Chris Hubbard

@chriswhubbard Market Strategy

March 18, 2014

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Retail News Roundup – Mar 18

The top 5 retail news clips in Asia this week.

Newspaper

The current trend in data collection continues to be for businesses to move away from the paper-based data collection processes of the past, to data collection with mobile devices such as smartphones, tablets and notebooks which not only allow data collection to move freely among locations, and even among different classes of data, but more importantly allows data, in some cases to be instantly sent to databases for quick processing and analysis.

1 - H&M eyes national conquest in Australia

The opening of the first H&M fashion store on 5 April in the former GPO in Melbourne will spark another round of retail invasion and high competition for the Australian labels. >>

2 - Lane Crawford hits Chengdu

Luxury department store Lane Crawford has opened in Chengdu. Located in the new Chengdu International Finance Square, the store spans 82,000 sqft, the same size as its Hong Kong IFC flagship. >>

3 - Uniqlo to open Tokyo mega store

Apparel retailer Uniqlo is to open a large-scale store in Tokyo’s Okachimachi on April 25. It will boast a 2843 sqm sales floor (one below ground, four above) and will be inspired by Uniqlo’s popular flagship locations, entertainment-style stores offering products for men, women, kids and babies. >>

4 - Airport retail to boom in Asia

Asia Pacific will have the fastest growth in airport retailing sales over the next six years. That’s according to a report by retail consultancy Verdict which predicts Asia Pacific passenger numbers to increase 37.8 per cent in the next six years and their spend per passenger to rise from $7.78 to $11.37. >>

5 - Fast Retailing to open 1st Uniqlo store in Germany

Fast Retailing Co., the operator of the Uniqlo casual clothing chain, said on Tuesday it will open its first shop in Germany in one of Berlin’s popular shopping districts on 11 April. >>

 

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