UK online shopping more popular than ever – despite economic crisis

May 9th, 2012

London, United Kingdom (PRWEB UK) 9 May 2012

The UKs industry association for e-retailing, Interactive Media in Retail Group (IMRG) recently announced figures showing that despite the global economic downturn, online shopping in the UK is up 16% from last year. This is inline with Milan Direct’s results which has seen record growth since its expansion to UK.

According to the same group, the UK is currently Europes leading e-retail economy with sales estimated at ?68.2 billion in 2011. With an estimated 37 million online shoppers, e-retailing now accounts for 17% of all retail sales in the UK.

While the figures are no doubt pleasing to online retailers, the results themselves did not come as a surprise to the UKs newest online furniture retailer, Milan Direct.

Trading solely online, Milan Direct offers UK shoppers an attractive alternative to traditional furniture shopping. Specialising in the sale of high quality, yet affordable reproduction furniture, a virtual store provides the company with the perfect selling platform according to managing director, Dean Ramler.

Mr Ramler explained many shoppers are increasingly favouring online shopping due to its clear benefits of ease, competiveness and affordability.

Online shopping is quick, fast, simple and most importantly cheap. With online stores shoppers can quickly compare products and prices, finding the best deals in probably the same time it would take to travel to just one physical retail store.

And while initially some people may have had concerns about the quality of online products, review websites and the virtual word-of-mouth mean retailers must be able to back up any claims they make about their products

Online retail stores have become a true win win situation for savvy shoppers, said Mr Ramler.

And it seems the winning situation is extending to those retailers smart enough to ignore the naysayers in the early days of online shopping.

When Milan Direct began, people didnt hold back in sharing their opinion of online shopping. Countless times we were told no one would ever buy furniture online. However with shopping trends in the UK, such as those recently reported, online retailers and consumers have clearly proved the critics wrong.

Its not that surprising really, when youre offering quality products, at great prices, with a full money back guarantee people are more than happy to give online shopping a go regardless of whether theyre shopping for furniture or not.

Its our aim to make designer living a reality for everyone in the UK. Whether youre shopping for shaggy rugs, normal rugs, office chairs or sofas, theres a quality Milan Direct reproduction designer piece to match.

With just a few clicks of the mouse your stylish new shag rug can be on its way to your door in a matter of days, said Mr Ramler.

The Milan Direct range offers premium-end reproductions of modern-retro designs. The company offers fast delivery across the UK and includes a 7-day money back guarantee on all purchases.

Visit Milan Direct website to see the full range of products.







Developing Economies to Spike the Demand for Paper Packaging Materials, According to New Report by Global Industry Analysts, Inc.

April 26th, 2012

San Jose, California (PRWEB) April 26, 2012

Follow us on LinkedIn The paper packaging industry, similar to the other industries is highly sensitive to economic upheavals. Some of the factors which have had enormous impact on the global packaging industry during the past few years include the global economy slowdown and volatility in raw material, transportation and energy costs. These apart, climate change emerged as a key factor instrumental in changing shape of the industry. Even before the recession of 2008-09 surfaced, demand for paper and board packaging had slowed mainly owing to the growing environmental concerns, and falling growth rate in GDP levels of major markets including the US, Japan and West European countries. Demand in the paper packaging market is mainly sustained by factors such as affordability and recyclability. A positive trend in paperboard and corrugated boxes market is an increase in non-durable products shipments, as they account for over 3/4th of demand for boxes. Growth in the market for durable goods, which utilize costly and large boxes, is identified as an important factor influencing demand for paper packaging materials. Currently, the impact of the eurozone debt crisis has been relatively insignificant on the paper packaging markets. However, a persistent and strong decline in consumer spending on non-durable goods could eventually affect corrugated box sales in the long run. Currently the bearing of volatile economic conditions is limited to the extent of reduction in inventory levels of raw materials used in production of corrugated boxes.

