Asia – Page 16
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NewsH&M to open 400 new stores after posting £500m net profit
H&M has pledged to open 400 new stores in 2015 after posting a stronger-than-expected net profit of £500m for the fourth quarter.
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NewsAlibaba founder Jack Ma targets annual sales of more than £313bn
The founder of Chinese etailer Alibaba, Jack Ma, has unveiled ambitious plans to grow its consumer base to 2 billion people around the world.
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GalleryStore gallery: Fully Booked defies the norm with novel store design
Based in Manila, Philippines, Fully Booked uses innovative store design to deviate from the tired book-store as library design model.
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OpinionComment: More of the same for global retailers in 2015
Despite a gradually improving global picture retail in 2015 will still see a continuation of slow progress for many retail firms.
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NewsWestern retailers Apple, Inditex and Carrefour step up China plans
Western retail giants are stepping up their plans to expand into China as they seek to take advantage of the booming local economy.
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NewsThird-quarter sales rise at Burberry but retailer hit by Hong Kong protests
Burberry reported an 8% rise in comparable sales in its third quarter but the fashion retailer said it was hit by the protests in Hong Kong.
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OpinionNRF blog: Day three round-up – China, eye trackers and image recognition
As this year’s NRF conference winds down the delegates are turning their minds to their flights home and there is certainly a lot to digest.
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AnalysisInternational news analysis: Carrefour parts ways with Indonesian franchisee
Carrefour’s Indonesian stores are being taken over by local franchisee CT Corp and the French retailer’s name in the country is to be phased out.
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NewsAlibaba to splash out $500m on Indian mobile payment platform
Chinese etailer Alibaba is in advance talks to snap up a $500m (£330.4m) stake in India’s One97 Communications’ mobile payment platform Paytm.
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NewsPretty Green plans expansion after record Christmas
Pretty Green, the menswear retailer in which Oasis star Liam Gallagher is an investor, has posted a Christmas sales surge.
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NewsKingfisher sells controlling stake in B&Q China for £140m
Kingfisher has sold a controlling stake in its B&Q China business to Wumei Holdings for £140m as it seeks to focus on its European business.
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NewsApple eyes push into India with 500 new stores
Apple is plotting significant expansion in India that could see it add up to 500 stores to its existing portfolio, it is understood.
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AnalysisInternational news analysis: Carrefour opens Easy c-store in Shanghai
Carrefour has opened its first convenience store offer in China, 10 years after opening its first supermarket in the country.
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NewsBest Buy to sell Five Star Chinese business to focus on core US market
Best Buy is selling its China division to a real estate firm to focus on its US operations after years of struggling in the country.
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NewsAlliance Boots buys stake in Chinese pharmaceutical giant
Alliance Boots has completed the acquisition of a stake in one of China’s biggest pharmaceutical companies, Nanjing Pharmaceutical Company.
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OpinionComment: Black Friday and Singles Day improve the retail calendar
Seasonal retail promotions imported from overseas can be tricky for retailers but are still a great way to engage customers.
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OpinionComment: Lessons to learn from Colombia’s retail success story
Colombia’s booming retail sector provides a glimpse of the opportunities available to businesses looking to expand overseas.
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NewsPetit Bateau pushes off into Chinese childrenswear market
French kidswear retailer Petit Bateau is to take its first steps into China in a partnership with Hong Kong-based retail firm Fung Group.
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NewsKoovs sales and traffic soar as Indian fashion etail takes off
Sales at Indian fashion etailer Koovs rose by over a quarter in the six months to end of September compared with the preceding six months.
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NewsNew Look finalises sale of struggling French arm Mim
New Look has completed the sale of its French fashion business, Mim, to holding company Main Asia for an undisclosed sum.