April Wu

China Market Strategy

July 7, 2015

  • Share by Email
  • Tweet This
  • Share on Google+
  • Share on Facebook
  • Share on LinkedIn
  • Tweet This

Retail News Roundup – Jul 7

The top 5 retail news clips in Asia this week.

1 – Aeropostale to enter India, Indonesia

US mall-based youth fashion discounter Aeropostale has announced new partnerships in India and Indonesia. >>

2 – KFC China accepts Alipay

More than 700 KFC China stores have started to accept customer payments via Alipay’s smartphone-based payment technology. >>

3 – Shopping on mobile devices booming, but potential still untapped: Australia

More than a quarter of online retail purchases in Australia are made on mobile devices, amounting to sales worth $4 billion every year, a new report has found. >>

4 – RetailWATCH: Global Powers of Luxury Goods – engaging the future luxury consumer

Global luxury brands should take advantage of evolving technological and consumer demands to help boost profits and remain competitive, according to a new report of Deloitte Touche Tohmatsu Limited (DTTL). >>

5 – Chinese consumers boost spending on health and wellness

While a high-end handbag or watch remains a potent status symbol in China, a growing contingent of Chinese consumers is starting to prioritize spending on the ultimate luxury: their health. >>