links for 2008-07-08
July 8, 2008
Did Anyone Notice M&S Sales Plunging?
July 8, 2008
A few days ago my front page greeting on the Mintel reports website was some analysis for M&S and ASOS sales - why is the latter doing so well while M&S seems to be stuck in a rut with their sales?
The report summarized it as a thing of demographics - the fact that ASOS is more popular than M&S because they aim their clothing towards a younger audience, not just due to the fact that they’re an online retailer and that’s currently the way forward these days. That and to add the fact that they have better-looking clothes that resemble the ones on Net-a-Porter or even Neiman Marcus and others for a lot less. The Mintel report observed that credit card borrowing is at an all-time high and people are using them to pay mortgages so they’ve ran out of funds for buying on the high-street, hence the “gloom” in the UK. But the ASOS audience is the last to be hit by the downturn because they don’t have any mortgages to repay or any obligations so they can happily spend, spend, spend.
This makes me wonder how many people (with financial obligations) borrow to support their lifestyle - because it’s never the case of giving up when you’ve reached a certain status. That is, if you feel the need to worry about things even more! Something tells me it must be quite bad.
links for 2008-07-07
July 7, 2008
links for 2008-07-06
July 6, 2008
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The country is reeling from 11.4% inflation, large government deficits, and rising interest rates. Foreign investment in India’s stock market is fleeing, the rupee is falling, and the stock market is down over 40% from the year’s highs.
links for 2008-07-04
July 4, 2008
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“The US court declined Viacom’s request that Google be forced to hand over the source code of YouTube, saying it was a “trade secret” that should not be disclosed.”
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“People with active online identities might place less value on their real lives - this could raise the risk of impulsive acts or even suicide.”
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“A curated glimpse at everyday life.”
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“It is easy to believe that you have found the essence of a nation when there are large crowds around, a hint of rain in the air and hills in the distance.”
links for 2008-06-30
June 30, 2008
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“Sounds crazy? You should try it.”
Working Holiday
June 29, 2008
I’m in Romania on what’s supposed to be my ‘holiday’ after exams and instead I am working. Because I am a masochist and it’s a really good feeling. I love it.
links for 2008-06-26
June 26, 2008
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“It is becoming feasible to work out whether a woman is at “low”, “moderate” or “high” risk of cancer by looking at which combinations of these [BRCA1/2 genes] she has. “
links for 2008-06-25
June 25, 2008
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Measuring more than 7 meters tall, the free-standing recharge pod is a self-sufficient unit that taps into a wind generator and solar panels to charge as many as 100 mobile phones per hour
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“The moral of the story for all you gentlemen out there? Never piss off a lady with a digital camera. Or one that knows how to create websites.”
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“Look at me! I’m a serial entrepreneur.” Or maybe I was just full of myself.
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via russell davies
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“Due to a maintenance problem, your flight has been delayed three hours, care to rent the Transformers movie?”
Thoughts for the Evening
June 21, 2008
I’m a very happy person. And it’s bloody great because I haven’t been this happy in a long while. And oh, yes, it just gets better and better. I love it!

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