Majority of international companies are striving for continuous improvement and innovation to effectively address the growing competition within the industry, and from substitute materials such as plastics. Despite making inroads into several niche applications, paper-packaging materials are replaced by plastic films and composites with enhanced properties, in traditional applications. Carry-out and prepared foods, beverage cartons and shipping sacks represent high growth potential areas for paper packaging, while the industry is likely to lose its share in milk cartons, retail bags/cartons and egg cartons. Demand for containerboard is forecast to grow at a gradual pace over the near future, mainly due to the ban on usage of plastic bags in select markets. However, the rising popularity of reusable bags and availability of alternative packaging products other than containerboard is forecast to moderate the growth pace to some extent. Increasing demand from end-use markets and penetration into new applications have also resulted in significant technological developments in converting and manufacturing stages of paper packaging materials. Enhanced printing technologies, product quality and uniformity, and incorporation of high graphics have become a common feature in the paper packaging materials market.

As stated by the new market research report on Paper Packaging Materials, Asia-Pacific represents the largest market worldwide. The other significant market is the US, which is a major producer and consumer of paper and paper products. Asia-Pacific, primarily led by China, is forecast to enjoy a strong growth in paper packaging materials consumption. Consumption of virgin grade boxboard is expected to rise in these markets due to an increased demand for high-quality packaged goods from the rising middle class consumer group. The trend is also forecast to offer significant profit margins to manufacturers in the region. Segment-wise, containerboard materials, used primarily for manufacture of corrugated boxes, represent the largest product category. Cartonboard, which includes folding boxboard, solid bleached board, and white lined chipboard among others, represents the second largest segment. Low cost structure of certain waste-based grades such as schrenz, wellenstoff, and testliner has made them prominent, as these provide a cost-effective alternative for both fiber-rich and fiber-poor regions worldwide. New flute structures are likely to play a major role in enhancing the competitiveness of containerboard and corrugated boards, as against folding cartons.

Major players in the marketplace include DS Smith PLC, Georgia-Pacific Corporation, Graphic Packaging International, Holmen AB, International Paper Company, MeadWestvaco Corp., M-Real Oyj, Mayr-Melnhof Group, Oji Paper Co., Ltd, Smurfit Kappa Group Plc, RockTenn Company, Stora Enso Oyj, Svenska Cellulosa Aktiebolaget, UPM-Kymmene Corporation, and Weyerhaeuser Company.

The research report titled “Paper Packaging Materials: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of trends, issues, strategic industry activities, and profiles of major companies worldwide. The report provides market estimates and projections (000 Metric Tons) for global and regional markets including United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China and Rest of Asia-Pacific), Latin America and Rest of World. Product segments analyzed include Containerboard, Cartonboard, Packaging & Wrapping Paper and Other Paperboard.

For more details about this comprehensive market research report, please visit

http://www.strategyr.com/Paper_Packaging_Materials_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Follow us on LinkedIn

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/


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Global Watches Market to Reach US$46.6 Billion, While Clocks Market to Record US$5.4 Billion by 2017, According to a New Report by Global Industry Analysts, Inc.

April 13th, 2012

San Jose, California (PRWEB) April 13, 2012

Follow us on LinkedIn The recent economic recession has brought about a significant demographic change in the demand for luxury watches, as the momentum in the market shifted away from developed markets such as US and Europe to developing regions such as Asia-Pacific and Latin America even in countries such as Saudi Arabia, and UAE. Booming economies, increase in income levels and discretionary spending in most of the developing markets, particularly China, India, and Brazil are driving demand for expensive watches and clocks in these regions. Limited edition watches developed by leading brands such as Patek Philippe, Rolex, Richard Mille and Cartier have witnessed tremendous demand particularly in emerging markets. Piaget, registered single-digit growth in 2009 despite economic recession, mainly due to demand for its range of luxury watches in emerging economies. After posting significant decline in dollar sales in 2009, Luxury watches market in Europe and the US is now steadily regaining lost ground, owing to resurgence in global economy. With improvement in discretionary incomes, consumers are gradually shifting from away considering watches as once-in-a-lifetime purchase to buying wide array of watches to complement outfits, hobbies and their social status. The products gaining major importance are the ones with fashion statement complemented with simple designs. Various materials in different colors and finishing are used for housing and casing and for wristbands such as leather, plastic, metal and wood. In the EU, where nickel is banned for use in watches, stainless steel requiring no electroplating shows a growing demand. Digital sports watches are also gaining market share on the grounds of sport-related promotional campaigns and growing health awareness.

