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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 25, 2014

Amazon Hopes to Spark Lagging Grocery Segment of Internet Retailing

Internet retailing is the largest segment of overall retailing, but certain areas, such as grocery products, beverages and household products lag behind in digital sales. In an attempt to gain sales in these segments, internet retailer Amazon launched Amazon Fresh in Los Angeles and San Francisco, which delivers grocery products on a daily basis to consumers. More recently, Amazon launched Amazon Prime Pantry, which consumers can use to deliver non-perishable goods. Amazon hopes consumers in large urban areas and small rural areas, where grocery stores are difficult to access, will utilize these services.

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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 18, 2014

Luxury Goods Companies should Target Latin America through Social Media

 

Latin America is one of the fastest growing regions in the world for internet users, and luxury brands looking to target consumers in the region should use social media for interaction. Countries like Brazil and Mexico offer the largest opportunities for luxury players, but e-commerce is on the rise in smaller countries such as Chile, Peru and Colombia, all of which are showing demand for luxury goods.

Learn more about Club e-Luxe

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June 17, 2014

L’innovation, levier majeur de croissance pour le marché de la Maison et du Jardin en France

Face à un contexte économique difficile en France et à un niveau confiance des ménages toujours très bas, les ventes du marché de la Maison et du Jardin voient une nouvelle baisse de performance en 2013. Sans surprise, les produits au prix unitaire élevé ont particulièrement souffert alors que les ventes des produits plus abordables comme la peinture décorative ont vu une légère hausse. Dans ce contexte, innover en offrant des produits à valeur ajoutée est essentiel pour les fabricants afin de renouer avec l’intérêt des consommateurs.

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Innovation is Key to Growing Sales of Home and Garden Products in France

 

The home and garden industry is declining in France due to the poor economic performance of the country and low consumer confidence. Big ticket items are performing especially poor, but cheaper quick-fix categories such as paint are growing. Manufacturers should innovate to spark interest and add value in all home and garden categories.

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June 13, 2014

Natural Gas Deal may Benefit Russia in the Short-Term

Russia and China recently signed an agreement worth US$ 400 billion for Russia to supply China with natural gas. This agreement, the largest gas deal ever, comes at a time of tension between Russia and its main trade partner, the European Union. The advance payments from China as well as an investment in the construction of a pipeline to transport the gas will revitalize the Russian export sector in the short term, which has been stagnant this year.

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June 12, 2014

The Shifting Competitive Landscape for Contact Lenses

 

Contact lenses, a category predominately led by pharmaceutical giants such as Johnson & Johnson and Novartis, are witnessing a competitive shift. Many smaller players, once held back by their operational size, are now attempting to break into the contact lens space. Spectacle companies Hoya, Zeiss and Essilor for example are testing market entry strategies for contact lenses. The segment should start to see many mergers, acquisitions and new product launches in the upcoming years.

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