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Home > News > Tags > recession
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It appears that the prospect of rising prices is having what one might call a positive effect on consumers, who are now less inclined to go on shopping sprees but more likely to make overall better and more productive purchase choices.On the industry of today, there are several factors that the bulk of the consumer ... |
11 April 2011
08:25 GMT |
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A new research carried out by Marybeth Mattingly and Kristin Smith from the Carsey Institute concluded that during recession periods, women enter the workforce if their husbands become unemployed.Given the recent recession, in the world and in the United States, many companies laid off thousands of people, complicati... |
14 September 2010
09:13 GMT |
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The mobile phone market around the world has been greatly affected by the economic turmoil during the last year, that's no secret. Handset sales were slower than before, users consumed less services from wireless carriers, driving revenues downwards, and many players in the telecoms industry registered great lo... |
7 July 2010
06:50 GMT |
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More videogames are being launched each year, even with publishers vowing to cut down on quantity and focus on quality, but players often complain the industry fails to produce the gems that it created in the '90's and the early years of this new century. And now, one prominent videogame executive is joinin... |
24 June 2010
05:34 GMT |
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According to a recent report from iSuppli Corp, the cellphone industry went out of recession. The mobile phone maker had a great end quarter of 2009, and the smartphone segment is expected to increase considerably during the ongoing year, showing that the end of the recession has arrived.
The worldwide shipments... |
28 April 2010
10:58 GMT |
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The economic downturn has been called many things over the past couple of years but there have been very few, if any, situations where the recession was perceived as the cause of a fortuitous phenomenon. Still, it seems that anything is possible after all, now that the economic crisis has been found to have instilled... |
26 March 2010
11:19 GMT |
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They say a woman’s best “friend” when the going gets tough is some retail therapy. Admittedly, few other things can boost her mood like some shopping for new clothes can, but, with the recession hitting pretty hard, not many can still afford to do so. A new survey conducted by Mintel and cited by th... |
9 November 2009
13:31 GMT |
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Activision Blizzard is big. And, more importantly in this tough economic times, it is turning to profit just as the video-game business is hardly hit by the economic downturn, with the NPD numbers for August showing a 16% decline when compared to 2008. The one man who seems to be directly responsible for this is Bobb... |
17 September 2009
17:41 GMT |
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When the going gets tough, women get prettier – this is how one might adapt the old saying. A new poll conducted by women’s cosmetics company Avon in the UK comes to show that, despite the fact that recession is still in full swing and has yet to show significant signs of abating, women still shed on cosm... |
13 July 2009
15:01 GMT |
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On the one hand, the recession hitting the world at the moment is certainly bad for the videogaming industry, as revenue is going down from both hardware and software sales, with players tightening their wallets and spending less. On the other hand, it seems that the recession is good for gaming in general, as a new ... |
13 July 2009
02:56 GMT |
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According to a new study made by ABI Research, mobile services revenues are expected to grow at nearly 1.2 percent throughout 2014, even if the world is affected by the economic slowdown. Before the crisis, the forecasts placed the growth only 0.5 percent higher, and it seems that, although unemployment has risen a l... |
23 June 2009
07:01 GMT |
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No respectable star, especially if we’re talking a trendy female fashionista, would ever be seen in public without certain items, such as a well accessorized accessory pet, a bottle of designer vitamin water, or a personal nutritionist nearby, just in case they might have to fight culinary temptation. Still, re... |
11 June 2009
14:31 GMT |
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The fashion industry might be slowly crumbling apart under the pressure of debilitating financial woes but Vogue magazine is the one to lend a helping hand the best way it knows how. The media giant has just announced that, come September, it would hold a celebration night in 13 different cities, while editors will a... |
9 June 2009
13:41 GMT |
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They say diamonds are a girl’s best friend and, to some extent, so are other gems and valuable metals, such as gold or platinum. However, since recession has so far proved to be a girl’s worst nightmare, all prized possessions also have to go to make ends meet. Consequently, Gold Parties or “bling a... |
3 June 2009
13:31 GMT |
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Fashion house Christian Lacroix has never made a profit in its 22 years of existence, but that has never stopped it from being one of the most popular and appreciated haute-couture names in the industry. Financial turmoil has eventually caught up with the designer house because of the decreased demand – especia... |
29 May 2009
