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March 4, 2015

The Growing Impact of Emerging Economies on the Internet


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The arrival of devices like budget smartphones has allowed low-income households in developing economies has led to increasing internet penetration in those markets. In 2013, 70% of internet users were located in developing countries. Mobile internet is the driving force behind this rapid growth.  Listen to the podcast for complete insight.

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March 2, 2015

Q&A: First Steps to Success in Emerging Markets


View Sarah Boumphrey's profile on LinkedIn

My recent webinar “First Steps to Success in Emerging Markets” explored the vital factors for consideration when selecting new country markets. These are framed by our four pillar model: Market, Population, Access and Business Environment; which brings methodological clarity to the market selection process.  Attracting more than 300 attendees, the webinar ended with a thought-provoking Q&A session. Highlights of which are below.

How do you rate Cuba as a prospective market?

Cuba has been identified by Euromonitor as a “Consumer Market of the Future”, even before the thaw with the US. It has some demographic challenges – a relatively old population in slow decline, low average incomes and weak infrastructure - but it also has growth potential for fast-moving-consumer goods – tailored to suit local tastes. Yet competition already exists from Chinese companies and Spanish, as well as home-grown. Also tackling issues like a lack of brand awareness and a culture unused, or unaccepting of commercialism, means it’s not without its challenges. Although the US embargo has not yet been lifted, the time might be right to re-evaluate Cuba’s potential as a consumer market.

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March 1, 2015

Topshop Suffers a Setback in Japan

Emily PottsAnalyst Insight be Emily Potts - Contributing Analyst

No UK high street would be complete without a Topshop, the brand has firmly secured its place as a stalwart of teen and 20-something fashion. And, in recent years, parent company Arcadia has made no secret of its ambitions to replicate this success on high streets the world over. Since 2013, Topshop has brought its unique blend of cult cool and quirky designs to the US, Australia and China. In Japan, however, where Topshop first opened in 2006 with a goal of having 10 stores in the country, the brand’s bid to be a global player has suffered a setback. In January 2015, without an official announcement, Topshop closed its five Japanese stores. News filtered through from social media when shoppers posted pictures of closed stores.

Distracted by bigger prizes?

Topshop’s stores – two in Tokyo, plus one each in Yokahama, Osaka and Chiba Prefecture – were operated by franchise partner Mori Retail Systems. According to media reports, this partnership came to an end in May 2014. With its franchise agreement at an end, Topshop could simply be stepping back to reassess its approach to the market. This seems unlikely, however, given the seemingly hasty nature of the closures – some stores were left fully stocked.

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February 25, 2015

Higher Education Rising Globally

A rising population with higher education goes hand-in-hand with a shift toward more sophisticated job sectors. This, in turn, drives rising levels of disposable income. This video examine causation, trends and specific markets experiencing the highest growth rates in consumers pursuing advanced degrees.

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February 24, 2015

Euromonitor to Speak at Interpets 2015


Event Name: interpets

Location: Tokyo Big Sight East Hall

Date:  2nd  – 5th April, 2015

Event Description: The 5th version of Interpets will shift its date from late July to early April, and will be held as a part of the AJPET. Interpets has grown as the largest trade fair in the Japanese pet market since its sensational debut in 2011. Its unique variety of exhibitors continues to attract visitors from diverse industry sectors.

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2015 Outlook for Emerging Market Economies


EMEs will face a diverging growth outlook in 2015, while continuing to lead the global growth momentum. Low fuel prices will benefit energy-importing countries thanks to savings to countries and consumers and narrow current account deficits, but it will depress the revenues of commodity-exporting emerging countries. Meanwhile, increased volatility in capital inflows and currency, and further geopolitical destabilisation in some countries/regions remain the major risks for EMEs.

