter or become a fan on Facebook. Want to explore partnering? Let's talk.   Media 2.0  5 ways to use social media marketing without creeping people out Social media can be a great way to connect with customers, but being too in-your-face on social sites can put them off, writes Laura Horton of Pardot. Try to help people with their problems and share relevant industry information instead of constantly promoting your product, she recommends. "If you toot your own horn only once in a while, people will start to listen," she writes. VentureBeat/SocialBeat (9/18) The 3 Facebook changes that matter most to marketers The option to subscribe to content from users via Facebook and the changes to the news feed are opportunities for marketers to refocus on word-of-mouth techniques, this blogger writes. The network also is set to eliminate the option to auto-post content from an RSS feed, compelling marketers to make their content more personal. Never Stop Marketing/Igniting The Revolution blog (9/21) Google+ is almost ready to open its doors to marketers, exec says Google+ soon will roll out profile pages for businesses, a move that will allow marketers to create profile pages and Circles, a Google executive says. So far, only Ford and General Motors have received Google's blessing to test the network's marketing potential, but cybersquatters have nonetheless registered accounts in the names of brands such as Kraft Foods, Coca-Cola, Snapple and Louis Vuitton. That could spark a replay of the Twitter land-grab, which forced some companies to wage long legal battles with squatters to secure branded accounts, according to this article. Advertising Age (tiered subscription model) (9/26) Other News 6 launching pads for content ClickZ (9/16) Stop looking for a single way to measure ROI BrianSolis.com (9/1) More content doesn't automatically mean better SEO -- or happy readers B2C Marketing Insider (9/15)   SmartNugget  A quick 'n' tasty roundup of global fast-food chains A hamburger topped with a fried egg, and with black beans, white rice and French fries on the side. That's fast food in Brazil. In Germany, fast food is codfish fillets in a mustard sauce with chives, mixed vegetables and parsley baby potatoes. The next time you're overseas, you may want to slum it with local fast food that's out of this world. BudgetTravel.com (8/30)     Subscriber Tools Click here to unsubscribe from all future promotional messages. Sign up |  Print friendly format |  Web version |  Privacy policy SmartBrief Team Partnership Sales:  partnerwithsb@smartbrief.com (202) 407-7865 Senior Editor: Jessica Strelitz SmartBrief, Inc.®, 1100 H ST NW, Suite 1000, Washington, DC 20005   About SmartBrief® SmartBrief delivers the day's most important industry news to the desktops of key decision-makers. About SmartBrief All SmartBrief industry-specific publications SmartBrief in the news Partner with SmartBrief Follow us on Twitter @SmartBriefScoop Follow us on SmartBlogs   © 1999-2011 SmartBrief, Inc.® Legal Information

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