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UK leads Europe with the highest average spend this Christmas2017-12-19

UK consumers are the biggest spenders on Christmas presents throughout Europe with an average spend of £291.60, according to a recent research.

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Toys R Us files for bankruptcy protection amid intense online competition and mammoth debts2017-09-21

In the face of mammoth debts and intense online competition, Toys R Us Inc the once-dominant toy retail giant has recently filed for bankruptcy protection in the US and Canada.
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Batman tops superhero toy sales in the UK2017-08-31

Sales of superhero toys continue to be robust in the UK aided by the sheer number of superhero movies. In the 12 months ending 1st July 2017, spending on superhero toys exceeded £200 million and Batman topped the list of the country's best-selling superhero toys, reports the NPD group.
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Slime the newest toy craze 2017-08-31

Kids around the world are obsessed with slime, a gooey, soft and slippery concoction that has taken over social media platforms, turned kids into young entrepreneurs and spiked the sales of the key ingredient that makes up the sticky toy.
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Balmy weather helps UK retail sales rebound in June2017-08-03

Retail sales in the UK got lift from warmer weather after a drop in May, raising hopes the resilience of the British consumers will continue to fuel UK economic growth.
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Adidas brightens outlook on upbeat Q2 results 2017-08-03

Adidas reported another strong quarter, with currency-neutral sales up 19% and solid performance in the US and China markets, enabling it to compete against rivals Nike and Under Armour.
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Global educational toys market expected to grow 10% over the next 4 years2017-07-28

Market Research firm Technavio recently released a report that anticipated the global educational toys market to register a CAGR of nearly 10% from present to 2021. STEM learning is identified as one of the major factors propelling the market growth.
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India to become the third largest consumer market by 20252017-07-28

The Indian economy is expected to see strong growth in the coming decade and consumer spending in India is projected to triple to US$4 trillion by 2025, making it the third largest consumer market by 2025, according to a recent report released by The Boston Consulting Group.

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Americas crowned the world's largest toys and games e-retailing market2017-06-29

According to global research firm Technavio's latest report, the global online toys and games retailing market is anticipated to grow at a CAGR of around 7% from 2017 to 2021, with the Americas leading the pack.
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India’s apparel and lifestyle market to reach US$160 billion by 2025 2017-07-05

India has become an important global investment destination and the domestic market for apparel and lifestyle products is expected to reach a twofold growth to US$160 billion by 2025, stated India’s Prime Minister Narendra Modi after the inauguration of Textiles India 2017.
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IKEA Australia debuts first virtual reality (VR) store2017-07-05

Swedish furniture retailer IKEA recently announced the introduction of its new online virtual reality store in Australia, which will allow customers to don their VR goggles and take a virtual walk through an Ikea store.
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European e-commerce to reach €602 billion in 20172017-07-07

The newly released European Ecommerce Report 2017 predicts that European e-commerce will witness continued strong growth this year to 602 billion Euro, with Western Europe generating the bulk of online sales.
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Major consumer technology trends for 20172017-06-29

Mobile payments, smart homes and wearables are the top three technology trends that are gaining huge momentum this year, according to German market research company GfK. Also growing rapidly are virtual augmented reality (VR/AR) and autonomous vehicles.
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Global smart toy sales to hit US$15.5 billion by 20222017-06-16

A recent study from UK-based analyst firm Juniper Research found that global smart toy sales are expected to hit US$15.5 billion by 2022, a threefold growth compared to 2017.
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Back-to-school retail sales poised to reach new high2017-06-16

US retail sales during the much-anticipated back-to-school shopping season of July and August are expected to grow 4% to US$857.18 billion from last year’s record-breaking levels, according to the latest projections from market research firm eMarketer.
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India and China top the Global Retail Development Index2017-06-14

Asia houses 5 of the top 10 countries for retail investment, with India and China leading the pack, according to the 2017 Global Retail Development Index.
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UK consumer sentiment rises in May despite inflation2017-05-18

UK consumers have recently shown an unexpected uptick in confidence in defiance of a predicted pre-election and post-Brexit slump, according to statistics.
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A new European hub for global sourcing makes its debut in Paris in November 20172017-06-05

Europe has long been the prime destination for Asian exports. The strong demand and growing popularity of Asian-made products among EU consumers bode well for Asian exporters and international companies with production in the Far East to makes use of a new show to be staged this November to step up their sales and market expansion effort in Europe.
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Digital consumers in Southeast Asia surge 50% to 200 million2017-05-31

A recent report by a global business consultancy showed that the number of digital consumers in Southeast Asia has increased by 50% in 2016, leading to a booming digital consumer market that is now valued at US$50 billion.
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Global licensing sales hit US$262.9 billion in 20162017-05-31

Global sales of licensing products climbed 4.4% to reach US$262.9 billion in 2016 with entertainment/character licensing leading the way, according to the 2017 Annual Global Licensing Industry Survey by International Licensing Industry Merchandisers’ Association (LIMA).
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Uniqlo steps up European expansion2017-05-29

Aiming to strengthen its retail presence beyond Asia and take its European store count to 100, Japanese casual apparel retail chain Uniqlo is making its first foray into Spain and Italy as well as opening more stores in some European cities.
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Fidget spinners sell like hotcakes2017-05-29

Fidget spinners, the mesmerising twirling widgets made in a variety of shapes and designs, become the latest toy craze, and major retailers, including Wal-Mart and Toys R Us, are scrambling to jump on the bandwagon started by school children via the Internet.

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Wal-Mart’s sales spurred by soaring online sales2017-05-26

Wal-Mart Stores Inc. gained momentum in its battle against Amazon.com Inc., helped by a flurry of online orders.
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Best Buy shares surge on better-than-expected sales 2017-05-26

Amid the general flat retail results from big retail chains, US electronics retailer Best Buy posted unexpectedly good quarterly sales results, leading to a 15% surge in shares. The company attributed this to several factors including a turnaround strategy centred on cost-cutting and e-commerce under the guidance of CEO Hubert Joly.
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Zara opens largest store in India 2017-05-24

Global fashion retailer Zara has recently opened its largest high-street store in India, a key growth market in Asia for the brand. Zara’s parent company Inditex said the current focus is to scale up the brand (and another brand Massimo Dutti) while at the same time foraying into e-commerce in India by the end of 2017.
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Apple overtakes Fitbit as world's top wearables vendor2017-05-25

Citing a boom in Apple Watch sales, market research firm Strategy Analytics unveiled in a recent report that Apple became the largest wearable vendor in the first quarter of 2017, overtaking beleaguered fitness tracker maker Fitbit for the first time.
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UAE consumer electronics market poised for strong growth2017-05-22

Dubai is a lucrative consumer electronics market that records high levels of consumer spending. According to a recent analysis by Dubai Chamber and Euromonitor International, the size of this market is expected to grow 4.7 per cent from USD2.5 billion in 2015 to reach USD3 billion in 2020.
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Whirlpool and LG partner with Goggle to boost smart home market2017-05-22

Unveiled during Google’s recent developer conference, Whirlpool products and LG SIGNATURE home appliance line will soon be compatible with Google Home. Users will be able to access the Google Assistant’s features on connected Whirlpool and LG devices.
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Global toy market poised for robust growth through 20252017-05-12

According to a recent report published by IndexBox, the global toy market revenue is expected to reach 74 billion USD by the end of 2025 and China is likely to remain a key driver of growth with regard to dolls and toys worldwide.
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London leads European retail market for third consecutive year2017-05-12

A recent report from global real estate adviser Colliers International revealed that London remains the retail market leader in Europe, driven by high local and tourist spending.
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LVMH to launch a multi-brand fashion website 2017-05-12

Paris-based luxury group LVMH is set to launch “24 Sèvres”, a multi-brand ecommerce website featuring 150 of LVMH’s own brands as well as other luxury brands.
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UK retail sales growth remains steady, say CBI figures2017-05-02

According to results of a monthly survey by the Confederation of British Industry (CBI), UK retail sales grew the most since the middle of 2015 during April and the trend is expected to continue next month, albeit at a moderate pace, suggesting that the ongoing political uncertainty is not slowing down consumer spending.
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Digital market hits US$950 billion as IFA nears 2017-05-02

Market research company Gfk Retail and Technology recently projected the global digital market to reach a US$950 billion annual turnover in 2017 to 2018. Meanwhile, renowned consumer electronics show IFA has announced several new features to drive consumer electronics market growth and innovation.
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Otto's revenue jumps on strong online furniture and fashion sales 2017-04-27

German e-commerce and retail giant Otto Group recently reported positive 2016-17 fiscal year results, with revenue rising by 5% and online sales surging by 10%, most notably in the furniture and fashion sections.
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WH Smith stationery sales improve on travel boost2017-04-27

UK-based books and stationery retailer WH Smith saw stationery sales rise 2% on a like-for-like basis in the six months to 28 February 2017.
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China toy industry grows to defy overall export downturn2017-04-25

According to a recent report published by the China Toy & Juvenile Products Association, China recorded growth in both import and export of toys in 2016, which fortified the country's status as a major manufacturer and consumer of toys.
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UK toy market driven by “kidults” buying for themselves2017-04-25

A recent research showed that the UK toy market is mainly fueled by “kidults” – adults who buy toys for themselves. The £300 million “kidult” market is growing three times faster than the children’s toy market, reflecting a new trend in the toy industry.
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Amazon's household sales surpasses US market growth2017-04-25

Amazon, the global e-commerce giant, is experiencing sales growth in the sector of household items that is far outpacing other US retailers, according to a retail market report.
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Ted Baker defies retail gloom with sales and profit rise2017-04-11

UK premium fashion and lifestyle brand Ted Baker has recently unveiled a rise in full-year sales and profits, thanks to continued global expansion and stellar online growth.
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Nintendo's Switch gears with strong first week sales2017-03-13

Nintendo’s Switch console is off to a roaring start with impressive sales on its first weekend out of the gate in many regions around the globe.
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Home Depot sales boosted by strong housing market 2017-03-13

An improving US housing market has fueled the sales of home improvement retailer Home Depot, as the company reported better-than-expected performance in the fourth quarter and for the full fiscal year of 2016.
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Brexit and the weak pound drive online exports for British companies2017-03-13

Small and medium-sized businesses (SMEs) in the UK benefitted from the post-Brexit slump in the value of the pound which makes products cheaper for overseas buyers in 2016, according to PayPal.
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Leapfrog Epic named Kidscreen Best Tablet 20172017-03-13

Leapfrog recently received the prestigious Kidscreen Best Tablet award for its Leapfrog Epic™, which the company sees as a validation of their effort in developing innovative kids toys.
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Digital video game sales grow 9.8% in January to US$7.47 billion2017-03-09

The global digital games market soared to US$7.47 billion in January 2017, showing a healthy growth of 9.8 per cent year-on-year, according to a new report from SuperData Research.
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Global wearables sales hit all time high 2017-03-09

Global wearables shipments increased by 16.9% in the fourth quarter year-on-year, with fitness trackers and smartwatches achieving record sales, according to research firm IDC. Fitbit, though still remained dominant, was found to be gradually losing ground to Xiaomi and Apple.
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China kicks off year of rooster with robust trade figures2017-02-21

The year of rooster kicked off with a resonant crow for China with positive trade figures and robust consumption during the Chinese Lunar New Year holiday week, which ran from Jan 27 to Feb 2, according to data released by the Ministry of Commerce.
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Chinese mobile games expand footprint in UK2017-02-20

A burgeoning Chinese mobile games market has enabled Skymoons Interactive, a renowned Chinese mobile games developer to open a development team in Edinburgh, the UK.
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Mattel partners with Alibaba to expand China presence2017-02-20

Mattel Inc. has recently forged a strategic partnership with China's e-commerce giant Alibaba to develop new toys specifically for Chinese consumers. The collaboration gives Mattel access to Alibaba's massive online retail marketplace, Tmall.com, with nearly half a billion active users.
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UK and China agree to further promote bilateral free trade2017-02-17

China and the UK are pledging to promote free trade and co-operate on building an open world economy, fanning efforts to shore up what the two governments have called a "golden era" in their relationship, the Xinhua News Agency reports.
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Hasbro sales soar on Disney magic2017-02-17

To the surprise of Wall Street and the toy sector, Hasbro reported a better-than-expected fourth quarter performance, primarily thanks to its good holiday sales of Disney princess dolls.
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US retail sales are expected to grow 3.7%-4.2% in 2017 2017-02-17

The National Retail Federation (NRF) casts a positive outlook on the US retail sector in 2017, with retail sales and online sales both forecast to grow more than last year. NRF notes, however, that consumer spending is subject to tax reforms and new policies.
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Cross-border sales continues to boom in China2017-02-16

As incomes have risen in China, its consumers have stepped up their purchases of imported goods. According to Accenture and AliResearch, Alibaba Group’s research arm, cross-border e-commerce in China is set to expand to a much wider population base by 2020.
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Tourist spending in UK benefits from a weak pound 2017-02-16

The sharp fall in the British pound after Brexit has lured international tourists to the UK aiming for cheaper luxury goods, according to multiple data sources.
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Lock & Lock crowned best kitchenware brand at Mumii Family Awards2017-02-13

US food storage container brand, Lock & Lock, is a gold winner in the Mumii Family Awards 2017. The accolade was announced in late January, with Lock & Lock taking top honours in the Best Kitchenware Brand category.
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French luxury brand LVMH unfazed by market woe 2017-02-10

Luxury fashion brand LVMH Group stood strong amid geopolitical and economic turmoil as it reported a 5% surge in revenue, reaching a record €37.6 billion.
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India's online shopping soars by an astounding 83% in 20162017-02-10

A report by Paypal and market research firm Ipsos stated that the e-commerce revolution has led to the rise of online shopping in India by 83% in 2016 and will continue to grow rapidly in 2017.
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Myanmar to debut a specialised textile and garment zone2017-02-10

The Myanmar ministry of industry is planning to set up an exclusive textile and garment zone, which will be equipped to produce raw materials, machines and finished products in a single place.
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Amazon grabs 43% of US online retail sales in 20162017-02-10

An analysis by market research firm Slice Intelligence recently released found that 43% of all online retail sales in the US went through Amazon in 2016, as the e-commerce giant’s market share continues to grow.
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Lego crowned the most powerful brand across the globe 2017-02-09

This year’s Global 500 ranking by brand valuation consultancy Brand Finance named Lego as the world’s most powerful brand, knocking Disney off its number one spot.
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Asia Apparel Expo to take place in Berlin 14-16 February 20172017-02-09

The sixth edition of Asia Apparel Expo will take place in Berlin from February 14-16. Over 300 companies from Hong Kong, China, India, Bangladesh, Pakistan, Sri Lanka, Taiwan and Vietnam are exhibiting at the show.
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IKEA to shore up its solar range as sustainable product sales surge2017-02-09

Home retailing giant IKEA recently unveiled plans to expand its solar PV product range later this year after seeing its sales of sustainability products surge in 2016.
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Coach sales lifted by cut back in discounts2017-02-09

Despite challenging global retail environment and a department store pullback, luxury retailer Coach reported positive sales figure for its second fiscal quarter ended 31st December 2016, thanks to the brand’s strategic decision to reduce discounts.
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Star Wars and Pokemon fuel demand for toys in 20162017-02-07

Walt Disney's Star Wars franchise, teaming up with Pokemon, fueled demand for toys in 2016, helping the industry post a big 5% increase in sales that outperformed the broader retail sector.
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Birmingham Spring Fair presents largest home section ever2017-02-07

Birmingham Spring Fair, one of the UK’s biggest gift and home event has opened its doors in Birmingham’s NEC on 5 February. This year, the 14-section show brings together over 2,500 exhibitors, including a wide array of gift products and the largest home section in the show’s history.
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Google and H&M team up to construct dresses based on personal data2017-02-07

Developed by Ivyrevel (H&M’s digital fashion house) and Google, “The Data_Dress” is a new app that designs personalised dresses based on users’ lifestyle.
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UK apparel e-retailer ASOS reaps sales from US and EU customers2017-02-06

Online fashion retailer Asos recently recorded exceptional growth, with a 36% up in sales for the four months to December 31, thanks to a weakening pound and soaring international sales during the holidays.
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Mattel names former Google executive as new CEO 2017-02-06

Mattel has appointed Margaret “Margo” Georgiadis, former Google president of the Americas, as its new CEO, the second change to the toy giant’s CEO post since early 2015.
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The Home Depot taps Texas wind farm for renewable energy 2017-02-06

As part of its sustainability initiative, US home improvement chain The Home Depot has partnered with EDP Renewables North America to generate electricity from a Texas wind farm for its stores.
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Burberry sales rocket as foreign tourists cash in on Brexit-hit pound2017-02-03

British luxury brand Burberry have had an exceptional end to 2016, with sales surging by 40 percent in the run up to Christmas. Burberry benefited from the drop in the value of the pound following the Brexit vote in July, which has seen tourists shop in London rather than other European cities.
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Ted Baker shines despite challenging market conditions2017-01-25

While some UK high street fashion brands struggled, Ted Baker sales stayed strong as the brand recently reported a 17.9% rise in retail sales over the festive period.
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China's online population reaches a whopping 731 million2017-01-25

China's online population hits a record high of 731 million as of December 2016, which is roughly the size of Europe's population, and 475 million of them used online payments, up 14.0% year on year, according to a report released by the China Internet Network Information Center.
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Chinese tech giants roll out CNY red packet games with AR 2017-01-25

Chinese e-commerce companies, including Alipay and Tencent, have initiated augmented reality (AR) campaigns to encourage users to send virtual red packets during the Chinese New Year.
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Paperworld to kick off featuring 1,500 exhibitors on January 282017-01-24

Around 1,500 German national and international exhibitors will be showing the latest products for the modern office, as well as paper and stationery for private use, in seven exhibition halls of Frankfurt Fair and Exhibition Centre from 28-31 January 2017.
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Marks and Spencer reports surprising sales bounce 2017-01-24

UK-based Marks and Spencer recently revealed long-awaited sales increase in its clothing and homewares sectors under the leadership of its new chief executive.
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Spin Master and Rube Goldberg join hands to launch new STEM toy line2017-01-24

Spin Master teams up with Rube Goldberg, Inc. (RGI) to produce a new line of STEM toys that are exclusively sold at Target.
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Louis Vuitton debuts fall 2017 collaboration with Supreme2017-01-24

The storied luxury brand Louis Vuitton recently confirmed its long-rumored collaboration with the New York-based skater brand Supreme on the runway of their men’s fall 2017 collection, a new collaborative range of apparel, footwear and accessories.
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American Apparel is slated to shutter all of its 110 stores2017-01-17

Ending a two-decade run of apparel made in California, American Apparel is officially closing all 110 of its retail stores as well as its Los Angeles headquarters.
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Gap records improved holiday same-store sales2017-01-17

Amid challenges from popular online and fast-fashion retailers and the general decline of traditional apparel brands, Gap recorded a rise in holiday sales during the November and December period.
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Whirlpool aims US$1 billion turnover in India by 20202017-01-04

Home appliances maker Whirlpool of India is targeting US$1 billion revenue by 2020, thanks to new product innovations and the growing Indian economy.
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Amazon names 2016 holiday as best-ever season2017-01-04

Amazon said it had its best-ever holiday season, shipping over one billion items worldwide through its Prime membership program while consumer confidence reached a 15-year high.
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2016 global Christmas sales see solid growth, HKTDC reports2017-01-03

Retail performance in key markets forecasts a slight improvement in 2017, according to a worldwide study of year-end sales released recently by the Hong Kong Trade Development Council (HKTDC). The report on preliminary 2016 Christmas sales in both traditional and emerging markets indicates a strong performance observed in the United States as well as the United Kingdom and Germany.
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Smiggle aims to open 200 stores in the UK2016-12-16

Despite concerns on consumer spending after the Brexit, Australian children’s stationery brand Smiggle recorded strong retail results and is on track to open 200 stores in the UK.
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Amazon launches physical store without checkout counters2016-12-13

Amazon Go is a brick-and-mortar shop with a twist: there are no checkout counters and shoppers can simply swipe their mobile phones, pick up items they want and leave the store.
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Fortnum & Mason celebrates record sales 2016-12-09

UK luxury retailer Fortnum & Mason recently posted solid profits and sales, driven by the growth of its online sales and strong sales of its iconic hampers.
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UK toy sales sets to smash £3.3bn despite economic uncertainty2016-12-09

UK toy retailers are predicting bumper sales of over £3.3 billion this year, although they admit Britain's EU exit vote earlier this year could lead to higher prices in 2017.
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Cyber Monday clocks record sales of US$3.45 billion2016-12-08

Cyber Monday, the final lap in the Thanksgiving holiday shopping relay, yielded US$3.45 billion in sales, the highest online haul in history, according to Adobe Digital Insights.
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Mattel and Spin Master lead 2017 TOTY Awards nominations 2016-12-07

The finalists of the prestigious Toy of the Year (TOTY) Awards are out. This year, Mattel and Spin Master garner the most nominations.
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Uniqlo targets Greater China expansion2016-12-07

Japanese casual fashion brand Uniqlo sets to extend its footprint in Greater China, including opening more stores and expanding its online business.
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Lowe’s debuts in-store customer service robot2016-11-25

Home improvement chain Lowe's unveils a new customer service robot that scans inventory and helps customers find target products.
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Best Buy sales beat estimates2016-11-25

Despite the recent recall of Samsung Note 7, US electronics retailer Best Buy posted strong third-quarter retail sales that smashed Wall Street predictions and its own expectations.
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Abercrombie & Fitch to shut Hong Kong store amid tumbling profits2016-11-21

US fashion retailer Abercrombie & Fitch recently announced to close down its four-storey flagship store in Hong Kong as early as next year amid the economic downturn and a slump in mainland shoppers.
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VTech posts revenue growth for first half of FY20162016-11-18

In the first six months of the financial year 2016, VTech Holdings Limited saw its revenue rise by 5.9%. The electronic learning toy maker attributed the growth to its acquisition of educational toy firm LeapFrog in April this year.
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Strong Hermes results show China-fueled luxury revival2016-11-18

The recovery in the luxury-goods industry gained pace after luxury handbag maker Hermes International SCA joined rivals LVMH and Gucci owner Kerin in reporting better-than-expected results.
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Barcelona inks lucrative jersey sponsor deal with Japan's Rakuten 2016-11-17

Renowned Spanish football club Barcelona's jersey sponsor from the 2017/18 season onwards will be Japanese online firm Rakuten after agreeing a 55 million euro per season deal.
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Telensa named No.1 in global smart streetlighting2016-11-16

Market intelligence firm Northeast Group recently ranked Telensa as the world’s number one global smart streetlighting provider in a comprehensive study of the world’s streetlighting market.
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Asus to launch first AR Google Tango smartphone at CES 20172016-11-16

Asus’s ZenFone AR is the world’s second Google Tango-ready smartphone, following Lenovo. The first AR-enabled smartphone from the Taiwan-based smartphone manufacturer will be launched at the upcoming CES 2017.
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Alibaba clocks record 120.7 billion yuan on Single’s Day2016-11-14

Alibaba broke its sales record on Single’s Day on 11th November. The annual online shopping bonanza garnered 120.7 billion yuan, which is a 32% rise from 2015 despite a fall in growth rate.
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Nike unveils self-lacing sneakers 2016-11-15

The HyperAdapt 1.0 is Nike’s new high-tech self-lacing sneakers, which will be available at Nike stores this December.
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Homeware retailer Leekes posts positive sales and profit growth2016-11-15

2016 has been a promising year for Leekes Retail and Leisure Group so far as the Welsh-based homeware retailer registered significant increase in sales and profitability in the first half of the 2016-2017 financial year.
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UK toy sales to surge to record of £3.3 billion2016-11-11

The UK toy industry is forecast to reach over £3.3 billion this year, according to Toy Retailers Association (TRA). The TRA DreamToys list shows that despite income pressures and economic uncertainty, families across the UK can choose their Christmas gifts from a wide range of affordable choices.
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Hasbro revenue soars on strong Disney Princess and Disney Frozen sales2016-10-31

Hasbro Inc. reported strong third-quarter 2016 results, helped by its new line of Disney-themed dolls and retailers loading up on toys before the holiday season.
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UK stationery industry to grow by £49.1 million in next 5 years2016-10-24

A recent report from retail research and analysis firm Verdict Retail states that from 2016 to 2021, the UK stationery market will rise by £49.1 million (2.4%).
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eBay adopts image recognition technology to boost home décor sourcing2016-10-25

eBay Collective is a new curated marketplace launched by eBay for interior designers and consumers to find high-end home décor and accessories from trusted dealers and galleries. On the site, a feature called “Shop the Look” uses image recognition technology to suggest similar items based on photos and images alone.
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Electrolux celebrates its 10th year of success in sustainability2016-10-04

Home appliance giant Electrolux has recently been crowned Industry Leader in the Dow Jones Sustainability World Index (DJSI World) for the 10th consecutive year.
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Walmart's upcoming robotic shopping carts to enhance shopping experience2016-10-03

Retail giant Walmart has recently acquired approval for a patent that will help introduce robotic self-driving shopping carts to its stores. With this new innovation, Walmart hopes to enhance the overall shopping experience for its customers.
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IKEA opens more click-and-collect stores to boost online revenue2016-09-26

IKEA, the world’s largest furniture retailer, reported recently that it had opened more click-and-collect locations as it seeks to boost its online revenue.
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Toys “R” Us posts upbeat results in Q2 of 20162016-09-27

Toys “R” Us Inc. reported positive figures for the second quarter of 2016. While net loss continued to narrow, the company’s operating earnings and same-store sales also increased. At the same time, the toy retailer announced successful refinancing efforts.
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Chow Tai Fook eyes diamond sales in the U.S.2016-08-24

Chow Tai Fook Jewelry Group Ltd. is looking to supply diamonds to U.S. retailers as the jeweller seeks to offset effects of a slowdown in China that has hurt luxury sales and led profits to plunge.
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Forevermark expects 30% sales growth in India in 2016 2016-07-26

With diamond prices stabilising globally, De Beers' jewellery brand Forevermark is expecting a 30-percent increase in sales in India in 2016.
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Western Australia’s million-dollar red diamond coin sold within 48 hours 2016-07-25

The Perth Mint’s Kimberley Treasure, a rare red diamond gold coin from Rio Tino’s Argyle diamond mine in Western Australia, was sold to Dubai company Tiara Gems and Jewellery within 48 hours of its mid-July release.
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Fans rejoice as Pokemon Go finally lands in Hong Kong2016-07-25

Much to the delight of fans, Pokemon Go, the long-awaited augmented reality smartphone game, has finally landed in Hong Kong, the second Asian city to get the smash hit game after Japan.


