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  | Global retail industry news |  |
- Australians save instead of spend amid boom
Australia's economy is growing faster than that of the US, Europe and Japan thanks to a mining boom, but the new prosperity isn't giving the nation's retailers a boost. Higher food and fuel prices have households cutting back on other spending, and consumers are socking more away in savings. Bloomberg (30 Dec.)       | Consumer Insights Your Brand Needs to Know: Latest Trends in Behavioral Advertising
Learn what brand managers, advertisers, as well as networks, agencies, and publishers need to know about consumer survey insights into behavioral ad serving, also known as interest-based advertising. Learn more today! |
 - Ireland's retailers ring in 2012 on a low note
Retail sales in Ireland rose early in December but slowed later in the month, and while overall holiday sales appear to be up, the country's merchants are concerned about their sales prospects for 2012, according to Retail Ireland. Shoppers are snapping up discounts and deals before the year ends, possibly to avoid a 2% VAT increase that takes effect next week, said director Stephen Lynam. The Irish Times (Dublin) (30 Dec.) - Montblanc looks to luxury watches for future growth
A growing demand for luxury watches in China is fueling Montblanc's growth as sales of high-end pens level off, the company says. The unit of Cie. Financiere Richemont has been diversifying into luxury goods for the past decade, and its offerings now include diamond jewelry and high-end timepieces that cost up to $310,000. Bloomberg Businessweek (29 Dec.)  | Inside-ERP experts have new research on the state of the ERP market today. Read this brief to understand the ERP market and how it affects your business. Whether you're considering a new solution or just want to see what’s changed, our brief has you covered. Download the report now! |
 - Survey: Latin America set for online shopping boom
Online shopping in Latin America is on track to grow 20% annually during the next few years and reach $30 billion in 2013, according to a survey by yStats.com. Brazil leads the way, with more than a quarter of online shoppers making at least 10 online purchases in the first half of this year. RCR Wireless News (29 Dec.)  | Key Steps Business Owners Should Know About Successful International Payments. This American Express® guide helps you streamline FX payments. Includes FX payment provider profile, how to simplify payments, and insightful FAQ. |
 - HMV Canada counts on streaming service for comeback
Music retailer HMV Canada plans to launch an online streaming service in March, part of a plan to turn around its fortunes after a year of store closures and slower sales. The service will cost users $5 per month for unlimited access through a computer and another $5 for mobile access, the company said. The Globe and Mail (Toronto) (29 Dec.)  | Your job as an Exchange administrator isn't easy. You have to respond to lost messages, handle email discovery requirements, and keep everything up and running. Is there an easy way to manage your Exchange environment — and do it under budget? Learn about the challenges faced by three real organizations, and how using the right solution brought them peace of mind. |
 - What comes between the runway and the rack
Consumers around the globe will see versions of some of the drop-waist dresses and ruffle-adorned jackets that graced the runways of the spring shows last fall, but the couture versions will be modified for the masses, industry experts say. "We try to make the trends happen for a broader audience than the fashion tribe who pick up on trends immediately," says Stephanie Solomon, vice president for fashion direction at Bloomingdale's. The New Zealand Herald (28 Dec.) - Designers bet big on resortwear in India
A resortwear show in Goa, India, this month illustrated the investment many designers are making in the category. "What most Indian women wear in cities is really resortwear -- loose and more comfortable styles with breathable fabric -- so the fashion week of this theme is really catering to women in our cities," said designer Narendra Kumar. Women's Wear Daily (subscription required) (28 Dec.)  | Principles of Checkweighing - Building an Effective Program
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| Editor's Note | | | | - SmartBrief will not publish Monday
In observance of the New Year's holiday, SmartBrief will not publish Monday, Jan. 2. Publication will resume Tuesday. Enjoy the holiday! | SmartQuote | | | |  | Anger makes dull men witty, but it keeps them poor."
--Francis Bacon,
British philosopher and statesman  |
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