April Wu

China Market Strategy

April 7, 2015

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Retail News Roundup – Apr 7

The top 5 retail news clips in Asia this week.

1 – Retailers keen to open in Bangkok

Bangkok has been ranked eighth among retail target markets in Asia-Pacific, with 19 new entrants opening stores last year, according to a report by property consultancy CB Richard Ellis (CBRE). >>

2 – L’Oreal posts slower growth in China

L’OREAL, the world’s largest cosmetics group, said growth in China slowed to 7.7 percent last year from that of 10.2 percent in 2013, as consumption growth slowed in China and globally. >>

3 -Quiznos China plans 1500 stores

US fast food chain Quiznos has revealed more details of its plan to roll out a massive 1500 strong network across China. >>

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April Wu

China Market Strategy

March 31, 2015

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Retail News Roundup – Mar 31

The top 5 retail news clips in Asia this week.

1 – Convenience stores look at mobile app potential

Two major convenience store chains in Taiwan are trying to introduce mobile apps to give customers access to a greater range of services and boost sales as e-commerce could soon revolutionize the convenience store industry. >>

2 – WeChat Makes E-Commerce Push to Serve Growing Users in Indonesia

The developers of the popular multi-platform messaging app WeChat have rolled out an e-commerce offering through the app to tap the boom in the number of Indonesians using smartphones and engaging in online transactions. >>

3 – H&M to open 400 new stores in FY 2014-15

Swedish fashion retailer Hennes & Mauritz (H&M) has said “strong” store and online expansion led to improved sales and profits in the first quarter. >>

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April Wu

China Market Strategy

March 25, 2015

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Banking News This Week – Mar 25

The top 5 banking news stories in emerging markets this week.

1 – E. Sun Bank’s expansion to China and Vietnam given the green light

E. Sun Financial Holding Co., parent company of the bank, announced in a statement released on Friday that the China Banking Regulatory Commission has approved its plan to set up a subsidiary and a new branch in Shenzhen, Guangdong Province.  >>

2 – Vietnam Predicted to Be Next Asian Tiger

Perched along one of the world’s most crucial shipping routes, and with a young and growing population, Vietnam is — once again — being tipped for economic lift-off, after years of disappointment. >>

3 – Banks expand network reach

The number of banks in Philippines dropped last year but the lenders’ operating network continued to expand during the period, Bangko Sentral ng Pilipinas data showed. >>

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April Wu

China Market Strategy

March 24, 2015

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Retail News Roundup – Mar 24

The top 5 retail news clips in Asia this week.

1 – Hon Hai Chinese retail unit builds ‘makers’ brand

A retail subsidiary of Hon Hai Precision Industry Co., the world’s largest contract electronics manufacturer, plans to open 20 stores in China for technology innovators known as “makers,” by the end of the year. >>

2 -Hong Kong still key target market for global retailers

International expansion remains high on the agenda for retailers in 2015, despite uncertain economic prospects and cost escalation. Hong Kong follows mainland China as one of the most targeted markets in Asia-Pacific for global retailers considering expansion, according to a new report from CBRE How active are retailers globally. >>

3 – Luxury shoemaker Jimmy Choo to expand in China after earnings rise

Luxury shoemaker Jimmy Choo reported a 7.2 percent rise in annaul earnings and said it would continue to grow by expanding its store portfolio in China. >>

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April Wu

China Market Strategy

March 18, 2015

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Banking News This Week – Mar 18

The top 5 banking news stories in emerging markets this week.

1 – Banking opportunities in Africa look less rosy

Low domestic growth prospects are prompting South African banks to look to the rest of Africa for growth opportunities, where weak commodity prices in certain key economies could also impact negatively on revenues.  >>

2 – Asia steps up efforts to reach the ‘unbanked’

Despite Asia’s economic rise, many of the globe’s “unbanked” citizens, residing in countries including India, China and Myanmar, make do without access to savings, insurance and pensions. >>

3 – Facebook rolling out payments to friends in Messenger

Facebook announced it was launching a system to send money to friends for US customers using its Messenger mobile app. >>

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