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IHS Markit Predicts Slowdown in Global Economy in 2019

Dateline City: CAMBRIDGE, Mass.

Trade tensions, political risks, unwinding fiscal stimulus are the biggest risks to the global economy

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Global economic growth will edge down to 3.0 percent in 2019, from a rate of 3.2 percent in 2018, according to the annual Top 10 Economic Predictions released today by business information provider IHS Markit (Nasdaq: INFO). While global growth will continue to decelerate, the economy will also become increasingly vulnerable to shocks.

Language: English Contact:

IHS Markit
Kate Smith
+1 781 301 9311
katherine.smith@ihsmarkit.com

Press Team
+1 303 858 6417
press@ihsmarkit.com

Ticker Slug: Ticker: INFO Exchange: NASDAQ @IHSMarkitFinSer

Trade tensions, political risks, unwinding fiscal stimulus... who knows what could happen to the global economy in 2019?

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Starbucks Launches Second U.S. Reserve Roastery in New York

Seattle-based coffee giant Starbucks has unveiled the latest Starbucks Reserve Roastery in New York, marking its second location in the United States and the fourth worldwide. The company’s chief design officer Liz Muller crafted the theatrical interiors in homage to the craft of coffee-making and the industrial heritage of its surroundings in Manhattan’s Meatpacking District.

Sculptural ceilings are designed with acoustic support for the three-level interior, which ties each floor together with thin, vertical wooden ribbon-like elements. Beneath a network of copper and transparent pipes, the roastery debuts its 60-foot-long Arriviamo Bar, which is conceived in homage to the Italian Aperitivo and as a complement to the neighborhood’s nightlife options.

The post Starbucks Launches Second U.S. Reserve Roastery in New York appeared first on design:retail.

Richard James Unveils First U.S. Flagship

Luxury brand Richard James has introduced its maiden flagship in the United States inside a New York landmark. Located at the intersection of Park Avenue and 57th Street, the new store signals the launch of the company’s international expansion.

Designed by Andy Martin Architecture, the 2,260-sq.-ft. interior embodies the four characteristics of the Richard James brand: reflection, transience, chroma and illusion. Divided into two main areas, ready-to-wear and bespoke, the store partitions its spaces with a translucent screen treated with dichroic film.

The post Richard James Unveils First U.S. Flagship appeared first on design:retail.

Brown Beauty Co-Op Arrives in D.C.

The Brown Beauty Co-Op has opened in the Dupont Circle section of Washington, D.C., as a new retailer for cosmetics that complement darker skin tones. DCist reports that the 1,090-sq.-ft. store arrives after seven months of planning by cofounders Kimberly Smith and Amaya Smith. The interiors are outfitted with chandeliers, bright lines and white shelving and tables that showcase products that do not exceed a price of $59.

An incubator branch is slated open onsite in 2019 with a focus on mentoring owners of independent brands in pursuit of a retail presence.

The post Brown Beauty Co-Op Arrives in D.C. appeared first on design:retail.

Smartrac Brings Experience Center to California

Courtesy of RFID Journal

 

Global RFID company Smartrac Technology Group is opening a new office and Customer Experience Center in Southern California, focused on strengthening its U.S. presence and global reach, as well as Internet of Things (IoT) solutions development. The new location is intended to broaden conversations between end users, solution providers and Smartrac. The company says the new office and center will be utilized by potential users of the technology to experiment with solutions specific to their own use cases and requirements.

The new center, scheduled to open at the beginning of next year, is part of Smartrac Group’s effort to extend its reach as it sells RFID and Near Field Communication (NFC) hardware, as well as full RFID-based solutions, to markets that include retail, luxury goods, logistics, pharmaceuticals, health care and manufacturing.

Smartrac will lead its global sales organization, product management and product marketing functions from the new site, says Amir Mobayen, Smartrac’s chief revenue officer. The office and experience center together encompass 18,420 square feet of space. Staff members who previously worked from the company’s former Santa Monica location will relocate there, while Smartrac plans to hire new employees in the surrounding Orange County area as well.

“We are looking for tech-savvy people with skills in enterprise sales, product management and product marketing, as well as experts in solutions design and development,” Mobayen states. “That also comprises knowledge in RFID hardware, computer hardware and software, IoT platforms and the Internet of Things, in general.”

