Account Manager

China Real Estate

With a rebound property market, where's the potential?

There are signs of a turnaround in China’s property market. Home prices increased sequentially for the second straight month, reversing nine previous months of decline. But developers are mindful that curbs on the residential property sector remain as they seek growth through retail and commercial property. Hit by cooling measures, Chinese home prices have been on a broad downward trend for the past two years. But average home prices in China’s 100 major cities inched up 0.3% last month on a month-on-month basis, according to data from the China Real Estate Index System (CREIS).

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Account Manager

Global Retail Banking Trends

New reports emphasise that changes across the global retail banking environment continue to be driven by political, economic and technological trends.

A new retail report by Jones Lang LaSalle emphasises that changes across the global retail banking environment continue to be driven by political, economic and technological trends. These trends will lead to continued bank expansion in frontier markets, offsetting the search for greater efficiency in developed markets. The report, Global Retail Banking: Key Trends for Retail Estate, identifies that changes in global retail banking will be fuelled by increasing customer demand for innovation, flexible service capability and banks actively managing their brand’s presence in a retail environment.

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Account Manager

Rise of Convenience Stores in China

Markets in China will see a rapid increase in convenience stores over the next few years.

Convenience stores will see their Shanghai market share rise faster than big supermarkets, an industry research shows. FamilyMart, the Japanese retailer, will almost double its market share to 7.9 percent, while Hong Kong-based Watson may also expand 2.6 percent, according to a research report released by TNS Global. Bigger retailers like Carrefour and Tesco may find their profits eroded as shoppers develop brand loyalty to convenience stores, it says.

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Account Manager

Burberry in China

How does Burberry stack up to China's retail potential?

In the last post, we delved into Burberry’s past and compared it to what they have planned for the future. This week, we present you with a closer look at where Burberry has stores and how they relate to the retail market potential in each province. This should give you a better picture of where potential for growth lies. If you’re interested in more info on these areas, feel free to shoot us an email.

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Account Manager

Burberry in China

What's next for the luxury brand in China?

In 2010, Burberry Group said it would buy out its Chinese franchises in a £70m deal that will see it take direct control of its 50 stores on the mainland. Angela Ahrendts, chief executive of Burberry said the Burberry brand had more global momentum than ever in its history. It had the product innovation and supply chain to handle the fastest-growing luxury market. “Regardless of the market dynamics going on, other dynamics are in place to make this the optimum time to do [this deal],” she said.

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