April Wu

China Market Strategy

May 12, 2015

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Retail News Roundup – May 12

The top 5 retail news clips in Asia this week.

1 – Evergreen to open children’s fashion stores

Evergreen International has secured brand rights to greater China for a portfolio of high profile childresnwear brands. >>

2 – Watsons Taiwan eyes 600 stores

Taiwan’s largest cosmetics and medicines retailer, Watson’s Personal Care Stores, has opened its 500th store. And the chain says another 100 are planned for opening within the next two years. >>

3 -Playboy is betting on China expansion

Playboy announced that it has struck a licensing deal with a Chinese company, Handong United, to manufacture and distribute Playboy-branded apparel and accessories. The deal will put Playboy merchandise in 400 new locations across China, taking the total number of outlets to 3,500. >>

4 – American QSR chain Wendy’s makes India entry

Wendy’s, one of the largest international fast food restaurant chains made its debut in India by opening its first restaurant in Gurgaon. Sierra Nevada Restaurants Pvt. Ltd, Wendy’s franchisee for India,plans to open three more outlets in Delhi/NCR during the summer months and up to 20 more in North India over the next few years. >>

5 – Microsoft opens first Priority Reseller store in Malaysia

As per a report in Malaysian tech-portal Lowyat, this is Microsoft’s first Priority Reseller store in Asia Pacific, with more authorised stores expected to open in the near future, both in Asia and across the world. >>