April Wu

China Market Strategy

October 4, 2016

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Retail News Roundup – Oct 4

The top 5 retail news clips in Asia this week.

Newspaper

1 – China eyes Vietnam’s hundred-billion dollar retail market

Following Thai, Japanese and South Korean retailers flocking to Vietnam, Chinese investors are now jumping into the market. >>

2 – Boom in clothing and footwear retailing in China

The rising factor costs are a very big challenge in this price competitive market. To capture the large share of the market, manufacturers need to keep the price of their product as low as possible as if competitor’s price is lower than his price then he will lose all his market share. >>

3 – Alibaba to overtake Baidu to lead China’s digital advertising market

E-commerce juggernaut Alibaba will top China’s digital advertising market in 2016, surpassing current leader Baidu amid tighter internet advertising regulations which will likely put a dent in overall revenues. >>

4 – McDonald’s Philippines in massive expansion plan

Parent Alliance Global Group (AGI) says it will reach 500 outlets by the end of 2016 – and it plans to open another 400 restaurants between 2017 and 2020. >>

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April Wu

China Market Strategy

September 20, 2016

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Retail News Roundup – Sep 20

The top 5 retail news clips in Asia this week.

Newspaper

1 – Zara enters Vietnam with first store at Ho Chi Minh City’s Vincom Center

Zara opens its doors to its first store in Vietnam at Ho Chi Minh City’s Vincom Center. >>

2 – In Japan, department stores pin hopes on ‘around 50′ generation

Major department stores are focusing on fashion for customers who are around 50 years old, developing their own brands in the hope of boosting sluggish clothing sales. >>

3 – Mobile World Vietnam ousted from Big C

Vietnam’s largest phone retail chain, Mobile World has reportedly been asked to close its 22 outlets located inside Big C hypermarket stores. >>

4 – Final bids in for McDonald’s China business

Final bids are in from at least three groups bidding for the McDonald’s China and Hong Kong business. >>

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April Wu

China Market Strategy

September 6, 2016

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Retail News Roundup – Sep 6

The top 5 retail news clips in Asia this week.

Newspaper

1 – Alibaba to take stake in Yum China

Yum! Brands has agreed with two partners to invest $460 million into Yum China, following its spinoff from the American fast-food giant. >>

2 – Mall of Korea plans more shopping malls in Thailand

THE MALL OF KOREA (MOK), a group of Korean entertainment companies, is set to expand its business in Thailand, beginning with a new shopping mall at Show DC, scheduled to open its doors in November. >>

3 – China’s V-Grass to buy Korean youth fashion brand Teenie Weenie for nearly $900 million

South Korea apparel and retail firm E-Land Group is selling a youth clothing brand to China’s V-Grass Fashion Co Ltd (603518.SS) for nearly $900 million, cashing in on a boom in Korean fashion and cosmetics China to raise funds to cut debt. >>

4 – HappyFresh slams door on Philippines

While announcing it has raised series-B funding for an undisclosed amount, Jakarta-based grocery delivery platform HappyFresh has revealed that it is pulling out of the Philippines and Taiwan. >>

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April Wu

China Market Strategy

August 23, 2016

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Retail News Roundup – Aug 23

The top 5 retail news clips in Asia this week.

Newspaper

1 – H&M opens first store in Mumbai at High Street Phoenix

H&M opens first store in Mumbai at High Street Phoenix. >>

2 – Digital payments are shaking up Asia’s credit card industry

The shifting attitude of Asian consumers is upending the economics of the credit-card industry, and banks like Citigroup Inc., HSBC Holdings Plc and Standard Chartered Plc are taking note. >>

3 – Ikea Group China launching eCommerce trial

Swedish home furnishings retailer Ikea Group China will launch into eCommerce in Shanghai and start selling its products online within the next couple of weeks. >>

4 – 7-Eleven network hits 60,000 stores

Claimed to be the largest convenience retail chain in the world, the 7-Eleven network has just opened its 60,000th store. >>

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April Wu

China Market Strategy

August 16, 2016

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Retail News Roundup – Aug 16

The top 5 retail news clips in Asia this week.

Newspaper

1 – Lacoste to double POS options in India by 2021

French lifestyle brand Lacoste, known for its ‘crocodile’ logo polo T-shirts, has said that after a short period of lull, the company plans to again go for a major expansion in this country. It will be doubling its 50 point-of-sales (PoS) by 2021. >>

2 – Watsons stores lead 1000 openings for Hutchison

Hutchison said in its six month results released Friday it has added 257 stores to its global network already this year and 800 more would open by year-end. About two thirds of those will be Watson healthy and beauty outlets, mainly in China and Asia. >>

3 – McDonald’s M’sian franchise sale to accelerate growth

McDonald’s Corp’s plan to seek a master franchise partner for its restaurants in Malaysia and Singapore is part of a global effort to streamline operations by empowering local master franchisors to make faster business decisions and accelerate growth. >>

4 – Alibaba sales soar 59pc as Chinese continue shopping online despite slowing economy

Investments by e-commerce giant in media, entertainment and cloud computing also added to revenue. >>

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