Rising income levels and increasing purchasing power of many young affluent professionals provides an opportunity for watch manufacturers to tap substantial demand for ultra luxury watches. As an effort towards this end, global luxury-watch brands are competing with each other to introduce innovative watches with new technology, design and materials. Key luxury watch companies across the globe are focusing on meeting all the necessary prerequisites for competing with the Swiss manufacturers such as Rolex, Swatch Group and Richemont, which lord over luxury watch segment. Presenting watches that feature advanced capabilities such as use of robots, hi-tech coating, and advanced materials such as ceramics and titanium, Swiss manufacturers have set a standard in luxury watches market. Switzerland continues to reign as a worldwide leader in watch production, banking on strength of its luxury watch business. Swiss watches are preferred for their high quality and low cost. Asia, particularly, Japan and Singapore are major markets for Swiss watches.

Price of watches depend upon the material used for making watches. For instance, the watches made by using electronic gadgets will cost lesser than the watch made by using non-electronic materials such as diamonds, gold or silver. The cost of electronic watches ranges from US$ 50 to US$ 100, while the cost of diamond watches is in thousands of dollars. Watches in luxury (US$ 1000-US$ 5000 pricing category garnering a substantial share of the market, lost their sheen during 2009, especially in mature markets such as US and Europe as consumers found it difficult to justify big spending. In direct contrast to the scenario, mass (Under $ 50) priced watches are fared relatively better than the expensive versions during recession. Steady sales of mass-priced watches, including plastic watches stand testimony to the recession induced change in consumer perspective over purchase of watches and clocks. However, given that the consumers search for a sturdy value proposition is a common thread that runs through all market segments, expensive watches featuring bold and innovative themes continued to find buyers despite difficult economic conditions, while classic watches found demand as collectors items.

Europe represents the largest worldwide market, spurred by consumer confidence, emerging fashion trends and new product developments, as stated by the new market research report on Watches and Clocks. The European market is led by analog timepieces and demand for clocks, watches and components are mainly driven by fashion trends rather than technological developments. Innovations therefore, are mainly in the form of design changes. Asia-Pacific, led by China, Hong Kong, India, Taiwan and others is forecast to record the fastest gains at a strong CAGR of 3.6% though 2017.

Major players profiled in the report include Bulgari, Bulova, Cartier SA, Casio Computer Co., Ltd., Chopard, Citizen Holdings Co., Ltd., Compagnie Financi?re Richemont International, Fossil, Inc., Gucci Group, Hermes International, Hindustan Machine Tools, Junghans Uhren GmbH, LVMH Moet Hennessy Louis Vuitton SA, Tag Heuer International SA, Movado Group, Inc., Patek Philippe SA, Rhythm Watch Co., Ltd., Rolex SA, Seiko Holdings Corporation, Seiko Corporation of America, The Swatch Group Ltd., Timex Group USA Inc, Timex Group India Ltd., Titan Industries Ltd., among others.

The research report titled Watches and Clocks: A Global Strategic Business Report announced by Global Industry Analysts Inc., provides a comprehensive review of the watches and clocks markets, current market trends, key growth drivers, recent product introductions, recent industry activity, and profiles of key/niche global and regional market participants. Market estimates and projections in this study are presented for the following geographic markets US, Canada, Japan, Europe, Asia-Pacific, the Middle East, and Latin America. Key product segments for watches analyzed include, Mass (Under $ 50); Middle ($ 50 – $ 299); Upper ($ 300 – $ 999) and Luxury ($ 1000 – $ 5000). The study also provides historic data for an insight into market evolution over the period 2003 through 2008.

For more details about this comprehensive market research report, please visit

http://www.strategyr.com/Watches_and_Clocks_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Follow us on LinkedIn

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/





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The World of Disney Explores Alaska

March 31st, 2012

Tucson, AZ (PRWEB) March 30, 2012

Canada and New England, Panama Canal and the Mexican Riviera as well. Tucson-based travel planner Gateway Destinations is pleased to announce Disney Cruise Line? destination of Alaska!

Disney Cruise Line? offers several 7-day sailings to Alaska from Seattle, WA in 2012, and Seattle or Vancouver, Canada in 2013. At each port of call, cruisers will have the opportunity to see incredible sights such as the Twin Sawyer Glaciers, ride on the White Pass & Yukon Route Railway, see the largest collection of 19th century totem poles, as well as visiting the states capital, Juneau. Travelers can opt for additional exploration choices through a wide variety of exciting Port Adventures.