15:21 GMT |
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Shopaholics are addicts and, as such, when the going gets tough, they turn to the only thing they believe can bring them comfort and some sense of security. Case in point: women in recession spend more money on shopping sprees than they would when they’re not financially strained, the findings of a new survey i... |
22 May 2009
13:21 GMT |
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The gaming industry hasn't escaped the worldwide recession and a lot of big corporations have been forced to make drastic staff reductions and other cost-cutting measures in order to ensure that a marginal profit or even smaller losses are recorded this year. But, even though big companies like Sony or EA can h... |
7 May 2009
03:21 GMT |
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Google reported what it referred to as good financial results for the first quarter of 2009, indicating that it was feeling the impact of the recession. The Mountain View search giant's revenues for the first fiscal quarter of 2009 amounted to $5.51 billion. Undoubtedly results that spell success even without th... |
17 April 2009
04:19 GMT |
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Dire times call for change. Recession has not failed to take a toll on the fashion industry, which, just like any other segment, has been affected in unforeseen ways by the economic downturn. From the Italian fashion industry, arguably the strongest of the lot, seeking governmental assistance to pull through, to desi... |
14 April 2009
16:21 GMT |
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As women dye their hair blonde or pick up a fiery red lipstick to get into a better mood during these hard financial times, men also have their own way of fighting the blues – with pink undergarments, Jockey says for the Daily Mail. Over the past couple of months, the underwear company has reported soaring sale... |
9 April 2009
16:21 GMT |
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Nintendo is one of the biggest companies currently active on the market, as it has made some huge amounts of profit from the very successful Wii and DS consoles, which took the world by storm and, after quite a few years since their individual launches, are still registering heavy demand. Recently, we reported on th... |
9 April 2009
15:01 GMT |
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So much has been said about dieting, and especially about fad diets, that one rarely knows what to believe. Dieting can either be effective and return the expected results, or it can fail miserably, hurling the slimmer into an unbreakable circle of disappointment and unaccomplishment. Not content with what was alread... |
24 March 2009
15:31 GMT |
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With companies throughout the world struggling to stay afloat during recession, one British television presenter knows the reason why the economy is down. Outspoken Fern Britton is of the opinion that the economical downturn wouldn’t have occurred in the first place if women had ruled the world, as she has reve... |
20 March 2009
16:31 GMT |
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We live in some very tough times, as more and more companies, regardless of their area of expertise, are affected by the worldwide recession, which is taking its toll on all industry segments. Although some analysts figured that the gaming branch of entertainment would come out relatively safe, things didn't wor... |
4 March 2009
13:11 GMT |
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The recession is rearing its ugly head on the whole world, and, in these troubled times, no company is safe from its repercussions. We've seen big corporations like Sony or Microsoft being affected, so the news that already struggling company Midway was in even deeper trouble was nothing surprising, as it has be... |
3 March 2009
03:02 GMT |
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There's a worldwide economic crisis going on at the moment. People are being laid off, companies are having financial problems, and budgets are slashed. Still, people are interested in playing videogames. The reason might be that getting a gaming console, like the Xbox 360 or the PlayStation 3, and a couple of g... |
23 February 2009
15:21 GMT |
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So far, major fashion houses have been seemingly unaffected by the recession that is leaving millions jobless worldwide. With most of them showing their latest collections in a display of luxury as if to spite the economical downturn, the Italian fashion sector is now asking for governmental aid to get through recess... |
20 February 2009
16:11 GMT |
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Gaming certainly has a lot of iconic companies that have brought great titles to a lot of gamer generations. Midway is one of them, bringing titles like Mortal Kombat, Unreal Tournament or The Lord of the Rings Online, to a variety of gamers who enjoyed them for quite some time. Sadly, the company hasn't been d... |
13 February 2009
11:01 GMT |
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We live in very tough financial times, as the worldwide recession is making its presence felt across all branches of the industry. Despite being considered untouchable by the financial crisis, the gaming branch has also been affected, as big companies, like Microsoft, Sony or Electronic Arts have announced cost-cutti... |
10 February 2009
11:11 GMT |
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With most branches of the economy having already taken a serious hit because of the recession, the wedding industry continues to flourish, and will presumably do so for some time from now on. The explanation, analysts say, is obvious: more couples are seeking financial stability by walking down the aisle. At the same... |
3 February 2009
13:11 GMT |