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2016 Prime Day Amazon's biggest sales day ever2016-07-20

In a recent press release, global e-commerce retailer Amazon reported that orders on its Prime Day on July 12th this year surpassed last year’s by more than 50% in the U.S. and more than 60% worldwide, making the second Prime Day its “biggest day ever”.
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Jewellery tops personal accessories sales at US$316 billion2016-07-19

In its latest personal accessories report, global market research company Euromonitor International states that the global jewellery sector is the best performing personal accessories category in 2016, with a 3% growth between 2015 and 2016, totaling US$316 billion worth of sales.
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Indian online jewellery market sets to swell to US3.6billion in 3 years2016-07-18

Amid rising sales in e-commerce, the online jewellery market in India sets to hit US3.6 billion in the coming three years. This is around 20% of the global market size estimated at US18 billion.
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Chow Tai Fook posts narrower decline in China sales 2016-07-18

In its recent quarterly report, Chinese jewellery retailer Chow Tai Fook noted that despite weak performances in Hong Kong and Macau, sales in China recorded a narrower fall because of better gem-set jewellery performance.
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Sony’s PlayStation VR drives global sales to hit 9 million units2016-07-14

Market research firm TrendForce reported in June that global Virtual Reality (VR) device shipments will reach 9 million units in 2016 owing to strong pre-orders of Sony’s PlayStation VR (PS VR). Given sufficient supply from branded vendors, the VR market value is expected to reach US$70 billion in 2020.
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De Beers relocates Canadian headquarters to Calgary2016-07-11

Diamond giant De Beers Canada recently announced that it has moved its headquarters from Toronto to Calgary, to be closer to its mining operations.
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Botswana’s Okavango Diamond sales leap 35% on market recovery2016-07-11

Okavango Diamond Company (ODC), which is wholly owned by Botswana’s government for distributing the country’s rough diamonds, registered a 35% jump in sales volume in the first half of 2016 following the gradual recovery of the global diamond market.
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Samsung flags big jump in profit on improved smartphone sales2016-07-07

Riding on the huge success of its Galaxy S smartphone series, Samsung Electronics expects its second-quarter operating profit to come in at approximately 8.1 trillion Korean won, a 17 percent year-on-year jump, making it the company’s most profitable quarter in over two years.
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Chow Tai Fook employs RFID technology to boost sales 2016-07-06

Hong Kong-listed jewellery retailer Chow Tai Fook has tapped RFID technology to gather customer data and improve logistics and stocktaking efficiency.
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Over 1,200 exhibitors gather at HKTDC Hong Kong Spring/Summer Fashion Week2016-07-05

Organised by the Hong Kong Trade Development Council (HKTDC), the 23rd HKTDC Hong Kong Fashion Week for Spring/Summer opened on 4 July and continues through 7 July at the Hong Kong Convention and Exhibition Centre (HKCEC) with women's wear and knitwear as debut zones to optimise buyers' sourcing selection.
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Adidas collaborates with Kanye West for a new clothing line2016-07-06

Rapper and fashion designer Kanye West has struck a new deal with the well-known athletic brand Adidas for a new line of Yeezy branded apparel.
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IKEA recalls child safety gates following accidents2016-07-05

IKEA has issued a recall of up to 5,000 child safety gates sold in Ireland amid reports that six children globally have been injured when the locking mechanism failed.
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eBay expands to Africa with MallofAfrica.com2016-06-30

eBay has teamed up with online shopping startup MallofAfrica.com. Beginning in July, the partnership will enable US sellers to gain access to Africa’s enormous consumer markets.
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Swarovski India ties up with Myntra to sell online2016-06-28

Swarovski which is renowned for its sparkling crystalware is collaborating with Myntra, an Indian retailer of fashion and lifestyle brands. This would be Swarovski's first e-commerce undertaking that aims to consolidate market reach.
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Graff Diamonds celebrates new shop with 105-carat flawless diamond2016-06-29

A 105.07-carat pear shaped D flawless diamond named after Graff Diamonds’ new store in Paris becomes the largest cut and polished diamond of its kind in the company’s history.
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India’s gem and jewellery exports surge 29.43% in May2016-06-30

India’s gem and jewellery sector saw an overall rise of 29.43% compared to the same period in the previous year, according to a report by the Gem and Jewelry Export Promotion Council (GJEPC). Various sub-markets, including diamonds, coloured gemstones, as well as gold and silver jewellery recorded improved performances.
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Gem demand stabilises as Alrosa reports record profit2016-06-27

The diamond market appears to be on a rebound with Russian diamond mining company Alrosa reporting sales volumes up 34% compared with the first quarter of 2015.
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LG Electronics introduces new smart devices for home appliances2016-06-27

The SmartThinQ Sensor and SmartThinQ Hub are the latest products from LG Electronics designed to turn conventional home appliances into smart devices that can interact with mobile communication devices.
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Gemfields' ruby auction in Singapore fetches record USD44.3 million2016-06-24

Leading coloured gemstones supplier Gemfields PLC notched up record revenues of USD44.3 million at an average realised price of USD29.21 per carat in its recent auction of rough rubies held in Singapore as the rising quality of Mozambique gems attracts growing demand.
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Petra Diamonds unearths a massive white diamond 2016-06-24

An enormous white diamond weighing 121.26 carats has been unearthed by diamond mining company Petra Diamonds at its Cullinan mine in South Africa, marking yet another great discovery by the company from the renowned gem-producing mine.
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Argos reveals top toy predictions for Christmas 20162016-06-23

UK retail giant Argos has recently unveiled its predictions for the best-selling toys in UK this December.
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Ted Baker buoyed by online sales surge2016-06-23

British fashion retailer Ted Baker presses ahead with overseas expansion after revealing a 32% rise in internet sales.
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Philips aims to sell more than 2 billion LED lightbulbs by 20202016-06-23

In support of the Global Lighting Challenge, LED lighting giant Philips Lighting has pledged to sell over two billion LED lightbulbs by 2020, expecting to help save energy equivalent to that generated by 60 coal-fired power stations.
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Antwerp launches new campaign to boost its status as world's leading diamond trading hub2016-06-21

To invigorate the reputation of Antwerp, Belgium as a global capital of the diamond industry, the city of Antwerp and Antwerp World Diamond Center (AWDC) have jointly developed a campaign with the slogan “Diamonds and Antwerp, it’s in our DnA”, which will be promoted internationally starting from September.
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Lenovo unveils two new smartphones with the latest innovative features2016-06-20

Chinese technology giant Lenovo Group revealed at the recent Lenovo Tech World event two new smartphone products are set to launch this September: one equipped with augmented reality (AR) technology and another paired with snap-on modules that can transform the smartphone into a whole new device.
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ProCook receives a prestigious industry award 2016-06-17

The ECMOD Direct Commerce Awards celebrates excellent UK direct commerce and multichannel businesses in different categories. This year, specialist housewares retailer ProCook has become one of the esteemed winners.
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UBM's HK June Jewellery Fair to feature 2,200 exhibitors2016-06-16

The June Hong Kong Jewellery & Gem Fair (June Fair) by UBM Asia will kick off from 23 to 26 June at the Hong Kong Convention & Exhibition Centre (HKCEC), gathering 2,198 exhibitors from 41 countries and regions in 16 specialty zones.
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NY's National Stationary Show celebrates its 70 years2016-06-16

The 70th edition of the National Stationary Show (NSS) in May drew nearly 800 exhibitors and over 10,000 visitors worldwide. Buzzling with business bonding, live events, awards ceremonies and more, the New York-based show celebrated its accomplishment spanning 70 years.
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UBM India’s Hyderabad Jewellery Fair gathers more than 100 brands2016-06-15

Organised by UBM India, Hyderabad Jewellery, Pearl and Gem Fair (HJF 2016) concluded its 9th edition at the Hyderabad International Convention Centre, Novotel in early June. The show gathered 100 exhibitors and witnessed over 20% visitor growth.
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Eaton receives a 2016 Bronze Edison Award2016-06-08

Eaton’s Metalux™SkyRidge™ light-emitting diode (LED) with Integrated Sensor Control System has been named a 2016 Bronze winner of the internationally renowned Edison Awards, which honours innovation and excellence in new product and service development annually.
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Adidas partners with Parley to unveil shoes made from plastic marine waste2016-06-08

To celebrate World Oceans Day, 50 pairs of running shoes made from ocean plastic and deep-sea gillnets have been released by Adidas in partnership with Parley for the Oceans.
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VTech acquires US-based LeapFrog Enterprises2016-06-07

Hong Kong-based VTech recently acquired US-based LeapFrog Enterprises in a US$72-million deal that will merge two major electronic learning toy companies.
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GIA to launch Melee Analysis for diamonds 2016-06-06

The Gemological Institute of America (GIA) recently announced that it has developed a new Melee Analysis Service for sorting melee-size diamonds, which is set to launch in the third quarter of the 2016 financial year. The GIA believes the new service can address the industry’s concerns of synthetic or untreated diamonds being mixed into melee and raise both industry players’ and consumers’ confidence in diamonds.
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4 record-breaking lab-grown diamonds unveiled at JCK Las Vegas2016-06-06

Russia’s New Diamond Technology (NDT) unveils four record-breaking lab-grown diamonds certified in Hong Kong by International Gemological Institute (IGI) at the JCK Las Vegas show which ran from 3-6 June.
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Global flexible electronics market expected to reach US$87,210 million by 20242016-06-03

A recent report published by global marketing research company Grand View Research, Inc. stated that global flexible electronics market is expected to reach US$87,210 million by 2024, thanks to robust demand for compact and light-weight electronic devises, as well as electronic products.
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Swarovski introduces its first automatic watch for women at Baselworld2016-06-03

Jewellery and watch brand Swarovski has unveiled its first automatic watch for women at Baselworld 2016, the world’s biggest and most important watch and jewelry fair.
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Whirlpool commits to US manufacturing with US$80 million projects2016-06-01

Home appliance giant Whirlpool Corporation has made major investments at two of the company’s manufacturing facilities in Ohio, US, spending around US$40 million on each expansion project and reinforcing its emphasis on US manufacturing.
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Football fever to generate toy craze in the, NPD predicts2016-06-01

According to global market research firm NPD group, UK’s toy sales surged in April, with Panini’s UEFA Euro 2016 sticker packs being the best-selling toy. As the UEFA European Football Championship approaches, NPD group anticipates that football-related toys will only become more and more popular, boosting the UK toy market.
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Tiffany & Co sales dip as tourists shun luxury jewellery2016-05-31

Tiffany & Co has reported a tough quarter as worldwide net sales fell 7.4% to US$891.3m in the first quarter of the year, which reflected declines in all regions except Japan. The world's premier jeweller attributed the decline to a continuation of softness in spending by both local customers and foreign tourists.

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Montblanc celebrates its 110 years with a New Collection2016-05-31

To celebrate its 110th anniversary, German luxury brand Montblanc recently revealed a bevy of special products that hark back to its founding principles of craftsmanship and innovation.
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Alibaba's quarterly revenue leaps 39%2016-05-30

Alibaba Group Holding Ltd. recently announced a better-than-expected surge in revenue in the final quarter of the year as the Chinese e-commerce giant continued to add users and drive mobile sales, defying China's economic slowdown and tougher competition in the e-commerce market.
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China's Shining House launches premium cut diamond line with Sarine Technologies2016-05-30

Prestigious Chinese jewellery retailer Shining House recently teamed up with diamond technologies company Sarine Technologies Ltd. to launch a new line of premium cut diamond jewellery. The announcement was made during the opening ceremony of the jeweller’s new Shanghai flagship store.
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Gildan completes US$110 million acquisition of Alstyle2016-05-30

Global T-shirt leader Gildan Activewear Inc. has recently bought Alstyle Apparel LLC, the apparel division of printing and apparel manufacturer Ennis, Inc., for US$110 million.
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Lumileds and Arrow Electronics join hands on global LED distribution2016-05-25

Recently, light engine technology company Lumileds and top electronic solutions supplier Arrow Electronics announced their new partnership on the global distribution of Lumileds’ LED-based lighting applications.
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CES Asia 2016 winds up with increasing publicity2016-05-23

The second annual CES Asia™ recently concluded with a resounding success, surpassing last year’s event by all measures and reinforcing the show as the premier platform for launching new electronic technology in the Asian marketplace.
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Rio Tinto hits 100 million carat milestone2016-05-23

The world's top mining and metals company Rio Tinto recently celebrated a major achievement: its Diavik Diamond Mine in Canada has produced 100 million carats of rough diamonds since its opening in 2003.
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Home fragrances maker Wax Lyrical taken over by houseware supplier Portmeirion Group2016-05-20

Top UK home fragrances manufacturer Lighthouse Holdings and its brand Wax Lyrical Ltd. has been acquired by UK Tableware supplier Portmeirion Group, in a deal worth approximately £18 million.
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Unique pink diamond fetches US$31.5 million at Sotheby's Geneva auction 2016-05-19

A 15.38-carat vivid pink diamond, the biggest of its kind to go on auction, was recently sold for more than US$31.5 million at Sotheby’s sale of Magnificent Jewels and Noble Jewels in Geneva, setting a record for a stone of its type.
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Apple opens Maps development office in India2016-05-19

Apple Inc has recently partnered with RMSI, a global company that provides geospatial and software services, to focus on developing Maps for Apple products. A new Apple office has been opened in Hyderabad, India mainly for this purpose.
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Home Depot lifts outlook as robust earnings beat estimates2016-05-18

US top home improvement chain Home Depot announced its strong first quarter earnings and profits, beating Wall Street expectations. The brand also raises its forecast for the fiscal year.
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Star Wars & Disney toys boost Hasbro's Q1 results2016-05-16

Toy giant Hasbro recently reported better-than-expected quarterly financials, driven by strong demand for Disney Princess dolls and toys based on the Hollywood blockbuster "Star Wars: The Force Awakens."
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US toy industry sees 6% growth during Q1 in 20162016-05-16

The U.S. toy industry has made a strong start with 6% growth during the first quarter of 2016, as reported by market research company The NPD Group. Holiday sales was one of the major contributing factors to the industry’s upturn.
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Gemfields reports solid performance amid robust coloured gemstone market2016-05-16

UK gemstone specialist Gemfields PLC reported in early May positive results from its quarter ended March 2016, revealing a strong coloured gemstone market.
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Thailand's gems and jewellery exports to grow by 10%2016-05-09

A recent report by the Internaional Trade Promotion Department of Thailand estimated that exports for gems and jewellery will increase by 10% this year. The department also announced that they will hold the 58th Bangkok Gems and Jewellery Fair in September, with the aim to make the fair one of the largest jewellery trade fairs in the world by 2018.
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US diamond jewellery demand sees new high in 20152016-05-04

According to a report released by top diamond company De Beers, US diamond jewellery demand saw a 5 percent rise from 2014 to 2015, and the US is expected to continue to be the main driver of growth in 2016.
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DiamondCorp makes a lucrative sale of cut diamonds2016-04-28

South African diamond producer DiamondCorp PLC gained a profit of US$71,979 from the sale of two polished diamonds, reflecting the upside of cutting, polishing and selling high quality stones.
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De Beers’s diamond sales glisten2016-04-25

De Beers, the world’s largest supplier of diamonds by value, has fuelled optimism that the industry is rejuvenating after a slump last year, by reporting that demand for rough stones had picked up significantly.
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Tiffany & Co. to boost sales via NET-A-PORTER2016-04-19

US luxury jewellery retailer Tiffany & Co. made an unprecendented announcement recently about teaming up with designer retail website NET-A-PORTER. Starting from April 27 2016, NET-A-PORTER will feature Tiffany’s designs on its website for a limited time. The collaboration is expected to help Tiffany increase sales and expand its e-commerce sector.
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Italian Jeweler Bulgari sees better growth for second half of year2016-04-18

Italian jewellery maker Bulgari sees growth picking up in the second half of the year after sales dampened following the terror attacks in Paris last year.
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De Beers flawless blue diamond smashes auction records in Asia2016-04-14

In a recent auction in Hong Kong organised by renowned auction house Sotheby, a vivid blue diamond from diamond mining giant De Beers was sold at US$31.8 million, setting the sales record for the most expensive gemstone at an auction in Asia.
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India's platinum jewellery sales see 24 percent rise in 20152016-04-11

Indian platinum jewellery retail sales surged by 24% in 2015, according to the third annual retail barometer report released by Platinum Guild International (PGI)
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Alrosa announces diamond production up 6% in 20152016-04-11

During a company meeting, Russian diamond mining giant Alrosa reported a 6% increase of diamond production in 2015 and surging sales over the past two months. The company also announced the 2016 production target at around 37 million to 39 million carats.
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HP presents world’s thinnest laptop 2016-04-06

HP has recently launched the world’s thinnest laptop, HP Spectre. The company hopes that the stylish design and strong built-in features of the new laptop would make itself a front-runner in the premier laptop market, going head to head with Apple’s MacBook.
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Mattel launches new division to centralise content across multiple platforms2016-04-05

Mattel Creations is Mattel’s new centralised content division that will help to leverage the company’s global brands and portfolio of properties so as to drive content across multiple platforms, including theatrical, television and digital.
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Foxconn confirms to buy out Japan's Sharp Corp at reduced price2016-04-05

Taiwanese electronics behemoth Foxconn lately agreed to buy control of financially struggling Sharp Corp for USD 3.5 billion in the first foreign takeover of a major Japanese electronics producer. Foxconn’s acquisition of Japanese display-maker Sharp sets to help Apple reduce its dependence on Samsung for its upcoming transition from LCD to OLED displays.
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Silver Spring Networks forges alliance with Rongwen to build smart cities in China2016-04-01

Silver Spring Networks is about to tie-up with Rongwen to bring its IPv6 platform to China. The two companies hope that this new partnership can help create smarter and more efficient cities in China.
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Midea to acquire Toshiba's home appliance business2016-03-30

Chinese household appliance major Midea Group has recently signed a memorandum of understanding with Toshiba to acquire the white goods business of the Japanese industrial conglomerate in a bid to boost its global expansion plan.
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Alibaba plans to set foot in India's e-commerce segment2016-03-30

During a meeting with India’s Telecom Minister in early March, Chinese e-commerce giant Alibaba revealed its plans to enter India in 2016.
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Levi Strauss & Co. on its water saving drive2016-03-29

In an effort to encourage water conservation, American apparel brand Levi Strauss & Co. is sharing its innovative WaterFull story

LG launches ultra-premium brand of appliances2016-03-29

LG Electronics recently launched its ultra-luxury appliance brand, LG Signature, in its latest bid to beef up profitability. Combining the best design and functions, the Korean tech giant showed confidence in raising the standards in the fast-growing premium home appliance market.
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Haier aims to boost sales with new home appliances in 20162016-03-22

Chinese appliance maker Haier, which was named the “World’s No. 1 Home Appliance Brand” by Euromonitor for the seventh year in a row, is aiming to achieve around 40 percent sales growth in 2016 with a host of new products to drive the business.
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Indian jewellery imports to rebound after nationwide jewellery strike ends2016-03-22

Indian gold imports could see recovery after the country’s main jewellery federation reached an agreement with the government over newly imposed taxes following an 18-day strike.
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Panasonic rolls out world’s first Countertop Induction Oven (CIO)2016-03-22

During the recent International Home & Housewares Show in Chicago, Panasonic introduced the first-ever Countertop Induction Oven (CIO) that combines induction and double-infrared heating technologies to make meals in no time.
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Apple, Google and Samsung named the world’s top 3 most valuable tech firms2016-03-21

According to statistics from the UK-based industry tracker Brand Finance, Apple was crowned as the world’s most valuable tech companies. Goggle came in at second place, followed by Samsung.
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Toys ‘R’ Us reports increased earnings in 20152016-03-21

Toys ‘R’ Us recently released their performance reports for fiscal 2015 and the fourth quarter. While net sales for the full year declined by US$559 million, adjusted earnings rose by 25 per cent. Toys ‘R’ Us also saw a significant reduction of full year net loss by over 50 per cent. The chain was optimistic about the coming year and sought to continue executing several key concepts so as to provide the best shopping experience for customers.
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Vodafone and Philips join forces to bring wireless street lighting system2016-03-17

Vodafone recently announced a new agreement to become a global Internet of Things (IoT) managed connectivity partner for Philips Lighting to implement connected street lighting systems around the world. The two companies hope that this partnership will allow city authorities to create scalable smart lighting infrastructure, bringing energy savings and maintenance efficiency.
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Adidas to boost its China presence with 3,000 new stores by 20202016-03-08

The German sportswear and apparel group Adidas aspires to bolster its retail sales network to 12,000 outlets in China by 2020, counting on rising affluence and health-awareness in the country to boost its international business.