Alaska is the perfect destination for a family vacation, and Disney Cruise Line? offers something for family members of all ages. In addition to an endless choice of childrens activities, Disney offers extensive adult-only activities including dining, spa, pool, theater show and nightclub and lounge options. As a result, cruising with Disney is the ideal way to travel for inter-generational groups.

For further information about Disney Cruise Line? to Alaska or other cruise options, contact Jan Acorn, Travel Consultant and owner of Gateway Destinations, 888-429-1242. You may also visit their website at http://www.gateway-destinations.com.

About Gateway Destinations

Gateway Destinations, LLC, affiliated with Signature Travel Network, provides custom travel planning services for individuals, couples and small groups to Alaska, Hawaii and foreign destinations, specializing in Europe. In addition, Gateway creates custom theme-based tours, including guided tours for women.





SPIE Joins in Celebration of 25th Anniversary of Optics and Photonics Excellence at CREOL

March 18th, 2012


Bellingham, Washington, USA (PRWEB) March 16, 2012

Leaders of SPIE, the international society for optics and photonics, participated in the celebration this week of the 25th anniversary of the founding of CREOL, the College of Optics and Photonics at the University of Central Florida in Orlando.

The two-day celebration included a technical symposium highlighted by talks by Nobel Laureates as well as speakers including several Fellows of SPIE.

SPIE President Eustace Dereniak (College of Optics, University of Arizona) presented a congratulatory plaque on behalf of the society to Bahaa Saleh, Dean and Director of CREOL and a Fellow of SPIE, during an awards banquet Thursday evening attended by some 300 guests.

SPIE and CREOL have enjoyed a longstanding and mutually beneficial relationship Dereniak said, underscoring the connections between the two organizations. CREOL has supported the growth of our Defense, Security, and Sensing symposium for many years, and has been home to an SPIE Student Chapter for over 15 years. M.J. Soileau, one of CREOLs founding directors, served as SPIE President and received the societys highest award, the Gold Medal.

Soileau, who now serves as Vice-President for Research and Commercialization at UCF, was the featured banquet speaker. Charles Townes (University of California, Berkeley), Nobel Laureate in Physics in 1964 for his work in the development of the laser and an SPIE Fellow, was present to join in toasting CREOLs past accomplishments and future prospects. The laser institute at CREOL is named in Townes’ honor.

John Jan Hall (JILA, National Institute of Standards in Technology and University of Colorado, Boulder), Nobel Laureate in Physics in 2005, spoke Thursday about progress in laser technology and a space experiment to test Einsteins assumptions.

Nicolaas Bloembergen (College of Optics, University of Arizona), Nobel Laureate in Physics in 1981, gave a talk on talk Friday about the origin of nonlinear optics.

Also on the program were SPIE Fellows Brian Culshaw (University of Strathclyde), a Past President of the society, and James Pearson, an early CREOL Industry Affiliate and former Executive Director of SPIE now associated with CREOL as a Special Consultant. SPIE Fellow John Pellegrino (U.S. Army Research Lab) and SPIE CEO Eugene Arthurs also attended.

Other Fellows of SPIE on the faculty at CREOL are:


????Leonid Glebov
????James Harvey
????Guifang Li
????Winston Schoenfeld
????Eric Van Stryland
????Shin-Tson Wu
????Larry Andrews
????Cynthia Young.

CREOL was organized in 1986 with the mandate to be a center of excellence in optics and lasers in research and education, and to act as an intellectual, scientific and technical resource to the optics and photonics industry. Since then, CREOL has formed strong bonds with industry, has become a major force in Florida’s laser and photonics community, and is a prime source of highly educated talent in the optics and photonics field.

See more details about CREOL and the anniversary celebration on the event website.

About SPIE:

SPIE, the international society for optics and photonics, was founded in 1955 to advance light-based technologies. Serving more than 225,600 constituents from 150 countries, the Society advances emerging technologies through interdisciplinary information exchange, continuing education, publications, patent precedent and career and professional growth. SPIE annually organizes and sponsors approximately 25 major technical forums, exhibitions and education programs in North America, Europe, Asia and the South Pacific. SPIE provided over $ 2.5 million in support of education and outreach programs in 2011.





Global Choline Chloride Market to Reach 515.3 Thousand Tons by 2017, According to New Report by Global Industry Analysts, Inc.