Smartrac, based in Amsterdam, the Netherlands, already has a presence in the United States. Its facility in Fletcher, N.C., provides the only RFID tag manufacturing still taking place in the United States, according to Mobayen. The company also maintains a research and development software and solutions centers in Columbus, Ohio, as well as in Rochester and New York City, N.Y.

With the new Experience Center in Irvine, Calif., the firm plans to bring services to its partners, as well as to Fortune 500 company end users. The center has a focus on tailored solutions, Mobayen says, that will allow organizations to bring unique use cases to the center in order to ascertain how they could build a solution. The facility is intended to serve existing end users in addition to potential new customers.

Smartrac has seen double-digit growth in its RFID product sales, Mobayen says, especially in UHF RFID products and solutions for the retail market. However, RFID technology demand is experiencing other upticks as well, as more NFC-based solutions are being developed in conjunction with Apple’s release of iOS devices with open NFC functionality.

For several years, Apple had limited its built-in NFC functionality only for use with Apple Pay. However, the 2017 release of the latest iOS products enabled access to the NFC feature for app developers. That has led to a growth in NFC development throughout the past year.

Some of that NFC growth has been in solutions for brand authentication, Mobayen says. For instance, luxury brands are building NFC tags into the packaging of products to help vendors and consumers access authentication information by reading tags via a smartphone. NFC solutions are also increasingly being developed for consumer engagement, Mobayen adds. Shoppers can continue to engage with a brand by tapping an NFC-enabled phone to a product’s tags, enabling them to access loyalty points, place re-orders or replacement parts, or gain product information.

In addition to brand protection, NFC is being utilized for such services as inspection and certification for fire extinguishers, electrical panels and other equipment requiring regular servicing or inspection. With the NFC data, Mobayen notes, inspectors or maintenance personnel can view information regarding a particular piece of equipment, as well as create records indicating the location of each unique piece of equipment and what services were provided, along with photographs if necessary.

Many companies planning RFID deployments, especially for such use cases as brand protection, are still inexperienced with the technology, Mobayen says. For such companies—large brands or manufacturers, for instance—the center will help them to learn the basics of RFID technology use, as well as build a potential application for their own use.

What’s more, the experiential center will provide testing for solutions using UHF- or NFC-based technology, as well as sensor tags that leverage either technology type. “This is a way for us to better understand and communicate with those who use our products,” Mobayen states.

“For us, engagement doesn’t stop where the tagging starts,” Mobayen says. RFID deployments “take you on a journey,” he adds, “and we want to understand our customers’ journey and provide the [support] they need.”

The post Smartrac Brings Experience Center to California appeared first on design:retail.

McDonald’s Accepts RFID Payments in Brazil

Courtesy of RFID Journal

 

The McDonald’s fast-food restaurant chain has begun accepting RFID payments in Brazil, via the Sem Parar system commonly used for toll payments. The initiative is intended to offer greater convenience to customers throughout the country. Customers at McDonald’s drive-thru windows now have the convenience of using the Sem Parar system to pay for their meals from the comfort of their own vehicles without having to touch their wallets.

The initiative is a precursor to the solution’s planned installation of the system, in the coming months, at all McDonald’s locations that offer drive-thru services. “We are very happy with this partnership because it expands customer convenience, which is our main focus,” says Paulo Camargo, the president of Arcos Dorados Holdings, the largest independent McDonald’s franchise in the world, which manages the brand in 20 countries throughout Latin America and the Caribbean. “Consumers can choose where to buy and how to pay, which gives them a consistent consumer experience.”

“We have developed in Brazil an unprecedented payment technology in the world to offer maximum convenience to our customers,” says Fernando Yunes, Sem Parar’s president. “As the money and the card are being exchanged for handsets and applications, Sem Parar has gone a step further and created voice payments. All you have to do is say ‘I’m going to pay with Sem Parar,’ and that’s it—the account is paid.”

In addition to making the consumer experience more fluid, the agreement is strategic for both companies. For Sem Parar, it means its entry into a new market segment, and an expansion of its portfolio of urban solutions to more than 5.5 million customers. For McDonald’s, it creates customer comfort and greater speed at its drive-thru operations, in addition to fostering customers’ perception of its services as positive and innovative.

“We are very pleased to be partnering with McDonald’s,” Yunes states. “Together, we are going to improve our customers’ lives in the world’s largest fast-service network. We were born in tolls; we’ve grown fast in parking lots at malls, airports, clubs, hotels, hospitals and schools; we’ve gone into gas stations; and now we are inaugurating the solution for drive-thrus. We will facilitate our clients’ lives to the maximum, in more and more moments of their day-to-day activities.”

