April Wu

China Market Strategy

September 1, 2015

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Retail News Roundup – Sep 1

The top 5 retail news clips in Asia this week.

1 – Smartphone sales soar in SE Asia

Demand for smartphones in Southeast Asia achieved a new peak in the first half of 2015, as consumers across the region’s seven key markets – Singapore, Malaysia, Thailand, Indonesia, Vietnam, Philippines and Cambodia continued to spend more on the gadget. >>

2 – Starbucks to enter Cambodian market this year

U.S. coffee giant Starbucks will enter the Cambodian market by the end of the year, with two outlets planned for Phnom Penh. >>

3 – Bebe to launch in Greater China

Fashion brand Bebe has partnered with Shanghai-based Longgoal to open up to 150 stores in Greater China. >>

4 – Carrefour online store+Carrefour easy store: new channel of Carrefour

In June, the company launched its second Easy Carrefour store in Xuhui District. It’s a new initiative to cater to changing consumer habits and demand for neighborhood services in locations near residential or commercial areas. >>

5 – Krispy Kreme to open 10 shops in Myanmar

Krispy Kreme has signed a development agreement with Doughnut Group Pte. Limited, to open 10 Krispy Kreme shops in Myanmar over the next five years. >>