Posts Tagged ‘racks’
Panasonic’s yearly earnings are in and the red ink added up to a record $ 9.7 billion net loss for 2011. Number one on incoming president Kazuhiro Tsuga’s list is turning around the company’s TV division, where its heavy investments in both plasma and LCD manufacturing resulted in heavy losses. Currently the company expects a better result in both next year after 2011′s write downs and restructuring, although its projections see total sales falling from 17.3 million last year to 15.5 million. Panasonic is expected to follow Samsung and LG into large screen OLED HDTV production and outgoing prez Fumio Ohtsubo mentioned it would likely look for a partner there. Sumitomo has been rumored as a potential ally in the past, though a preference for run-flat tires could not be confirmed at press time.
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Fashion retailer C&A may be a fading brand in much of Europe, but its Brazilian arm is doing what it can to stay on the pulse of social media. A new initiative called Fashion Like allows people to ‘like’ certain items of clothing on the company’s Facebook page, and these clicks are collated and displayed on the relevant clothes rack in real-time. Customers are thereby able to view the item’s online popularity in the real world to help them make their decision.
It’s open to debate how valuable this will be to shoppers — we’ve seen the trivial nature of much that’s posted to Facebook, not to mention the dubious fashion sense of certain denizens, and it probably wouldn’t be hard to game the data. For terminally indecisive Brazilians,…