April Wu

China Market Strategy

Retail News Roundup – Sep 19

The top 5 retail news clips in Asia this week.

Newspaper

1 – H&M makes bricks-and-mortar debut in Vietnam

H&M expands its global footprint with the opening of its first store in Vietnam. Located at Vincom Center Dong Khoi in Ho Chi Minh City, the new flagship store opened with a DJ performance and party. >>

2 – Canadian retailer Roots eyes Singapore, Malaysia for expansion

Canadian clothing retailer Roots is hoping an IPO will help it expand internationally, including Singapore and Malaysia. >>

3 – JD Sports enters South Korean market with Hot-T investment

The British sportswear giant amps up plans to take on South Korean market with 15 percent stake in Hot-T, as part of wider global expansion plans. >>

4 – Pagoda to open 10,000 stores by 2020, providing global superior fruits for Chinese consumers

Fruit retailer Pagoda says it is opening new stores in Mainland China at the rate of four or five a day and anticipates opening its 10,000th store by 2020. >>

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April Wu

China Market Strategy

Fast Fashion in China: Facts You Should Know About Key Players

Uniqlo and H&M dominate China market in T2-T3 cities.

fast fashion report download_in-blog banner

 

The fast fashion industry in China has been changing and continuing to grow at a moderate pace. With the increasing purchase power of middle-class, key international players all expect to expand current network over three years. From the chart < 2017 Fast Fashions Door Share in China>, we learned that Uniqlo and H&M dominate China market in T2-T3 cities. Let’s see more network planning strategies for 4 international fast fashion retailers.

fast fashion door share in china 2017

Key Findings:

  • Uniqlo spreads out nationwide and enters most of T2 & T3 cities.
  • H&M shares similar strategy to Uniqlo but focuses more on the East coast and the South.
  • Both GAP and Zara expands more conservatively in fewer cities. GAP focuses on Beijing, Shanghai and Guangzhou areas, whereas Zara spreads more evenly.

 

 

 

 

 

 

April Wu

China Market Strategy

Retail News Roundup – Aug 1

The top 5 retail news clips in Asia this week.

Newspaper

1 – Starbucks to buy out Chinese venture in its biggest deal yet

Starbucks Corp. is buying the rest of its East China joint venture in a $1.3 billion transaction, marking the biggest deal ever for a company that sees China as a huge growth opportunity. >>

2 – Jimmy Choo bought by Michael Kors in £896m deal

Luxury shoemaker Jimmy Choo has been bought by Michael Kors Holdings in a deal which values the firm at £896m. >>

3 – Amazon reportedly coming to Singapore

Amazon is said to be coming to Singapore and as soon as this week, according to a report by TechCrunch, marking the US e-commerce giant’s entry into Southeast Asia. >>

4 – Puma sportswear finds traction with footwear

German sportswear brand Puma achieved double-digit growth in all regions and in both footwear and apparel in the second quarter. >>

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April Wu

China Market Strategy

Banking News This Week – Jul 5

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

banking news_cover

1 – Korean banks seek new opportunities in Southeast Asia

Korean banks have been actively advancing into Southeast Asian countries, seeking new business opportunities in the blue ocean market. Amid toughening competition and regulation in some countries, however, experts advise that banks need consistency in their Southeast Asia strategy, based on a long term perspective. >> Read the rest of this entry »

April Wu

China Market Strategy

Retail News Roundup – Jul 4

The top 5 retail news clips in Asia this week.

Newspaper

1 – Indonesia’s 7-Eleven operator to shut all stores

Modern Internasional, the parent company of Indonesia’s 7-Eleven franchise operator, said it would close all of the unit’s convenience stores by June 30 due to “limited resources to support operations.” >>

2 – H&M sales up by 9 per cent for first half

H&M attributes the increases to continued expansion and tight cost control, including continued rapid and profitable growth of its online sales, which in some established markets already account for 25 to 30 per cent of total sales. >>

3 – Watson group planning new shops

The A.S. Watson Group plans to open 1,400 new outlets globally this year – 60 shops will be in Hong Kong – but it will not expand the electricity group Fortress. >>

4 – Spar to open 300 convenience stores in Thailand with DHL

Spar International has announced that it is partnering with logistics company DHL to establish up to 300 new convenience stores in Thailand by the end of 2020. >>

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