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Neiman Marcus recently filed for an IPO, saying that all net income will be used to pay down debt and for operations and expansion. Speculation is that Neiman Marcus may be on the verge of building an omni-channel luxury retailer and expanding overseas, two things the company may have to do to survive. Neiman Marcus is also investing in technology, giving phones to employees to use as sales tools and investing in infrastructure.
"Made in Kazakhstan" is a government campaign to raise awareness of local foods and goods and is considered a success. By focusing on national pride and the desire to support the economy, many brands that were impacted by the devaluation of the Russian ruble continue to see strong sales. However, while the campaign gave these brands exposure, it will be up to each individual brand to maintain awareness and quality....
SodaStream revealed in a recent investor call that sales were down by almost 40 percent. The company is in the midst of switching its marketing campaign from focusing on its environmentally friendly properties to the fact that its machines can carbonate water. The hope is that by plugging into consumer’s desire to drink more water, the company can recapture lost sales.
Koivunmahlavettä – koivusta uutettua nestettä, on nautittu Itä-Euroopassa ja Pohjoismaissa jo vuosikymmenten ajan, mutta vasta hiljattain terveysammattilaiset julistivat koivunmahlaveden seuraavaksi ihmetuotteeksi. Koivunmahlavesi, joka kemialliselta koostumukseltaan on verrattavissa kookosveteen, on vähäkalorinen ja sisältää runsaasti vitamiineja ja mineraaleja. Sen suosion kasvua saattavat kuitenkin hidastaa kallis tuotantoprosessi ja lyhyt säilytysaika. Tästä huolimatta koivunmahlavesituottee...
Birch water, which is extracted from the liquid absored by birch trees, has been consumed by Eastern European and Nordic countries for decades and recently discovered by health enthusiasts who claim it as the next 'miricle product'. Similar in chemical makeup to coconut water, the drink is low in calores and cotains essential vitamins and minerals. However the extraction process is tedious and the shelf life is short. If marketed correctly, birch water could go head to head with coconu...
In the past five years, restaurants have moved into the online space faster than originally expected due to technological saturation. Food delivery is growing exponentially and restaurants that wouldn’t normally offer delivery options can now make use of independent contractors who own their own vehicles. There are even restaurants opening with no physical storefront - the menu appears online only with food being ordered via an app or website and delivered directly to the consumer. In developed ...
Arcus Wine Brands in Norway is releasing several new wines that are specifically labelled "low in tannins" and "low in histamines" for consumers that suffer from red wine headaches. Communicating reduced histamines and tannins directly to the consumer is not required by EU law, thus this educational approach is a novel idea that may spread outside of Norway in the near future....
“Brew” is a new concept currently undergoing crowd funding in England that could potentially change the way consumers drink tea. Although tea is heavily consumed in the country, much of that consumption is done in-home with tea bags. Brew aims to create a pub-like environment that puts the tea front and center, looking at new methods to brew loose-leaf tea.
On a recent conference call, SCA Group announced its intention to exit the diaper market in Brazil. The move seems well judged, as the company can now focus solely on the adult incontinence products – the fastest growing category in disposable hygiene products in Brazil.
PepsiCo recently released its earnings report, showing a massive strength in its snack food brands but a difficult second quarter performance for its beverages brands. Coca-Cola, on the other hand, will release its earnings report this week and does not have a snack foods brand to fall back on if weak performance arises. However, Coke has both a stronger market share and bigger business for its beverages brands.
Super premium foodservice operators, which include coffee shops and bakery cafes, are expanding internationally and looking to Japan to take that first step. Many of these operators are creating an artisanal spin on concepts that are tried and true, and Japan is a natural step in their business plans. The country has been offering expertly crafted food and beverages at low prices for years, including noodle shops, bars, and other traditional formats. This makes premium concepts an easier sell fo...
Once only considered for its natural resources, Africa has become an economic driver since the global financial crisis. Sub-Saharan Africa is home to a young and growing population, a vibrant consumer market, and an increasing mobile connected population. Companies considering expansion to Sub-Saharan Africa need to be mindful of distribution challenges, the evolving African market and the lower discretionary income of the average African consumer....
Amazon's "Prime Day" on July 15 will feature unprecedented deals throughout the site for Prime members and will aim to showcase Amazon Prime's ancillary features as well as maintaining and growing its customer base. With competitor sites such as Jet.com, Wal-Mart's ShippingPass and eBay's eBay+ launching later this year - all with cheaper membership fees - Prime Day could be seen as a defensive act. Amazon gets more members and convinces current subscribers not to j...
Cigarettes volume sales in India recorded a faster decline in 2014 as compared to 2013. The faster volume decline is likely to continue over the forecast period 2015-2019 as well. While the sharper decline was triggered by the two consecutive excise duty hikes in 2014, the Indian government continues to contemplate on implementing stricter measures including the ban sale of loose cigarettes....
With Greece voting “no” on July 5 th , Greece now defaults on all of its debt. Although the Greek government states that the vote strengthens its position to bargain with the rest of the Eurozone, the Germans are unlikely to make further concessions. In order to keep funding their government, Greece may have to reintroduce the Drachma or some form of I.O.U.’s....
Recientemente, Amazon lanzó la versión completa de su tienda en México, lo que ha generado mucha expectativa. El retailer online ya contaba con una versión limitada de su tienda en el país pero ahora entra a irrumpir en el mercado ofreciendo su gama completa de productos. En este podcast, Ingrid Belmont, analista de investigación en Euromonitor International discute cuál será el impacto de la entrada de este gigante frente al panorama actual de Retail por internet en México, así como lo que pode...