March 5th, 2012

San Jose, California (PRWEB) March 05, 2012

Follow us on LinkedIn Choline chloride, a derivative of methylamine is primarily used as a vitamin substitute or supplement in animal feed additives for poultry, swine feed and fish farming. Choline deficiency in growing chick or poultry results in poor growth, perosis (slipped tendon) and inefficient use of feed. In swine, lack of choline leads to spraddle or splayed legs in new borns, poor reproduction and lactation, and fatty infiltration of liver besides effecting growth. Choline chloride is also classified as a vitamin B- complex, essential for a number of important biological functions. Choline chloride is also used as a catalyst, a neutralizing agent, and as a curing agent. Most popular amino acids in the feed sector include lysine and methionine. The market for methionine, which is widely used as poultry feed additive, is expected to grow steadily on account of increasing demand for poultry products worldwide. Lysine is another important feed additive. There has been a significant increase in demand for lysine, primarily due to increased usage in the growing swine and poultry markets. Among all the vitamins, choline accounts for a major share in terms of volume consumption. Other important vitamins in feed additives include vitamin A and vitamin E.

Central and South Americas and the Far Eastern countries, particularly China, primarily constitute the fastest growing markets for choline chloride. However, during the recent years, demand in all the regions including the developing as well as mature markets declined marginally, mainly due to the global meltdown. Going forwards, the market is expected to grow robustly in the ensuing years, particularly in the developing regions. As living standards in these countries are improving steadily, poultry consumption is being looked upon more favorably than beef or pork. Existing capacity for feed additive production in rapidly growing markets such as China is insufficient to meet the growing demand for lysine, and vitamins and other animal health care products. In developed countries of Europe and America, rising preference for low calorie foods is also helping to drive poultry demand and in turn, boosting prospects for choline chloride market. However during the recent past, market demand in all regions including the developing as well as matured regions declined marginally, mainly as a result of the global meltdown. Going forward, the market is expected to grow strongly in the ensuing years, particularly in the developing regions.

Asia-Pacific, driven by incessant growth in China emerges as the key market for Choline chloride, garnering the largest share of the global market, as stated by the new market research report on Choline Chloride. The Asian market is also slated to drive home maximum gains at a sturdy compounded annual growth rate of 6.3% through 2017. Rapid development of Chinese feed industry has led to significant demand expansion for choline chloride, as the chemical is largely used as a nutrient substitute in animal feeds. China, by virtue of being the most populous country and one of the rapidly developing economies in the world, offers substantial scope for development, particularly in the broiler and swine feed markets. By end-use, Poultry feed segment constitutes the largest and fastest growing market, driven by surging demand for methionine, widely used as poultry feed additive.

Key participants profiled in the report include Balchem Corporation, BCP Ingredients Inc., BASF SE, Be-Long Corporation, DSM Nutritional Products, JJ Choline Limited, Taminco, and Xuzhou Havay Feed Co. Ltd.

The research report titled Choline Chloride: A Global Strategic Business Report announced by Global Industry Analysts Inc., provides a comprehensive review of the Choline Chloride markets, impact of recession on the markets, current market trends, key growth drivers, recent industry activity, and profiles of major/niche global market participants. The report provides annual sales estimates and projections for the years 2009 through 2017 in volume (tons) terms for geographic markets including, US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World. Key end-use segments analyzed include Poultry Feed, Swine Feed and Other End-use Applications. The study also provides historic data for an insight into market evolution over the period 2003 through 2008.

For more details about this comprehensive market research report, please visit

http://www.strategyr.com/Choline_Chloride_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Follow us on LinkedIn

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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eFinancialCareers Q4 2011 Job barometer: A tale of two halves

February 21st, 2012


London (PRWEB UK) 21 February 2012

By late 2010, the global banking and finance industry had demonstrated its resilience, and by mid-2011, most of the numbers depicted an industry that had emerged from the 2008 financial crisis. By the second half of 2011, however, banks and financial institutions were impacted by the sovereign crisis in Europe and the depressed global economic outlook. The number of job opportunities for finance professionals in the UK, Continental Europe and APAC in 2011 mirrored the market, posting growth in the first half of the year, followed by a decline in the second half. In those regions, the number of job opportunities increased 4% year-on-year for the quarter ended December 31, 2011, from 7,254 average daily job postings in Q4 2010 to 7,515 in Q4 2011. Asia Pacific recorded the strongest growth (+6%) over the period, followed by Continental Europe (+4%) and the UK (+2%).