Recently, Sem Parar announced a similar agreement with Brazil’s Estapar parking network for automated billing via RFID-based payments. The agreement is expected to affect 1,000 lots, and the implementation is being handled by Fleetcor Technologies, which is working on the project and expects to complete it during the first quarter of 2019.

The post McDonald’s Accepts RFID Payments in Brazil appeared first on design:retail.

IHS Markit Analyst Availability for Media Requests: CES 2019

Dateline City: LONDON

World-renowned experts will be on site to address topics ranging from consumer devices to the Internet of Things (IoT) and autonomous cars

LONDON--(BUSINESS WIRE)--For journalists who follow the latest news and trends in consumer electronics and automotive, IHS Markit analysts will be available for commentary ahead of and onsite at the Consumer Electronics Show (CES) 2019 in Las Vegas, Nevada, from January 8 –11, 2019.

IHS Markit experts will be following developments from the show and can provide remarks and snap analysis on the technology and automotive topics below. Interviews can be arranged by contacting the analysts directly with copy to press@ihsmarkit.com.

Language: English Contact:

IHS Markit
Lee Graham
+1 917 806 7902
lee.graham@ihsmarkit.com

Press Team
+1 303 305 8021
press@ihsmarkit.com

Ticker Slug: Ticker: INFO Exchange: NASDAQ

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IHS Markit Expands Alternative Data Analytics by Launching Predictive Automotive Signals

Dateline City: LONDON

32 automotive stock selection and strategy signals automatically deliver investing insight from proprietary sales, production and market share data

LONDON--(BUSINESS WIRE)--IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, expanded its alternative data offering for asset managers with the launch of new stock selection and strategy signals covering the automotive sector.

Language: English Contact:

IHS Markit
Alex Paidas
+1 212 205 7101
alex.paidas@ihsmarkit.com

Press Team
+1 303 858 6417
press@ihsmarkit.com

Ticker Slug: Ticker: INFO Exchange: NASDAQ @IHSMarkitFinSer

@IHSMarkitFinSer taps deep mine of alternative data to produce trading signals covering automotive sector

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Amazon Considering Go Expansion into Airports

Seattle-based e-commerce and tech giant Amazon has revealed that it is pursuing plans to roll out its cashierless convenience store concept Amazon Go into airports. Business Insider reports that major U.S. airports including the Los Angeles International Airport and the San Jose International Airport are under consideration for future retail spaces. While the plans remain murky, it would require the company to present a public bid for retail space.

Amazon Go currently operates in Chicago, San Francisco and Seattle.

The post Amazon Considering Go Expansion into Airports appeared first on design:retail.

Delvaux Adds New London Store

Belgian luxury brand Delvaux has unveiled a new boutique along Bond Street in London that merges both British and Belgian design sensibilities. Crafted by Milanese design firm Vudafieri-Saverino Partners, the opulent retail space is housed inside a structure from 1906 punctuated with majestic windows detailed with bronze moldings.

The brand’s iconic black matte finish is featured in the design along with curved shapes of the boiserie that instill refinement and contrast the geometry of the gold-finished shelves. A striking staircase is installed as well, leading to the basement where white apparel is juxtaposed with the dark tones of the interior.

The post Delvaux Adds New London Store appeared first on design:retail.

Elphia Beauty Opens New York Concept Store

Cosmetics brand Elphia Beauty has launched its first concept store in the heart of New York’s Tribeca neighborhood. The luxury retail space serves as an apt backdrop for the company’s sustainable product line.

“Elphia Beauty represents today’s woman—ethical, strong and performance driven. Our luxury skin care products are perfectly curated to fit their active lifestyles, quick and easy to use products that take care of the skin without sacrificing time,” says Ellen Peia, CEO of Elphia Beauty. “With our new concept store you are welcome to go in, learn more about the unique development of our products and try them to have a luxurious experience.”

The post Elphia Beauty Opens New York Concept Store appeared first on design:retail.

IHS Markit to Hold Conference Call and Webcast on January 15, 2019 with Release of Fourth Quarter and Fiscal Year 2018 Financial Results

Dateline City: LONDON

LONDON--(BUSINESS WIRE)--IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, will release its financial results for the fourth quarter and fiscal year 2018 on Tuesday, January 15, 2019, before the open of market.

