April Wu

China Market Strategy

October 6, 2015

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Retail News Roundup – Oct 6

The top 5 retail news clips in Asia this week.

1 – Carrefour launches 3rd Easy Carrefour store in Shanghai, to add 7 more by year end

Easy Carrefour aims to offer convenience store services for Chinese consumers as well as provide diversified retail channels. >>

2 – Japanese eyeglass retailer Owndays to open 100 shops over next 5 years

Japanese eyeglass retailer Owndays is going to expand its business operations in Southeast Asian countries by opening 100 shops over the next five years. >>

3 – Amazon launches Uber-style delivery service

Amazon US has launched a new delivery service based on the Uber concept. Flex is a new means of the company making urgent deliveries to online shoppers. It is being launched on a trial basis in Seattle. >>

4 – Clarks Originals steps out across China

Global British shoe brand Clarks will give its iconic classics a dedicated showcase with the launch of 10 standalone Clarks Originals stores in China during the next year. >>

5 – H&M backs China, India

Like Uniqlo H&M is aimed at the mass market, not the high end luxury sector most hit by the tightened spending of Chinese consumers. H&M says it will open 70 stores in China in the year to November 30, taking its network up to just over 300. >>