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We live in very tough times, as the worldwide recession rears its ugly head on the whole world, and big industry branches are starting to feel its effects. For a lot of the big gaming corporations, which were supposed to be safe thanks to their products, things aren't looking so good. Among them, Electronic Arts... |
26 January 2009
15:01 GMT |
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It's becoming more and more certain that the worldwide financial recession is affecting the large corporations that are involved in the gaming industry. After seeing Microsoft and Electronic Arts decide to cut a lot of jobs and employ drastic money-saving measures, it seems that Sony will continue its plan to st... |
23 January 2009
13:11 GMT |
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While in 2008 the worldwide recession appeared to spare the gaming industry, it seems that things aren't going so well this year, as a lot of big and small companies are announcing drastic layoffs and severe cost-cutting measures in order to ensure a high profit and to keep from going bankrupt. While it was onl... |
23 January 2009
11:01 GMT |
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We live in some very harsh economic times and the global recession is affecting almost everything around us. Despite analysts' optimistic claims that the crisis won't affect the gaming industry and that everything will be alright, we've already seen a lot of things happen in this field of entertainment... |
23 January 2009
02:21 GMT |
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It seems that the global recession has an impact on the entire industry, since not even the gaming segment can dodge its effects and still maintain a profit. After big gaming companies like Electronic Arts or Microsoft have or are planning to employ some major layoffs in their teams, it seems that Sony will confirm a... |
22 January 2009
15:10 GMT |
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The worldwide economy isn't doing so well, as the recession is affecting almost every branch of the industry. It now seems that, although Microsoft considers its Xbox 360 console and its whole game and entertainment division recession-proof, things aren't going too well with the other departments in the maj... |
21 January 2009
13:01 GMT |
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As major companies and start-ups are bowing down to the crushing waves generated by the blow the economy has received, Hollywood is wondering whether it is not actually sitting on a potential storytelling goldmine that it should explore. A recession-themed film could turn out to be an instant hit at the box-office, m... |
13 January 2009
08:21 GMT |
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While most major brands in the cosmetics industry are just beginning to feel the effects of the international financial recession and are announcing lower sales for 2009, Avon is one company for which things are truly looking up. Ever since before Christmas, the number of representatives has started to increase, and ... |
12 January 2009
03:35 GMT |
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We live in tough times, as the recession is taking its toll on a lot of corporations out there. The same happens with the ones operating in the gaming industry, although a lot of analysts and executives claimed that almost all of the companies that produced or published games would be fine. We've already seen F... |
7 January 2009
15:01 GMT |
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We live in some very troubled times, and with the economy suffering from a grave recession we're bound to see some companies go out of business. Even though quite a lot of people, either analysts or representatives from companies like Blizzard or Microsoft, have said that the gaming industry is virtually recessi... |
29 December 2008
03:04 GMT |
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Electronic Arts, which has just announced less than stellar financial results for the last quarter, says that it plans to cut another 4% of its staff positions in order to streamline its operations. The company also reveals that “at least nine” of the studios creating games for the publisher will be close... |
23 December 2008
03:22 GMT |
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We live in troubled times. The global recession is getting more and more aggravated and nobody is safe from the economic crisis, whether they live in the United States, Europe or any other continent. However, even though many industries are affected by it, one has proved to be safe: the gaming one. Thus, despite the ... |
15 October 2008
02:43 GMT |
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We've all heard or read news about the current economic crisis and felt the price of gas and bread going up and up. However shallow it may sound, I'm sure the inner fashionistas in each and every one of us have asked themselves the following very selfish question: how does the recession affect our spending ... |
19 June 2008
06:52 GMT |
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Dell announced yesterday its plan to lay off up to 250 jobs from its operations centers in Dublin and Limerick. The announcement raised a wave of protest from both the company's employees and the local Irish authorities, who labeled the decision as a "bitter blow".The Irish employees at the two locations have b... |
30 April 2008
10:52 GMT |
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There's no denying that the United States is in the middle of an economic downturn launched by the real estate lending crisis and compounded by the bank crisis that has seen most important financial players lose millions and even billions of dollars in bad deals and bad credit. The question is whether the videog... |
10 April 2008
06:34 GMT |
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