April Wu

China Market Strategy

February 21, 2017

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Retail News Roundup – Feb 21

The top 5 retail news clips in Asia this week.

Newspaper

1 – Alibaba partners with Bailian Group

Chinese tech giant Alibaba Group Holding Ltd has formed a strategic partnership with retail conglomerate Bailian Group, extending a push into bricks-and-mortar retail as online growth slows. >>

2 – Online bedding retailer Koala eyes Asia

The company will initially target Hong Kong, China, Japan and Singapore, along with the UK. >>

3 – Victoria’s gets closer to Chinese women

US lingerie giant Victoria’s Secret is opening its first full assortment stores in China. Two stores will open initially, one in Shanghai and the other in Chengdu. >>

4 – High interest in wearable devices in China

While 43 per cent of urban Chinese consumers would buy wearable devices for themselves, the figure rises to 48 per cent for the 20- to 24-years age bracket, says London-based research firm Mintel. >>

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April Wu

China Market Strategy

February 7, 2017

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Retail News Roundup – Feb 7

The top 5 retail news clips in Asia this week.

Newspaper

1 – Live streaming lures China’s luxury travel marketers

As Snapchat and Instagram Stories take off in the West, China is having its own live-streaming boom, with hundreds of platforms and 24 million daily active users getting in on the trend. >>

2 – China, Japan shine in 2017 Global 500 Brand ranking

While the U.S. dominates the global brand value ranks, Asian brands — namely from China, Japan and South Korea — are increasingly valuable as brands, a recent report has shown. >>

3 – Clothing shoppers prefer stores, says YouGov

Shopping in-store is still the dominant means of buying apparel in Asia-Pacific, according to the latest study from research company YouGov. >>

4 – H&M Asia looks to eCommerce

The H&M Asia online stores will open in Hong Kong, Singapore, Macau, Taiwan and Malaysia. A sixth will open in Turkey. >>

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April Wu

China Market Strategy

January 24, 2017

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Retail News Roundup – Jan 24

The top 5 retail news clips in Asia this week.

Newspaper

1 – Hugo Boss price slash pays off in China

Affordable luxury brand Hugo Boss said 2016 operating profit would fall less than first predicted, after the German firm smashed out a fourth-quarter sales recovery thanks to increased spending in China. >>

2 – 86 percent of millennials use mobile while shopping in-store

Millennials are increasingly turning to mobile to enhance their in-store experience, with 96 percent of millennials making purchases at stores at which they used their mobile devices to shop. >>

3 – JV aims to boost Muji brand in Philippines

Specialty retailer SSI Group has signed a JV agreement with Japan’s Ryohin Keikaku in a bid to boost the Muji household supplies brand in the Philippines. >>

4 -Nike To Benefit From Opening Stores Within JCPenney Locations

Recently JCPenney announced that it is featuring designated Nike shops within more than 600 of its stores. >>

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April Wu

China Market Strategy

December 27, 2016

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Retail News Roundup – Dec 27

The top 5 retail news clips in Asia this week.

Newspaper

1 – 5 digital retail trends that will be big in 2017

Analysts and online retail watchers predict these five digital retail trends will be (or become) even bigger in the new year. >>

2 – Nike’s profit rises on stronger demand in U.S. and China

Nike Inc.’s quarterly profit rose 7% amid stronger demand in the U.S. and China, and executives defended the company’s performance amid heightened sportswear competition. >>

3 – Tencent grows international operations to help foreign brands make sense of China’s scale

Last month, Tencent officially announced the opening of a new Singapore operation that would help brands from Singapore, and the wider Asia Pacific region, get a better understanding of how to target to Chinese consumers. >>

4 -Element Fresh plans Asian franchise roll-out

Chinese international restaurant brand Element Fresh plans to grant development rights to franchisees across Asia, with an initial focus on Hong Kong, Japan, Thailand and Singapore. >>

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