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IKEA eyes biodegradable mushroom packaging to replace polystyrene2016-03-04

The world’s largest furniture retailer, Swedish-based Ikea, is reportedly mulling and trialling the opportunity to utilise biodegradable mycelium-based packaging to replace polystyrene, a solution provided by U.S. based start-up, Ecovative.
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Hasbro posts better-than-expected revenue thanks to brisk sale of Star War merchandise2016-03-04

US toy maker Hasbro recently posted better-than-expected revenue gained on brisk sale of merchandise tied to Star Wars.
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Pandora records big sales in Australia2016-03-02

Global jewellery retailer Pandora recently released its full-year report, which shows a staggering growth record of 39.5% in Australia during 2015.
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Esprit remains confident in outlook despite interim loss2016-02-26

Hong Kong clothing retailer Esprit Holdings Ltd. posts loss of HK$238 million in the first half, hurt by China economic woes and a weak euro. Although Esprit said it is conscious that volatility in financial markets and economic uncertainty across regions may dampen consumer sentiment, it expects its overall performance to continue to be in line with its growth guidance.
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Bangladesh aims to boost trade with Canada to US5 billion by 20202016-02-25

Bangladesh has been enjoying duty-free market access to Canada since 2003 and country is hoping to boost trade with Canada from the present level of US$2.0 billion to USUS$5.0 billion by 2020, according to Reuters.
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Frankfurt Messe announces UK as partner country for Ambiente 20172016-02-19

Officials from the Frankfurt-based trade fair Ambiente recently announced the United Kingdom as the 2017 Partner Country.
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The upcoming 5th Asia Apparel Expo to greet fashion buyers in Berlin2016-02-18

For its fifth edition, Asia Apparel Expo returns to Berlin from Wednesday 24 through to Friday 26 February, 2016. As the largest Asian apparel sourcing exhibition in Europe, 250 clothing companies from Hong Kong, China, Bangladesh, Pakistan, Mynamar, Thailand, India, Cyprus, Belgium and Poland will be on show for European clothing companies interested in working with Asian-based apparel manufacturers and suppliers.
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HKTDC's March Jewellery & Gem Fairs to gather 4,400 exhibitors2016-02-15

Premium quality precious gems and stones, exceptional designs and unique jewellery pieces will be featured at the world’s largest marketplace for jewellery in Hong Kong in early March. The Hong Kong International Jewellery Show will be held at the Hong Kong Convention and Exhibition Centre (HKCEC) from 1-5 March, while the Hong Kong International Diamond, Gem & Pearl Show will take place almost concurrently at AsiaWorld-Expo (AWE) from 3-7 March.
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Home Depot to hire 80,000 seasonal workers2016-02-04

The US’s largest home improvement chain Home Depot is going on a massive hiring spree this week to prepare for a busy spring season, bringing on over 80,000 employees nationwide.
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Macy's to axe thousands of jobs in restructuring2016-02-03

Capping a disappointing holiday season, Macy's plans to layoff more than 4,500 positions as part of a restructuring plan in a bid to turn around the department store's slumping sales.
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Las Vegas Market winter show touts record buyer attendance2016-02-02

The winter edition of the Las Vegas Market in late January concluded with record buyer attendance, spelling a solid sense of optimism for the year ahead.
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J.C. PENNEY starts selling home appliances again after 33 years2016-02-01

Department store operator J.C. Penney said it would start selling home appliances in February, re-entering the market after a gap of more than 30 years. The chain will sell kitchen and laundry appliances in a range of price points from GE, Hotpoint, LG and Samsung in 22 pilot stores starting February 1.
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Alibaba quarterly revenue rises on encouraging holiday sales2016-01-29

Chinese e-commerce giant Alibaba's third-quarter revenue rose 32 percent despite a slowdown in China’s economy, highlighting the resilience of Chinese consumers.
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Ikea seeks to boost online sales to US$55 billion by 20202016-01-29

Ikea Group, the Swedish furniture chain, is ramping up its e-commerce business and expects its website to boost its online revenues to about US$55 billion by 2020, representing a 10 percent of its total revenue.
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Star Wars toys generate more than US$700 million in sales2016-01-28

Star Wars toys were the hottest property in the toy industry last year, generating hundreds of millions of dollars of sales, according to the retail research firm NPD Group.
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117,000 buyers take in four HKTDC January Trade Fairs2016-01-28

Organised by Hong Kong Trade Development Council (HKTDC), the Hong Kong Toys & Games Fair, Hong Kong Baby Products Fair, Hong Kong International Licensing Show, and Hong Kong International Stationery Fair, which was jointly organised with Messe Frankfurt (HK) Ltd., attracted about 117,000 buyers, up 5.5 per cent over last year.
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Toys R Us opens its 100th store in China2016-01-27

Toys R Us recently opened its 100th store in China, with the new store at Beijing APM Shopping mall marking ten years since the toy retailing giant entered China with its first store in 2006. The company currently operates in 44 cities throughout the country.
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Burberry sales edge up amid uncertain market outlook2016-01-26

Sales at British fashion brand Burberry have improved after a return to growth in China and strong demand in Europe, but it warned that the outlook for the luxury sector would remain uncertain.
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Tiffany reports dismal holiday sales2016-01-25

Iconic luxury jewelry retailer Tiffany & Co. recently reported a worldwide decline in jewellery sales during the holiday period and downgraded its 2015 profit outlook while announcing its move to cut costs by slashing jobs.
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Las Vegas Market unviels winner of 2016 Global Goodness Award2016-01-25

Las Vegas Market named Dunitz & Company, a supplier of handcrafted glass jewelry from Guatemala, as the People’s Choice winner of the fifth edition Global Goodness Awards, which recognizes furniture, gift and home decor companies for environmentally-friendly, sustainable and socially responsible activities. The 2016 Global Goodness Award are presented at the undergoing Winter Market, which opened on January 24 and runs through January 28, 2016, at the Las Vegas Market trade fair.
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Ted Baker reports bumper Christmas sasles2016-01-22

Helped by a strong performance in its retail business, London-based Ted Baker Plc recently reported a strong Christmas sales, despite mild winter weather that has dogged rival clothing retailers.


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Apple seeks government approval to launch its own stores in India2016-01-21

Amid concerns that China’s slowing economic growth could sap demand for iPhones, Apple the tech giant has filed a request with the Indian government to open its own retail stores in India, a fast growing smartphone market that is home to 1.2 billion people.
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Tesco income rebounds amid strong British Christmas sales2016-01-20

Tesco Plc recently posted its first sales growth in more than four years as Christmas provided a sign that the struggling U.K. supermarket company’s turnaround is starting to pay off.
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Wal-mart plans to shut 269 stores in the US and worldwide2016-01-19

Walmart announced in mid Jan it will shut 269 stores globally amid tense competition with online retailers like Amazon.
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Adidas's 2015 net sales in China reach USD 2 billions 2016-01-18

Sporting goods giant Adidas Group has recently revealed that its subsidiary in Greater China, the second-largest market of its group, achieved sales of US$2.18 billion in 2015, the company's highest ever annual sales in the region.
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Samsung dominates the 2016 CES Winter Show with more than 100 awards2016-01-18

Samsung Electronics has won more than 100 awards in key categories including Home Entertainment, Home Appliances, Mobile, and Internet of Things at the 2016 Winter edition of Consumer Electronics Show (CES) held in Las Vegas. Among Samsung's CES 2016 award wins are 38 CES 2016 Innovation Awards, including a Best of Innovations Award in TV.
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Hong Kong-based apparel retailer Bossini struggles with profit dip2016-01-15

Hong Kong-based apparel retailer Bossini International Holdings Ltd recently issued a profit warning, expecting its net profit in its financial first half to drop 80 to 90 per cent over a year ago, mainly caused by a notable drop of sales and gross profit.
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Pandora records surging sales in 20152016-01-15

Danish jewelry designer and manufacturer PANDORA saw its revenue leap approximately 40 per cent in 2015, according to preliminary results released by the company.
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U.K. Jewelry sales surge in last 2 months of 20152016-01-14

Total jewelry and watches sales in Britain grew at their fastest rate in five months during the five-week period from November 29 , 2015 to January 2, 2016, according to the latest British Retail Consortium Retail Sales Monitor report.

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Apple leads the smartwatch market in 20152016-01-14

The Apple Watch grabbed over half of the global smartwatch market in 2015 while Android Wear has slipped behind, according to an analyst report.
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UAE's toys and games market tipped to reach US$1 billion by 20192016-01-13

A growing population, coupled with a sustainable development in tourism, are steering the UAE's toys and games market into a US$1 billion industry, according to a recent report by Euromonitor International.
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India exporters feel the pinch of Chinese currency depreciation2016-01-12

China’s devaluation of its currency is considered a worrying development for India’s flagging exports, and could lead to a surge in imports from its northern neighbor as well as worsening the country’s trade deficit with China, according to India’s trade minister.
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Hong Kong January Toys, Baby Products and Stationery Fairs to feature 2,800 exhibitors2016-01-07

The HKTDC Hong Kong Toys & Games Fair, HKTDC Hong Kong Baby Products Fair and the Hong Kong International Stationery Fair will kicked off the 2016 trade show season in Hong Kong on 11 January, 2016. A record of nearly 2,800 exhibitors, up 3.6 per cent over last year participated in the three fairs run from 11 January through 14 January at the Hong Kong Convention and Exhibition Centre (HKCEC).
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Huawei smartphone shipments surge 44 percent in 20152016-01-08

Huawei Technologies Co has become the first Chinese handset vendor to ship more than 100 million smartphones annually, defying a market slowdown to challenge smartphone leaders such as Samsung Electronics Co and Apple Inc.
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HKTDC expects flat exports next year2016-01-06

The Hong Kong Trade Development Council (HKTDC) predicts that Hong Kong's export volume will increase by two per cent in 2016. However, as global economic growth is expected to remain weak and the US dollar will stay mostly strong next year, unit value is likely to be under pressure, leaving export value to remain flat in 2016.
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US holiday sales surged 7.9%, amid a huge boost to E-Commerce2016-01-04

It was definitely a merry holiday season for US retailers. According to data released by MasterCard Advisors, online retail sales rose 20% between Black Friday and Christmas Eve, while total retail sales excluding automobiles and gasoline increased 7.9%.
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De Beer sees strong diamond jewellery sales in 2014 2015-12-23

Diamond miner De Beers said global diamond jewellery sales grew by 3 percent last year (2014) to a record of over US$80 billion, helped by strong demand in the United States, however, the diamond retailing giant warned that 2015 would be tough for the industry.
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Fortnum & Mason posts record sales ahead of Christmas2015-12-14

UK-based luxury food and gifts store Fortnum & Mason recently posted record annual sales, aided by a new outlet at Heathrow Airport and its new website.
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Amazon.com sees a surge in buyers from China2015-12-15

Amazon.com, Inc. is experiencing a surge in sales from Chinese consumers. In the first 10 months of 2015, Chinese consumers spent more on Amazon’s global site than they did in the last 20 years.
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Philips forges partnership with Cisco to offer SMART office lighting2015-12-16

Philips, the global leader in lighting, recently partnered with Cisco, the worldwide leader in IT, to create new energy savings, building efficiency and employee productivity, made possible by the Internet of Things (IoT) in modern offices. This global strategic partnership brings together Philips’ LED based connected lighting system with Cisco’s IT network to address a lucrative global office market.
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Cyber Monday clocks record sales for US, 26% from mobile devices2015-12-02

Robust online sales helped push Cyber Monday the largest U.S. online sales day ever. According to the Adobe's Digital Index, total online sales on Cyber Monday rose 16 percent from last year, to US$3.07 billion, which is based on 200 million visits to 4,500 retail sites.
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Star Wars sets to dominate toy aisles this Christmas2015-11-25

Though total retail spending is only projected to grow modestly this holiday season, with Disney its backer, the latest Star Wars film is poised to give the toy industry a boost.
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Apple revenue jumps 22% upon strong iPhone sales2015-11-24

Apple Inc reported higher-than-expected quarterly revenue and profit as sales of iPhones surged 36 percent, driven by the launch of the 6S and 6S Plus models in September.
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Apple gears up for Nov 11 shopping spree with iPad Pro2015-11-10

The iPad Pro , the largest screen tablet ever made by Apple Inc , has been available for online pre-order on Nov 11, the same day the world's biggest one-day online shopping spree takes place in China .
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Jenn-Air dinner raises US$1.25 million for Autism Speaks2015-10-30

Appliance manufacturer Jenn-Air has partnered with autism science and advocacy organisation, Autism Speaks, to host a special dinner in Los Angeles. The inaugural event raised over US$1.25 million for the organisation.

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2015 Table & Home Indonesia Housewares Fair sets to become bigger2015-10-12

According to Tarsus Group Exhibitions, the upcoming 2015 Table & Home Indonesia Housewares Fair taking place on 26-29 November 2015 at The Jakarta International Convention Centre will get bigger and use Hall A and Hall B.
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Toys 'R' Us reports narrower loss thanks to restructuring efforts2015-10-07

While US mass-market retailer Toys 'R' Us's domestic sales declined by 2.5% in its second quarter of 2015, international sales rose by 3.3%. Toys 'R' Us Inc. also reported a sharply narrower second-quarter loss, amid a broader restructuring drive that targets US$325 million in savings.
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Indian brand Peter England sponsors wardrobe for Taskara2015-10-07

Peter England, an Indian apparel brand, has sponsored wardrobe for the film Taskara, which has been produced in Telangana and Andhra Pradesh. The film’s VFX supervisor is Himanshu Sahni.
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2016 Exclusively Housewares & Exclusively Electrical Shows set to be bigger and better2015-10-06

The 2016 twin-fair Exclusively Housewares and Exclusively Electrical will take place on 14-15 June at the Business Design Centre, London. The shows for 2015 were reported to be a success, according to the organisers.
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US Housewares industry responds to new dietary guidelines with small appliances2015-10-05

The next edition of the U.S. Department of Agriculture’s Dietary Guidelines for Americans has been published in the form of the Scientific Report of the 2015 Dietary Guidelines Advisory Committee. The report suggests more urging for Americans to modify their diets and exercise more and for more pressure on the food industry to produce food products in a healthier direction. As a result, the housewares industry is responding to the new guidelines with small appliances that focus on healthy eaters.
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Nike profits and revenues soar on China's strong performance2015-10-02

Boosted in part by higher average selling prices and strength in its China business, Nike Inc.'s sales rose a better-than-expected 5%, despite fears of a slowdown in the world's second-biggest economy.
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Apple sells record 13 million iPhones in debut weekend2015-09-30

Apple announced that it sold a whopping 13 million the latest iPhone 6S and 6S Plus handsets through the debut weekend over the late September, a 30% increase over last year's sales claim for the 4.7-in. iPhone 6 and 5.5-in. 6 Plus. The next-generation models went on sale in 12 launch countries including the UK, US, Australia, France, Germany, Japan and China with a further 40 countries starting from 9 October.
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Pope Francis is presented with special bowl hand-crafted by Lenox2015-09-30

During the visit to Philadelphia in the US on 22 September, Pope Francis was presented a beautiful china bowl hand-crafted by Lenox Corporation at the World Meeting of Families opening ceremony. Lenox is a tableware, giftware and home entertaining company.

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UBM September HK Jewllery Show features over 3,700 exhibitors2015-09-29

UBM’s fine finished jewellery section of the September Hong Kong Jewellery & Gem Fair concluded last week. The show, held on 18-22 September, 2015 at the Hong Kong Convention & Exhibition Centre, together with the concurrent raw materials section featured a huge line-up of more than 3,700 exhibitors.

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Malaysia Jewellery Fair offers a regional trading platform2015-09-23

Malaysia International Jewellery Fair (MIJF) 2015 took place in late August at Kuala Lumpur Convention Centre to render one of the most significant jewellery trading centres in the Southeast Asia region.
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IKEA full-year sales rise 11 percent, led by China and Russia2015-09-23

Ikea Group, the world’s largest furniture retailer, will keep expanding in emerging markets despite recent market turmoil. Its good revenue generated in China and Russia fueled an 11 percent increase in full-year sales.
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Zuchex 2015 sees 21% increase in international exhibitors2015-09-23

Taking place from 01-04 October 2015 at the Tuyap Exhibition and Congress Center Istanbul, Zuchex 2015 will again render global buyers a unique sourcing opportunity of housewares and gift products.
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China Toy Expo 2015 to feature 1,400 exhibitors this mid October2015-09-23

The China Toy Expo, being China's leading industry-wide trade fair that focuses on toys, hobbies and baby articles, will take place from October 20-22 at Shanghai International Expo Center, concurrently with the China Kids Expo and China Licensing Expo.
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Eaton’s LED Luminaire offers great energy savings for street lighting2015-09-22

US giant power management company Eaton Corporation has recently introduced Streetworks Verdeon LED Roadway Luminaire which is an energy-efficient product for street lighting. It features high performance, long life, low cost, low maintenance and energy savings up to 50 percent compared to standard high-intensity discharge solutions.
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Philips’ LED illuminates Turkey’s Tunca Bridge2015-09-21

As part of a program to enhance the identity of cities in Turkey, lighting company Philips has illuminated the Tunca Bridge which is a historical monument. The program was jointly organised with the Governor’s office of Edime to accurately reveal the architectural details of the bridge without damage to its historical features.
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SMEG introduces retro-style blender2015-09-16

Italian appliance manufacturer SMEG has recenely introduced the BLF01 Blender to its retro-style collection in the U.S. market. The company is renowned for its advanced technology and classic style. The new product is now available across the country.
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Philips and Catharina Hospital sign technology agreement for cardiovascular centre2015-09-14

Dutch-based Royal Philips has entered an agreement with the Catharina Hospital on 14 September for installing Philips’ advanced medical technologies in the new cardiovascular centre of the Hospital in the Netherlands. The partnership will provide access to the hospital for advanced technological image-guided minimally invasive treatment of patients with cardiovascular disease.

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Swiss Diamond griddles appeal to American households2015-09-15

Swiss Diamond’s Double-Burner Griddle was named one of AIMsights’ “Top Ten Products for the Changing American Family.” AIMsights is an international marketing consulting company.
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Whirlpool’s SUPSA plant celebrates 30th birthday2015-09-09

Whirlpool Corporation’s SUPSA plant, which is located in the state of Nuevo Leon in Mexico, celebrated its 30th birthday. With more than 2,400 employees, the plant produces the company’s only top-mount refrigerators which are sold in North America.
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GE LightGrid receives gold award at International Edison Awards Ceremony2015-09-08

GE Lighting has been given a Gold Edison Award for its LightGrid Outdoor Wireless Control System. The product was recognised for its excellent energy conservation and management. The award event took place at a gala in New York.
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New Sony headphones deliver high-resolution audio2015-09-07

Sony Electronics has announced its new High-Resolution Audio compatible headphones for the market in US. The products will be available in five vibrant colours (charcoal black, cinnabar red, lime yellow, viridian blue and Bordeaux pink) and will deliver superior sound quality.
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A Star Wars bonanza for toy retailers2015-09-09

The release of the new Star Wars movie may still be months off, but Disney is unleashing its full marketing “Force” behind the launch of hundreds of toys and other items related to the film.
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New ISO standards to further clarify diamond descriptions2015-09-02

According to the Gem & Jewellery Export Promotion Council (GJEPC), Bharat Diamond Bourse & Gem and Jewellery Federation have praised the release of ISO International Standard 18323: Jewellery – Consumer confidence in the diamond industry. This new standard lists a series of definitions aiming to provide further clarity for traders and to maintain confidence of consumer in the diamond sector.
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India to replace 20 million streetlights with LED bulbs in 2 years2015-09-02

India's government has reiterated its commitment to energy efficiency earlier this year when the Domestic Efficient Lighting Programme (DELP) was launched, calling for 20 million lightbulbs in streetlights to be replaced with LED bulbs. The retrofit project is expected to cost around Rs 2,500 crore (US$385 million).
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MA Lighting boosts the glitz and glamour of Bollywood2015-09-01

The lighting support for this year’s International Indian Film Academy Awards (IIFA Awards) was provided by MA Lighting. The ceremony, which recognises both the artistic and technical excellence of filming professionals involved in Bollywood, is staged in different countries across the world every year.
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LG appliances receives Energy Saving Trust verification2015-08-31

The Energy Saving Trust (EST) has verified the current premium appliances portfolio of LG as energy efficient. Appliances such as LG’s 6 Motion Direction Drive A+++ washing machine which has been shown to save 35 per cent of electricity for users as compared to equivalent models and will now carry the ‘Energy Saving Trust Verified’ logo.
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Intertextile Shanghai Autumn 2015 staged in a brand-new venue 2015-08-27

Intertextile Shanghai Home Textiles – Autumn Edition 2015, Asia’s leading home textiles and accessories trade fair is taking place at the brand-new National Exhibition and Convention Center (Shanghai) from 26 – 28 August, with over 1,400 exhibitors from around 30 countries and regions.
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New exercise garments to help boost athlete' performance2015-08-26

A line of garments has been designed to help athletes perform better in activities such as exercising and running. The purpose of the new products, called TDpro, is to keep the athletes’ muscles flexible and warm as they perform their activities.

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EcoSense receives 2015 LIGHTFAIR Innovation Award2015-08-25

LED lighting manufacturer EcoSense has received an award for its new TROV platform product. The LIGHTFAIR Innovation Awards recognised the platform as the BEST IN CATEGORY for Dynamic Colour, Theatrical, Cove and Strip Lighting.
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LED components see sustainable growth in Japan2015-08-24

LED lighting is gaining wider and wider acceptance because of its efficiency and low cost. It is environment-friendly as it helps reduce energy consumption by up to 40%.
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ASUS showcases new Zensation line at Computex2015-08-24

ASUS Chairman Jonney Shih went on stage at this year’s Computex and unveiled new products designed to make people’s personal and professional lives harmonic and simplistic. They are the products with the Zensation theme.
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Philips lightens up Accra’s National Theatre with latest LED lighting2015-08-19

At Philips’ sixth consecutive Cape Town to Cairo roadshow, the company showcased the newly illuminated National Theatre of Ghana in Accra. Philips has provided the theatre with its latest connected LED technology to boost the beautification of the city. At the same time, the work has also cut energy consumption by up to 80% as compared to the current conventional lighting.
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Foxconn pledges US$5 billion investment in India2015-08-19

Taiwanese manufacturer Foxconn which produces a variety of Apple and Blackberry products announced plans to invest a whopping US$5 billion in India's Maharashtra state as labour costs in China continue to rise.
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Sony’s PS 4 adds new and social connection features2015-08-17

Sony Computer Entertainment America LLC (SCEA) has released system software update version 2.50 for the PlayStation 4 system. Updates include the Suspend/Resume feature that enables gamers to quickly jump in and out of their games and resume from their previous game status. The system also added to its social tools by making it easier to link gamers together.
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Spiral Toys updates CloudPets mobile app2015-08-18

Spiral Toys, provider of mobile-connected wireless entertainment technology, has updated its mobile app “CloudPets” to version 2.0. The time of the update was about concurrent with the time of sale of the CloudPets interactive plush toy, which can interact with the app.
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China’s Yuan devaluation further weakens Indian exports 2015-08-14

China's unexpected decision to devalue the yuan in a bid to boost sluggish overseas sales has come at a particularly bad time for India, experts said. A depreciation of the Yuan against the US dollar is expected to hurt India’s exports and reduce India’s export competitiveness.
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Vietnam’s apparel exports to TPP markets soar 70%2015-08-13

Vietnam's garment and textile export turnover to countries participating in the Trans-Pacific Partnership (TPP) negotiations rocketed 69.66 percent in the first five months compared with the same period last year, according to the latest report from the Vietnam Textile and Apparel Association (Vitas).
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Middle East records robust gold jewellery sales amidst prices slide2015-08-12

Gold jewellers in the Middle East region reported robust gold sales in July amid the slide in gold prices, prompting some jewellers to speed up their plans of opening more retail outlets in Middle East to take advantage of the lucrative growth in the region.
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Sustainable development in garment industry addressed at SWITCH-Asia2015-08-12

Industry experts, international and local policy makers, civil society and business representatives have gathered in Yangon’s SWITCH-Asia Programme to discuss the sustainable development of the garment and textile industry in Asia.
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LG launches “consume with care” social media program2015-08-11

On World Environment Day (WED), LG Electronics started its global employee volunteer program to commemorate its sixth year of partnership with the United Nations Environment Programme (UNEP). To encourage more people to participate in this day which has the theme “Seven Billion Dreams. One Planet. Consume with Care”, the company sponsored a social media promotion to encourage its followers on Facebook to submit photos and videos that illustrate best the theme.
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Optronics receives Altec Supplier Award2015-08-10