Chart : Average daily job postings in the UK, Continental Europe and Asia Pacific, Q4 2010 and Q4 2011 (please contact press office if you are unable to view the table)

Source: eFinancialCareers

Moderate growth in the UK

The number of job postings for finance professionals in the UK showed an overall year-on-year growth of 2% in the fourth quarter of 2011. The number of job opportunities declined by 8% from Q3 to Q4 2011. In a normal market environment, recruitment activities in the Front office tend to slow down in the last quarter of the year as professionals wait for their bonus payouts before making a move. On the recruiter side, this is an expensive period to hire as they need to buy out a large proportion of their bonus to snap up top talent. This quarters slowdown, however, is more likely to be a reflection of the market uncertainty rather than costs or bonuses.

Top sectors advancers and decliners

When looking at Q4 2011 over the preceding quarter, positive growth in the number of job opportunities was recorded in private equity/venture capital (+6%), hedge funds (+ 6%), and compliance/legal (+5%).

Three sectors registered strong losses over the same period: operations (-28%), consultancy (-23%) and equities (-20%).

Table: Top sector Advancers and Decliners in the UK, % change in job postings by sector, Q4 2011/Q3 2011

Private Equity / Venture Capital????6%????Operations????-28%

Hedge funds????6%????Consultancy????-23%

Compliance/Legal????5%????Equities????-20%

Source: eFinancialCareers

The private equity sector has been more reluctant to make redundancies than other areas of finance, and has instead encouraged a proportion of partner level employees to retire to make cost-savings. This has prompted some internal promotions and therefore a need to recruit externally to replace those moving up. eFinancialCareers is also seeing pockets of hiring activity within certain sub-sectors, notably distressed-focused investors and for private equity professionals with mid-market experience.

Banks and financial services firms have been deluged with a number of new regulatory initiatives, which has increased the burden on their compliance teams. In the past, banks were reluctant to hire for non-revenue generating positions, but mandatory regulation has placed too great a strain on their compliance teams and they have been forced to bolster these divisions.

Hedge funds performance was badly affected throughout 2011, but some smaller funds have held up relatively well and a raft of start-ups throughout the year has ensured a steady uplift in the number of roles. While the larger funds have cut back headcount in recent months, there are still opportunities within technology and operational functions.

Demand for operations professionals has suffered most over the period, recording a decrease of 28% in the fourth quarter of 2011. Banks have been looking for cost-efficiencies through streamlining their operational functions. Very often this means combining back office teams across multiple platforms, a shared services model, or offshoring (or near-shoring) these functions to cheaper locations.

It is clear that business as usual is not an option for banks and financial institutions as they grapple with a changing operating environment, comments James Bennett, Managing Director for EMEA and APAC. Ongoing concern surrounding the Eurozone sovereign debt and the volatility of the stock markets have darkened the moods, and as a result, the Citys recruitment activities have been focused more on replacement and restructuring hiring rather than new hires. Looking forward into 2012, eFinancialCareers believes this pattern of recruitment activity will continue until there is more clarity on some of the issues impacting financial services.

Notes to editors

The eFinancialCareers Quarterly Barometer tracks

UK positions advertised on eFinancialCareers in sectors where there is a minimum level of 300 advertised jobs a month for the quarter. Sectors qualifying for the UK Barometer for the three months ended 31 December 2011 were Private Equity / Venture Capital, Investment Banking / M & A, Sales & Marketing, Corporate Banking, Credit, Consultancy, Research, Trading, Debt / Fixed Income, Hedge Funds, Accounting & Finance, Commodities, Derivatives, Information Technology, Equities, FX & Money Markets, Asset Management, Capital Markets, Quantitative Analytics, Compliance / Legal, Risk Management, Private Banking / Wealth Management, Operations.

