Ged Carroll

Gucci + more news

Published: (Updated: ) in china | 中國 | 중국 | 中華, consumer behaviour | 消費者行為 | 소비자 행동, culture | 文明 | 미디어와 예술 | 人文, economics | 經濟學 | 경제학 | 経済, ideas | 想法 | 생각 | 考える, innovation | 革新 | 독창성 | 改変, japan |日本 | 일본, korea | 韓國 | 한국 | 韓国, luxury | 奢華 | 사치 | 贅沢, technology | 技術 | 기술 | テクノロジー by .

Reading Time: 3 minutes

Gucci

Shenzhen sweatshop allegations force Gucci to act – FT.com – PR nightmare and management FAIL for Gucci. The Gucci story is unusual in that it affects service workers. Luxury in Asia requires a certain servility of service that I find uncomfortable and the Gucci story of long oppressive days for retail staff sounds emblematic of it. That its happening in the Gucci Shenzhen store doesn’t surprise me at all

China

China Favors Direct Investment to Create ‘New Blood’ in Europe – WSJ

Maersk builds LatAm “reefer” factory | FT.com – because the cost of production is growing faster in China than Latin America

Consumer behaviour

What Wealthy Women Really Want – WSJ

For Their Children, Many E-Book Fans Insist on Paper – NYTimes.com – the tactile arguments for toddlers are the same reason why I prefer print books

Culture

Alan Moore – meet the man behind the protest mask | The Observer – it was a nice literary tail for the Guardian to loop back with Alan Moore

Paris Review – The Art of Fiction No. 211, William Gibson – interview with the cyber punk don

Economics

Housing prices fall in Chinese cities – FT.com – property developers and small businesses have been suffering

Brussels warns on risk of UK double-dip – FT.com – UK economy stagnating and government’s deficit reduction strategy isn’t working according to a European Commission report – a deep and prolonged recession complemented by continued market turmoil cannot be excluded

The way (not) to rein in the yen – FT.com A more aggressive quantitative easing programme, targeting 10-year government bonds instead of shorter maturities, would contribute more decisively to ease the pressure on the exchange rate. More importantly, it would also stimulate the largely stagnant domestic economy (paywall)

The Long Haul to Capitalizing on Web Trends – Digits – WSJAccording to comScore Inc., almost 62% of the ads shown on Facebook in the July through September quarter came from advertisers that are not among the top 1000 digital advertisers in the U.S.; on Yahoo Inc., just 23% come from such small advertisers. These sorts of Facebook advertisers range from nail salons marketing to people who live a particular town, to recruiters targeting employees at a specific company – going down the long tail due to targeting ability, not great on context like Google local search though

Ideas

Information: Be careful what you signal | The Economist

Possibility Is Thrust of 100-Year Starship Study – NYTimes.comin 10,000 years, the speed of humans has jumped by a factor of about 10,000, from a stroll (2.6 m.p.h.) to the Apollo astronauts’ return from the Moon (26,000 m.p.h.). Reaching the nearest stars in reasonable time — decades, not centuries — would require a velocity jump of another factor of 10,000

Innovation

Marubeni Launches 3D Printing Service — Tech-On! – interesting that it is aimed at making precision resin dies etc

Japan

Japan’s #1 Mascots: Kumamon, Bary-san, and Nishiko-kun | Japan Probe – Japan seems to have mascots for everything, kind of cool actually

Japan Today | Toshiba to close three semiconductor plants

Korea

South Korea’s economy: What do you do when you reach the top? | The Economist – interesting economic profile on Korea

Luxury

Von Furstenberg to Chinese Women: Stop Chasing Men – WSJ

The rise of quiet luxury: Understated chic that is very, very expensive. – Slate Magazine

China’s Menswear Market (Quietly) Booming « Jing Daily

Luxury’s anti-social (media) brigade | FT.com – variable adoption

Brussels finally recognises luxury | FT.com

Luxury Second-Hand Shops Spreading Like Wildfire In China | Jing Daily

The moral of Dior’s numbers | FT.com – Galliano story didn’t affect Dior sales

Media

Secret documents reveal the flimsy case for Ofcom to give into BBC’s public TV DRM demands – Boing Boing

Technology

HP CEO: Apple will become market leader in personal computers | MacNews

Wireless

Nokia’s Microsoft Phones May Not Get Traction, Analyst Says – NYTimes.com – no USP, apart from a bucketload of advertising