All China articles – Page 24
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OpinionComment: Choosing the right market for cross-border trade
The world is flattening and borders are blurring, opening up a wealth of new opportunity for UK retailers.
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News
Fashion retailer Uterqüe opens China stores
Inditex-owned fashion retailer Uterqüe has opened its first two stores in China.The openings come as the Spanish fashion giant continues to take advantage of the growing preference for Western fashions in many Asian markets.The first store opened last month in the IFC Mall in Hong Kong. The second is at ...
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OpinionComment: International expansion is important for long-term growth
At next month’s World Retail Congress, four retailers will be inducted into the World Retail Hall of Fame: Sir Stuart Rose, Lew Frankfort, Dickson Poon and Sir Paul Smith.
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News
Zara to launch Chinese online store
Inditex-owned clothing retailer Zara will strengthen its presence in the Asian market with the launch of its online store in China on September 5.The Spanish group’s objective is to consolidate its foothold in China, a market that is already the most important for the retailer outside Europe.
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NewsRetailers set sights overseas for sales boost
Two thirds of British retailers expect their overseas sales to increase over the next five years and name Germany as the market most likely to provide growth.
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News
Toys R Us opens first China store
Toys R Us has opened its first stores in Northern China at two locations in Beijing.The retailer is expanding aggressively in the region after buying a majority stake in its Greater China and Southeast Asia business from Li & Fung in October. Two more shops will open next month.The retailer ...
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AnalysisCarrefour must focus on most dynamic markets
Carrefour’s second-quarter results remained in line with the first quarter as the retailer posted turnover down by 0.4% to j21.71bn (£17.03bn), excluding petrol and at constant exchange rates.
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News
Best Buy to relaunch Best Buy Mobile brand in China
US retailer Best Buy is to relaunch its Best Buy Mobile brand in China, more than a year after closing all of its stores.The company plans to sell mobiles through its retail subsidiary Five Star.A spokesperson said the target audience will be white-collar workers with disposable income.
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News
Macy’s acquires minority stake in online retailer VIPStore
US department store group Macy’s has acquired a $15m (£9.5m) minority stake in Chinese online retailer VIPStore. Macy’s will sell its merchandise to Chinese consumers through a dedicated section on the website. The initiative will allow Macy’s to “test the waters a little bit and learn”, said chief financial officer ...
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AnalysisWhy are so few Chinese retailers entering the UK?
With China’s economic power continuing to swell it’s perhaps surprising that more Chinese retailers haven’t made their way to the UK.
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NewsChinese retailer Bosideng's first UK store set to open
Chinese clothing retailer Bosideng is to open its first store in the UK this summer.
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News
Seven & I to set up two holding companies
Convenience store operator Seven & I is to set up two holding companies to accelerate decision-making and new store openings.The subsidiaries are to be established by the end of the year and will be in charge of overseeing the convenience and supermarket operations.
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NewsPaul Smith re-enters China
Paul Smith will return to China later this year as it plans to open 24 stores in the next five years in its second attempt to crack the country.
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AnalysisHow to attract international shoppers
As a big summer of tourism approaches, Alison Clements finds out why the UK has such appeal to international shoppers, what they like to buy and how retailers can attract them.
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NewsFresh & Easy chief operating officer joins Tesco Turkey
Fresh & Easy chief operating officer Jeff Adams has changed roles and is now leading Tesco’s Turkish business.
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News
Toys R Us to launch transactional website in China
Toys R Us is to launch a transactional website in China. The retailer has signed an agreement with Fireswirl Technologies, which will provide online operations for its 60 stores in Greater China including its Taobao flagship store.At present, Toys R Us has a Chinese website providing product recommendations.
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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 ...
