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December 21, 2011

Daily News: A Global Roundup

By JC Report
Daily News: A Global Roundup
“The prevalence of smartphones and price scanning applications is transforming the nature of shopping” (FT)
“Nike Inc’s quarterly results beat Wall Street estimates, as its swoosh logo attracted shoppers, especially in emerging markets, despite higher prices.” (Reuters)
“Counterfeiting is one of the fastest growing crimes, and shows no signs of slowing down. The World Customs Organization estimates annual global trade in illegitimate goods is about $600 billion, and this figure is expected to rise to $1.7 trillion by 2015. It is estimated that between 5% and 7% of worldwide trade is from the counterfeit market.” (Fashion’s Collective)
“From blushing brides to dramatic falls from grace, Susannah Frankel charts the highs and lows of the international style set in 2011.” (The Independent)
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