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103 posts categorized "News from Euromonitor"

August 2, 2014

Can the Bkon Craft Brewer Steal Customers from the Coffee Pod Market?

There are two major contributing factors to market growth in hot drinks: the growing market for coffee pods and the health and wellness trend existing in the tea market. The recent launch of the Bkon Craft Brewer addresses both of these factors as it can create any loose-leaf tea beverage or coffee blend in a 60-second time frame. Currently the machine carries a hefty price tag and is not feasible for use outside of larger tea houses, but if the creation proves successful and the company manufactures a version intended for home use, it may steal away customers from the coffee pod market.

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July 30, 2014

Advanced Economies Drive Global Growth in 2014

Despite a weak first quarter, the global economy is picking up pace and is expected to perform even stronger in the second half of 2014. Advanced economies are leading global growth, a reversal of the pattern of recent years when emerging markets dominated. As a result, there will be renewed interest in investment and capital inflows to developed countries but challenges remain such as low inflation, risks of deflation and persistent unemployment.

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July 23, 2014

China Overtakes the US as the World's Largest Economy

China is set to overtake the US as the world's largest economy in 2014, with a significant impact on consumers and industries. Learn which industries will be the most affected and why by watching this video and downloading Euromonitor's latest whitepaper.

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July 20, 2014

Airbnb Introduces New Branding to Support New Direction

Michelle GrantAnalyst Insight by Michelle Grant - Travel and Tourism Manager

View Michelle Grant's profile on LinkedIn

On 16 June 2014, Airbnb announced new branding that includes a new logo as well as a redesigned website and upgraded mobile apps. The moves were a shift from focusing on the types of lodging available on the website (typically unique structures such as treehouses and castles) to a focus on the people within the Airbnb community. The rebranding aims to position Airbnb as a lifestyle brand to enable the company to broaden its product portfolio beyond lodging services.  Given the harsh reaction to the logo, though, it remains to be seen if the new branding will be enough support the company’s new direction.

"Belonging" is the Keyword

The company’s founders and first Airbnb guest revealed the new branding in an online presentation that featured many stories about Airbnb’s community, emphasising the company’s new core tenant of “belonging.”  “Belonging is based upon four key themes of people, places, love and Airbnb, which influenced the new symbol as part of the new company logo. The new symbol is called “Bélo” and is simple so that anyone can recreate it. It is also abstract enough to allow Airbnb to use it as it moves into offering other products and services. CEO Brian Chesky envisions that the symbol may become a “universal symbol of sharing” and be displayed by many different businesses, such as restaurants.

The company launched a tool called Create that people can use to personalise the logo.  People can put their personalised logos on merchandise, such as mugs, stamps and stickers, and purchase it through Airbnb’s partnership with Zazzle, an online company that enables customisation of products.  However, critics point out that the new logo resembles risque parts of the human anatomy and the logo is also similar to one for the company, Automation Anywhere, but both companies reached an agreement whereby Automation Anywhere will use a new logo.

Continue reading "Airbnb Introduces New Branding to Support New Direction" »

July 16, 2014

Global Luxury Jewellery and Timepices: Key Trends and Growth Prospects

Fflur Roberts, Head of Luxury Goods Research at Euromonitor, recently spoke at Jewellery & Watch London. Euromonitor and Jewllery and Watch are pleased to offer Fflur's presentation exclusively.

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July 15, 2014

Webinar Recording: The Global Economy in 2014: Mid-Year Economic Update

Mid-Year-Economic-Update-2014-Landing-Page-Banner

Gain an understanding of economic developments impacting industries and consumers around the world. The US economy faltered in the first quarter of 2014, the UK grew more than expected and major emerging markets showed mixed performances amidst elections, international tensions and global sporting events. 

In this webinar, you will learn:

  • What economic changes will impact industries and consumers globally
  • The biggest challenges facing policy makers 
  • What is threatening emerging market growth

Play Now

Majority Stake Purchase of Indesit by Whirlpool is a Win for Both Companies

Whirlpool’s agreement to purchase a majority stake in Indesit will push the company back into the number one global player in major consumer appliances above Haier. Indesit benefits from the purchase as Whirlpool will assist the company in moving into the premium segment, and Whirlpool in turn is gaining a foothold into countries such as Turkey and Russia.

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Euromonitor Celebrates Winning the Queen's Awards for Enterprise 2014

 

image from http://s3.amazonaws.com/hires.aviary.com/k/mr6i2hifk4wxt1dp/14071516/246f9e0e-d8cc-48ac-aac8-d292b5fdc298.png
Trevor Fenwick and Robert Senior receive the Queen's Awards for Enterprise

 

The Queen’s Awards for Enterprise is the UK’s most prestigious business award. Euromonitor received The Queen’s Awards for Enterprise: International Trade due to its substantial international sales growth of 155% over the past six years and its contribution to UK exports, with over 90% of the company’s turnover now coming from outside the UK.

Continue reading "Euromonitor Celebrates Winning the Queen's Awards for Enterprise 2014" »

July 11, 2014

Whirlpool Will Buy Majority Stake in Indesit

Cristina BausAnalyst Insight by Cristina Baus - Consumer Appliances Analyst

View Cristina Baus's profile on LinkedIn

In a recent turn of events in the Indesit M&A saga, Whirlpool has announced a binding agreement to buy a majority stake in the Italian company, which should be finalised by the end of 2014.

What’s in it for Whirlpool?

In Western Europe, Whirlpool outperformed Indesit over the 2008-2013 period but at the same time did not manage to post a particularly upbeat performance. In Eastern Europe, on the other hand, Indesit performed better than Whirlpool, helped by strong growth in Russia, Indesit’s main market in the region. Both companies heavily overlap in Europe, with Whirlpool commanding a stronger position in the Nordic markets and Indesit in the PIGS, but Indesit’s volume sales in the region are more than one and a half times greater than Whirlpool’s.

Whirlpool versus Indesit: Volume Sales Performance in Western Europe 2008-2013

Indesit 1

Source: Eurmonitor International

Continue reading "Whirlpool Will Buy Majority Stake in Indesit" »

July 10, 2014

Five Key Takeaways from Starbucks' M-Commerce Success

The Starbucks mobile payments app has provided one of the best case studies for how to drive consumer adoption of in-store purchases made via a mobile phone. For retailers or foodservice operators looking to replicate Starbucks’ success, there are several best practices to keep in mind before developing, implementing and launching a mobile payment app.

 Join Euromonitor in attending the Connect Mobile Innovation Summit in Chicago, IL from August 18-20th. Senior Consumer Finance Analyst Michelle Evans will be there with many others to learn more and talk about mobile payments in the foodservice industry.

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