Vehicle lighting manufacturer Optronics International has received the QCDS Award from Altec for its ability to meet and exceed Altec’s requirements in four major areas of performance.
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Bridgelux partners with Avi-on Labs to introduce smart commercial lighting2015-08-05

Bridgelux Inc. and Avi-on Labs have teamed up to introduce a new standard to the commercial market for CSR Bluetooth based smart lighting products. This is one of the first of Bridgelux’s offerings of smart lighting for its Xenio platform.
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ICA Appoints Former JCK Editor Gary Roskin as Executive Director2015-08-05

Gary Roskin, a famous gemstone expert who wrote for JCK for more than a decade and has taught and worked at the Gemological Institute of America, has been appointed executive director of the International Coloured Gemstone Association (ICA).
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Sony partners US rock band to promote high-resolution audio2015-08-04

Sony Corporation and American rock band Foo Fighters will team up to deliver premium quality high-resolution audio across the globe. This year, Foo Fighters celebrates the 20th anniversary of its 1995 debut album.
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TT Electronics receives innovation award2015-08-03

Austria-based TT Electronics’ Transportation Sensing and Control business has won the Austrian National Innovation Award for its Power Stack module.
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Bangladeshi Prime Minister urges for higher apparel product prices2015-07-31

Amid factory upgradation and escalating workers’ wages, Bangladeshi Prime Minister Sheikh Hasina has urged the foreign buyers to raise the prices of Bangladeshi garment products, which will ultimately be spent on ensuring better welfare of the country's four million ready-made garment (RMG) workers.
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GJEPC upbeat about India's gem & jewellery industry performance2015-07-30

Tumultuous global economic conditions and decline in exports did not deter the Indian gem and jewellery industry from contributing US$39898.81 million to country’s coffers in terms of foreign exchange earnings, according to statistics released by the Gem & Jewellery Export Promotion Council (GJEPC) for the financial year 2014-2015.
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Ikea offers free wall anchoring kits after toddlers tragedy2015-07-29

Swedish furniture supplier IKEA is recalling 27 million dressers and drawers in association with the recent deaths of two American toddlers. People will not be asked to return the furniture, but are instead being given the chance to order a free wall anchoring kit for the affected chests and dressers.
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ABB teams up with Philips to integrate lighting & home automation systems2015-07-29

ABB, a company focusing on power and automation technologies, has recently announced a joint effort with Royal Philips on the seamless integration of the Philips Hue connected lighting system with ABB’s i-Jia home automation system.
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LG to launch NeON 2 solar panels in U.S.2015-07-28

LG Electronics’ most efficient and innovative solar power system, the LG NeON 2, will be launched in the U.S. in August. The system is equipped with newly developed LG “Cello” technology which is made up of 12 thin wires. The technology offers much improved performance and reliability.
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New LEGO Dimensions game to be launched in September2015-07-27

The LEGO Group, Warner Bros. Interactive Entertainment and TT Games have teamed up to launch new game LEGO Dimensions in September. According to the groups, LEGO Dimensions is an all-new entertainment experience breaking the rules of traditional gaming to combine LEGO brick building with interactive console gameplay.
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Inaugural Macao International Gem Fair Opens on 27 Jul, 20152015-07-24

The inaugural MACAO INTERNATIONAL GEM FAIR kicks off on 27th July, 2015 (Monday) through 30th July (Thursday) at the Venetian Macao Resort & Exhibition Center. Jointly-organised by MEGA EXPO (Hong Kong) Limited, a leading Hong Kong-based trade exhibition organiser, and three renowned Hong Kong-based industry associations, the brand-new fair will feature 220 exhibitors from Hong Kong, Mainland China, India, Iran, Israel, Japan, Malaysia, Poland, South Korea, Sri Lanka, Taiwan, Thailand, UAE and the USA, showcasing their best offers of gems, diamonds, pearls, loose stones, raw materials, fine jewellery and other related services to buyers from around the world.
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Praxair supplies oxygen to Brazilian houseware manufacturer2015-07-22

Praxair, Inc. is operating multiple plants to produce oxygen for Nadir Figueiredo S/A, a housewares manufacturer in Brazil. Oxygen is a main element in the manufacturer’s production process and is used to help the company produce its housewares and food and drink packaging.
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2015 movie toy enjoys unrivalled success2015-07-22

A successful year in the movie business usually represents a successful year in the toy business. With huge blockbusters like Star Wars: The Force Awakens, Avengers: Age of Ultron and Jurassic World, as well as family friendly films that are actually fun for the whole family (Minions and Peanuts), the toy industry is expected to see a huge boost of merchandise sales to awestruck kids and avid collectors.
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VILA teams up with Red Cross for charity work2015-07-21

VILA, a Danish fashion brand, is teaming up with Red Cross for charity sale. A VILA fashion t-shirt will be on sale and about USD7.6 (7 Euro) per t-shirt will be donated to the Danish Red Cross.
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Whirlpool cooking appliances receive certification for sustainability2015-07-20

Nine of the Whirlpool brand’s cooking appliances have been recently certified under the Association for Home Appliance Manufacturers (AHAM) Sustainability Standard for Cooking Products.
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Giftex 2015 kicks off with record-breaking exhibitor number2015-07-08

Gifttex 2015, organised by Reed Exhibitions Japan Ltd., opened on 8 July with some 1,470 exhibitors from 30 countries/regions would take part. Organised by Reed Exhibitions Japan Ltd., the three-day fair (8-10 Jul) at the Tokyo Big Sight is Japan's leading trade fair for all kinds of gift items, and consists of 7 specialised shows for general gift items, cutting-edge design products, tableware, kitchenware, fashion accessories, health & beauty products and babies & kids' items.
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Gien to boost sales in U.S.2015-07-08

Ceramic brand Faiencerie de Gien plans to significantly expand its global sales in the next few years. In particular, the company would like to focus on North America. Although Gien’s products are sold in different countries, exports seem to play an important role.
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Harriet Kelsall Bespoke Jewellery nominated for the UKJA Awards2015-07-06

Harriet Kelsall Bespoke Jewellery has been under nomination in the “Ethical Jewellery Business of the Year” of the UKJA Awards. The sponsors for this event include The Creative Jewellery Ground, Citizen, and the Fairtrade organization.
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Vapor Apparel sets up new production facility in U.S.2015-07-07

Performance apparel manufacturer Vapor Apparel is setting up a 30,000 square foot production plant in Union County, South Carolina, representing a major step for the company which focuses on performance fabrics.

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Zoomer Dino receives two awards2015-07-15

Toy manufacturer Spin Master Ltd. is the recipient of two of this year’s Toy of the Year (TOTY) Awards, which were given by the Toy Industry Association. They were Toy of the Year and Boy Toy of the Year, both for Spin Master’s Zoomer Dino robotic dinosaur.
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Online shopping continues to heat up in India2015-07-03

Online shopping maintained its strong growth momentum in India thanks to deep penetration of mobile devices in recent years. According to a CBRE India Consumer Survey 2015, consumers indicate that they are likely to shop online more frequently in forthcoming years.
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Nike tops estimates amid brisk sales of high-margin shoes2015-06-30

Nike Inc., the world’s largest sports footwear and apparel maker, reported a better-than-anticipated profit for the eighth quarter in a row amid strong sales of high-margin shoes and a surprising rise in "futures orders".
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La Rochere Glassworks launches a new website for private customers2015-07-02

After opening a subsidiary in New York, La Rochere Glassworks continues to develop in the United States. It is launching a new website to cater to the American market.
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HKTDC Hong Kong Spring/Summer Fashion Week to feature 1,200 exhibitors2015-07-02

HKTDC Hong Kong Fashion Week for Spring/Summer will take place from 6 through 9 July 2015 at the Hong Kong Convention and Exhibition Centre. Entering the 22nd edition, the apparel trade fair will feature around 1,200 exhibitors from 20 countries and regions to present industry players a golden opportunity to converge and share market trends and intelligence.
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Lenovo mulls a new smartphone manufacturing unit in India2015-06-30

Chinese tech major Lenovo is considering to set up another manufacturing plant in India to boost smartphone sales in the country, buoyed by the Made-in-India initiative. The company already has an unit in Pondicherry that manufactures laptops.
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ABB and Philips join forces to promote smart living in China2015-06-30

Royal Philips, the global leader in lighting, and ABB, a leading power and automation technology provider, recently announced a collaboration that gives Chinese consumers an amazing connected lighting experience and further the adoption of smart homes in China.

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Adidas to use ocean plastic waste in products2015-06-30

Adidas Group has announced its partnership with Parley for the Oceans to participate on projects that can protect the oceans from destruction. One of the company’s efforts for the partnership is to use ocean plastic waste in its products.
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Learning Express Toys launches FreedomPay Commerce Platform2015-06-29

Learning Express Toys, a franchisor of educational toy stores, is implementing in its stores the Commerce Platform by FreedomPay, provider of payments technology. The platform will be PaaS and Cloud-based.
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French Bull and Cheeky partner for a new tableware collection2015-06-24

Tableware seller French Bull has partnered with lifestyle brand Cheeky to create a new set of paper and plastic tableware. Called French Bull for Cheeky, the set features French Bull’s designs.
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Bailey’s Fine Jewelry donates to the Food Bank of Central & Eastern North Carolina2015-06-23

Bailey’s Fine Jewelry donated in May USD11,000 to the Food Bank of Central & Eastern North Carolina to help fight hunger through its campaign Share the Love. For every ring purchased from the Bailey’s Signature Collection of wedding and engagement jewellery, the company donates funds to purchase 360 meals to feed a local family in North Carolina.
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LidLover's new lid fits bowls of multiple sizes2015-06-22

LidLover, manufacturer of kitchenware, is offering a lid that fits bowls of different sizes. The product was a result of years of frustration with misplaced and melted lids overflowing in the pantry of its creator, Miss Patricia Anthony.
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Samsung joins hands with luxury designers to create chic phone cases2015-06-19

South Korean technology giant Samsung Electronics has collaborated with various artists and creative brands to create custom accessories that enhance the latest Samsung Galaxy S6 and S6 edge.
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UBM's HK June Jewellery & Gem Fair to host over 2,200 exhibitors2015-06-19

The 28th June Hong Kong Jewellery & Gem Fair opens at the Hong Kong Convention & Exhibition Centre (HKCEC) on 25th June. With 2,233 local and overseas exhibitors, the fair once again breaks its record to become the largest June edition in terms of the number of exhibitors and exhibition space.
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Gap to close 175 stores in North America2015-06-19

In recent years, shoppers are turning away from apparel retailer Gap to fast fashion rivals such as H&M, Inditex's Zara, and Forever 21. Rapidly declining sales are forcing the struggling retail giant to close a quarter of its stores in North America over the next few years, including 140 this year.
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Blueair presents new designs at Chicago Housewares Show2015-06-18

Blueair, manufacturer of air purification products, unveiled new designs at March Chicago Homes + Housewares Show 2015. According to the company, these designs might revolutionise the mobile air purification category.
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NJK Enterprises opens online kitchensware store2015-06-17

Washington-based NJK Enterprises LLC has recently opened a new online store to sell kitchen products and cookware.
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Vista Alegre wins 3 design awards2015-06-16

Renowned tableware manufacturer Vista Alegre has recently received three design awards: the 2015 Wallpaper Design Award and Red Dot Awards. These honours came as a result of Vista Alegre’s Orquestra and Plisse tableware collections.
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Paper Pop Cards receives Consumers’ Choice Award2015-06-15

On 5 June, the US based Greeting Card Association announced that Paper Pop Cards has won the association’s third annual Consumers’ Choice Award. Paper Pop Cards’ winning entry, “Get Well Tissue Box,” is a 3-D pop-up card that reveals a tissue box and pop-up tissue when opened.
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HTC slashes its Q2 revenue projection amid sluggish phone sales2015-06-12

The Taiwanese smartphone maker HTC unexpectedly slashed its Q2 revenue projection, citing troubles with its high-end device and weak sales in China.


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Zara owner Inditex sees first quarter profit rocket 28%2015-06-11

Inditex, owner of clothing retailers including Zara and Massimo Dutti, reported a 28% rise in net profit for the first quarter of 2015, after a boost in sales.
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G-III Apparel and Karl Lagerfeld go for a joint venture2015-06-11

Manufacturer G-III Apparel Group, Ltd. and Karl Lagerfeld Group BV announced on 8 June that they have entered into a joint venture agreement to develop the designer’s namesake brand in the North American market.
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LG's G4 global launch kicks off in Hong Kong 2015-06-09

Customers in key markets around the world finally get their chances to own the latest advanced smartphone G4 from LG Electronics (LG). The global rollout of its new flagship phone began in Hong Kong, followed by releases in Turkey, Russia, and Singapore. LG says that there are around 180 carriers and retailers that plan to offer the G4.
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Whirlpool joins “Wind for Industry” project2015-06-09

Home appliances manufacturer Whirlpool Corporation has planned to use wind turbines to power its facility in Findlay, Ohio. This is part of the “Wind for Industry” project financed by One Energy, provider of energy solutions for significant electric consumers. The wind energy is to be produced at the Findlay Wind Farm.
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Inaugural CES Asia concludes with overwhelming responses2015-06-03

The first-ever International consumer electronics show CES ASIA 2015 , held on 25-27 May in Shanghai, has wrapped up with good response. During its three day run , CES Asia welcomed more than 20,000 attendees, including 1,200 members of the media, who were coming to see the latest technology on offer, the global innovation that defines our future and industry.
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Fun kitchenware popular in market-0001-11-30

A number of kitchenware with a focus on fun and play has arrived at stores. Made to liven up the kitchen, these items take themes from popular culture and allow home cooks to express their personality and taste.
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Global smartphone sales soar 19.3% on strong emerging markets2015-06-01

Global smartphones sales to end users hit 336 million units, up 19.3% in the first quarter of 2015, driven by strong sales in emerging markets, says Gartner Inc., the world's leading information technology research and advisory company.


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TOP-TOY to close wholesale business after Christmas2015-05-27

Northern Europe-based toy seller TOP-TOY has scheduled to close its wholesale business, NORSTAR, at the end of 2015, after the Christmas sales season.
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Israel's Find Your Diamond System to dazzle in JCK Las Vegas2015-05-27

Israel Diamond Institute (IDI) recently launched a pioneering "Find Your Diamond System", offering buyers an opportunity to view diamond stocks of Israeli companies participating at the upcoming JCK Las Vegas show and place orders.
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Sri Lanka to regain EU trade concessions2015-05-26

Sri Lanka has commenced bilateral discussions recently with representatives from the European Union (EU) in relation to the recovery of GSP plus facilities.
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Aventura Clothing announces the Aventura Ambassadors for 20152015-05-26

Clothing company Aventura has recently announced seventeen ambassadors to the Aventura Ambassador team, which forms the retailer’s ambassador program. The ten returning and seven new members, comprising outdoor, family, lifestyle, eco-friendly and travel bloggers and experts, will represent the Aventura Life in their own unique ways.
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TIA announces toy trends for 20152015-05-22

The U.S. Toy Industry Association (TIA) has presented earlier this year some general toy trends for the year of 2015. Toys with dinosaur and aquatic themes are among the popular items. Other trends include Technology, Mini Madness, and Open-ended Playtime.
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Target reports a larger-than-expected rise in Q1 profit2015-05-22

Target Corp reported a solid first quarter business result in mid May as revenues got a boost from online sales and a program to sharpen its product focus.
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Housewares industry shifts for millennials, boomers, and healthy living2015-05-20

Industry observers have noted a shift in the housewares industry to create products to cater to the millennials and boomers groups. In addition, the industry is putting out more products that advocate healthy living.
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Pandora’s Q1 tops estimates with US$230.8 million in revenue2015-05-18

Danish jewellery maker Pandora reported a better-than-expected surge in its first quarter operating profit due to strong sales growth around the world.
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Adidas announces growth plan for next 5 years2015-05-15

At its Investor Day in March in Germany, the Adidas Group presented a new strategic business plan until year 2020. Called "Creating the new", the plan is expected to grow the group's currency-neutral sales at a high-single-digit rate on average each year for the next five years.


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India sets up new garment centres in north east region2015-05-11

India has begun setting up apparel and garment making centres in different states in its north east region. The undertaking comes under the North East Region Textile Promotion Scheme (NERTPS) of the Ministry of Textiles. It is a scheme with a budget of USD162 million (Rs. 1038.10 crore) and key initiative to develope the region’s textiles industry.
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Smart lighting market sets to reach US$56.05 billion by 20202015-05-11

According to a new market report released by Transparency Market Research recently, the smart lighting market is expected to reach US$56.05 billion by 2020, growing at a CAGR of 15.9% from 2014 to 2020.
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Hasbro's revenue and profit top expectations2015-05-08

Hasbro Inc. reported unexpected rises in its revenue and profit in its first quarter that trounced both Wall Street’s expectations and rival Mattel losses last week. The rises were said to be buoyed by a jump in sales of the company’s boys and pre-school targeted products.
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Chinese smartphone maker Coolpad gears up to tap Indian market 2015-05-07

Chinese smartphone maker Coolpad Group Ltd. is planning an entry to the advantageous Indian smartphone market on the heels of larger rival Xiaomi Inc.’s success in gobbling up market share in the subcontinent through online sales.
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A new Gem Fair to hit Macao in July2015-05-07

A brand new trade fair for the gem and jewelry industry will come to Macao this summer. The inaugural Macao International Gem Fair is all about bringing exhibitors and buyers a new platform to tap into the fast growing Asian and China markets.
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CPSC releases new Christmas light safety regulations2015-05-07

The Consumer Product Safety Commission (CPSC), an independent agency of the United States government, recently released a final rule that will require Christmas and other holiday lights to fit into new safety standards starting in June. The new regulations aim to prevent decorative lights from causing electrical fires and other dangers in homes around the country.
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The 3rd ALEEX concludes with good results and increased attendance2015-05-07

The 3rd edition of ALEEX Home Appliances, Lighting & Electronics Exhibition, held on 14-17 April, 2015 in Guangzhou, China, concluded with another great success by attracting over 11,200 professional buyers from 150 countries and regions.


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Cree rolls out futuristic LED office lighting fixtures2015-05-04

Cree, a global market-leading innovator of lighting products and LED components, is touting its new WaveMax Technology as a breakthrough that will both boost the efficiency of its LED office fixtures while creating a richer visual ambience.
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Timex aspires to tap the lucrative smart wearable market in India2015-05-05

American watchmaker Timex is venturing into the smart wearable market in India with two Ironman activity trackers and targets to sell over 500,000 wearable devices in India by year-end. For now, the two models, Move X20 and Run X20, will be available exclusively on Amazon.in.
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Wicked Cool Toys to introduce a new line of Girl Scouts and role-play toys2015-05-05

Wicked Cool Toys is going to introduce this fall a delicious baking experience with the first-ever Girl Scouts Cookie Oven™, as well as a line of role play products, inspired by the preeminent girls’ leadership organization in the U.S.
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Bayern Munich inks a new deal with Adidas till 20302015-04-30

German sportswear giant Adidas AG is to extend its outfitting deal worth up to £645million with German soccer team Bayern Munich FC for an additional 10 years to 2030.
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Bangladesh targets to increase readymade garment exports to Canada2015-04-29

Bangladesh readymade garment (RMG) exporters are expecting a five-times higher export to Canada to reach US$3.5 billion by 2021, according to Masud Rahman, the chief of the Canada Bangladesh Chamber of Commerce and Industry.
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Mattel sees sixth straight quarter of sales decline2015-04-20

Toy-making giant Mattel Inc reported its sixth straight fall in quarterly global sales due to the plunging demand of its Barbie dolls. The toymaker's net sales fell about 2.5 percent to US$922.7 million in the three months ended March 31, the first quarter under new chief executive, Christopher Sinclair.
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Counterfeits hurt Xiaomi's power bank sales2015-04-17

Xiaomi, the popular Chinese manufacturer which recently celebrated its fifth year anniversary and was awarded a Guinness World Record by selling 2.11 million handsets in a single day, complained that its Mi Power Banks hit only 14.6 million units last year which is less than half of the anticipated sale, as there are more counterfeits in the market.
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Global diamond jewellery demand reaches US$81billion a new high2015-04-17

De Beers, the world's larger diamond producer by value, released its industry insight data recently that reflects a 3 percent increase in global diamond jewellery demand in 2014, while citing a slower last-quarter growth rate across the luxury goods category in both the US and China, the biggest and second-biggest diamond jewellery markets respectively.
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Cartier plans to open second boutique in India2015-04-15

Known as the jeweller of Indian royals, Cartier, which also sells exclusive watches through multi-brand outlets, is seeking the right business model for its second boutique in India to fully capture India's increasingly lucrative luxury market.
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LED lighting sets for robust growth in US market2015-04-14

The US LED lighting market is likely to reach US$5.2 billion in 2015, driven by continuously declining LED prices cost coupled with US government initiatives such as the Energy Policy Act of 2005 and increasing consumer inclination towards the adoption of green technologies, according to the report 'United States LED Lighting Market Forecast & Opportunities, 2020' by TechSci Research.
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Apple Watch pre-orders exceed market expectation2015-04-14

Apple Watch received an estimated 957,000 pre-orders in the United States on April 10, the day the wrist-worn device became available for purchase, according to Slice Intelligence (via Quartz). The digital commerce tracking firm claims that nearly two-thirds of customers purchased the Apple Watch Sport, with the 42mm Space Gray case being the most popular model sold on the first day.
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Mattel appoints new heads2015-04-13

Mattel, a global giant toy provider, announced recently that Christopher A. Sinclair has been appointed as Chief Executive Officer, with immediate effect. Mr. Sinclair has served as Interim CEO starting from January, 2015. He would continue to be Mattel’s Chairman. Also, Mattel announced the appointment of Michael J. Dolan as Independent Lead Director.
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Prada profit wanes as Asia sales slip 2015-04-10

Prada S.p.A., an Italian luxury fashion house, suffered a 28% drop in net profit last year, dragged by the waning sales in the Asia Pacific and Europe. The luxury goods retailer attempts to revive customers’ interest by cutting costs and strengthening its existing store network. Meanwhile, Prada is considering a price cut on its sought-after goods in Asia, including Hong Kong, after Easter.
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Over 19,000 buyers converge in Hong Kong Lighting Fair2015-04-10

The 7th HKTDC Hong Kong International Lighting Fair (Spring Edition) (6-9 April) drew nearly 1,250 exhibitors from 12 countries and regions, a new exhibitor record for the fair. More than 19,000 buyers from 112 countries and regions attended n the four-day exhibition, up five per cent over last year, reflecting positive industry sentiment.
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UFI launches Asian Golf Cup for CEOs in exhibition industry 2015-04-09

UFI, a global convention and exhibition association, has launched a UFI Asian Golf Friendship Cup. Held on 14-16 March, 2015, the tournament targeted at CEOs and industry veterans across Asia and allowed all of them to get together. The UFI Open Seminar followed right after it.
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Toys ‘R’ Us targets to open more new stores in Ireland2015-04-09

Toys ‘R’ Us, which has more than 1,500 stores across 33 countries, is looking at sites in Dublin and other parts of the country in anticipation of six new branches in the near future.
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Target extends product return policy to one year 2015-04-08

Target Corp. announced recently that an enhanced return policy would cover all of the retailer’s 32 owned and exclusive brands, which extends the return period to one year from the date of purchase. Furthermore, the retailer rolled out a one-year return guarantee for customers using Target’s baby, college or wedding Gift Registry.
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Tesco rolls out first-ever bouncy aisles 2015-04-02

Tesco, a UK-based corporation operating a well-developed network of supermarkets, sets to bring all the shoppers to a whole new fun level. It is rolling out a trampoline-inspired bouncy aisles, helping the customers to get what are atop the shelves easily.
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IKEA's Emeryville store sets to tap bio-fuel energy2015-04-01

IKEA, the renowned home furnishing retailer, announced lately that it is going to install a fuel cell system manufactured by Bloom Energy in Emeryville, CA.
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HKTDC Spring Lighting Fair gathers 1,200 exhibitors2015-04-01

The Spring edition of HKTDC Lighting Fair will take place on 6-9 April, 2015 in Hong Kong with record number of exhibitors.
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Hong Kong International Lighting Fair Opens Next Monday2015-04-01

A trio of technology-focused trade fairs will bring the latest innovations in the electronics and lighting industries to Hong Kong this April, starting with the HKTDC Hong Kong International Lighting Fair (Spring Edition) which opens next Monday.
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LG's AKA smartphone global roll-out kicks off2015-03-31

LG's AKA smartphones, targeted at young consumers, have been ready to go on sale outside South Korea. The quirky phone has proved to be a huge hit among Korean consumers amid strong sales and positive customer feedback for its originality and sense of humor. Its global roll-out started in mid March with Hong Kong and followed by China, Singapore and Turkey.