Language: English Contact:

IHS Markit
Investor Relations Contact:
Eric Boyer
+1 303 397 2969
eric.boyer@ihsmarkit.com

Ticker Slug: Ticker: INFO Exchange: NASDAQ

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Versace Launches New Retail Concept in Miami

Milanese fashion house Versace has bowed a new location at the Bal Harbour Shops in Miami. The opening marks the unveiling of a new retail concept crafted by Gwenael Nicolas of Japanese design firm Curiosity. The LEED Gold-certified store welcomes visitors with a black-and-white-patterned façade that contrasts the ornate interiors.

Designboom reports that pervasive gold elements allow the design to meet transparency standards while also maintaining an open dialogue across the minimalist environment. Each room is contextualized with a diamond-shaped ceiling pattern, while white displays vary in texture as they line the walls of each space. The shoe salon offsets the entire store design, clad with a jewelry box-inspired aesthetic of blue calcite that complements bronze finishes.

The post Versace Launches New Retail Concept in Miami appeared first on design:retail.

Claus Porto Unveils Diamond-Like New York Store

Portuguese soap, candle and perfume brand Claus Porto has opened a new storefront in the Nolita section of New York. The 550-sq.-ft. design features crinkled, textured wall displays conceived by Brooklyn-based firm Tacklebox Architecture. According to Dezeen, the unique display system is crafted from Portuguese cork and comprises 1,500 faceted diamond tiles that reference the tiles that adorn the Casa dos Bicos in Lisbon.

The vaulted interior design also recalls the arched portals of the São Bento train station in Porto, while a freestanding marble sink serves as the nucleus of the space. Light blue veining details the piece to match the store’s rear door.

The post Claus Porto Unveils Diamond-Like New York Store appeared first on design:retail.

U.S. Imports of Canadian Heavy Crude Have More than Doubled from 2012 Levels, New IHS Markit Report Says

Dateline City: CALGARY, Alberta

This year the United States will import more oil from Canada than all the OPEC countries combined—and four-fifths of those imports will be heavy oil

CALGARY, Alberta--(BUSINESS WIRE)--Imports of Canadian heavy crude are an increasingly important source of supply to the United States, the world’s largest refining market for such crudes, according to a new report by IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions. U.S. imports of Canadian heavy crudes will approach 2.8 million barrels per day (mbd) in 2018—more than double what they were in 2012—and could exceed 3 million mbd in 2020.

Language: English Contact:

IHS Markit
News Media Contacts:
Jeff Marn
+1 202 463 8213
Jeff.marn@ihsmarkit.com
or
Press Team
+1 303 305 8021
press@ihsmarkit.com

Ticker Slug: Ticker: INFO Exchange: NASDAQ

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Green Construction through Wood — Timber Bridges

You could get a non-repayable contribution for a construction project based on your innovative, wood-intensive bridge design.

Amazon to Launch First International Amazon Go Concept

Seattle-based e-commerce and tech giant Amazon has revealed plans to open the first international outpost of its Amazon Go concept in London’s West End shopping corridor. CNBC reports that the company is pursuing storefronts that range between 3,000 sq. ft. and 5,000 sq. ft. An additional London location also may be in the pipeline in the city’s Oxford Circus neighborhood.

Seven Amazon Go stores currently are open in the United States. Amazon aims to have a footprint of 3,000 retail spaces by 2021.

The post Amazon to Launch First International Amazon Go Concept appeared first on design:retail.

École de Pensée Opens Montreal Boutique

Canadian fashion brand École de Pensée has opened a new menswear boutique along Laurier West Avenue in Montreal. Lined with roughly textured walls, the interior is punctuated with accessories and home goods sourced from European and Japanese collaborators. Dezeen reports that the 1,800-sq.-ft. store reflects an apartment-style ambiance that aptly captures the ethos of the brand.

Clothing is suspended from black metallic racks built into walls nooks, while clean white lines of internal moldings contrast darker tones that complement the hue of the wooden floors. Custom geometric structures crafted from wood serve a variety of aesthetic complements alongside concrete blocks that function as a checkout desk and platforms for shoes. Two lounge areas are housed within the store, accented with vintage midcentury furniture designs.

The post École de Pensée Opens Montreal Boutique appeared first on design:retail.

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