Joshua Roberts

Creative Director

February 25, 2013

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Buy Local Luxury, Please

China's Xinhua news urging citizens to shop at home.

China’s consumers have taken a lot of criticism from the official Xinhua news agency saying that luxury consumers are hurting the local economy by not shopping at home. Chinese tourists have been avoiding steep luxury tariffs by flocking to Europe, The United States, and Asia in search of bargain prices.

To put things in perspective, Chinese people bought 25% of the world’s luxury goods in 2012. They spent a total of 306 billion Yuan ($49 billion), CCTV said, adding that of that money, 60% was spent abroad.

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Joshua Roberts

Creative Director

February 5, 2013

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Doors Wide Open

India's economic reforms open doors to retailers.

After two days of intense debate last September, Parliament voted down a measure prohibiting large foreign retailers who carry multiple brands, like Wal-Mart, from entering the country.

Well this is pretty great news for big box retailers that have long had their eyes on the Indian market.

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Joshua Roberts

Creative Director

January 22, 2013

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Brick & Mortar

Lenovo aims to increase its store presence in Asia.

In a time when more and more retailers are focusing on online and mobile platforms to increase turnover, many retailers are beginning to refocus effort into building better brick and mortar locations that enhance experience. This is what Lenovo is set on accomplishing over the next few years in Asia.

Lenovo currently has some own-brand stores throughout Asia, but plans to greatly increase the number to about 1,000 throughout the region.

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Joshua Roberts

Creative Director

January 15, 2013

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Eyes on Vietnam

Foreign & domestic investment is heating up in 2013.

2013 may be a landslide year for Vietnam’s retail market growth. With a population of 90 million people and growing, Vietnam shows clear signs that doors are open to multinational and domestic companies for investment and expansion opportunities.

Vietnam has seen 10 years of average annual growth of about 7 percent. This number is projected to grow in the coming years as infrastructure is strengthened and market entry becomes easier.

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Joshua Roberts

Creative Director

January 8, 2013

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Fertile Retail Ground

Uniqlo finds incredible growth in Philippines.

Uniqlo opened its first store in the Philippines in June 2012 in SM Mall of Asia, a waterfront site on Manila Bay. The mall is one of the world’s largest, boasting a floor area of 407,000 square meters.

Going large, Uniqlo opened a massive flagship store with about 1,550 square meters, making it one of the mall’s largest tenants, and entering the market with a bang.

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