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PUMA in new partnership with FIGC2015-03-31

PUMA, an internationally renowned corporation offering a host of sports items, announced in March that it would partner with The Italian Football Federation (FIGC). In this agreement, PUMA has extended and enhanced its marketing rights and retain the exclusive Master License to manage FIGC assets’ global licensing portfolio. PUMA will continue to be the official supplier to support all associated FIGC teams.
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LEGO partners with UNICEF to help children’s development2015-03-30

The global partnerships among the LEGO Group, the LEGO Foundation and UNICEF are set to provide increasing opportunities for children to learn and grow. The celebration of the partnerships took place in New York recently.
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Clothing sales at M&S records improved results2015-03-30

British retailer Marks and Spencer (M&S) is anticipated to report an improvement in sales of its general merchandise section as the retailer recovers from its recent ware­housing debacle and thanks to fewer clothes being left on the shelves. The milestone would be a massive relief for Marc Bolland, CEO since 2010, who has spent billions desperately attempting to revitalise the retailer’s ailing clothing and homeware sales with no results.
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Walmart Foundation to offer US$1 million grant to help local veterans2015-03-26

The Wal-Mart Foundation announced in February that it would offer US$1 billion grant to the Institute for Veterans and Military Families at Syracuse University (IVMF), helping to launch a three-year pilot program on identifying the non-profit, public and private sectors to work together and serve local veterans.
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Nike profit surpasses estimates despite strong U.S. dollar2015-03-23

Nike Inc. reported better-than-expected earnings for its fiscal third quarter. The footwear giant said its sales, which rose 7 percent this quarter, would have improved by 13 percent were it not for the currency translation impact.
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H&M ranked 2015 world’s most ethical company2015-03-23

Committed to leading ethical standards and practices in the fashion and apparel industry, H&M ensures long-term values are delivered to important parties such as employees, suppliers, customers, investors and regulators. It has been recognized as one of the 2015 world’s most ethical companies.
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Columbia runs first-ever New York’s branded store2015-03-16

Columbia, a world-renowned manufacturer and supplier of apparel and sportswear, announced lately that it has set up its first branded store in New York. It is located in the city’s Meatpacking District, offering a wide array of Columbia’s cutting-edge outerwear, footwear and apparel.
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Nintendo's 3DS tops Xbox One and PS4 for February sales2015-03-16

Nintendo's 3DS platform outsold Xbox One and PlayStation 4 throughout February in the U.S. thanks to the one-two-three punch of New Nintendo 3DS XL, The Legend of Zelda: Majora’s Mask 3D, and Monster Hunter 4 Ultimate.
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HKTDC Jewellery & Gem Fairs conclude with record attendance2015-03-13

The world’s largest jewellery marketplace, formed by the Hong Kong International Diamond, Gem & Pearl Show and the Hong Kong International Jewellery Show, recently concluded with record attendance. Under the “Two Shows, Two Venues” arrangement for a second successive year, the two concurrent shows welcomed over 76,000 buyers from 140 countries and regions, up 2 per cent over last year.
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Cree’s new LED technology boasts up to 60% cost saving2015-03-11

Cree Incorporation, a world-famous lighting company providing an extensive range of lighting items, has introduced a new technology called chip-on board LEDs to its leading CXA LED family. The new breakthrough with new CXA2 LED arrays delivers up to 33 percent higher efficacy than the previous models.
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Apple outperforms Samsung in global smartphone sales2015-03-10

Strong interest in the iPhone 6 and iPhone 6 Plus helped Apple sell more smartphones than Samsung in the fourth quarter of 2014, regaining its quarterly crown for first time since 2011, as Samsung faces competition at both the premium and low-end smartphone market.
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Home Depot’s quarterly profit rockets 36%2015-02-27

Home Depot Inc, the world's No.1 home improvement chain, reported a 36 percent rise in 2014 fourth-quarter profit on a big positive note. The retail giant also authorised the repurchase of US$18 billion of its own shares.


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HKTDC's April twin fairs to showcase a complete set of houseware & home textiles 2015-02-26

The sixth edition of HKTDC HK International Home Textiles and Furnishing Fair will be held between 20 April and 23 April, 2015 at the Hong Kong Convention and Exhibition Centre (HKCEC), in conjunction with the long established Hong Kong Houseware Fair. At the twin-fair event, a wide range of household and textile items are to be showcased for global buyers’ easy and one-stop sourcing.
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RIMOWA contributes new luggage revenues to charity2015-02-24

BOSSA NOVA, one of the luxury luggage ranges from RIMOWA, grabs attention of mass travelers not only because of its striking design, but also its charity elements. The German-based corporation specialising in the supply of delicately designed luggage is to donate a proportion of sales proceeds to Saúde e Alegria, a not-for-profit organization that promotes socio-environmental development in over 150 Amazon communities.
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2015 NY Toy Fair wows buyers and exhibitors2015-02-25

The 112th North American International Toy Fair, which took place February 14-17, 2015 at the Jacob K. Javits Convention Center in New York City opened its doors to nearly 25,000 global play professionals. Owned and operated by the U.S. Toy Industry Association (TIA) in partnership with the Canadian Toy Association (CTA), the American Toy Fair 2015 grew in size and scope, boasting a record-breaking 421,300 net square feet of exhibit space filled with hundreds of thousands of brand-new, skill-building and cutting-edge toys and games. The show is the largest toy marketplaces in the Western Hemisphere.
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Asia Apparel Expo Returns to Berlin on Feb. 152015-02-13

The Asia Apparel expo will open its fourth edition of show at Berlin, from February 15 to 17, 2015. The apparel trade show will again offer an exceptional platform exclusively for Asian clothing manufacturers and fabric suppliers to connect with European brands.
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INTERGIFT kicks start the 2015 European Sourcing Circuit2015-02-13

INTERGIFT, an international gift and home decoration exhibition in Spain and Portugal, is an annual trade fair showcasing a wide array of textiles, wallpaper, carpeting, together with upholstery. Held on 14-18 January, the show has received great response among the professional buyers coming from different parts of the world.
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Gap reports good holiday sales results2015-02-13

Gap Inc. posted preliminary fourth-quarter earnings that topped analysts’ estimates while Aeropostale Inc. and Urban Outfitters Inc. also reported better-than-expected results from the holiday period.
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PUMA continues collaboration with Ghana Football Association 2015-02-10

PUMA, a world-famous sports clothes and gears supplier, has announced its extension of partnership with the Ghana Football Association (GFA). With immediate effect, the new contract is about PUMA continuing to be the technical supplier and official partner of GFA.
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HKTDC Jewellery Show to Dazzle in Early March2015-02-09

Thanks to strong demand for exhibition space, the HKTDC's annual March Hong Kong International Jewellery Show was transformed into two spectacular shows in separate venues for the first time last year, a formula that proved a great success. The “two shows, two venues” arrangement continues this year with a record of over 4,000 exhibitors from 53 countries and regions expected to participate in the two events.
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Tesco rolls out newly launched Google Glass Shopping App 2015-02-09

Tesco, the UK-based internationally renowned chain store, has become the first UK retailer to launch a newly developed shopping app for users of Google Glass. Let's see how this works to offer big convenience for the customers.
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B&Q' s new go-green product wins waste recycling awards2015-02-06

B&Q, a UK-based corporation specializing in providing its customers with a wide array of household items, has announced recently that it would replace all the polystyrene trays associated with its bedding plants range with an innovative concept. The breakthrough, as revealed by B&Q to the media, is related to easyGrow™ with Teabag Technology™, letting its products to be 95-99% free from peat.
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Esprit furthers its go-green committment2015-02-03

Esprit has long been supporting eco-friendliness during its production process. The company has pledged and worked with its supply partners to follow the trend of detox and avoid potentially hazardous chemicals in its production since 2012. It is committed to keeping its big stride on the green path.
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Adidas recognised as top employer in China & Germany 14 / 152015-02-02

Adidas, a German-based company specialising in supplying global markets with sports clothes and accessories, has been recognized as an employer of choice in Germany and China. The company continues to maintain its top ranking in the “Apparel, Footwear and Sports Equipment” employer category.
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China’s juvenile industry remains lucrative, says CBME report2015-02-02

CBME China, one of the world's largest sourcing event for children, baby and maternity products, released its latest report on China's children, baby and maternity products industry, revealing a positive market outlook in 2015. More than 3,800 valid responses were received from 1,330 brand owners, 1,294 distributors and 1,184 retailers across China.
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HKCEC recognized as Asia’s best venue for the 12th consecutive year2015-01-30

The Hong Kong Convention & Exhibition Centre (HKCEC) has been voted “Asia’s Best Convention and Exhibition Centre” for 12 years consecutively by the wide scope of readers of CEI Asia, which is the regional premier magazine for the MICE and business convention and meeting industries. What is more, HKCEC has obtained Level One certification of the American Society for Testing and Materials (ASTM) in recognition of its high sustainability.
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H&M reports profit surge and unveils plans for 400 new stores2015-01-30

Hennes & Mauritz AB, more commonly known as H&M, has recently announced plans to open 400 new stores in 2015, a move that comes after the Swedish apparel retailer reported sales surge as a result of well-received response to its brand collections as well as a strong expansion in stores and online last year.
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Sa Sa announces a drop in Q3 results2015-01-29

Sa Sa International Holdings Ltd., an Asian leading cosmetics product supplier, announced in January its operational updates for the past few months ended 31 December 2014. In spite of the fact that the general sales figures do not look all good, Sa Sa's spokesperson said that the company would adopt right, flexible strategies to cope with the ever changing markets.
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Nuremberg Toy Fair 2015 kicks off with record number of exhibitors2015-01-29

From Jan 28 to Feb 2, 2015, Spielwarenmesse (Nuremberg Toy Fair), the biggest fair for toys, hobbies and leisure in Germany, offers an infinite fount of ideas for all toy retailers and buyers. With a choice of offerings from 2,857 exhibitors, everyone will find something to suit their taste.
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LEGO opens new office in London2015-01-27

LEGO, the multinational brick construction toys icon corporation, has recently set up a new main office at the central part of London. This is a strategic move to strengthen and its extend its global reach to more children with creative play experience.
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UFI’s survey shows signs of positive growth for the 2015 exhibition industry2015-01-26

According to the results of the latest UFI's global barometer survey, most of the global companies surveyed have indicated an increase in their turnover since 2011. Less than one company out of two claimed that there is an increase in annual profits of over 10% in 2014 while 41% of the respondents revealed the economic crisis has been over.



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Nike Women’s Event Series to offer new challenges 2015-01-21

Nike, a world-renowned brand offering a wide range of sports items, has geared up to offer women from around the world a new challenge with its annual Nike Women’s Event Series in 2015.
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New changes in Mattel’s leadership2015-01-20

Mattel, the world-renowned toy manufacturer and retailer giant, announced in early January the changes to its company’s Executive Leadership role. With immediate effect, Mr. Richard Dickson and Mr. Tim Kilpin would assume expanded responsibilities as the company’s President-Chief Brands Officer and President-Chief Commercial Officer respectively. The two key persons are expected to guide Mattel in a new direction in future.
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Cree unveils new LED smart bulb2015-01-19

Cree is entering the smart phone market against competitor Philips, unveiling in mid-January the Connected Cree LED Bulb that can be controlled through smartphone apps. The 60-watt LED bulb sells for just under US$15 while standard LED bulbs sell for around US$10.
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Hong Kong Fashion Week & World Boutique to kick off the 2015 fashion extravaganza 2015-01-16

Asia's biggest fashion events Hong Kong Fashion Week and World Boutique, Hong Kong return in a whirl of glamour and style this January. Slated to take place from January 19 to 22, 2015, the twin fairs, which will highlight latest trends through house fashion shows and catwalk parades, will render a business promotional platform for key industry players from across the world.
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MEGAMAN® to roll out new Dim to Warm LED Lamps2014-12-23

MEGAMAN®, a veteran LED lighting solution provider, has recently announced a new line up of LED products, with the incorporation of a ground-breaking dim to warm features.
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Biggest IKEA store opens in South Korea2014-12-22

IKEA, the iconic Swedish furniture retailer, has opened its largest store in the world in a bid to tap into the South Korean market, offering super-sized single beds and in-store kimchi rice to those in the vicinity of Seoul.
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Cyber Monday online sales jumped 17% to US$2 Billion2014-12-05

E-commerce sales on the Monday after Thanksgiving hit US$2.04 billion, up 17% compared to a year ago, according to analytics firm comScore. Despite deals being stretched out this holiday season, online shoppers set a single-day spending record on Cyber Monday.
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UFI’s 2014 congress to highlight global exhibition trends2014-12-05

UFI organized the 81st Congress in Bogota, Colombia between 29 October and 1 November to gather exhibition industry leaders worldwide. More than 300 delegates attended this annual event, which brought together many professional trade fair organizers, exhibition associations on regional and international levels , venue operators and industry partners .
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iPhone 6 spurs Apple's record sales in UK2014-12-05

Apple has seen a huge surge in sales share across almost all major markets thanks to the launch of the iPhone 6. In major European economies, the US and Australia, Apple's share of sales has risen. This success is particularly evident in Great Britain where Apple now has its highest ever share of sales with 39.5 percent, according to data from Kantar Worldpanel ComTech.
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Las Vegas CES 2015 to uncover latest tech trends and innovations2014-12-04

The International CES is a global consumer electronics and consumer technology tradeshow that takes place every January in Las Vegas, Nevada. To be held through January 6 and 9, the upcoming 2015 CES will feature more than 3,500 exhibitors unveiling the latest consumer tech products across 20 categories.
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King launches new Candy Crush Saga game2014-12-04

King Digital Entertainment PLC, a US listed and world-famous interactive entertainment corporation, has created the Candy Crush Saga, the mobile game which has been overwhelmingly popular among the global mobile phone users. In view of this, the company has rolled out the game’s sister title called Candy Crush Soda Saga. A series of celebrations were thrown in town in November, 2014.
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UBM & Indian Trade Council join hands to launch a new jewellery fair2014-12-04

UBM India, a UBM Asia company, held its debut edition of a jewellery show called the Gujarat Jewellery and Gem Fair 2014 (GJGF) in collaboration with Gem & Jewellery Trade Council of India (GJTCI) between 21 - 23 November, 2014. The new jewellery fair took place at the Gujarat University Convention and Exhibition Centre, India.


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Walmart to axe 250 staff in China2014-12-03

Wal-Mart reportedly plans to improve efficiency in its China operation by eliminating 250 jobs, and also open nine new stores and a new distribution centre in China by the end of 2014.
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Cree’s new LED bulbs shine brighter & greener2014-12-03

Cree Incorporation, a leading innovator of lighting-class LEDs, LED lighting, and semiconductor products for a wide variety of radio-frequency and power applications, has recently introduced the New Cree® LED Bulbs. The new bulb model boasts the highly cost-saving effects and 25,000-hour lifetime.
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2015 HKTDC Baby Products Fair to feature 460 exhibitors2014-12-03

The 2015 HKTDC Hong Kong Baby Products Fair is set to attract a host of buyers from local and overseas markets. To be held on 12-15 January, 2015, the show will showcase of a wide array of latest baby items.
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Zara's online sales surge 42% to €553m2014-12-02

Zara's owner Inditex reports record internet sales with turnover of €16.7bn, up from €15.9bn last year. Online sales at the Spanish fashion retailer have soared by 42% to a record €553m, even though other fashion chains continue to struggle.
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H&M’s CEO garners Global Fairness Award 20142014-12-02

H&M, the famous chain store for selling a wide range of men and women’s wear, has continued to make use of its reputation and influence to help the people in need. Its CEO Mr. Karl-Johan Persson has been one of the recipients of the Global Fairness Award presentation on 24 November.
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Amazon UK strikes record-breaking sales on Black Friday2014-12-01

Online retail giant Amazon UK made its biggest sale on its record this year, with over 5.5 million goods ordered on Black Friday, a remarkable jump from the 4 million items purchased from the store on Black Friday 2013. This year's figures is equivalent to 64 items sold per second, breaking the retailer's own record of 47 items sold per second on Cyber Monday last year.
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Best Buy sees its profit almost double in third quarter2014-11-28

Cost-cutting and an improved web strategy helped Best Buy almost double its profits in the third quarter 2014, the US’s biggest electronics chain announced in mid November. The earnings report also signaled the big-box retailer was on solid footing heading into the upcoming holiday shopping season.
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Mattel sees less satisfactory Q3 financial results2014-11-25

Mattel Incorporation, a world-renowned toy maker providing a wide array of toy and doll items, announced lately its not-so-good 2014 third quarter financial results. The company reported the net income of US$331.8 million, which is lower than the prior year’s figure of US$422.8 million.
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B&Q to lure customers with special Christmas marketing campaign2014-11-25

B&Q is to start off a new Christmas marketing campaign this year. The UK-based chain store intends to motivate its customers to decorate their home in a bigger, better and more fun way this year. Their stalls are positioned as one-stop shops for a wide array of homeware items.
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Toys “R” Us expands global footprint with 90 new stores2014-11-26

Toys “R” Us Inc. announced its global store growth for 2014 in early November, with the planned opening of approximately 90 new, relocated, and licensed stores in 21 countries and territories worldwide.
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LEGO reports a 15% surge in interim global sales, 20142014-11-27

LEGO, a world-renowned conglomerate specialising in offering a wide array of construction toy items, has announced its 2014 first half financial performance. It has reported a double-digit growth across all the regions in the world market with a turnover of DKK11,504m in the financial period.
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National Retail Federation forecasts surge in upcoming US holiday sales2014-11-27

Americans are expected to spend at the highest rate in three years during what's traditionally the busiest shopping season of the year, according to the nation's largest retail industry trade group.
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Microsoft unviels its first wearable device2014-11-25

After months of rumors, Microsoft has unveiled its first health-focused wearable device called ‘Microsoft Band,’ which will allow users to monitor their fitness and exercise regime, as well as check their texts and emails on the go. Featuring 10 smart sensors, the wrist-worn device can monitor pulse rate, measure calorie burn and track sleep quality.
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Apple supports fight against AIDS2014-11-24

Apple, the Cupertino-based tech-giant, has launched a charity campaign to bolster the fight against AIDS with its customers by donating a slice of its sales from the busy holiday season. During the two-week campaign, proceeds from the sales of 25 apps with exclusive new content will be donated to the cause to fight the disease.
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HKTDC Toys & Games Fair 2015 sets to attract global buyers with clear themed zones2014-11-24

The upcoming 2015 HKTDC Hong Kong Toys & Games Fair will gather about 2,000 exhibitors to showcase their wide spectrum of items on 12-15 January, 2015 at the Hong Kong Convention and Exhibition Centre. 41,000 professional buyers came visit the show in 2014.
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Messe Frankfurt and Guangdong Toy Association join hands to co-host trade fairs in China2014-11-24

Messe Frankfurt has joined forces with the Guangdong Toy Association to co-host the Guangzhou International Toy & Hobby Fair and Guangzhou International Stroller & Baby Product Fair in 2015. The partnership will begin in 2015 with the next edition of the two concurrent fairs, to be held on April 8-10, 2015, at the Poly World Trade Center in Guangzhou.


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India's apparel export registers 17.6% growth2014-11-21

According to the Apparel Export Promotion Council (AEPC), apparel exports from India has registered growth of 17.6 percent in April-September 2014 and reached USD 8.3 billion, amid rising costs in China and non-compliance issues in Bangladesh.
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Bosch & Siemens taps into India's kitchen appliances segment2014-06-09

German home appliances manufacturer Bosch & Siemens has entered the kitchen appliances business by targeting the premium segment of buyers who are willing to spend more for quality products. Such expansion unveils the consumer durable major's vision to further strengthen its presence and offerings in the Indian market which shows tremendous potential for the home appliances segment.
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2014 HKTDC Spring/Summer Fashion Week to unveil sparkling apparel2014-06-09

Getting ready for presenting a wide range of fashion and apparel items, the Hong Kong Trade Development Council(HKTDC) is going to stage the 21st edition of Hong Kong Fashion Week for Spring / Summer at the Hong Kong Convention and Exhibition Centre from 7th July to 10th July, 2014. Buyers from around the world should not miss the opportunity of meeting with design talents, getting updated market intelligence and getting connected with fashion industry players.
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Lego ranked no. 9 in global reputation survey2014-06-04

The Lego Incorporation has been ranked number nine in the well-recognized 2014 Reputation Survey conducted by Reputation Institute. The survey identifies and recognizes companies that have gained popularity among various interested parties, especially global consumers. In 2013, Lego held a position as number ten in the same survey.
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DoSomething.org teams H & M to launch clothing recycling campaign2014-06-03

Teaming up with DoSomething.org and Olivia Wilde of Conscious Commerce, Swedish fashion retailer H & M recently launched “Comeback Clothes”, a campaign that encourages young people to give their old and worn-out clothing a new life through recycling for a sustainable yet fashionable lifestyle.
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Nintendo's revenue hit by sluggish Wii U sales 2014-05-12

Nintendo has warned of a red sales forecast in 2014 due to the low demand for its most up-to-date console called Wii U. The gaming industry giant has reported a net deficit of 23.2 billion yen, a big contrast when compared with its 7.1 billion yen profit last year.
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Mattel continues to fly high after acquiring MEGA Brands 2014-05-08

Mattel, the leading global manufacturer of toys, announced that it has completed acquisition of MEGA Brands with around US$460 million. Ranked second in the US$4-billion construction building sets category with its MEGA BLOKS® , MEGA Brands is a famous Montreal-based toy brand with specialty in toy production.
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Tesco to roll out its first own-brand smartphone2014-05-08

Riding on the success of the Hudl tablet debut, British supermarket giant Tesco is planning to roll out its first own-brand smartphone by the end of this year in a bid to cash in on key consumer trends such as mobile shopping.
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Amazon’s new 3D smartphone to come out this June2014-04-28

Online retail giant Amazon will be entering into the smartphone market to directly compete with Samsung, Apple and others, by releasing its own smartphone with 3D capability in late June this year. According to the Wall Street Journal, the smartphone will feature four front-facing cameras that can track the user's retina to display 3D images without the need for special glasses, similar to a hologram.
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HKTDC Gifts & Premium Fair unveils latest market trend2014-04-28

The HKTDC Hong Kong Gifts & Premium Fair, taking place at the Hong Kong Convention and Exhibition Centre, kicked off on 27 April 2014 and continues through 30 April. The show has attracted more than 4,100 exhibitors from 36 countries and regions to present a huge array of innovative gift and premium ideas.
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Facebook to increase investment on mobile advertising2014-04-28

Facebook, the world-renowned social networking giant, has reported profits of US$642 million in the first quarter of 2014. Such a profit well surpassed the technological analysts’ expectations. To ride on its success, Facebook gears up to invest more on mobile advertising.
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Apple reports robust Q1 sales in 20142014-04-24

Apple Incorporation, a leading global tech giant in the production of smart phones and hi-tech gadgets, reported profits of US$10.2 billion after its sales of 43.7 million units of new iPhone in the first three months of 2014.
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MEGAMAN® celebrates 20-year anniversary with more product innovations2014-04-24

MEGAMAN® is celebrating its 20-year anniversary in 2014. The company has been an experienced supplier of innovative LED and Compact Fluorescent Lamps (CFL) for two decades. It is also a key supplier of many energy-efficient lighting solutions.
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Home Depot reports changes in senior stewardship 2014-03-26

