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92 posts categorized "News from Euromonitor"

June 27, 2014

Smoking Ban in Chile Reduces Cigarette Consumption


In 2013, Chile's legislative body prohibited smoking in all enclosed public places such as bars, restaurants and stadiums. The tobacco market in Chile is enormous, with smokers in the country lighting up 8 times a day on average, and the ban has had a huge effect on the market, reducing consumption of cigarettes in the country by 7 percent from 2012 to 2013. The Chilean government has also heavily taxed cigarettes and passed a law outlawing additives that may increase addiction with the purpose of reducing the amount of money spent on health care. In response to these taxes, tobacco companies are releasing new economy and basic brands of cigarettes.

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Prohibición de fumar en Chile reduce consumo de cigarrillos


En 2013, el órgano legislativo de Chile prohibió fumar en todos los lugares públicos cerrados, tal como bares, restaurantes y estadios. El mercado de tabaco en Chile es enorme, con fumadores que encienden en promedio 8 cigarrillos al día. La prohibición ha tenido un enorme efecto en el mercado, reduciendo el consumo de cigarrillos en el país un 7 por ciento desde 2012 a 2013. Con el fin de reducir la cantidad de dinero que se gasta en atención sanitaria, el gobierno de Chile también ha gravado los cigarrillos y aprobado una ley que prohíbe los aditivos que pueden aumentar la adicción. En respuesta a estos impuestos, las empresas tabacaleras están lanzando nuevas marcas económicas y básicas de cigarrillos.

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June 22, 2014

Five Key Trends from the Retail Asia Top 500 Ranking


Euromonitor International and Retail Asia are pleased to announce the launch of the eleventh edition of the Retail Asia Top 500 Retailers Ranking, listing the largest retailers in the region.

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June 20, 2014

Three Companies Expected to Compete for a Stake in Indesit

All companies interested in purchasing a stake in Indesit must have a proposition in place by June 27, and its expected that three companies will be in the running: Whirlpool, Electrolux, and a Chinese government owned refrigeration company called Meiling. If Whirlpool is selected, they intend to invest money into Italy to begin manufacturing premium appliances in the country, which is in line with Indesit's goals. If Electrolux is selected, they are likely to use their strong research and development to convert and update Indesit's product portfolio. Meiling is expected to bring money to the table but it cannot offer Indesit much else.

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June 19, 2014

Amazon’s Fire Phone Won’t Set the Smartphone Market Ablaze

Weeteck_looAnalyst Insight by Wee Teck Loo - Head of Consumer Electronics

View Wee Teck Loo's profile on LinkedIn

Amazon announced its Fire Phone hoping to replicate the success it had in tablets. Amazon proved to be a formidable competitor in the US tablet market with a 25% share in 2013, surpassing established global brands Samsung (15%).

The phone boasts innovative camera capabilities, a dynamic perspective interface (3D viewing via positive parallax), and critically a deep integration of Amazon’s online products and services. In its quest to stand out from its competitors, Amazon forgot the most important success factor that made the online giant’s products popular in the US: competitive pricing. The Fire Phone pricings as indicated at the launch event is on par with flagship models from Samsung and Apple.

Consumers use tablets for media consumption which explains the success of Amazon’s Kindle Fire, but smartphones are still primarily communication devices with media-consumption functionality. Not a lot of consumers will want to pay premium prices for a highly customised smartphone that locks them into a restrictive and limited ecosystem (as compared to Android’s market place and iOS’s app store) without significant savings.

Continue reading "Amazon’s Fire Phone Won’t Set the Smartphone Market Ablaze" »

June 10, 2014

Successes and Challenges for Brazil

The global spotlight is turning to Brazil for the 2014 World Cup and the main concern for the government is the social unrest that has broken out in the country. Protests calling out poor government spending, weak infrastructure and corruption have taken place in many areas of the country in recent months. However, Brazil remains a target for many FMCG companies due to its large middle class.

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June 4, 2014

On Demand Webinar - Global Major Appliance Production: How Manufacturers and Suppliers Can Find Opportunities


Presenter: Lorenza Della-Santa Analyst - Consumer Appliances

Global major appliance production continues to grow but at a much slower pace. With new emerging regional powerhouses, such as Eastern Europe and Latin America, manufacturers and suppliers should explore which markets can decentralise production and lower costs.

Watch this webinar to learn:

  • Which countries are emerging as regional hubs in appliance manufacturing
  • Where major players are making operational investments
  • How Asia Pacific's slow down will impact the industry

Play-recording-newvisit our webinar archive

May 30, 2014

Apple Acquires Beats by Dre


Apple recently acquired Beats by Dre for US$ 3 Billion, the company’s first major move since the release of the iPad. Both Apple and Beats have very similar marketing strategies and their product lines are sleek and modern, making the move a good fit for both companies. The important acquisition for Apple however is Beats Music, a streaming audio service. Apple had no previous foray into streaming music services so Beats Music can help Apple compete with Spotify, Pandora and Amazon’s recently announced streaming music service.

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Continue reading " Apple Acquires Beats by Dre" »

May 29, 2014

Apple’s US$3 Billion Bet on Headphones and Music Streaming

Weeteck_looAnalyst Insight by Loo Wee Tek - Head of Consumer Electronics

View Wee Teck Loo's profile on LinkedIn

Apple Inc (Apple) officially announced an agreement to acquire Beats Music and Beats Electronics for a total of US$3 billion. Beat Music is the company that offers subscription-based streaming music service much like a smaller Spotify whereas Beats Electronics sells the wildly popular Beats headphones and other accessories.  





Source: Beats Electronics

Continue reading "Apple’s US$3 Billion Bet on Headphones and Music Streaming" »

May 24, 2014

No Surprise that it is Private Equity that Bids for Treasury Wine

Jeremy_Cunnington0Analyst Insight by Jeremy Cunnington - Senior Alcoholic Drinks Analyst

View Jeremy Cunnington's profile on LinkedIn

Following much speculation around bids for all or part of Treasury Wine Estates, it is of little surprise that the only concrete offer for the company has come from the private equity house KKR rather than a wine company. KKR is looking to take advantage of Treasury’s weakened position following its US debacle to gain the company at a good price and look to make money through rationalisation and reform, such as CHAMP did with its acquisition of what is now Accolade Wines.  

As laid out as far back as three years ago in a briefing How Wine Companies Can Become Global, the key focus for wine companies has switched from growth through acquisition to a more organic approach. Indeed many companies since the turn of the decade have been looking to rationalise their brand portfolios, such as Constellation Brands’ divestment of its UK and Australian operations, to private equity house CHAMP or Pernod divesting various brands such as Lindauer.

Continue reading "No Surprise that it is Private Equity that Bids for Treasury Wine" »


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