Key points 

  • In 2015, annual real GDP growth in 25 key EMEs is forecast to increase by 4.4% (fixed US$ constant terms), marginally up from 4.3% in 2014. While growth is expected to pick up in some emerging countries thanks to falling oil prices and an improving US economy, fragilities in the global economy and existing weaknesses will affect other countries’ growth prospects;

  • Apart from global oil prices, China’s slowdown, the prospects of interest rate hikes in the USA and geopolitical risks are the major factors impacting the growth outlook of EMEs in 2015. China’s slower growth will have knock-on effects on commodity exporters, while a rise in interest rates in the USA will have immediate impacts on some emerging countries’ current account balances and currencies. Turkey’s current account deficit stood at 5.3% in 2014, down from 7.9% in 2013;

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February 23, 2015

Macro Model Quarterly Forecast Update, 2015 Q1

Daniel SolomonAnalyst Insight by Daniel Solomon - Economist

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The global economic outlook for 2015-2016 presents a mixed picture. The Eurozone’s recovery remains weak, with Italy re-entering a recession at the end of 2014 and slower than expected growth in Germany and France.  Eurozone growth is expected to reach 1.1% in 2015 and 1.6% in 2016. Japan’s economy is expected to barely grow by 0.3% in 2015 after entering a technical recession in the 3rd quarter of 2014. The US and the UK are expected to continue their relatively strong expansion in 2015, with GDP growth of 3.3% and 2.5% respectively.

China is expected to slow down towards an average growth rate of 6% in 2017-2021. India is expected to rebound in 2015-2016 towards an annual growth rate of 6.4% in 2017-2021. Meanwhile our outlook for Brazil has worsened yet again with 0.5% growth in 2015, followed by below average growth of 1.7% in 2016. Russia is now expected to spend 2015-2016 in recession with output falling by 3.8% in 2015 and by another 0.4% in 2016, and the risks are heavily tilted to the downside.

In the rest of this report, we take a closer look at the economies of the US, Eurozone, China, Japan, Russia and the UK. In this report, we have also started to publish long term potential growth rate forecasts for 2022-2030.

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February 22, 2015

Euromonitor to Speak at the Asia Pacific Nonwovens Symposium 2015


Event: Asia Pacific Nonwovens Symposium

Event Dates: May 11-12, 2015,

Event Location: InterContinental Shanghai PUXI Hotel, Shanghai, China

Website: http://2015.nonwovens-symposium.com/en

Speaker: Jiaqi Du 杜佳琪 Senior Research Analyst  资深研究分析师

Presentation Topic2014年中国及全球吸收用品行业的回顾及展望

Overview and Trends of China and Global Hygiene Market

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February 20, 2015

Interview Series on Multicutural Beauty: Mauli Teli on Halal Beauty

Oru_MohiuddinInterview conducted by Oru Mohuiddin - Senior Beauty and Personal Care Analyst

View Oru Mohiuddin's profile on LinkedIn

Euromonitor International is pleased to present an interview with Mauli Teli, who along with her sister founded India's first halal cosmetics. The range has created quite a ripple around the world. In this series, Mauli discusses the factors prompting them to think about halal cosmetics in the first place and how the range is performing in addition to how she expects the range to unfold going forward.


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February 19, 2015

Nestlé FY2014 Results Confirm its Need to Rethink its China/US Strategy

Lianne van den BosAnalyst Insight by Lianne van den Bos - Food Analyst

View Lianne van den Bos's profile on LinkedIn

Nestlé today reported global organic sales growth of 4.5% for the 2014 financial year, with sales exceeding CHF91.6 billion. When questioned during its financial results presentation, Nestlé’s CEO Paul Bulcke highlighted that “this year’s performance wasn’t great or outstanding, but we achieved solid growth given the market conditions”.

Whilst Nestlé grew in line with market performance, is it enough for the world’s biggest food company? Euromonitor examines if “solid growth” can be turned into “great growth” in two of its largest markets, China and the US. With growth for Nestlé lagging behind its key competitors, we look at what they are doing differently to outperform the market. 

Nestlé's Sales and Organic Growth - FY2014


Source: Nestlé 2014 Financial Results Press Release

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Recent Posts

The Growing Impact of Emerging Economies on the Internet

Q&A: First Steps to Success in Emerging Markets

Topshop Suffers a Setback in Japan

Higher Education Rising Globally

Euromonitor to Speak at Interpets 2015

2015 Outlook for Emerging Market Economies

Macro Model Quarterly Forecast Update, 2015 Q1

Euromonitor to Speak at the Asia Pacific Nonwovens Symposium 2015

Interview Series on Multicutural Beauty: Mauli Teli on Halal Beauty

Nestlé FY2014 Results Confirm its Need to Rethink its China/US Strategy