Asia – Page 13
-
Video
Watch: How global grocery sales are forecast to rise by 2020
Grocery sales are poised to rocket in India and Nigeria according to IGD. Find out how other countries will fare over the next five years.
-
Analysis
Five consequences of China’s ‘Black Monday’ for retailers
A wave of panic hit yesterday as Chinese stock markets plummeted 9% during the day – their worst daily performance for eight years.
-
Opinion
China crisis could take toll on UK retailers at home and abroad
China’s financial fortune cookie looks as if it may be in danger of being smashed to smithereens as investors worldwide dump equities.
-
News
Tesco receives three bids in region of £3.74bn for its Korean business
Tesco has received three separate bids worth around 7 trillion won (£3.74bn) for its South Korean business – and could pick a preferred bidder this week.
-
News
Tesco could delay sale of Korean business as local currency slides
Tesco could earn less than expected from the sale of its Korean business – and could delay the sell-off – after a slide in the local currency.
-
News
Chinese tourist spend soars 45% in July after visa rules relaxed
Chinese tourists overtook the French as the second highest spenders in the UK last month, behind only American visitors, according to Visa.
-
Analysis
Analysis: Six ways to win in the world's biggest ecommerce markets
Ecommerce is fundamentally changing the way retailers do business abroad. So how can British retailers win in overseas markets?
-
Opinion
Neil Saunders: Why supermarkets aren't to blame for the UK milk crisis
As much as the UK’s big grocers make for popular villains, the milk crisis is not one of their causing – it is a story of supply and demand.
-
News
Alibaba acquires 20% stake in electricals retailer Suning in £2.9bn deal
Chinese etail giant Alibaba is investing $4.6bn (£2.9bn) in electronics chain Suning, one of the country’s largest bricks-and-mortar retailers.
-
News
Chinese electronics retailer Gome strikes £1bn deal with jailed founder
The jailed founder of Chinese retailer Gome is to take control of the business after it revealed plans to acquire another of his companies.
-
News
Retail Diary: Asda staff hit right notes and 'the Rocket' fuels discounters' fire
Asda staff hit the right notes in-store, ‘The Rocket’ fuels Aldi and Lidl’s social media presence and Alibaba sources a rather unusual product.
-
News
Harvey Nichols quits Azerbaijan megastore after split with licence partner
Harvey Nichols has withdrawn from its luxurious seven-floor department store in Azerbaijan’s capital months after a high-profile launch, Retail Week can reveal.
-
News
Koovs hires ex-Asos director and tech executive Mary Turner as CEO
Online fashion retailer Koovs has hired Mary Turner, a former Asos director and boss of internet of things firm AlertMe.com, as its boss.
-
News
Report names UK among the best markets in the world for retailers
The UK is one of the best countries in the world to do business in but its infrastructure is holding it back, according to a new report.
-
News
Burberry posts retail sales rise, but warns of 'challenging' luxury market
Burberry has reported underlying retail sales rose 8% to £407m during its first quarter, but warned the trading environment “remains challenging”.
-
News
Cath Kidston buys Japanese franchise business from Sanei International
Homewares retailer Cath Kidston has bought its Japanese stores from its franchise partner as part of its overseas expansion plan.
-
News
Retail Diary: Seb James is on a Greek odyssey and Morrisons kicks up a stink
Sebastian James pays a visit to his staff in Kotsovolos stores in Greece, Morrisons letter kicks up a stink and SuperGroup’s number is up.
-
News
Uniqlo owner's profits soar but European arm hit by London flagship refit
Uniqlo owner Fast Retailing has reported a 47% jump in pre-tax profits to ¥210.2bn (£1.11bn) for the nine months ending May 31 2015.
-
News
Alibaba executive Patrick Liu arrested in corruption probe
Chinese ecommerce giant Alibaba has revealed one of its senior executives, Patrick Liu, has been arrested over corruption allegations.
-
News
SuperGroup plans "measured" China roll-out after inking Trendy deal
SuperGroup aims to open up to five stores in China over the next 12 months, but it will be a “measured” roll-out following a deal with Trendy.