All Asia articles – Page 14
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NewsMy-Wardrobe set to enter Asia
My-Wardrobe.com is to expand into Asia starting with a business in Singapore.
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NewsAurora: Focusing on growth
The fashion group is driving success by focusing on multichannel and overseas growth.
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OpinionTesco’s revival relies on getting basics right
At one point in the run-up to Wednesday’s announcement by Tesco chief executive Philip Clarke, it seemed he would be left with little to say.
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Analysis
Analysis: Retailing in China
The growing economic powerhouse is now the world’s biggest grocery market, and where the supermarkets go, others are following.
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News
Walmart to focus on expanding existing operations
Walmart is to concentrate on expanding its operations in existing markets rather than entering new locations this year. However, the retailer is still looking at possibilities to enter new countries and acquire technology and other capabilities.Walmart highlighted it has no plans at present to enter Russia but said it would ...
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News
Uniqlo stores to sweep China
Clothing giant Fast Retailing has revealed that its Uniqlo International division plans to accelerate the pace of new store openings in Greater China from 32 stores in 2011 to 80 in 2012. The first Uniqlo shop is scheduled to launch in the Philippines in June this year and the retailer ...
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News
Bharti Walmart to establish online operations in India
Bharti Walmart is likely to set up an online operation in the country with the grocer reportedly looking to partner with domestic ecommerce companies. Online retailing is gaining ground in India with several companies such as Amazon’s Jungle.com coming to the market, an indirect entry owing to the current restrictions ...
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News
Seven & I Holdings posts 20% profit for year
Convenience store operator Seven & I Holdings has posted a 20% rise in operating profit to ¥292.1bn (£2.41bn) for the full year ended February 29, 2012. Net profit increased 16% to ¥129.8bn (£1.07bn), however net sales fell 11.4% to ¥4.01 trillion (£33.03bn) mainly due to a change in accounting methods ...
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AnalysisThe pan-Asian grocery boom continues
While many retailers in Western Europe and North America struggle for growth in saturated markets, retailers well situated in higher growth developing markets continue to grow and expand.
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News
Aeon launches new tablet device
Aeon has launched a tablet device, jointly developed with domestic telecoms company NTT and electronics manufacturer Sharp. The device is designed to help families organise their daily activities, manage schedules and communicate as well as facilitate online shopping via Aeon’s net support service app. Aeon plans to equip the tablet ...
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News
Japanese convenience store Lawson to expand in China
Convenience store operator Lawson has unveiled plans to step up its expansion in China. At present the retailer has 335 shops in the country and the intention is to have 10,000 by 2020. Lawson may consider an acquisition to rapidly increase its store network.Like other Japanese convenience store players, Lawson ...
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News
Ikea signs franchise agreement in Indonesia
Home furnishings retailer Ikea has signed a franchise agreement with the Indonesian publicly listed retail conglomerate PT Hero Supermarket. “Ikea gives rights and responsibilities to [Hero] to open and operate Ikea stores in Indonesia,” a statement to the Jakarta Stock Exchange revealed, without providing details on the investment value and ...
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AnalysisLondon 2012: will retailers benefit?
You don’t need a ticket to gain extra sales from this year’s Olympic Games but, as Mark Faithfull reports, not all retailers stand to benefit from the events taking place in the UK this summer.
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News
Fast Retailing introduces brand to the Philippines
Japan-based Fast Retailing is confident that introducing the brand to the Philippines will help it achieve its goal of being the number one clothing retailer in Asia, and the world by 2020. Naoki Otoma, group executive vice-president of Fast Retailing and managing director of Uniqlo Asia and Japan, said the ...
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NewsThe Body Shop records 'solid' growth
The Body Shop enjoyed a 4.2% increase in like-for-like sales growth in 2011 following a “militant” approach to innovation.
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NewsTesco enters F&F partnership in Saudi Arabia
Tesco has created a new franchise model to enter Saudi Arabia as it looks to turn its F&F fashion label into a major global brand.
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News
Japanese retailer Aeon plans expansion in Vietnam
Japanese retailer Aeon has stated its plans to expand its presence in Vietnam. Its first supermarket will be located in Ho Chi Minh City, and will be open by 2014. The company is scheduled to obtain an investment licence from the Vietnamese government. In Vietnam, Aeon operates its Aeon Credit ...
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AnalysisChina’s recruitment problem
Retail growth in China means finding skilled recruits can be a struggle, says Rebecca Thomson
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AnalysisWalmart China takes a hit as two top executives quit
Walmart has said that two senior executives at its Chinese operation, chief financial officer Roland Lawrence and chief operating officer Rob Cissell - formerly of B&Q and Robert Dyas - have resigned.
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NewsShop Direct sets sights on overseas expansion
Etail giant Shop Direct is plotting international expansion for its Very and Isme brands, and is to grow its Littlewoods brand outside Europe.