BRICs

It seems Goldman Sachs is not the only financial powerhouse interested in investing in what they have termed the “N-11” countries. This morning Kleiner Perkins, the Palo Alto-based venture capitol firm that has become synonymous with internet investing has announced it is fronting $13 million worth of series four money funding for Trendyol.com, the fastest growing, biggest fashion etail site in Turkey. This has some very frightening implications for traditional designers and retailers. Read more >>

The Boston Consulting Group has released an exciting new report: “Navigating the New Consumer Realities,” which involves spending movements and approaches they have been tracking across the globe over the last three-five years, plus a survey of over 24,000 consumers. Guess what? Consumers are not so optimistic about their financial future and spending after all!
 Read more >>