April Wu

China Market Strategy

May 17, 2017

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Retail News Roundup – May 17

The top 5 retail news clips in Asia this week.

Newspaper

1 – Yum China buys Chinese food delivery company

Yum China is betting that more consumers will continue to order Pizza Hut and KFC food via their smartphones for speedy delivery to their homes and work. Yum China Holdings Inc is buying a controlling interest in online food delivery company Daojia.com.cn for an undisclosed sum. >>

2 – Alipay to be launched, and used, in Malaysia

Malaysian merchants are set to accept the use of Alipay, China’s indigenous mobile wallet, in stores around the country this month. >>

3 – SPC expands global presence

Is it possible for a Korean bakery to survive in the saturated U.S. and French markets? SPC Group has addressed such concerns, winning notable success even in the country known as the home of bread. >>

4 – China, Thailand help drive Spar network growth

Netherlands-based, franchised grocery banner Spar International is looking to China and Thailand to help continue to sustain its largest growth spurt in a decade. >>

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April Wu

China Market Strategy

May 2, 2017

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Retail News Roundup – May 2

The top 5 retail news clips in Asia this week.

Newspaper

1 – Thailand’s retail industry in resurgence?

The changing demographic and lifestyles of Thai consumers, combined with a more connected and informed population, are overshadowing the economic volatility of Southeast Asia’s second largest economy. >>

2 – Thai group plans to buy 7-Eleven Indonesia

Publicly listed Charoen Pokphand Indonesia says it will acquire the chain’s controlling company, Modern Sevel Indonesia, for Rp1 trillion (US$75 million). It expects the purchase to be completed in June. >>

3 – Affluent Asian millennials value family time, health, says study

According to the ‘Affluent Insights Luxury Study 2017’, wealthy, luxury-purchasing Asians –under the age of 35 and hailing from China, Hong Kong, and Singapore — are set to value different intangible luxuries such as family time, health and travel in the coming year. >>

4 – Coca-Cola to restructure company and cut costs

The beverage company says it plans to cut $800 million in additional annualized savings and will sell back its bottling and distribution operations to independent bottlers. >>

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April Wu

China Market Strategy

April 18, 2017

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Retail News Roundup – Apr 18

The top 5 retail news clips in Asia this week.

Newspaper

1 – Younger buyers seen as key for luxury industry

The younger generation will be key for the luxury industry in the next decade as it enters a “new normal” characterised by lower growth, new research shows. >>

2 – Miniso has big plans for India, Indonesia

Chinese variety retailer Miniso is planning to establish subsidiary corporations in India and Indonesia as well as four other territories. >>

3 – Toys R Us announces merger of its Japan and Asia businesses

The retailer is consolidating its businesses in Japan, Greater China and Southeast Asia. >>

4 – Daiso Japan ramps up expansion in Philippines

DAISO JAPAN is ramping up its store expansion this year, amid stiff competition posed by the entry of other affordable lifestyle brands from Japan, South Korea and China. >>

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April Wu

China Market Strategy

April 11, 2017

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Retail News Roundup – Apr 11

The top 5 retail news clips in Asia this week.

Newspaper

1 – China’s healthy snack trend creates opportunities

China’s healthy snack trend is creating massive opportunities for FMCG companies and retailers according to a new report from research house Mintel. >>

2 – Path-to-purchase online now involves multiple devices

Most retailers are failing to measure the impact of different devices on the path-to-purchase online, according to the authors of a new research paper. >>

3 – Forever 21 in big rollout of sister banner

Forever 21 announced a major expansion of its F21 Red division. The fast-fashion retailer plans to open more than 40 F21 stores across the United States in 2017. The first three are scheduled to open in April, in San Antonio, Texas; Bronx, New York, and Chicago. >>

4 – Burberry, Louis Vuitton and Tory Burch lead the way in digital performance, says report

The fifth edition of Contactlab and Exane BNP Paribas’ ‘Digital Competitive Map’ measures the progress of luxury brands in adapting to the trend of increasing online sales [the companies said online retail sales in the UK have increased by over +20% since their last report]. >>

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April Wu

China Market Strategy

March 28, 2017

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Retail News Roundup – Mar 28

The top 5 retail news clips in Asia this week.

Newspaper

1 – Anta Sports plans $488m share sale to fund acquisition

ANTA Sports Products Ltd plans to raise HK$3.79 billion (401 million pounds) in a share sale to fund tie-ups and acquisitions of international sportswear brands. >>

2 – The fastest growing economies in east Asia in 2017

Here are the countries that the World Bank projects will grow fastest in East Asia and the Pacific this year. >>

3 – Facebook rolls out new shopping ad format “Collection”

Facebook has launched a new shopping ad format called Collection for marketers which will help them drive retail sales on mobile. The Collection ad format allows marketers to have a video/image on top of the ad with four more products from the retailer showing below it. >>

4 – Vietnam grocer Saigon Co.op plans nearly 600 new stores

Vietnam grocer Saigon Co.op has revealed an ambitious store rollout program for 2017, adding nearly 600 stores by the year’s end. >>

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