At all times and under any circumstances, people will buy products while the world exists—we don’t talk about utopian societies, of course. With this, the only question here is what people’s attitudes to purchasing will be, which countries will start consuming more and which will switch to saving more.
global brands on emerging markets
You are welcome to share your thoughts on this article written by Darren Foley, Managing Director at Pearlfisher, London
We are all too aware of the ongoing economic difficulties and retail caution with Habitat, Thornton’s and Jane Norman three more casualties of the British High Street. But all is not doom and gloom. The Royal Wedding and choice of British designers and British brands favoured undoubtedly gave yet another boost to the British economy, an iconic ‘Cool Britannia’ message is being heralded in the run up to Britain’s hosting of the 2012 Olympics and we are welcoming the news (19 June) that luxury British fashion group Mulberry announced a sharp rise in profits—reporting a jump to £23.3m from £5.1m a year ago.