April Wu

China Market Strategy

March 10, 2015

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Retail News Roundup – Mar 10

The top 5 retail news clips in Asia this week.

1 – Retailers urged to do better on big data

Retailers such as Myer and Woolworths have been urged to quiz customers when they leave stores empty-handed and grill shoppers who spend money at rival chains, to achieve better returns on their investment in big data. >>

2 – Apple’s market share in China rises to highest ever

The popularity of the iPhone 6 has driven Apple’s market share in China to its highest ever while Samsung has continued to lose ground, a consumer survey showed. >>

3 – French fashion brand Isabel Marant teams up with ImagineX for Greater China Expansion

French fashion brand Isabel Marant and Hong Kong-based distributor ImagineX Group said on Thursday that they have established an exclusive strategic partnership to expand the Isabel Marant brands in Greater China. Together they will develop Isabel Marant brand as well as its second line, Isabel Marant Étoile, to reach a dozen of points of sale over the next five years. >>

4 – China and India lead in mobile shopping

Shopping through mobile devices, however, doesn’t mean more revenues for operators just yet. Although, more than 50 per cent of the users use wi-fi to shop online, it presents an opportunity for cellular operators to tap into this user base. >>

5 – Giordano struggles globally

Discount fashion brand Giordano has reported a 35 per cent slump in operating profit for the 2014 year on the back of falling sales globally. >>