Stinging from slowing growth in emerging markets, competition from niche brands and foreign currency woes, cosmetics companies are aiming to tap opportunity in the multicultural beauty market.
From travel guides to shopping portals, new Internet ventures aim to capitalize on the growing “Muslim lifestyle” market, which is expanding beyond food to include areas such as tourism, fashion and credit cards.
Women account for an estimated 90 percent of the 180,000 workers in Myanmar’s garment industry, which is expanding again following the easing of international sanctions.
Cambodia is raising the minimum wage in its important clothing industry by 28 percent to $128 a month, falling short of labor unions’ $140 proposal.
Despite its sputtering economy, Brazil continues to be a prized target market for international fashion brands
Once they’ve cracked Brazil and Mexico, many fashion executives are now looking to Colombia, South America’s third biggest economy, to help boost their balance sheets as the country shakes off its violent image.
As China’s consumer revolution advances, there are still a slew of misconceptions about shoppers in the world’s largest luxury market.
Bernardo Huberman explains HP Labs research | Source: Youtube Got Twitter? You’ve Been Scored (NY Times) “Imagine a world in which we are assigned a number that indicates how influential we are… If your influence score is low, you don’t get the promotion, the suite or the complimentary cookies. This is not science fiction. It’s happening to millions of social network users.” Skirting the Issue of Gender (IHT)