All Asia articles
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NewsHarrods appoints new chief financial officer
Harrods has named Tim Parker as group chief financial officer as it seeks to build operations following tough trading during the pandemic.
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News
Shein mulls fresh fundraising round at $100bn valuation
Chinese fast fashion operator Shein is mulling a fresh fundraising round that could value the business at close to $100bn (£76.2bn) after shelving IPO plans.
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News
Chinese factory price hikes spark global inflation fears
Prices charged by factories in China have risen at the steepest rate for more than three years, sparking inflation fears across the globe.
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News
Alibaba hit with record £2bn fine for breaching competition rules
Chinese ecommerce giant Alibaba has been hit with an Y18.3bn (£2bn) fine after an investigation ruled that it had abused its market position.
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News
Uniqlo owner Fast Retailing posts surge in profits amid China recovery
The owner of fashion giant Uniqlo has posted a spike in profitability as the retail recovery in China boosted its bottom line.
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News
JD.com profits soar as retail business booms during lockdowns
JD.com has posted a jump in full-year sales and profits as its retail division benefited from a spike in online shopping during the coronavirus crisis.
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Interview
Interview: How Asics plans to outrun its sportswear rivals
Asics executive Gary Raucher tells Retail Week how the Japanese brand is going back to its roots in a bid to outrun rivals like Nike and Adidas in the fiercely competitive sportswear market
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News
Beijing launches antitrust probe into online titan Alibaba
Beijing has launched an antitrust investigation into ecommerce titan Alibaba as part of a crackdown on monopolistic behaviour in China’s booming online market.
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Gallery
In pictures: The best Christmas window displays around the world
From Thailand to France to Venezuela, Retail Week takes a look at the festive windows of department stores from around the globe.
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News
Tesco gets green light to complete sale of Asia business
Tesco is poised to complete the £8bn sale of its Thai and Malaysian business after buyer CP Retail Development Company rubber-stamped the deal.
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Opinion
Four ways to better merge physical and digital: lessons from global retail
How can retailers better merge the physical and digital worlds? Nicki Sprinz, managing director of digital experience agency ustwo, shares examples from around the world.
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Retail Voice
Lessons for the West from China’s retail recovery
Asian markets, particularly China, are often looked at by those in the West as leaders in applying cutting-edge technology and innovation to the retail sector.
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News
Modern slavery risk rises in Asia as pandemic hits fashion industry
While the UK is enraged by the allegations of modern slavery in Leicester factories, manufacturing hubs in Asia have seen the problem worsen amid the coronavirus pandemic.
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News
Alibaba profits surge as customer numbers jump during lockdown
Alibaba has smashed quarterly profit predictions as online sales surged during lockdown and demand for its cloud computing services soared.
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Opinion
Opinion: Carrefour must learn from the past to avoid another bout of travel sickness
Carrefour’s acquisition of 224 stores in Taiwan runs counter to recent strategic retreats from international markets of many once-global food retailers. International expansion remains a viable route to growth for food retailers, but only if the lessons of the past can be learned.
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News
High street fashion ‘mystery boxes’ sold to help factory workers
Fashion app start-up Mallzee has launched a mystery clothing box service, Lost Stock, selling well-known fashion brands to help tackle the issue of cancelled stock and its impact on Bangladeshi workers.
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News
Ex-Debenhams workers in Bangladesh plead to be paid
Former Debenhams staff in Bangladesh have uploaded a video to YouTube pleading to be paid following the department store group’s administration.
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Analysis
Dispatch: Six of the best global innovations sparked by coronavirus
As coronavirus takes its toll on economies and businesses across the globe, Retail Week brings you regular dispatches from international retailers and experts, who provide their insights into how they are coping with the pandemic.
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Opinion
Dispatch: How Spar International is thinking like a marketplace amid coronavirus
As coronavirus takes its toll on economies and businesses across the globe, Retail Week brings you regular dispatches from international retailers and experts, who provide their insights into how they are coping with the pandemic.
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News
Coronavirus to wipe £1.7trn off global retail sales
The coronavirus crisis will wipe $2.1trn (£1.7trn) off of global retail sales in 2020, new data has predicted.
