Daily Digest

12 March, 2013

Chinese Designers Must Connect to International Customers

Huishan Zhang Autumn/Winter 2013 | Source: Nowfashion

“In the 21st century, China wants to become known as a design and innovation center – and nolonger just as a manufacturing powerhouse. Its eye is set on creating brands and products that will win the world, much like Apple, Louis Vuitton and Ikea. But to build that reputation, it has toovercome the stigma of churning out subpar, imitation goods.”

Vuitton and Tiffany Seen Pressured in Japan by Weaker Yen

Tiffany & Co. store | Source: The Business of Fashion

“In Shinzo Abe’s Japan, diamond rings and logo handbags will cost more  to buy and to sell. Tiffany & Co. and Harry Winston stores will follow Louis Vuitton in raising some prices to offset the yen’s 12 percent slide since Prime Minister Abe took office Dec. 26 with a promise to tame the currency’s strength and revive Japan’s exporters.”

Could This be London’s Tech Moment?

Silicon Roudabout | Source: Tech Meetup

“As the internet evolves, many in business and government see London playing a central role in what comes next… Big US technology companies such as Facebook, Google, Microsoft, Cisco and Intel have begun to take notice. Facebook recently opened its first engineering office outside the US in Covent Garden.”