MARKETING

Number of Black Friday Weekend shoppers increase from last year

Holiday shoppers walk through Time's Square in New York
The National Retail Federation (NRF) said that 212 million U.S. shoppers visited stores and websites over the Black Friday weekend, up from 195 million last year. Moreover, the average shopper spent $365.34 this weekend, up from last year’s $343.31 figure.
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Shoppers rush through the doors of Macy's at 5a.m. ET in search of Black Friday bargains in New York, November 27, 2009.

Black Friday is now part of the culture

Beginning well before midnight on Thursday, in malls throughout the nation, the lifeblood of the American economy – the consumers – will start queuing up outside the locked entrances of various retail stores, forming longer and longer lines, clutching ads and lists and coupons, sipping coffee and hot chocolate, rubbing their hands and stomping their feet for warmth, exciting each other with anticipatory chatter, and waiting, waiting for the clock to strike the appointed hour, the clerk to open ...
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Hollywood studios sue DVD sanitizer, seek injunction

Several Hollywood studios, including Paramount, Warner Bros., MGM, Disney, Universal and Fox, have filed a lawsuit against DVD sanitizer Family Edited DVDS, Inc. and are seeking a permanent injunction to stop the company from altering movies to be free of objectionable content and distributing them to consumers as family-friendly.
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Internet Crime Complaint Center logs 2 million entries

The Internet Crime Complaint Center (IC3), which was set up by the Federal Bureau of Investigation (FBI) and the National White Collar Crime Center in May 2000 to monitor and prevent cyber crime, recently logged its 2 millionth consumer complaint.
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Is Google about to launch fashion portal?

Tech websites are abuzz with talk about Google preparing to launch its own e-commerce site and upgrade its shopping services to emerge as a force to reckon with in the multi-billion dollar online shopping business.
A general view shows the illuminated Jawaharlal Nehru Stadium

India's tourism sector poised to grow post-CWG

The arrival of foreign tourists in India in October 2010 saw an upsurge by 9 percent against the arrivals over the same period last year. The figure is a strong indication of the tourist inflow from overseas will further increase in the coming years.
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Eyetracker to wake up drowsy drivers

Scientists have developed a device that can prevent several road accidents and save thousands of lives due to drivers falling asleep while driving.
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Watchmaker Hublot’s High Expectation from Asia

Swiss watch brand Hublot is planning to double up its stores in the promising Asian market especially China. The soccer World Cup time keeper has already plans to open at least 15 stores by next year.
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Louis Vuitton Is World’s Top Luxury Brand: Survey

Louis Vuitton tops the list of 100 Best Global Brands, according to Interbrands annual listing. Interbrand, a major brand consultancy firm announced its results this week. A subsidiary of LVMH, Louis Vuitton was ranked 16th among brands of all category.
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Philippine travel sector shrugs off hostage crisis impact

Tour operators in the Philippines believe that the global tourism industry has shrugged off last month's hostage crisis in the country and will flock to this Asian destination in the coming months, an apex body of travel agents said.
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Luxury Biz takes the Silk Route

The luxury market which has so far been dominated by the West is facing stiff competition from China. Top global luxury brands like Burberry and Coach are trying to affirm supremacy in market by pouring funds in multi-billion dollars and function on their own instead of running on a franchise basis.
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Luxury Brands on Recovery Track

The recession hit US economy had forced the rich spenders go a little tight on their shopping spree, affecting most high end companies. However, there is good news coming as some top luxury brands are already hitting the recovery path.

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