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NEWS
VOUCHER INDUSTRY RECORDS STRONG QUARTER

The second quarter of 2010 saw ‘exceptional growth’ for the voucher and gift card sector with sales totalling £388.5million, the industry trade body revealed on 11 August.

STORY ADDED: 17/08/2010 >MORE
CHINA OVERTAKES JAPAN

China reached another important milestone as its economy eclipsed Japan to become the world’s second largest economy during the second quarter of this year. The country became the world’s biggest exporter in 2009, producing 9.9% of global exports.

STORY ADDED: 17/08/2010 >MORE
PREMIUM TICKETS TAKE OFF

Those all-important business travellers are returning to the skies with airline industry trade body IATA reporting that the number of passengers buying premium airline tickets increased in June.

STORY ADDED: 16/08/2010 >MORE
OPTIMISM GROWS BUT NO ROOM FOR COMPLACENCY

The most recent production figures from UK factories are better than estimated but the market remains fragile, according to Professor Garel Rhys of Cardiff Business School. He was speaking to 140 delegates at the Sunderland Automotive Conference at the Stadium of Light on 20 April, writes the Headlineauto motoring news agency.

STORY ADDED: 25/04/2010 >MORE
ORDER BOOKS SIGNAL SLOWING EUROZONE RECOVERY

A slew of recent figures – from the US, the UK and, now, the eurozone – point to a stutter in the recovery, but then it was never sensible to imagine the economy would return to pre-recession ‘business as usual’ levels within the space of a few months.

STORY ADDED: 24/02/2010 >MORE
2009 WORST YEAR FOR AIRLINES

A combination of corporate travel bans, new technology and the financial squeeze on consumers has made for an extremely tough year for the airline sector.

STORY ADDED: 29/01/2010 >MORE
UK TOY INDUSTRY COMES OUT FIGHTING

Despite a tough trading year and the loss of 800 Woolworth stores, the UK toy industry has come out fighting with many retailers reporting a growth in 2009, especially in the last quarter of the year. 

Figures were unveiled at Toy Fair this morning by BTHA (British Toy & Hobby Association) chairman Roger Dyson. And X Factor finalist Stacey Solomon made a personal appearance this morning at the industry’s annual trade event which runs 26-28 January at Olympia in London.

STORY ADDED: 26/01/2010 >MORE
WHITE OUT BRINGS UNEXPECTED BENEFITS

With virtually the entire country under a blanket of snow and ice, the winter whiteout conditions are clearly visible in this striking satellite image received by the University of Dundee Satellite Receiving Station today. The image was transmitted today from the NASA satellite Terra.

STORY ADDED: 07/01/2010 >MORE
SALES OUTLOOK
FORD LEADS 2010 SALES REVIVAL

The motor industry is staging a minor rally but is not out of the woods yet.

In the current economic climate, the motor industry is all about unit sales and Ford grew its January car sales figures by almost 1,200 units, according to figures released today (5 February).

Ford Fiesta and Ford Focus continued as the first and second-best sellers in the UK market. In third, fourth and fifth place respectively were Vauxhall Corsa, VW Polo and Vauxhall Astra.

STORY ADDED: 05/02/2010 >MORE
FOCUS ON MEDIA
THE ONLINE REVOLUTION ACCELERATES

Newspapers  and television are set to undergo some far-reaching changes this year, as new technologies pave the way for changes in how people receive and access information. Accountants BDO point to a continuing shift online by the media industry.

Partner and head of TMT in the firm’s Southampton office, Paul Anthony told ModernSelling.com: ‘Newspapers are having to revise their business models in order to meet changing consumer demands.’

He added: ‘This requires investment and long-term planning. The stronger well-capitalised players will be able to re-invent their offerings while the weaker, more highly leveraged players will find it more difficult. It may also be the case that, if we have a change of government in 2010, a new and more flexible regulatory regime could alter the playing field.’

STORY ADDED: 22/01/2010 >MORE
2010 TRENDS
MOBILE SOCIAL MESSAGING WILL DRIVE MARKET

Amid signs of economic recovery, 2010 will be the year when mobile operators worldwide protect their existing revenue channels while exploring new ones, says technology company Synchronica’s chief executive officer Carsten Brinkschulte.

Data services will play an even more important role in 2010, supported by an enlarged mobile messaging landscape that, in addition to SMS, will also encompass mobile email, mobile social networking, and instant messaging (IM). Contrary to many analysts’ belief, the device platform landscape will not consolidate, but further diversify as new platforms like Maemo, LiMo and Android take their market share.

As the battle between operators, device manufacturers, and internet portals for value-added services (VAS) intensifies, operators will play their strongest card - their billing relationship with the user.

STORY ADDED: 14/01/2010 >MORE
ECONOMIC TRENDS 2010
CONSUMERS MAKE NEW YEAR'S RESOLUTION TO GET FINANCIALLY FIT

Despite continuing uncertainty there are signs that parts of the economy are beginning to emerge from the doldrums, though there has been a profound shift in the way business is done in a number of sectors.

One of the major trends is the continuing shift to online retailing. Grocer Ocado recently reported record sales for the Christmas period. The Hatfield-based online grocery retailer also supplies a delivery service for Waitrose web customers.

STORY ADDED: 04/01/2010 >MORE
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