The Home Depot®, the world’s largest home improvement retailer, announced recently that Mr. Craig Menear was named President - US Retail with immediate effect. The corporation also promoted Mr. Mark Holifield as Executive Vice President - Supply Chain & Product Development. The industry veterans are expected to drive higher sales growth for the homewares retail giant.
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HKTDC Hong Kong Electronics Fair (Spring Edition) to showcase over 3,200 exhibitors2014-03-26

The latest electronics and technology trends are going to be unveiled in Asia’s largest spring electronics fair, the HKTDC's Hong Kong Electronics Fair (Spring Edition) and the HKTDC International ICT Expo in April this year. Over 3,250 exhibitors will showcase their hottest electronics products, as well as their cutting-edge information and communications technology services, to trade buyers and potential business partners worldwide.
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Google Glass to collaborate with Ray-Ban & Oakley for smarter design2014-03-26

Google, the well-known multinational corporation specializing in providing high quality internet-related services and products, is gearing up to team up with Ray-Ban and Oakley, the two world-famous sunglasses brands, to provide a new line of Google Glass to make its wearable technology more attractive and stylish.
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Samsung releases new galaxy gear series2014-03-19

Samsung Incorporation, a Korean-based company specializing in the production of hi-tech mobile phones and electronic gadgets, has released its Tizen-based smartwatches, with Gear 2 and Gear Neo included. The developer hopes that its smartwatch series would gain momentum this year.
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VTech to roll out the first smartwatch for kids2014-03-19

VTech, a US-based creator of various electronic learning gadgets and toys for children, unveiled the KidiZoom Smart Watch at the 2014 International Toy Fair in New York City (mid-February). The gadget is said to be the world's first smartwatch for kids.
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Chinese e-commerce giant Alibaba sets for US listing2014-03-17

After months of speculation, Alibaba Group Holding Ltd. kicked off the process for perhaps the largest U.S. initial public offering ever of a Chinese company, which dominates China's e-commerce market, in two years after struggling to persuade Hong Kong regulators to approve its proposed governance structure.
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Rimowa reports robust results with 40% growth in 20132014-03-17

While a number of large enterprises revealed that 2013 was still a challenging year due to some uncertainties in different countries and regions, German brand Rimowa has reported 40 percent sales growth in the same period. With a total revenue reaching an estimated 260 million euros, the company has indeed achieved a first-rate result .
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Candy Crush developer to raise US$533M for enriching its game portfolio2014-03-15

King, the US-based leading mobile game developer, is planning to raise US$533 million through a share sale on the New York Stock Exchange. The company behind the globally renowned Candy Crush Saga looks to sell US$22.2 million shares to be priced from US$21 to $24 per share.
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Mattel reports weak sales due to disappointing holiday season2014-03-14

Mattel, the world’s biggest toy maker, has reported a decrease in its share price by over 9 percent in the pre-market trading in early February 2014. Sales of major toy providers like Barbie and Fisher-Price preschool items also slipped in the fourth financial quarter last year.
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Philips and Ericsson unite for smart street lighting2014-03-14

Royal Philips, the global leader in lighting, and Ericsson have joined force to launch a smart street lighting solution that combines LED lighting with mobile broadband connectivity in a bid to capitalize on rapidly growing city populations and an increasing demand for mobile data traffic and energy-efficient lighting.
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PS4 continues to edge out Xbox One2014-03-14

The PS4 continued to lead the Xbox One in the US console sales thorough February, with the Xbox One selling 90 percent of what the PS4 did, consumer research group NPD reported. Meanwhile the impressive overall sales of the consoles sector also bolstered video game revenue in February, bringing an encouraging turnaround to the entire gaming industry.
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Ikea teams up with UNHCR to brighten lives of refugees2014-03-14

The Ikea Foundation is going to partner with the UN refugee agency called UNHCR for an initiative to cheer up the lives of the underprivileged in refugee camps. The new campaign held between 3 February and 29 March, 2014 is about the global IKEA stores donating one euro to UNHCR for every Ikea branded light bulb sold.
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Manchester United to sign record US$1 billion licensing deal with Nike2014-03-13

England Premier League football team Manchester United has extended their tie with American sportswear manufacturer Nike, and the new deal is said to be worth more than a staggering £600 million (US$1 billion), a world record for a kit deal.
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111th American International Toy Fair kicked off in New York2014-02-18

Organised by the Toy Industry Association (TIA), the 111th American International Toy Fair, the largest toy marketplace ever held in the Western Hemisphere, runs from 16 to 19 Feb 2014 in Manhattan of New York City. More than 30,000 toys and plaything professionals from 100 countries are expected to visit the Toy Fair 2014 to explore a record-breaking 412,000 net square feet of exhibit space at the Jacob K. Javits Convention Center.
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Wal-Mart to open new store in Texas to extend care to community2014-02-18

A new Wal-Mart will open to the public on 19 February right after a brief ribbon-cutting ceremony at 7am. The new store is conveniently located at 11923 U.S. Highway 290 E. of Texas and to be open 24 hours a day throughout the whole week. This new Wal-Mart will provide Manor residents in the local district with a one-stop shopping convenience for all their general merchandise as well as grocery needs.
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China smartphone sales dip in Q42014-02-18

China’s total smartphone sales in the fourth quarter of 2013 dropped 4 percent from the third quarter, a signal that the already fiercely competitive market may get tougher for both the domestic companies and foreign smartphone makers like Apple Inc. and Samsung Electronics Co., Ltd.
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LED and green products set to sparkle in HKTDC April Lighting Fair2014-02-18

Riding on the robust results of the 2013 Hong Kong International Lighting Fair (Spring Edition), the Hong Kong Trade Development Council (HKTDC)'s 6th edition of spring session will take place at the Hong Kong Convention and Exhibition Centre from 6-9 April, 2014. More than 1,000 exhibitors from more than 12 countries and regions will show up their latest offers.
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Thousands of Tesco customers’ login credentials leaked online2014-02-17

More than 2,000 Tesco customers’ login details, including passwords, were posted online by hackers on the Valentine’s Day, forcing the retailer to deactivate thousands of affected online shopping accounts.
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Marks and Spencer reports continual sales drop in clothing and homewares2014-02-17

Marks and Spencer (M&S) has reported another sluggish sales of the beleaguered clothing and houseware items under the general merchandise (GM) division in the Christmas holiday season of 2013.
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Dubai International Jewellery Trade to debut in April 20142014-02-17

Inspired by the success of the recent 18th edition of the Dubai International Jewellery Week 2013 at the Dubai World Trade Centre, Dubai World Trade Centre will launch a new event, the Dubai International Jewellery Trade, in April 2014 targeted directly at the global gem and jewellery industry.
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Apple takes the lead in cracking down on use of conflict minerals2014-02-17

Apple has reported that it will allow the information of some of its suppliers sourcing minerals from conflict zones to go public. These minerals are those mined in areas of fighting or human rights abuses. Democratic Republic of Congo is an example.
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Adidas to unveil Russian 2014 World Cup Away Kit2014-02-14

Adidas, a world-renowned sports items supplier, is about to present the official away kit of the Russian national football team, in which the players would perform during the upcoming World Cup 2014 in Brazil. Several special features come with this newly introduced uniform.
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Swatch sees 20% profit jump in 2013 and predicts strong year ahead2014-02-13

Swatch Group, the world's biggest watch company, has reported a better-than-expected 20% jump in annual profits and forecast further healthy growth driven by China for the coming year, giving a boost to the broader luxury industry which is reliant on sales in Asia.
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Tech giants pledge US$750 million to support Obama’s school broadband program2014-02-12

Tech giants from Apple to Autodesk and three of the nationwide mobile operators are contributing hardware, software and services to support a US government's initiative to give almost all U.S. students access to broadband and wireless services.
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Puma in new collaboration with Arsenal from July 20142014-02-13

Puma has announced a long-term partnership with England's Arsenal Football Club with effect from 1st July 2014. Puma is to be the official kit partner of Arsenal. Apart from producing the playing and training kits for all Arsenal teams, the sports items giant has already acquired a number of licensing rights to develop related Arsenal branded merchandise globally.
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H&M collaborates with WaterAid for supply of clean water in school2014-02-13

H&M is to contribute US$9.3 million from its Conscious Foundation to improve the education, health, as well as future prospects of poor students through a series of work by WaterAid and its local partners. The large sum of money would help deliver clean and safe water, sanitation, as well as hygiene education programs in schools.
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Sony considers sale of ailing Vaio business as PC market shrinks2014-02-06

Sony Corp. is taking a bold step to revive its fortunes, with talks to sell its ailing Vaio personal-computer business to a Japanese private-equity fund as part of the electronics giant's wider restructuring, according to reports in Japan.
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Samsung's new phone to roll out with special security features2014-02-06

The Galaxy S5 is said to be launched as one of the new products of Samsung Incorporation at Mobile World Congress in late February. The large-scale event will take place in Barcelona, Spain.
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LeapFrog’s tablets top Children’s Tablet Brands in 20132014-02-05

Revealed by The NPD Group, the LeapPad™ line of learning tablets from LeapFrog Incorporation has been ranked number 1 among all the many children’s tablet brands in 2013. It is expected that the corporation would ride on the success this year.
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Megaman joins hands with WWF to roll out co-branded LED light bulbs2014-02-05

Megaman, a lighting professional of LEDs for lighting in retail, restaurants, hotels and galleries, has cooperated with World Wild Fund (WWF) Hong Kong to launch a co-branded 9.5W LED Classic Bulbs. The company strives to support WWF’s continuous efforts in conservation and education to the public to switch to low-carbon light bulbs.
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Lenovo to streamline production supply chains after acquiring Motorola2014-02-04

Right after the acquisition of Motorola, Lenovo has started carrying out a series of reform for its manufacturing supply chain to make its phones stand out from the crowd among rivals such as Samsung Electronics and Apple.


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Nintendo in need of an integrated platform for next-gen consoles and handhelds2014-02-04

Future Nintendo consoles and handhelds may be designed with an integrated, shared development platform and operating system akin to iOS or Android, after forecasting a disappointing 25 billion-yen (US$240 million) annual loss due to tepid demand for the Wii U.

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Glasgow first to switch to LED street lights with green loan2014-02-05

Glasgow City Council has become the first local authority in the UK to sign up for a new green loan from the Edinburgh-based Green Investment Bank (GIB) to finance the switch to energy efficient LED street lighting, after beating off stiff competition from 30 other UK cities in January this year.
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Xbox and PS4 to gear up promotions for 20142014-01-25

Microsoft and Sony have geared up for continuous promotions of their consoles. Microsoft told the media that its 3.9 million units of consoles were all sold by 31 December 2013 while Sony boasted its 4.2 million systems sold during the Christmas holiday season. The two companies will continue their sales and promotion efforts in 2014.
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Cree’s second-quarter LED profit surpasses market expectations2014-01-25

LED manufacturer Cree Inc reported a better-than-expected second-quarter profit with both earnings and revenue in ahead of analysts' estimates, driven by high sales in its LED lighting product business.
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Nokia sales tumble ahead of Microsoft takeover2014-01-24

Nokia delivered a string of disappointments in its fourth-quarter and full-year earnings lately, which see a drop in Lumia smartphone sales for the period and a corresponding drop in total net income. The figures could signal more challenges ahead for the Windows Phone platform.
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Vtech kicks off 2014 with new promotions and new product functions2014-01-24

Vtech, the world leader in the production of age-appropriate electronic learning products for kids, is gearing up for the upcoming new web-based promotions. It plans to ride on its success in the holiday seasons in late 2013. In addition, the functions of its tablets have been strengthened with a number of new apps.
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LEGO celebrates The Simpsons’ 25th anniversary with new roll-out2014-01-24

The LEGO announced in early January, 2014 that it will kick off a new partnership with Twentieth Century Fox Consumer Products in order to produce a brand-new construction set and licensed LEGO minifigures. Such a collaboration was inspired by the representing cartoons called The Simpsons.
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Phillips' flat LED light bulb goes on sale2014-01-24

Philips the lighting giant is introducing a budget-friendly LED light bulb that happens to be as flat as a pancake. With its lower price and attractive design, the SlimStyle LED bulb is going to make a big hit in the market.
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Ikea unveils aggressive plans for Germany2014-01-23

Swedish furniture giant IKEA has announced its ambitious plans to double its market share in Germany in the next decade, thanks to new stores and surging online sales.
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Sasa to open new store in Zhongshan, China2014-01-23

SaSa International Holdings Limited (SaSa), an Asia’s leading cosmetics retailing company, would set up a new store in Zhongshan, China in late January, 2014 to expand its sales network in the burgeoning China market. Its plan of expanding in Southern China and Pearl River Delta would enable the company to achieve steady development in the market.
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Biodegradable sugar batteries in the pipeline2014-01-23

The research conducted at Virginia Tech has resulted in a breakthrough in harnessing the energy that is stored in natural sugars, with the team of scientists claiming that their sugar-based battery with unmatched energy density could replace conventional batteries with ones that are cheaper, refillable, and biodegradable, offering a much more environmentally sustainable future for powering gadgets.
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Nintendo lowers its sales forecast with profits warning2014-01-21

Nintendo reported that it would expect an operating loss of US$335 million for the financial year ending 31 March 2014. In 2013, it made the initial forecast of an operating profit of US$100 billion for the same period. Right after the latest forecast, it promoted an 18% decrease in shares.
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China lifts game console ban after more than a decade2014-01-17

According to a Reuters report, China has recently lifted an almost 13-year ban on the sale of video game consoles in the country, heralding in a vast market of US$14 billion for game console developers such as Sony, Microsoft and Nintendo. Ubisoft Entertainment (UBI), Electronic Arts Inc. (EA)’s smaller French competitor, rose to the highest in almost three months whilst Nintendo shares climbed to a two and a half-year high after announcement of the temporary suspension.
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Target’s data stolen with 70 million customers affected worldwide2014-01-13

Target reported that approximately 70 million of its customers had their payment card and personal data stolen from its databases in November and December, 2013. It is reported that the cyber theft involved the stealing of names, credit card numbers, postal addresses, phone numbers, as well as e-mail addresses.
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Li & Fung gears up new business unit to ensure factory safety 2014-01-09

The global sourcing giant Li & Fung Ltd. announced in early January, 2014 it would set up a new business unit to increase its vendors’ attention on factory and worker safety following several tragedies in the garment industry in 2013. Li & Fung’s Chairman Dr. William K. Fung will lead the new unit.
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HKTDC Fashion Week to kick off in mid January 20142014-01-09

1,800 premium exhibitors are going to showcase their fashion and apparel in the HKTDC's Hong Kong Fashion Week for Fall/Winter and HKTDC World Boutique, Hong Kong from 13 to 16 January, 2014.
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John Lewis sees strong Christmas sales2014-01-09

In a sign that Christmas trading has been harder than usual for retailers, the UK high-street bellwether John Lewis reported strong sales over the festive period, thanks to growing popularity of its click-and-collect service, which allows customers to buy online and then pick up in a store.
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Apple to beef up its retail presence in China2014-01-10

After reaching a long-awaited deal with China Mobile at the end of last year, Apple is working to build its stronger retail presence both online and with brick-and-mortar retail stores in China, aiming at further boosting its sales in the world's largest smartphone market.
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Poor Christmas sales for UK high street as consumer habits change2014-01-10

Three of Britain’s biggest retailers, Tesco, Marks & Spencer and Morrisons, emerged as casualties of the key Christmas season, blaming a weak market or extensive promotions for squeezed margins and low-profit forecasts. Shoppers pared spending on almost everything from food to clothing, while turning to purchase online for more convenience and discounts.
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Mattel’s annual Play Program cares for global children in need2014-01-10

The global toys giant Mattel has continued its efforts to contribute to various communities around the world by launching its fourth annual global Mattel 12 Days of Play Program. Such an event is one of the initiatives of the Mattel Children’s Foundation long established in 1978.
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BlackBerry sues Typo over mobile keyboard design2014-01-06

BlackBerry Ltd., the Canada-based mobile phone manufacturer, sued Typo Products Limited with the allegation against the latter copying designs for its mobile keyboard case. BlackBerry is seeking a court order to block Typo’s intellectual property infringement.
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Samsung tablet sales reach 40 million units in 20132014-01-03

Samsung has published its tablet sales report for the year which reveals that it sold a whopping 40 million tablets in the year. Although the Android tablet market isn't as mature as the smartphone market yet, Samsung has already been looking to step up its game in 2014.
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HKTDC Toys, Baby Products and Stationery fairs kick off in early January 20142014-01-03

Tapping into the upcoming business opportunity in the new sourcing cycle in 2014, three renowned trade fairs organised by HKTDC are going to kick off at the Hong Kong Convention and Exhibition Centre. Over 2,600 exhibitors are ready to showcase their products from 6th January to 9 January 2014.
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GES partners with UFI to be a Diamond Sponsor2014-01-03

UFI, the global association of the exhibition industry, has kicked off its 80th Congress in Seoul recently. In the event, the spokesperson announced Global Experience Specialists (GES), which is the UK's leading name in events and exhibitions, would become a UFI Diamond Sponsor for a year.
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Hewlett-Packard to axe 34,000 staff due to falling PC sales2014-01-03

Facing dwindling PC sales and fierce competition, IT giant Hewlett-Packard (HP) expects to cut 5,000 additional jobs through 2014, bringing total job loss from restructuring announced in 2012 to 34,000 employees.
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Android holds 82% of global market share on new smartphones, says Gartner 2014-01-02

Research firm Gartner's Q3 2013 report unveiled that 455.6 million mobile phones were sold, out of which 55% are smartphones. Android holds 81.9% shares while Samsung again becomes the leader in worldwide smartphone sales with 32.1% shares. Apple just holds 12.1% shares.
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Adidas continues its partnership with FIFA to roll out Brazuca football2014-01-02

Adidas has unveiled its latest plan to roll out Brazuca, the official 2014 FIFA World Cup Brazil™ match ball. The ball to be used officially by the many world-famous players on the green pitch for the gorgeous world event would be tested stringently so as to ensure its strong product attributes.
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Google Chromebook sales surge as Apple and Google struggle2013-12-31

According to a report from research firm NPD Group, Google's low-cost Chromebooks are making quite a strong foothold in the laptop market lately, thanks largely to growth in the education sector.
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VTech partners with Sesame characters to colour children’s life 2013-12-31

VTech Electronics North American announced lately that it would enhance its partnership with non-profit-making Sesame Workshop to launch the upcoming 16 new downloadable videos for its InnoTab range. The newly designed tablet series by VTech have won several awards thanks to its innovative design.
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UK customers swamp the shops on Boxing Day for large discounts2013-12-27

Right after Christmas, the UK people still found the appeal of shopping on the Boxing Day. Despite increasing competition from online sales, high street retailers still benefited a lot from hordes of customers lining up for substantially discounted merchandise or products on the 26 December.
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Las Vagas Winter Market to spillover with many more new exhibitors 2013-12-27

Las Vegas Market, a famous trade fair organised by World Market Centre, would start off its winter market from 26th January to 30th January 2014. It was announced that this expo has about 90 newly-joined exhibitors to showcase their new products in the 105,000-square-foot temporary space in Buildings B and C of the expo venue, signifying how popular it is.
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Cambodia's garment exports surge despite massive worker strikes2013-12-27

Cambodia's garment industry, the country's largest income maker, registered a sharp 22 percent growth in exports in the first 11 months of 2013, according to the Ministry of Commerce statistics. However, months of nationwide garment worker strikes might have caused trouble to the sector, which accounts for about 80 percent of the country’s total exports, in long run.
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LG smartwatch and fitness wristband slated for launch in early 20142013-12-27

After the launch of its revolutionised bendable smartphone G-Flex, LG is rumoured to tap into the wearable technology market with two branded wearable gadgets of its own at Las Vegas CES 2014. Despite the smart watch market isn't expected to be doing well this holiday season, 2014 could still spark a revolution in the wearable technology.
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Apple joins hands with China Mobile for expanding market shares2013-12-24

Apple’s shares have surged by 3 percent after signing a deal to supply its iPhone to China Mobile prior to Christmas. Apple has longed for expanding its market shares in China. It is assumed that the partnership between both parties can give the former a shot in the arm.
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Target offers discount to regain shopper trust after breach of 40 million cards2013-12-24

Target Corp. says about 40 million credit and debit card accounts may be affected by a data breach that occurred just as the holiday shopping season shifted into high gear. The retailing giant has apologised and offered 10 percent discounts over the last shopping weekend before Christmas in a bid to regain consumer confidence.
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Blackberry partners with Foxconn for upcoming 5 years2013-12-23

Blackberry, a once-dominating manufacturer of smartphones, is partnering with well-experienced OEM maker Foxconn. The latter is the largest Taiwan-based manufacturer of electronic gadgets and their components globally. The initial agreement is a five-year deal between the two parties.
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Sa Sa garners four branding awards 2013-12-23

Sa Sa International Holdings, a Hong Kong-based cosmetics retail giant, announced in December that it was awarded with four accolades in the Prestigious Corporate Brand Awards 2013. Such awards are a testament to Sa Sa’s remarkable achievements in brand building and corporate management.
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Amazon.com dishes out far more toys than other retailers2013-12-23

A recent study from Bloomberg Industries measured the online availability of 100 popular toys and found that Amazon was the clear winner, with 95% of them available, compared to only 40% available at Target.

