April Wu

China Market Strategy

April 19, 2016

  • Tweet This
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Tweet This
  • Share by Email

Retail News Roundup – Apr 19

The top 5 retail news clips in Asia this week.

Newspaper

1 – FamilyMart to enter Malaysia ahead of TPP

The convenience store chain aims to open its first Malaysian location in Kuala Lumpur by the end of the year, with plans to launch 300 stores in the country over five years. >>

2 – Online shopping in rural China nearly doubles in 2015

ONLINE shopping is thriving in rural China, with last year’s transactions nearly double the 2014 amount, a Ministry of Commerce official said. >>

3 – Metro expands into convenience store market in China

Metro Cash & Carry said it will expand into the convenience store under the brand MyMart with two stores initially set to open in Shanghai next month. >>

4 – Asia dominates global mall development pipeline

Asian cities dominate the top 10 cities in the global mall development pipeline, according to the latest report of commercial real-estate services firm CBRE. >>

Read the rest of this entry »

April Wu

China Market Strategy

March 29, 2016

  • Tweet This
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Tweet This
  • Share by Email

Retail News Roundup – Mar 29

The top 5 retail news clips in Asia this week.

Newspaper

1 – China is the biggest growth opportunity for Samsonite in next 5 years

The multi-brand, multi-category and multi-channel strategy has proven to reap rewards as Samsonite on Thursday posted double-digit growth for the sixth consecutive year in 2015, driven largely by the growth in Europe and Asia. >>

2 – KFC owner Yum in talks with KKR over China unit stake sale

Yum Brands, the owner of KFC, Taco Bell and Pizza Hut, is in talks with KKR and other financial firms about the sale of a stake in its China business. The US firm could reportedly sell up to 20% of its Chinese operations, valuing the unit at about $10bn (£7bn). >>

3 – Aeon Mall plans ASEAN expansion

Japan’s Aeon Mall plans more shopping centres in Indonesia and Vietnam, and is also looking at possibilities in Laos, Myanmar and Thailand. >>

4 – PChome InterPay wins e-banking licence

A specialist company has obtained an electronic business licence that will enable it to serve millions of eCommerce shoppers in Taiwan. >>

Read the rest of this entry »

April Wu

China Market Strategy

March 22, 2016

  • Tweet This
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Tweet This
  • Share by Email

Retail News Roundup – Mar 22

The top 5 retail news clips in Asia this week.

Newspaper

1 – Wal-Mart Japan to focus on remodelling stores, no plans to exit market

Wal-Mart Stores expects its Japan business to focus on remodelling existing stores rather than opening new ones this year, citing fierce competition and consumer reluctance to spend freely amid uncertain economic times. >>

2 – Taco Bell to open first store in China

Yum! Brands (YUM), which owns the Mexican fast food chain, plans to open its first store in China by the end of this year. >>

3 – China’s affluent spend more on experiences while luxury shopping remains “steady”

While Chinese luxury consumers still love to shop for their Chanel and Hermès handbags, a new report finds that they’re continuing to allocate a growing portion of their leisure spending to luxurious experiences such as travel and spa treatments. >>

4 – Li Ning skips out of the red

hanks to a health boom on the mainland, Chinese sportswear brand Li Ning has skipped out of the red to turn a modest profit after three years of losses. >>

Read the rest of this entry »

April Wu

China Market Strategy

March 16, 2016

  • Tweet This
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Tweet This
  • Share by Email

Banking News This Week – Mar 16

The top 5 banking news stories in emerging markets this week.

banking news_cover

1 – Aussie companies eye Asian opportunities

The dairy co-operative is spending up to $300 million on a new factory in western Victoria to help feed the insatiable appetite for infant formula in Asia. >>

2 – Vietnam: Domestic banks look hard for foreign strategic partners

Restrictions in finance and governance force domestic banks to look for support from foreign partners to help them grow rapidly in the context of rising competition from the country’s integration into the world market. >>

3 – Thailand signs bank-access agreements with Malaysia, Philippines

Malaysia’s central bank said on Monday it has signed agreements with its counterparts in Thailand and the Philippines on market access and operational flexibility for lenders, as the Asean countries move towards an integrated banking market. >>

4 – FNB plans to cut 600 jobs, close branches

FirstRand Ltd.plans to close branches and cut jobs at its South African retail-lending unit as customers switch to digital banking and the continent’s biggest lender by market value responds to an economy on the brink of a recession. >>

Read the rest of this entry »

April Wu

China Market Strategy

March 15, 2016

  • Tweet This
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Tweet This
  • Share by Email

Retail News Roundup – Mar 15

The top 5 retail news clips in Asia this week.

Newspaper

1 – In the retail realm, the bookworm turns

Since 2010, many bricks-and-mortar bookshops have been forced to close or move to cheaper, more remote locations. However, last year alone, 10 new bookstores opened in Shanghai, many in prime downtown areas. >>

2 – Woodland eyes global expansion, to open stores in countries like Russia and China

KOLKATA: Footwear and outdoor gear brand Woodland is looking to expand its international presence significantly by opening stores in countries such as Russia, China, Malaysia, Singapore, Canada and the UAE. >>

3 – Adidas in China stores rush

German sportswear maker Adidas will open 3,000 new stores in China by 2020, counting on rising affluence and health- awareness in the country to boost its global business. >>

4 – Hugo Boss China to close 20 stores

Hugo Boss China says it will close 20 stores to reduce losses. >>

Read the rest of this entry »

Page 1 of 8312345...102030...Last »