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Archive for September 16, 2008

AdAge: Luxury Market Braces for Slowdown

September 16, 2008

High-End Brands and Retailers Expected to Feel Pinch as Consumers Re-evaluate Spending Habits By Natalie Zmuda Published: September 15, 2008 NEW YORK (AdAge.com) — With massive layoffs expected in the banking industry and the economy in turmoil, marketers are beginning to fear that consumers of luxury goods will be snapping their wallets shut. Luxury brands […]

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International Herald Tribune: Muslims can read, listen to Quran on LG television

September 16, 2008

The Associated Press Published: September 16, 2008 SEOUL, South Korea: LG Electronics Inc. said Tuesday it has marketed a new large-screen plasma display television in the Middle East that allows users to both read and listen to the Quran, the Muslim holy book. LG said in a release that the TV, which comes in 42 inch and […]

Multichannel News: Cable Building A More Diverse Workforce

September 16, 2008

  By Stuart Miller — Multichannel News,09/14/2008 The cable industry has long strived for diversity, inclusion and multiculturalism in the workplace. But executives agree that over the last year and a half — as the nation followed a historic presidential primary race between an African-American and a woman — operators and networks have ramped up […]

Marketing Vox News: Affluent African Americans Wield $29.8B in Spending Power

September 16, 2008

  It’s good to be plush The purchasing power of Affluent African Americans in the US – those with minimum individual annual incomes of $75K – is estimated at $29.8 billion, according to a study by Uptown Magazine and Diversity Affluence – writes MarketingCharts. The study, which examined behaviors, attitudes, opinions and spending patterns of this wealthy demographic, also found that […]

Malaysia Star: Nestle’s halal goods bear fruit

September 16, 2008

  KUALA LUMPUR: Nestle (M) Bhd’s commitment to halal products is bearing fruit, with about 24% of its turnover in the second quarter of this year coming from the export business. Mainly driven by the Middle East market, Nestle Malaysia had also captured a big export segment in Asean countries such as Thailand and Indonesia, […]

Media, Hong Kong: McCann Indonesia launches global Coke TVC drive for Ramadan

September 16, 2008

by Kenny Lim    16-Sep-08, 10:07 JAKARTA – McCann Worldgroup Indonesia has launched a global TVC drive for Coke to connect with youth markets during the Muslim fasting month of Ramadan.  Briefed out of Coke’ s Eurasia division, McCann in Indonesia won the right to produce this year’s Ramadan drive, following a selection process with Pars McCann […]