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PS4 sales forecast to reach 5M units by March 20142013-12-20

As customers around the world responded overwhelmingly to the long-awaited gaming consoles, the worldwide sales of PS4 units have reached a new peak. After selling over one million units within the first 24 hours on the first launch day, the brand-new gaming console topped 2.1 million as of 1 December 2013 after two weeks of its introduction in the States and Canada.
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UK Authorities urge not to misuse personal data over app download2013-12-19

While mobile phones have gained increasing importance in the world, it raises lots of concerns on privacy issues. A major concern is about the misuse of information collected through mobile apps. The Information Commissioner’s Office (ICO) of the UK recently stressed in its new guidance that app developers should refrain themselves from misusing customers’ data anymore.
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Datawind to introduce low-priced tablets2013-12-18

Buying a tablet in less than US$40 is possible. Datawind, a London-based tech firm, sets to offer three different models of Ubislate tablets in early 2014. These gadgets mainly target at those who stay away from tablets due to high price.
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New Google Glass can take snapshot with a blink2013-12-18

Google Glass, a pair of special glasses functioning as a wearable computer and working well with natural language voice commands, has a new, shiny selling point. Users of this pair of glasses can snap a shot by simply having a “wink of the eye”. The new product feature is destined to help boost the sales of this sophisticated gadget.
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Lego joins hands with WWF to reduce carbon emission2013-12-17

Lego, a Denmark-based production giant of toy building brick, cooperates with The World Wide Fund for Nature (WWF) to reduce the negative ramification to the environment caused by the company and its suppliers’ production processes. Lego has lately signed a partnership with the eco-protection pioneer so as to deepen their work and initiative to walk on the green path.
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Carrefour in deal to buy 127 shopping malls across Europe2013-12-17

Carrefour, the French retailing giant, announced lately that it will be teaming up with a group of institutional investors in a deal worth 2 billion euros, or US$2.7 billion, to purchase more than a hundred shopping malls from Klépierre in France, Spain and Italy in an attempt to revive its struggling European hypermarkets.
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Apple iWatch to come out next fall2013-12-16

According to a recent report by Chinese analyst C Technology, the Apple’s iWatch with wireless charging capability could debut next October, just in time for the 2014 holiday season. A rumour says that the California tech giant is currently trailing two iWatch prototypes, but hasn't settled on a screen size for the new device.
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Columbia reports steady Q3 2013 results 2013-12-16

Columbia Sportswear Company, a leading innovator and manufacturer of outdoor apparel and footwear, announced its third quarter sales results in different parts of the world atlas. The company reported net sales of US$545 million, which is slightly lower than that of last year. But it said that the current strategies taken by the corporation would make it possible to drive higher gain in the fourth quarter or even the upcoming quarters in 2014.
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Disney's UK Store kicks off a series of caring-for-children charitable campaign2013-12-13

Lately, Disney has launched its Annual Share in the Magic Charity Campaign in the UK and neighbouring regions. This special event was organised at its London’s Oxford Street Store, and was well attended by lots of celebrities together with their family members.
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Indian apparel exporters expand presence at AISF2013-12-13

As many as 30 garment exporters from India participated in the Australia International Sourcing Fair (AISF) held in Melbourne from November-13 to 15. According to A. Sakthivel, Chairman of the Apparel Export Promotion Council, the Indian participation in this Australia’s foremost international sourcing fair has risen six times over the years. The increased number signifies their growing interest and ambition to tap the huge Australian apparel market.
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Lenovo to set up new R&D Centre in Brazil2013-12-11

Lenovo, the largest PC makers in the world and a specialist in the production of mobile devices, has devoted constant efforts in research and development. Lately, it has announced its decision to invest around US$100 million to establish a state-of-the-art Research and Development Centre in São Paulo, Brazil.
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Amazon and eBay spark on Cyber Monday2013-12-11

The recent online Cyber Monday sales surged to an impressive single-day record as more holiday shoppers skipped brick-and-mortar stores for the convenience and bargains offered by Amazon.com, eBay.com and other web-based retailers, making it the most lucrative online shopping day in the U.S. history.
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Tesco reports sales drop in third quarter2013-12-10

Tesco announced that its recent quarterly sales in the UK had dropped by 1.5 percent. The multinational company also reported a decrease in its sales in its overseas businesses as well, especially in Thailand, Ireland, as well as South Korea.
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Apple's iBeacon to offer personalised shopping in its retail stores2013-12-09

Apple Inc. recently kicked off its iBeacon location services technology across its 254 U.S. retail stores to notify shoppers about in-store deals and products. Bluetooth transmitters will monitor shoppers' in-store movement and make recommendations based on location.
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Samsung to patent its transparent two-sided screens2013-12-09

Samsung Incorporation, which is a leading Korean manufacturer of hi-tech mobile phones, is making a prudent move of patenting its transparent and double-sided screens. The transparent feature of Samsung’s phones sets to stand out from the crowd.
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First-ever double-sided smartphone launched by Yota Devices2013-12-06

Yota Devices, a Russian-based mobile device corporation, rolled out the world’s first 4G smartphone that has a very special product feature. Instead of just tapping on a single screen, users can make use of both sides of the newly launched Yotaphone. It would only be available in some European countries for a few months aiming to test the water.
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iPad Air leads tablet sales on Black Friday weekend2013-12-06

According to a report from Boston-based Localytics, aggressive discounting by Apple and other retailers have driven a significant surge in the sales of Apple's latest full-size iPad Air tablet. That volume put the latest iPad Air on the top of the tablet heap, followed by the new iPad Mini in second position with 26 percent more activations than those of the prior weekend.
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Growth of tablet sales will slow to single digit by 2017, says IDC2013-12-05

Tablets have been one of the hottest holiday gift items in recent years, but the incredible growth rate is likely to shrink to single units by 2017 as increasing number of consumers are opting for smartphones with large screens, according to leading market researcher IDC.
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VTech items top holiday toy list2013-12-05

VTech Incorporation, a world-famous toy company specialising in the design and production of age-appropriate electronic learning toys for helping children’s intellectual development, has announced lately that its brand is high on the holiday toy list with twenty industry awards garnered.
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H&M carries out wage reform for textile workers2013-12-02

H&M, a leading global apparel retailer, is gearing up with its strategic suppliers in order to offer all of their textile workers a fair living wage by 2018. In order words, these workers would be paid sufficient amounts of salaries for maintaining their basic needs. H&M intends to take the lead and encourage the whole industry to follow suit.
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Smart watches still have a long way to go, says Gartner2013-11-29

As the competition of the smartphone market has become increasingly fierce, various corporations have made consistent efforts in diversifying their product lines. The introduction of smart watches is a good example. However, unless these watches come with special features, sound market positioning and reasonable prices, they are unlikely to stand out as the desired items on the shoppers’ list in the holiday season, according to Gartner Incorporation, the US-based technological research company.
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Tiffany dazzles investors with its third-quarter profit2013-11-29

Thanks to affluent Chinese buyers and strong yellow diamond sales, Tiffany & Co reported a glittering 50% surge in its third-quarter earnings that surpass analyst estimates with the wealthy more willing to buy. The New York based jewellery retailer also boosted its annual earnings forecast, foreseeing a sparkling holiday season.
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Xbox One launches with bright start 2013-11-27

Microsoft rolled out its new gaming console - Xbox One on 22 November, 2013. There have been a series of launch events in New York, London coupled with Los Angeles in order to promote its latest product available at around 300 game shops, and 100 Tesco stores in the UK to allow game lovers to do the purchase as they wish.
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HK forum to further promote awareness on Intellectual Property2013-11-26

In order to highlight the importance of intellectual property (IP), the Hong Kong Government is going to co-organise the Business of IP Asia Forum with The Hong Kong Trade Development Council (HKTDC) at the Hong Kong Convention and Exhibition Centre from 5 December to 6 December 2013.
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Samsung Galaxy Gear surpasses estimates2013-11-20

Samsung Electronics Co reported that its lately-released Galaxy Gear has become the world's most popular smartwatch with sales reaching 800,000 units since its debut two months ago, defying some market concerns that the accessory would fail due to a lack of compelling features.
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UK retail sales unexpectedly shrink in October2013-11-20

According to the Office for National Statistics, U.K. retail sales, a key driver of the economy, suffered a slump of 0.7% in October, dampening optimism over the country's economic outlook.
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M-commerce and social media to play key roles in US2013-11-20

The US digital measurement and analytics provider comScore Inc. released its Online Retailer Economy Q3 2013 webinar lately. It is shown that online retail sales have gone up by 13 per cent year-on-year in the third quarter while those of mobile commerce (M-c ommerce) have surged at twice that rate, implying an emerging new trend in the US consumer spending habits.
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SaSa announces robust interim results 20132013-11-21

SaSa International Holdings Limited, Asia’s leading cosmetics retailing group, announced its robust interim results in November 2013. It was reported that the corporation’s consolidated turnover made a leap of 15.4 per cent, amounting to HK$3,899.1 million.
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Large-screen smartphones generate more business opportunities2013-11-22

As revealed in a recent research report by the NDP Group, US people using smartphones with wider screens tend to use more data than those tapping on smaller screens. Such a habit of mobile use is due to the fact that phone users are used to spending more time on Internet-connected apps.
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Blockbuster to close 72 stores in the UK 2013-11-21

DVD and games rental firm Blockbuster has announced closure of 72 of its remaining outlets in UK due to keen competition from supermarkets as well as the rise of online rentals. The downsizing will reduce the company's high-street presence to 192 stores, down from 264, yet it could mean opportunity for small business looking to obtain its prime retail space.
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Housing rebound helps boost Home Depot sales2013-11-21

Home improvement giant Home Depot continues to outpace the competition along with an impressive full-year outlook. The ongoing recovery of the U.S. housing market and strong operating performance helps Home Depot top profit and sales estimates for the third quarter, prompting the home improvement giant to raise its fiscal-year forecast for the third time this year.
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HKTDC World Expo to offer SMEs sound business support2013-11-20

The Hong Kong Trade Development Council (HKTDC)'s annual World SME Expo at The Hong Kong Convention and Exhibition Centre, to be held in early December, is aimed at helping local SMEs by presenting them a wide array of business opportunities and solutions on marketing, franchising, together with other trade support services.
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Toys 'R' Us revamps its e-commerce site to bring more social shoppers2013-11-18

Based on the feedback from parents, mega retailer Toys ‘R’ Us has enhanced Its e-commerce sites with new features and easier-to-use navigation, just in time for the holiday shopping season.
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More than one million PS4 sold on first release day 2013-11-18

The sales of PS4 kicked off on 15 November, 2013 in North America with a price tag of US$399. With its brand-new product features, it is possible that this console would become one of the hot-selling items in the upcoming Christmas season.
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Moderate growth predicted for upcoming festive seasons2013-11-19

IBISWorld, which is a US-based market research firm, forecast that it is likely consumers in the US would spend conservatively during the upcoming Thanksgiving as well as holiday season. The researcher made such a prediction based upon the negative effects brought by the federal government shutdown in October, 2013, together with the sluggish US economy.
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Motorola's newly launched Moto G to target developing countries2013-11-15

Motorola a few months ago launched the Moto X, which came with a number of innovative features. In order to continue increasing the market share, the company is going to roll out another new phone series, Moto G. It was revealed to the media that though it has less attractive product attributes than Moto X, its price is set at a reasonable level to target developing countries.
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Macy's reports soaring third-quarter earnings2013-11-15

Macy's Inc. (M), the second-largest U.S. department-store company, posted fiscal third-quarter profit that beat analysts' estimates as better local selections boosted sales, signalling a brilliant holiday outlook.
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Marks & Spencer looks to open 80 stores in India by 20162013-11-14

Marks & Spencer (M&S), Britain's biggest clothing retailer, has unveiled aggressive expansion plans for India, targeting around 80 stores in the market by 2016, as part of its ongoing strategy to become a leading international, multi-channel retailer.
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Walmart ready for the Thanksgiving Rush2013-11-12

As more stores push for the upcoming Thanksgiving shoppers, Walmart Stores Inc., the world's largest retailer, has announced that it will open at 6pm on Thanksgiving, mirroring similar announcements from a number of its competitors.
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Ikea to launch new app for homeware buyers2013-11-13

Ikea, the famous Swedish furniture giant, is launching a brand-new mobile app that can let customers see if the furniture that they like can best fit their homes or not. The app called Ikea’s 2014 catalogue allows shoppers to visualise furniture directly in their homes.
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Adidas reports declining sales in Q3 20132013-11-14

Adidas Incorporation, the world’s second largest maker of a wide variety of sports gear, has lost ground to its larger rival Nike in Europe in the third quarter, 2013. In order to regain the business momentum, the former is eyeing on the upcoming opportunities of 2014 FIFA World Cup in Brazil.
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Vietnam timber export sees strong growth2013-11-13

Vietnam wood exports are likely to reach US$5.5 billion this year, reflecting a growth rate between 10-15 per cent, while Vietnam is now the second largest wood exporter in Asia.
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BH Fashion to introduce PVH apparel brands in Philippines2013-11-13

American clothing company PVH Corp. has inked two new deals with BH Fashion Retailers Inc. to bring the IZOD and Van Heusen-branded apparel and accessories to the Philippines.
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Feizy Rugs partners with GFC to help children in need2013-11-12

Feizy Rugs, which is a US-based rug manufacturer, has partnered with The Global Fund for Children (GFC) to help young kids who are at-risk to improve their standards of living. The corporation would start this charitable campaign in late November, 2013.

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Disney quarterly earnings beat expectations2013-11-11

Walt Disney reported a gain in profit that beats Wall Street expectations, boosted by higher spending by summer visitors to the US theme parks and increased sales of toys and other consumer products.
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GenieConnect to design mobile apps for UFI events2013-11-11

The global association of the exhibition industry UFI announced in late October, 2013 that it had partnered with the UK-based technological company called GenieConnect to develop brand-new mobile apps for a series of upcoming exhibitions worldwide. The latter is well-versed in designing mobile event apps for improving the attendee experience and driving business opportunities.
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LeapFrog announces better-than-expected Q3 earnings2013-11-08

LeapFrog, the educational entertainment giant, has announced its quarterly earnings, and despite a "tough retail climate," in the words of CEO John Barbour, the company still managed to boost its quarterly net sales by 4%.
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H&M Foundation to help improve quality of life2013-11-08

H&M has recently invited its employees and customers worldwide to decide which three important development areas the company’s Conscious Foundation should support in the coming years. They were asked to choose the three key areas by vote.
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Toys “R” Us appoints new leadership2013-11-07

Toys “R”Us has announced that it has hired an industry veteran from its rival Wal-Mart Stores Inc. as the President to run its business, and its current Chief Executive Officer would take up the permanent role after serving the company as an interim CEO for a few months.
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Adobe forecasts record-breaking online shopping season2013-11-07

Adobe, a marketing analytics leader, is predicting that 2013 will be a record year for online sales, with never-before-seen sales on upcoming Thanksgiving, Black Friday and Cyber Monday.
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HK Optical Fair showcases latest eyewear products2013-11-06

Organised by The Hong Kong Trade Development Council (HKTDC) The Hong Kong Optical Manufacturers Association (HKOMA), the 21st Hong Kong Optical Fair is taking place from 6-8 November 2013. 700 exhibitors from 26 countries and regions around the world gather at this annual optical expo held at the convenient venue of The Hong Kong Convention and Exhibition Centre (HKCEC).
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Bangladeshi garment exports soar in Q1 despite industrial disasters2013-10-14

Despite on-going labour unrest and factory safety issues, garment exports from Bangladesh registered a robust growth of 24% this summer, thanks to the sector’s price competitiveness in international markets.
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Lenovo to be included in Hang Seng Corporate Sustainability Index 2013-10-17

Lenovo, the China-based and global largest manufacturer of personal computers, has been selected as a constituent stock of 2013 Hang Seng Corporate Sustainability Index (HSCSI). The index mainly targets at companies in Hong Kong as well as Mainland China. The inclusion of Lenovo in the index means the company’s continuous efforts and involvements in sustainability and social responsibility are recognised.
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HKTDC honoured with UFI award for its outstanding marketing strategies2013-10-12

Hong Kong Trade Development Council (HKTDC), a statutory body as the international marketing arm for Hong Kong-based traders, manufacturers as well as service providers, garnered the UFI award of 2013 “Best Marketing Activity of the Year”. The news was announced by UFI, the Global Association of the Exhibition Industry in early October, 2013.
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Ikea to roll out residential solar panel sale in UK2013-10-10

Ikea Corp., the Swedish housewares giant, revealed plans to sell solar panels to residential customers in the UK, in a bid to tap into a growing market for renewable energy fuelled partly by the UK's solar subsidies.
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Mobile devices and e-platforms to drive sales in holiday seasons 2013-10-10

According to 2013 Holiday Predictions Survey, one in three retailers, with the houseware ones included, believe that the use of marketing strategies on mobile phones and related e-platforms would drive more than 10 percent of holiday revenue for their stores. It is believed that mobile devices that are becoming increasingly important are influencing how and what consumers around the world would buy during various holiday seasons.
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Wal-Mart discontinues partnership with India-based Bharti2013-10-09

Wal-Mart, the world’s biggest retailer of a diverse range of products, announced in early October, 2013 that it would dissolve its joint venture with India’s leading business group Bharti Enterprises. Such a decision ends the market speculations over the two corporations’ partnership in future.
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The Entertainer plots expansion plan2013-10-01

Not content with its soaring sales and rapid expansion in the UK, The Entertainer, the fastest-growing multichannel toy retailer in the UK, embarks on international expansion into the Middle East.
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Li & Fung announces sound 2013 interim result2013-10-04

Li & Fung, a Hong Kong-based multinational consumer goods sourcing, logistics and distribution group, recently announced its interim results of 2013 and achieved a turnover of US$9,129 million. The company revealed that its business is on the right track of returning to the 2011 operating level by the end of 2013.
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American International Toy Fair teams up with Licensing Expo2013-10-01

Advanstar Licensing, organisers of Licensing Expo, and the Toy Industry Association Inc. (TIA), organisers of the American International Toy Fair, will collaborate to cross-promote their respective trade events in 2014.
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US-based Hudson's sales get a boost by E-commerce 2013-09-30

Thanks to the effective strategies adopted in e-commerce coupled with improving same-store sales in the northern border of the US, the well-established department store operator, Hudson’s Bay Company, reported rising sales and earnings in the second quarter of 2013.
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Samsung to roll out curved-display smart phones2013-09-27

Samsung Incorporation, a world-renowned smartphone producer, is going to launch a new line of mobile handsets with curved displays. The sophisticated devices will be equipped with plastic light-emitting diode (OLED) panels.
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HKCEC hosts 115 trade exhibitions in 2012/20132013-09-26

The Hong Kong Convention and Exhibition Centre (HKCEC) continues to dominate in the Asia/Pacific region, with a total of 1,180 events, including 115 exhibitions and 30 conferences held there in the financial year 2012/2013.

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Japan Home Centre to launch public offering2013-09-12

International Housewares Retail, which owns the Japan Home Centre chain of shops that sell low-priced housewares, intends to raise up to HKD607 million (USD78.3 million) through a Hong Kong float despite slowing growth in retail sales.
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Global smartphone sales soared since 2012 Q22013-09-11

Gartner Incorporation, a US-based technology research company, revealed that global smartphone sales to end users have soared by 46.5 percent from the second quarter of 2012. Worldwide smartphone sales have outstripped those of feature phones to end users for the first time.
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Microsoft to purchase Nokia’s Mobile Phone Business2013-09-06

In early September, software giant Microsoft announced its plans to purchase Finland-based Nokia Corp.'s line-up of smartphones and a portfolio of patents and services in a last-ditch attempt to mount a more formidable challenge to market dominators Apple Inc. and Google Inc.
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Samsung to roll out sophisticated smart watch2013-09-09

Samsung, the Korean-based company specialising in the production of various models of smartphones, will roll out a brand-new product known as smart watch in late September, 2013. The gadget is said to be equipped with a colour screen and being able to perform different functions.
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Gamescom 2013 attracts record-breaking attendance2013-08-26

Gamescom 2013, ran from Aug. 21 to Aug. 25 in Cologne, Germany, attracted 340,000 visitors from 88 countries tributed to the nearly-here next-generation consoles.
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US Furniture order rises 9 percent in first half of 20132013-09-04

According to the latest survey conducted by a US-based company called Smith Leonard, the new furniture factory orders in the US rose 9 percent in the first half of 2013 when compared with the prior year’s figure.
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Discovery Furniture to open Furniture Mall of Kansas2013-09-02

Discovery Furniture, a US-based company specialising in the production of various types of houseawares, is set to open its new Furniture Mall of Kansas in early September. It was revealed that many new categories of furniture would be introduced in the new mall.
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Ikea recalls problematic children's beds in UAE2013-08-28

The Swedish-based company, Ikea, which specialises in ready-to-assemble furniture, recalled its Kritter and Sniglar brand junior beds as a precaution to prevent injury in the UAE. The home furnishings chain announced the recall after reports of a metal rod breaking in the above two products in other parts of the world.
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Las Vegas Market to shift expo dates2013-08-26

To better serve the needs of the global retailers, the Las Vegas Market, a world-famous home furnishing and gift expo, is going to shift its schedule to a Sunday through Thursday timeframe. The arrangement would begin in January, 2014.
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LG introduces highest-resolution smartphone screen2013-08-23

LG Corporation, a South Korean-based multinational electronic and electrical appliances conglomerate producing many high-tech gadgets, has introduced its most updated model of smartphones with the highest resolution of smartphone screen in the world.
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Marks & Spencer casts 2013-08-19

High-street retailer Marks & Spencer has recruited an eclectic mix of "British leading ladies" to feature in its new fall clothing advertising campaign for its autumn/winter clothing collection. The high-profile campaign has already earned positive headlines for the British retailer, and is expected to give sales a boost in the UK and Ireland.
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Levin Furniture to go green with solar panels2013-08-22

Levin Furniture, a US-based furniture company, is walking on the green path by making good use of solar energy in its showrooms in Ohio. The corporation would add solar panels to the roof of its showroom, which is the third location with the clean energy generated and used in the retail stalls.
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Home Depot's earnings beat estimates amid housing revival2013-08-20

Home Depot Inc., the largest U.S. home-improvement retailer, surprised investors with soaring second-quarter profit which rose by 17 percent, benefiting from surging home sales and a reviving housing industry. The chain also raised its full-year profit and sales forecasts.
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Adidas to relaunch famous Mutombo series 2013-08-21

To celebrate the 20th anniversary of the Adidas Mutombo, the global giant sports brand is going to reissue the much-anticipated classic style of Mutombo shoes in late August.
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Moto X to allow customisation on smartphones2013-08-20

In early August, 2013, Motorola indicated that it would roll out a brand-new smartphone called “Moto X”. Unlike previous models, this sophisticated gadget lets consumers personalise it with a wide range of colours and materials, allowing it to stand out from its rivals.
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Beats looks to drop HTC in favour of new business partner2013-08-20

Headphone manufacturer Beats is considering to end its partnership with the troubled Taiwanese smartphone maker HTC and bring in a new business partner to fund its strategic expansion in consumer electronics and auto tech.
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Lenovo reports profitable 1st quarter sales2013-08-19

The China-based technology giant, Lenovo, has reported in mid-August 2013 its first quarter growth in revenue with regard to the sales of computers, smartphones coupled with tablets. The conglomerate has also highlighted its increasing domestic market shares in China, which is an emerging market in the sales of the above three types of cutting-edge technological innovations.
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HTC recruits Iron Man to reinvent brand2013-08-14

The faltering Taiwanese smartphone giant HTC has launched a global ad campaign with a commercial featuring U.S. film celebrity Robert Downey Jr., in the hope of re-inventing its brand among consumers.
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B&Q's green initiative in protecting bee habitats2013-08-16

In early August, 2013, Mr. Richard Harrington, who is a famous British politician, visited B&Q Kids Can-Do-It Centre located in the UK to learn how the centre teaches children to save the bee population.
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US MICE industry moves on with green efforts2013-08-15

The MICE industry takes heed of the importance of going green as more exhibition and event organisers in the US look beyond profit making.
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Toys“R”Us to open 100 more stores in 2013, mainly in China2013-08-15

Toys“R”Us Inc., the Wayne-based retail giant, in mid August revealed its desire to open more than 100 stores globally this year, with its most significant expansion plans focused on China.
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Tesco considers China Resources merger2013-08-09

British retailing giant Tesco is planning to end its independence in China by merging its Chinese operations with a state-run company, China Resources Enterprise.
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Summer Las Vegas Market concluded with increased attendance2013-08-12

International Market Centers (IMC), the organiser of the Las Vegas Market, indicated that the addition of 95 new furniture and bedding exhibitors in this year’s summer expo drove a 31% rise in buyer attendance when compared with the number in summer 2012.
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IKEA's new app faciliates virtual preview2013-08-12

Being an aggressive marketing scout, IKEA, the Swedish flat pack furniture giant, has recently released a new augmented reality app which allows customers to visualise IKEA furniture in their home, virtually, before the purchase. Instead of trying to imagine how a new piece of furniture looks in your home, you can now preview through your smartphone screen to see how it would work.
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World Candle Congress breaks attendance record2013-07-18

The World Candle Congress, held in Hollywood, Fla., July 8-11, set a record-breaking attendance. Manufacturers and suppliers from 30 nations and six continents assembled to discuss trends in everything from wax and wicks, scents, technology, safety and more.
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K’Nex teams up with Export Now for China trade2013-08-09

K’Nex Brands, a famous producer of construction toys, has hired Export Now Incorporation to help sell its building sets like Super Mario Brothers, Mario Kart and Angry Bird to China market through various online platforms.
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Strong 3DS performance keeps Nintendo afloat this quarter2013-08-05

Nintendo released its financial results for the 2nd quarter in late July. Nintendo's portable, which sold 225,000 units, outperforms Xbox 360 and PlayStation 3 to become the best-selling game system in the US for the period. Yet, the Wii U is continuing its poor sales on a worldwide basis.
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Wal-Mart may bid for Hong Kong-based supermarket chain2013-08-08

Wal-Mart Stores Incorporation, which is the world's largest retailer selling a wide variety of products ranging from electronics, baby gear as well as giftware, may make a bid for the Hong Kong renowned supermarket chain stores called ParknShop.
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Analyst predicts Xbox One and PS4 shortages at launch 2013-07-23

Gamers should expect shortages of next-generation consoles Xbox One and PlayStation 4 at launch, amid high demand and the difficulty of coordinating a simultaneous launch across regions worldwide, according to Robert W. Baird analyst Colin Sebastian.
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Columbia Sportswear reports first quarter sales growth2013-08-07

Columbia Sportswear Company, a renowned company specialising in the production of outdoor apparel and footwear, announced a 5 per cent rise in its net sales in the first quarter of 2013.
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Dell garners seven Microsoft awards2013-07-29

In a bid to recognise Dell’s excellence in innovation and implementation of global customer solutions on computers, Microsoft Corporation has presented several awards to the renowned multinational corporation.
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Fendi to relocate headquarters in 20152013-07-18

To celebrate its ninetieth anniversary, Fendi, the Italian fashion house, has struck a 15 year lease deal for the Palazzo della Civiltà Italiana in Rome, which will become its new headquarters from 2015.
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Americamart 2014 to tap into rising demand2013-07-23

Atlanta International Gift & Home Furnishing Market, a world-famous exhibition, is going to be held in the upcoming January and July 2014 for eight days.
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Prada's upcoming mega-store in Milan to exceed 5.500 square metres2013-07-22

After having secured 4.300 square metres in Milan’s Galleria Vittorio Emanuele, Prada has leased an additional 720 square metres for this upcoming mega-store. The luxury fashion brand has also hinted that the additional space will be dedicated to Fondazione Prada, a cultural space for fine art.
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Ban lift benefits game console makers in China2013-07-23

China is going to set up the Shanghai Integrated Free Trade Zone in order to allow entrepreneurs from around the world to inject capital in it. Gaming console producers can make good use of this golden chance to invest in the special zone.
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Mobile media promotion gains momentum for apparel retailers2013-07-22

In a bid to capitalise on increasing mobile media traffic, the US retailers have invested in higher amount of capital to carry out digital marketing campaigns, for example, in the apparel retails.
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Lacoste celebrates 80th anniversary with new collections2013-07-22

To celebrate the 80th anniversary of Lacoste, the world-renowned company indicated that two new collections were created will be released in early 2014. The DIY elements would also be added to the product line.