For media enquiries or to arrange an interview with eFinancialCareers, please contact:

Anne Bourgeois

abourgeois(at)efinancialcareers(dot)com

M: +44 (0) 7432 736 221

About eFinancialCareers

eFinancialCareers, a Dice Holdings, Inc. service, is the leading global career site network for professionals working in the investment banking, asset management and securities industries. The website provides financial services professionals with job opportunities, job market news and analysis, salary surveys and career advice. Recruiters and employers can post jobs targeting specific sectors within the financial services industry, both buy-side and sell-side, and can search the resume database for highly qualified and specialized professionals. eFinancialCareers has a network of co-branded career sites with industry-leading trade publications and offers local websites in 19 markets and five languages primarily across North America, Europe, the Middle East and Asia-Pacific. http://www.eFinancialCareers.co.uk

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Melrose Jewelers Offers Comprehensive 2 Year Warranty on Rolex Watches

February 8th, 2012


(PRWEB) February 08, 2012

Rolex Watches are in high demand this Valentines season. Taking into account the increasing demand for Rolex Watches, Melrose Jewelers has decided to offer 2 year comprehensive warranty on its mesmerizing collection of Rolex Wristwatches for the convenience of its esteemed customers. As Valentines Day is around the corner people are busy looking for perfect gifts for their loved ones and Rolex watches are the best gifts for loved ones to make their day special.

Krishnan Agarwal, President of Melrose Jewelers stated, Melrose Jewelers is renowned online retailer of men and womens pre-owned Rolex watches around the world. All of our watches are adjusted for timing prior to shipment and must pass stringent tests to meet over 50 additional quality specifications (e.g. case luster, band tightness, crystal gloss, diamond color/clarity, etc.).

In order to provide best service to its customer each product goes through five-hour polishing and timing-adjustment process in order to meet or exceed factory chronometer specifications. As a result, the collection of watches offered is warranted to be free of any manufacturing or assembly defects for two years unless otherwise noted on the product page.

Melrose Jewelers offers elite and classy watches that are adored by people who like to exhibit rare and trendy watches to make a fashion statement. These scintillating watches are available at reasonable prices and designs to cater to the needs of its customers. Rolex Watches have technically advanced features and enchanting looks that are loved and admired by watch lovers around the world. The wide varieties of Rolex Watches offered are contemporary and sporty and at the same time are stylish. Other varieties of watches available are Rolex Daytona, Rolex Submariner and Rolex Yachtmaster to name a few.

Melrose Jewelers is also a respected member of watch industry and a proud member of Gemological Institute of America (GIA) and the Jewelers Vigilance Commission (JVC). Founded in 2008, Melrose Jewelers operates its retail website in the United States, the United Kingdom, continental Europe, Latin America, Asia, and the Middle East, and ship thousands of watches per year to customers all over the world.

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SynCardia Selected as a Finalist for the 2012 MEDTEC Europe Innovation Awards

January 26th, 2012


Tucson, Ariz. (PRWEB) January 26, 2012

SynCardia Systems, Inc., manufacturer of the worlds first and only FDA, Health Canada and CE (Europe) approved Total Artificial Heart, announced today that it has been nominated for one of the most prestigious awards in the European medical device industry.

The Freedom? portable driver, the worlds first wearable power supply for the SynCardia temporary Total Artificial Heart, has been shortlisted for Most Innovative Cardiac Product of the Year as part of the MEDTEC European Medical Device Technology (EMDT) Innovation Awards. The Awards are the only European awards dedicated to recognizing achievements in the medical device sector.

These awards are regarded as a universal benchmark of quality within the medical-device industry, said Michael Garippa, SynCardia CEO/President. Being shortlisted is a tremendous achievement. The Freedom portable driver has been pivotal in the Total Artificial Heart becoming the new standard of care for end-stage biventricular heart failure.

Weighing approximately 6 kg (13.5 lbs), the Freedom portable driver allows stable Total Artificial Heart patients to be discharged from the hospital to enjoy life at home while they wait for a matching donor heart. The Freedom driver is CE approved for use in Europe and undergoing an FDA-approved Investigational Device Exemption (IDE) clinical study in the U.S. More than 70 patients worldwide have been supported by the Freedom driver, accounting for more than 24 years of patient support.

This years winners will be announced on March 14, 2012, at a special ceremony during MEDTEC Europe 2012, in the Atrium of the Messe Stuttgart in Stuttgart, Germany.

About the SynCardia temporary Total Artificial Heart

SynCardia Systems, Inc. (Tucson, AZ) is the privately-held manufacturer of the world’s first and only FDA, Health Canada and CE approved Total Artificial Heart. Originally used as a permanent replacement heart, SynCardia’s Total Artificial Heart is currently approved as a bridge to transplant for people dying from end-stage biventricular heart failure. There have been more than 950 implants of the Total Artificial Heart, accounting for more than 230 patient years of life.

