Chris Hubbard

@chriswhubbard Market Strategy

March 25, 2014

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

Retail News Roundup – Mar 25

The top 5 retail news clips in Asia this week.

Newspaper

1 - Philippines’ Penshoppe eyes 25 new stores abroad

Filipino fashion retailer Golden ABC Inc. is expanding it business by opening more new stores locally and overseas this year. >>

2 - Foreign multi-brand retailers avoid India, at least for now

While the controversy over allowing or banning foreign direct investment (FDI) in multi-brand retail trading (MBRT) is keeping every political party on its toes before the coming Lok Sabha elections, foreign multi-brand retailers seem to be avoiding India, at least for now. >>

3 - Travel retailer opens 13 Shenzhen stores

Travel retailer LS is launching 13 standalone luxury fashion boutiques in Shenzhen Bao’an International Airport. >>

4 - Revlon in aggressive India expansion

Cosmetics company Revlon plans a massive expansion in India. Revlon India, a joint venture between Modi Group and Revlon, plans to open 100 new stores across the country over the next three years. >>

5 - Lane Crawford opens 1st luxury department store in Chengdu

Following the opening of its China flagship in Shanghai in October last year, Hong Kong-based department store operator Lane Crawford has opened a new store in Chengdu with an investment of CNY300 million (USD48.5m), the company said on Monday. >>

 

Stay Updated. Subscribe now and receive valuable insights each week from the web’s best blog on retail strategy in Asia.