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USDA forecasts global cotton consumption to increase 2% in 2013/142013-07-20

The U.S. Department of Agriculture (USDA) estimates that the global cotton consumption in 2013/14 will increase by 2 percent.
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Furniture giant IKEA considers opening more stores in Israel2013-07-18

IKEA, the Swedish furniture chain, which already has two outlets in Israel, is reportedly in talks to open a new branch in Ramallah.
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Nike introduces new 'nature amplified' shoes and apparel2013-07-17

Nike, a renowned sporting goods giant, has unveiled four new products, two new running shoes and two new apparel ranges, designed to work intuitively with the human body.
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LVMH to acquire Loro Piana2013-07-08

LVMH Moët Hennessy Louis Vuitton, the French luxury goods giant, agreed in mid July to pay 2 billion euros for an 80 percent stake in Loro Piana, adding a famous name to its portfolio of brands.
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China Toy Expo set to break admission record2013-07-19

The 12th International Trade Fair for Toys & Hobbies and other concurrent events are going to be held in Shanghai in the coming October. With the exhibit space being enlarged, the expo is going to draw more attendance.
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Smart watches are on the way2013-07-19

It is projected that a number of companies specialising in the production of smart phones and tablets are going to produce smart watches. The up-to-date products are expected to attract media attention when they are released.
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Forever 21 join forces with Marvel to launch new back-to-school collection2013-07-16

Forever 21 is teaming with Marvel Entertainment for a range of junior apparel and accessories, featuring super heroes such as Thor, Spider-Man, Hulk, Wolverine and Iron Man, to boost their back-to-school sales. The new superhero-themed collection, priced mostly from US$12.80 to $22.80, will be available this week at 450 U.S. stores.
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LEGO launches special building sets for the LEGO Movie2013-07-17

The LEGO Group will release a collection of movie-inspired building sets and new Minifigures for the upcoming 2014 LEGO Movie. On July 20, Comic-Con International attendees would be given the opportunity to see the first LEGO Movie building set.
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Art Van opens new store in Chicago2013-07-18

Art Van Furniture, a famous US furniture company, has started its new business operation in Chicago with the grand opening of its first store there. A series of activities were organised to celebrate for the opening of the new store.
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Toys R Us reports Q1 sales slump2013-07-18

The giant toy retailer, Toys “R” Us Incorporation, revealed a widened loss of US$111 million in the first quarter of 2013 because of weaker demand for electronics and seasonal toys. The international corporation is facing up keen competition from various rivals.
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Puma to replace Nike as Arsenal's sponsor2013-05-08

Puma is on the verge of reaching an agreement with Arsenal for the most lucrative kit deal in the Premier League. The new 5-year deal, which would come into effect from the end of 2013/14 season, tops Liverpool FC's £25m-a-year contract with Warrior Sports and will signal the end of Arsenal's 20-year relationship with Nike.
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A China Pavilion launched in Las Vegas Summer fair 2013-07-17

Las Vegas Market show organiser and UBM Sinopexpo are joining hand-in-hand in organizing the upcoming Summer Las Vegas Market, an exhibition famous for houseware and home furnishing. 18 Chinese manufacturers are on display.
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Indian authorities in a bid to boost 2014 apparel export2013-07-17

The Indian Apparel Export Promotion Council has called for exporters to step up overseas sales targets. In the meantime, the authorities would provide a series of assistance for them.
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H&M reports strong sales in June2013-07-15

H&M, the world's second-largest fashion retailer, has posted a sharp rise in June, thanks to a recent advertising campaign and the strong demand for full-price items from its new collections.
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CMC Gift and Home Market 2013 expands its scope and resources2013-07-15

The CMC Gift & Home Market 2013 , organised by the California Market Centre, held on 16-23 July, is set to help exhibitors find new buyers and prospects.
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LA Textile Show announces partnership with Design Options2013-07-12

Los Angeles International Textile Show (LA Textile) is partnering with Design Options, a Los Angeles based trend and colour forecasting company, to bring visitors a preview of the fall/winter 2014/15 fashion trends.
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B&Q introduces brand-new homefit service2013-07-16

B&Q, the largest home improvement retailer in Europe, has started implementing a new scheme to allow customers to seek help from its fully-qualified tradesmen at a reasonable price for home-fitting service.
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Adidas strives to break sales record in 20142013-07-16

Despite having a host of competitors, Adidas is still the market leader in soccer production. In the meantime, Nike, being its close rival, is gearing up to compete with Adidas for supremacy in the upcoming World Cup season in 2014.
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Overwhelming presale success for Monster University toys2013-07-08

UK-based Spin Master, appointed by Disney as the master toy licensee for Monsters University, receives "overwhelmingly positive feedback" from retailers on the sales of its official line of Monsters University toys ahead of TV campaign.
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Fair trade steps up in US apparel industry2013-07-15

Fair trade has changed from being the practice among some multinational corporation and has extended to other industries, including those involving the production of apparel. This can better the lives of the underprivileged people in developing countries.


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Lenovo beats rivals on computer sales2013-07-15

Lenovo, the China-based computer manufacturer, has successfully achieved positive gain in business in the first quarter of 2013 while most of its competitors failed to do so.
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Tesco to scale down toys sales2013-07-08

UK grocer Tesco has announced its "scaling back" on toys and stationery and more resources will be dedicated to sales of food, clothing and health and beauty products. It is expected that at least 200 new stores will be selling toys in the UK this Christmas time.
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Blockbuster summer movies boost related toys sales2013-06-17

Each summer, the marketplace is overwhelmed by a surge of licensed toys and games with tie-ins to upcoming blockbuster movies, and 2013 is no exception. The big screen will light up with superheroes, including the releases of Iron Man 3 and Man of Steel, and so do toy stores.
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Sony PS4 is on the way2013-07-12

Sony is going to roll out its newly designed game console known as PS4 to the market. Before the release date, the device has already received overwhelming response and anticipation from the game fans.
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KidzPLAY PS3 Controllers to come out soon2013-06-24

Accessories 4 Technology, a well-known UK-based PlayStation accessories developer, announced to launch the KidzPLAY range kiddy-specific joy-pads for the PS3™ system later this year, with a view to selling them to those who play Skylanders or the forthcoming Disney Infinity game.
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Sasa remains on track in the first quarter of 20132013-07-12

Revenue of Hong Kong-based Sasa International (Holdings) increased by 20.1 per cent in the first quarter of the financial year 2013 thanks to the increasing demand from short-haul tourists from different parts of China and better macroeconomic development.
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Wal-Mart threatens to pull plans for D.C. stores over livable wage act2013-07-11

Wal-Mart confirmed in early July that it will pull out of building plans for three D.C. locations after the city’s livable wages act passed, boosting minimum wages paid by large retailers by nearly USD5 an hour.
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IKEA Houston to launch family life workshops2013-07-11

IKEA Houston gears up to let children and their families in the US spend their summer fruitfully by offering them a series of workshops and programs relating to houseware.
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Mattel reports improved sales in Q1 of 20132013-07-11

Mattel, the world-renowned toy maker, has publicised its improved revenue in the recent quarter of 2013. Strong demand for its several product lines helps to boost the sales volume.
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Indian experts to evaluate safety of plastic bottles for pharmacy2013-07-10

As studies have revealed that the use of PET and plastic bottles for pharma product poses immense risk to public health, an expert panel is constituted by the government of India to examine if plastic and Polyethylene Terephthalate (PET) bottles are safe for packaging pharma products.
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Motorola’s new strategy to better its products2013-07-10

Motorola announced that there would be collaboration between the Motorola and eight of the top public and private research universities in the US to make a breakthrough in its sophisticated mobile gadgets, including the smart phones.
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B&Q garners UK Big Tick CSR Award2013-07-10

In early July, B&Q obtained the Business in the Community (BITC) Big Tick Award because of its outstanding achievements in Corporate Social Responsibility (CSR). The homeware retailer chain makes tremendous efforts in going green.
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Classic toys return at Sydney Toy and Game Expo2013-06-07

Classic toys are seen to enjoy a renaissance with board games, dress ups and Play Doh in the Toy and Game Expo held from 8-10 June at The Dome, Sydney Olympic Park.
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Annual Hong Kong timepiece expo sets to draw in more global buyers2013-07-09

Held at the Hong Kong Convention and Exhibition Centre, the annual Hong Kong Watch and Clock Fair this year will take place on 4 - 9 September, being one of the largest timepiece exhibitions in the world.
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BRIC to top the smart phone market2013-07-09

The global smart phone markets are prospering. Yet, the US-dominant trend is going to be changed. China is projected to overtake America and become the largest market prior to the end of 2013. Other emerging markets also gear up to claim top places.
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LIMA survey reveals a rising demand for licensed products2013-06-18

The 2013 Licensing Industry Survey, compiled by the International Licensing Industry Merchandisers’ Association (LIMA), recorded an impressive rise in the sales of licensed products. Four broad-based categories (entertainment, trademark/brands, fashion and sports merchandise) exhibit the most growth, representing 94% of all licensed revenues in 2012.
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VTech’s Wifi tablet wins Dr. Toy’s award2013-07-05

VTech, the well-known producer of age-appropriate and developmental stage-based electronic learning products for children, announced that its children’s learning-based gadget InnoTab 2S Wi-fi Learning App Tablet had been selected as a winner in Dr. Toy’s Best Vacation Children’s Products Award Program this year.
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HK Eco Expo to boost green trade and products2013-07-04

To be held between 28 October and 31 October 2013, the 8th Eco Expo Asia allows local and regional enterprises to look for green business opportunities. The exhibition is initiated by the Hong Kong SAR government with an aim to let Hong Kong turn into a greener city.
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Walmart helps US entrepreneurs showcase their products 2013-07-03

Walmart has carried out a new campaign named "Get on the Shelf" in a bid to render the US companies an opportunity to showcase and promote their products on its website and designated stores.
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US houseware retailers fare better in 20132013-07-03

STORES’ 2013 survey indicates that the US home goods sector made consistent progress thanks to local consumers’ increasing demand for more housewares and retailers’ dedication to improving their products.
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US stays top for Hong Kong jewellery exports2013-07-03

Hong Kong’s precious jewellery exports in first quarter of the year rose 15.7% to HK$12.43 billion compared with the same period in 2012, according to data released by the Hong Kong Census and Statistics Department. The US and the EU accounted for 45% of Hong Kong’s total jewellery exports. Exports to the US show signs of recovery while exports to the EU still recorded a drop.
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US research reveals the success recipe for high luxury sales volume2013-07-03

There are various ways of boosting the sales volume of fashion and accessories. Among them, thinking of how to attract female individuals as well as building up sound rapports with them seem to be a good idea. Michael Kors should be a successful fashion luxury brand which has adopted the correct strategies.
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Hong Kong International Jewellery Show 2014 to be split over two venues2013-07-03

The Hong Kong International Jewellery Show, organised by the Hong Kong Trade Development Council (HKTDC), will separate into two shows across two venues in 2014 to maximise exposure.
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ASTRA names best toys of the year2013-07-03

The American Specialty Toy Retailing Association (ASTRA) unveiled its 2013 Best Toys for Kids award winners. There were 21 winners in 13 categories chosen by ASTRA member retailers' votes at the 2013 ASTRA Marketplace and Academy, held in Nashville, TN.
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Nike announces soaring profits of 22%2013-07-03

The international sporting giant brand Nike has revealed last quarter’s profits as well as ways to tap into the emerging markets and boost sales in China.
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Amazon taps toys and games market in Canada2013-07-03

Amazon.ca launched a new Toys & Games store in Canada in late June, offering one of the largest selections of toys in the country, including many that customers won’t find at mass retailers. The new store features more than 300,000 toys from top brands.
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K TWO impresses consumers with newly designed calendars2013-06-28

One way for K TWO to better their gift items is to develop a new variety of calendars that would impress consumers in the UK. These new calendars, which are in a desktop format, would make the offices and homes refreshing.
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B&Q launches a go-green recycling trail scheme2013-06-28

B&Q, which is the largest home improvement and garden centre retailer in the UK and Europe, goes green by making an effort in organising recycling programs on garden tools..
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Hong Kong summer Fashion Week to attract global buyers2013-06-27

The Hong Kong Trade Development Council is going to organise The International Spring/Summer Fashion Week between 8th July and 11th July 2013.


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Leapfrog to launch new children’s tablets2013-06-27

LeadFrog, an international educational toy producer, will launch its new children’s tablet known as LeadPad Ultra in the U.K in the coming August.
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Hong Kong aims to up the game in MICE industry2013-06-27

Hong Kong’s total number of overnight MICE visitor arrivals hit 1,606,154, which shows a 2.8% increase compared to that of the previous year, and the city is aiming to up its MICE position in the region.
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US seminar highlights Hong Kong as gateway to Asian market2013-06-27

Over 3,000 businesspeople from USA took part in a "Think Asia, Think Hong Kong" promotion event organised by Hong Kong Trade Development Council in June. The event has highlighted Hong Kong's unique role in helping US firms to enter the Chinese and Asian markets.
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Egypt to restrict phthalates-related toys for children2013-05-15

The World Trade Organization (WTO) recently received notification from the standardisation authority of Egypt that the country has proposed the restriction of the marketing and use of toys and childcare articles containing certain phthalates.
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Scientists find new flame retardants for furniture2013-05-10

Jaime Grulan, a scientist leading a research team from Texas A&M University, has discovered a nano-sized natural polymer which can serve as a gas blanket on the surface of flammable furniture and bedding, hence largely reduce fire accidents at home.
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US promotional products industry in revival, research finds2013-05-10

The US promotional products industry, according to industry research company IBISWorld, has turned the corner following the financial crisis, posting gains in the past four years. In 2013, industry revenue is expected to increase 0.4% as marketing budgets expand and the industry benefits from new promotions as consumers begin to spend again.
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Vietnam’s garment exports remain bullish2013-05-10

Statistics show that Vietnam’s garment and textile export industry continues to flourish, with its April's export value exceeding US$1.31 bn, resulting a culmination of US$5.15 bn, a huge year on year increase (20%) of export value in the first four months.
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Lever Style to move out part of its Chinese OEM production capacities2013-05-10

Lever Style(LS), a Hong Kong-based garment manufacturer and major OEM of the Japanese Uniqlo brand, has reportedly shifted many of its garment factories away from China in a bid to cut down production cost, starting from this April.
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A new convention venue site adjacent to HKCEC under planning2013-05-10

According to an article in a Hong Kong English newspaper, the Hong Kong Government’s Planning Department has earmarked a location adjacent to the Hong Kong Convention and Exhibition Centre(HKCEC) to build a new six-story convention complex.
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HK Customs smashes local internet website selling counterfeit toys2013-05-06

Hong Kong Customs recently raided a warehouse in Tsuen Wan of Hong Kong and smashed a local Internet website for selling counterfeit products to overseas buyers in an operation, resulting in the arrest of a man and a woman and the seizure of 181 boxes of suspected counterfeit toys.
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HK’s gifts and premium exports rise 4% in the first quarter2013-05-06

The recent Hong Kong Gifts & Premium Fair has reflected a growing trend in the territory’s industry export. In the first quarter of 2013, A HKD40.7 bn worth of gifts and premium were exported from Hong Kong, up 4% year on year.
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Bangladesh’s garment manufacture sector fears exit of western corporations after Dhaka factory accidents2013-05-06

Following the devastating accidents in Dhaka in April that a building packed with garment factories collapsed, some of the western corporations were forced to rethink should they continue to consider Bangladesh a suitable base for their garment manufacture.
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SMART promotes clothing and textile recycling on Earth Day2013-04-29

On Earth Day 2013 (April 24, 2013), the Secondary Materials and Recycled Textiles Association (SMART), an international nonprofit trade association based in the United States, urged people using a Public Service Announcement from radio channel to “donate, recycle, don’t throw away” their old clothing.
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Usables’ new propylene cutlery make ideal promotional premiums2013-04-29

German manufacturer Usables has recently developed a coming of age method to create extra-compact cutlery which are also foldable and easy to carry.
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Labour strike hits Bangladesh's garment industry2013-04-25

The ongoing labour strikes and social unrests in Bangladesh since December have significantly affected its garment exports. To catch up delivery time, some exporters have to switch the means of transportation to air freight.
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Original designed-in-China women’s wear getting attention2013-04-25

Clothing designed originally in China has become the talk of the nation, after Peng Liyuan, wife of newly-elected President Xi Jinping, appeared in a recent foreign tour wearing all-made-in-China outfits.
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Shenzhen Goodlife's mirrored armoires obtain a design patent2013-04-25

Shenzhen Goodlife, a Chinese professional supplier of a variety of mirrored jewellry armoires, has recently secured a new design patent.
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Lego-themed school to open in Denmark2013-04-25

Kjeld Kirk Kristiansen, a Danish billionaire whose family founded Lego, recently established a fee-charging school that combines conventional learning methods and Lego's "play-centred" initiatives.
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Taiwan’s inflated toys found with plasticizer overuse2013-04-25

The BSMI (Bureau of Standards, Metrology & Inspection) of Taiwan found 4 out of 20 samples of inflated toys have exceeded the safety limit of plasticizer.
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Vietnam garment exports record strongest growth from 2005 to 20112013-04-23

The latest market research reveals that Vietnam enjoyed the largest growth in garment exports during the period of 2005 to 2011.
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HK tableware manufacturers getting adaptive under anti-dumping challenge2013-04-23

The anti-dumping policies now spreading fast in various global markets of tableware have prompted a strategic change in product function. Hong Kong's tableware manufacturers have tried to avoid such taxation penalties by incorporating gift features so as to gain exemption.
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K' NEX to open subsidiary in London2013-04-23

K'NEX, a US-based toy brand famous for its construction toys, will expand its global footprint across the Atlantic. The company headquartered in Pennsylvania is going to set a new subsidiary in London.
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Ningbo’s toys export sees significant growth2013-04-23

Statistics from the Customs of Ningbo City of China indicates strong pick-up of toys export in the first two months of 2013. A year on year 32.2% increase was recorded with the total export value amounted to US$120 million.
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Toys R Us supports fundraising campaign for autism science2013-04-22

Toys "R" Us, Inc. announced recently the launch of its "Shine A Light For Autism" fundraising campaign to benefit Autism Speaks, the world's leading autism science and advocacy organization.
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Huge sport sponsorship should give premium market a boost, says industry leader2013-04-22

In a recent interview carried by Promotional Product Business Magazine (PPB), Jay Deutsch, one of the founders of the industry leading BDA Inc., said the record breaking sport of US$13.79 billion sponsorship expected for North American market could spur success for the promotional products industry.
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SPP to create more jobs2013-04-22

Staples Promotional Products (SPP), one of the largest promotional products distributors in North America, recently announced its latest recruitment blueprint to add new staff for its Overland Park office in Kansas City.
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Canada’s promotional products industry on steady revival2013-04-22

IBISWorld, an industry and market research source provider, estimates that revenue for the promotional products industry in Canada has increased at an average rate of 0.9% to US$1.7 billion in the five years to 2013. It is said that the growth is due to a return of advertising budgets.
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LLHA show 2013 to exhibit NextGen luggage and leathergoods2013-04-22

The Toronto's Luggage, Leathergoods, Handbags and Accessories Show (LLHA) held in April gave a highlight on high-security travel products, smart luggage and products derived by sustainable materials.
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“Popcorn furniture” comes of age2013-04-22

After a decade’s effort, the space-saving, assemble-free “popcorn furniture” finally becomes something of a reality in 2013. The new pieces were in display on Milan Design Week festival.
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Gucci tables rescue offer for GRT2013-04-22

Richard Ginori Tableware (RGT), an Italian tableware manufacturer, was reportedly offered 13 million Euros (US$ 16.7 million) by Gucci, the global fashion and leather good brand , to save it from bankruptcy.
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Versace teams up with Haas Brothers to create new furniture line2013-04-22

Donatella Versace, the renowned fashion icon and celebrated furniture designers the Haas Brothers joined force in this year’s Salone del Mobile, the Home Furnishing exhibition held in the second week of April, 2013, in Milan, Italy. The co-created a 12-piece homage furniture in the Italian’s exclusive style.
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Sri Lanka-to-India duty free fabric sourcing quota adjusted to 8 million2013-04-22

Sri Lanka has successfully gained the adjustment of duty free apparel export quota from 5 million to 8 million pieces after holding talks with a high official from India’s textile industry.
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Esprit opens signature store in Abu Dhabi2013-04-22

Esprit, one of the leading international fashion brands, launched in March its latest signature store in the capital city of the UAE, Abu Dhabi.
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Li & Fung chief to speak at “Think Asia, Think Hong Kong” Symposium2013-04-22

Dr William Fung, group chairman of Hong Kong’s super trader company Li & Fung Ltd, is among the invited speakers of two business symposiums named “Think Asia, Think Hong Kong” to be held in New York and Los Angeles in the coming June.
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US market pick-up helps garment sector, says Indian trade official2013-04-22

The existing Indian style of fashion trend may well save the country’s declining garment industry. The American’s love of traditional Kurti and other oriental clothing could contribute to the revival, said Rahul Mehta, the President of the Clothing Manufacturers Association of India.
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Chinese apparel brand Qiaodan countersues NBA basketball legend2013-04-22

Michael Jordan, a retired NBA basketball superstar player, was reportedly being countersued by a Chinese apparel company whose brand name “QiaoDan” actually carried the Chinese version of Jordan’s name.
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Dubai puts unsafe toys imports on public alert2013-04-22

The Dubai Municipality has recently introduced an online mechanism which will put dangerous or banned toys under public’s scrutiny. The search engine developed will show necessary details such as brand names of the toys.
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Aurora and Hasbro to launch a new line of MY LITTLE PONY plush2013-04-22

Aurora World Inc., a leading manufacturer and supplier of plush toys and gifts, announced on April 3, 2013 a new licensing agreement with Hasbro, Inc. to launch a brand new line of soft and sparkly MY LITTLE PONY plush.
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HK toy manufacturers urged to look for emerging markets2013-04-18

Jeffery Lam, a Hong Kong lawmaker and a vastly experienced business leader in the toy segment, urged his fellow entrepreneurs and toy makers to explore emerging markets outside the US and Europe.
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