Similar to a heart transplant, SynCardia’s Total Artificial Heart replaces both failing heart ventricles and the four heart valves, eliminating the symptoms and source of end-stage biventricular failure. Unlike a donor heart, the Total Artificial Heart is immediately available at SynCardia Certified Centers and does not require expensive anti-rejection medication, which can cause subsequent complications. It is the only device that provides immediate, safe blood flow of up to 9.5 liters per minute through both ventricles. This high volume of safe blood flow helps speed the recovery of vital organs, helping make the patient a better transplant candidate.

SynCardia Ranked #20 Among World’s 50 Most Innovative Companies

In March 2011, Fast Company magazine ranked SynCardia #20 in its annual list of the “World’s 50 Most Innovative Companies” for “giving mobility to artificial heart recipients.” Weighing 13.5 pounds, SynCardia’s Freedom? portable driver is the world’s first wearable driver designed to power the Total Artificial Heart both inside and outside the hospital. The Freedom driver is CE approved for use in Europe and undergoing an FDA-approved Investigational Device Exemption (IDE) clinical study in the U.S.

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Global Online Services Market to Reach US$230.3 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

January 13th, 2012

San Jose, California (PRWEB) January 13, 2012

Follow us on LinkedIn As the internet evolves and mutates, a new breed of online trading takes shape, and the once solely advertising supported content sites/websites are being sustained by two additional revenue pillars – subscriptions and pay-per-view models. The internet is a constantly evolving sphere throwing up opportunities, and risks for the service providers, and the latest trend taking shape is the gradual tapering of the amount of free information slipping through to the surfer. Awaiting the wings of change is a new commercial business model in the making, built on the concept of paying for online information required. The online industry is mutating from a free, advertising based model into a pay and use model, and with broadband gaining widespread adoption, the economics of high-value broadband content works distinctly in favor of this new emerging industry. Vast amounts of online advertising, which were then free, are now charged. Willingness to purchase content online is steadily increasing and unlike the yesteryears, today, online paid content is a business phenomenon no longer bogged down by consumer reluctance to pay. Subsequently, a rising number of internet users are paying for online content, especially entertainment specific content such as music, sports, and games.

e-Commerce and e-retailing are expected to significantly impact growth opportunities in the online services market worldwide. A majority of online users all over the world are estimated to switch over to Internet shopping in the coming years. The Internet plays a critical role in sales processes. Online services for categories such as travel, property, financial services, and staff recruitment hold a promising future ahead. Companies all over the world need to realize that functional websites are the need of the hour and offer more customized services.

Although, not a mainstream content, pornography and gambling continues to generate a large percentage of the total online paid content revenues. And despite its lucrativeness, its mass-market appeal is fairly limited by societal stigmas associated with it, and major portals judicially resist the temptation of offering this, as it can lead to alienation of existing users. But, with the growing professionalization of online content, and with the development of exclusive content, other content categories such as business, investment, finance, and lifestyles are gaining in popularity, leaving pornography and gambling for the niche.

Online paid music services will continue to expand, making its pitch even as the music industry locks horns over the issue of online music piracy. Online music has now become an integral part of the modern web surfers life, and is a must have content for millions of broadband subscribers. Key reasons citied for the promising potential of online music is the ease of use of the service, easy, and convenient payment models, and its use on multiple platforms such as internet, CD-ROM, and iPOD. Above 60% of the households with access to Internet enjoy music either directly from the music sites or from downloaded digital music files stored on PCs. Amongst the regular Internet households online in a given month, around 43 million households are prospective audience for digital music. Adults in the age group of 25 to 35 represent 25% of the customer base for legal music services, as against the 19 percent representation of the teenagers in the age group of 13 to 17.

The research report titled Online Services: A Global Outlook announced by Global Industry Analysts, Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers a rudimentary overview of the industry, highlights latest trends and demand drivers, in addition to providing statistical insights. Regional markets briefly abstracted and covered include US, Canada Europe (France, Germany, Switzerland, and United Kingdom) Asia-Pacific (Japan, China, India, South Korea, and Taiwan) and Latin America. The report offers a compilation of recent mergers, acquisitions, and strategic corporate developments. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.

For more details about this comprehensive industry report, please visit

http://www.strategyr.com/Online_Services_IT_Industry_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

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Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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