Asia – Page 24
-
OpinionArgos will have to fight in China
Back in the summer, at the time of Home Retail Group’s full-year results, I asked Terry Duddy whether international expansion might make sense for Argos.
-
OpinionInternational growth remains a priority for retailers
Very few retailers today can boast a slot on the global retail rankings without in fact having an international presence.
-
NewsTesco to sell Japanese stores but stand by Fresh & Easy
Philip Clarke still backing plans to turn American chain around, but Japanese business is up for sale.
-
News
Uniqlo expects sales boost
Clothing chain Uniqlo has said it expects to see a sales boost this year as shoppers buy lighter clothing during the summer as a result of rising temperatures.
-
News
Future Group plans new electronics retailing format launch
Future Group is planning to launch a new electronics retailing format, which is a hybrid of e-Zone, its bricks-and-mortar electronics retailing arm, and its ecommerce portal Futurebazaar.com.
-
AnalysisHow can retailers crack China?
China is now the second biggest economy in the world. Rebecca Thomson looks at the numbers and considers how retailers can reap rewards from this global superpower.
-
NewsTesco brings Turkey COO home to lead superstores
Tesco has brought its chief operating officer in Turkey back to the UK as part of group chief executive Phil Clarke’s plans to bolster the lacklustre UK division.
-
NewsBurberry plots store refits and international flagship openings
Luxury retailer and brand Burberry is to plough £80m into store refurbishments this year and focus on high-profile flagship openings after reporting a surge in profits.
-
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.
-
Analysis
Gap needs fresh approach to reverse domestic fall
Gap chief executive Glenn Murphy has given himself five months to stop years of bleeding at the eponymous brand.
-
NewsWalmart China suffers double departure
Walmart’s China business has been hit by the sudden resignation of two senior executives.
-
AnalysisWalmart acquires stake in Chinese online grocer
As part of its commitment to grow online sales globally, Walmart has reached an agreement to acquire a minority stake in Yihaodian, an online supermarket in China.
-
NewsOverseas helps Clarks profits to break £100m
Clarks’ group pre-tax profit has topped £100m for the first time in its 185 year history despite a “challenging” UK market.
-
NewsAnn Summers to move overseas once global economy improves
Ann Summers is eyeing international markets to expand its lingerie and sex toys business.
-
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.
-
NewsTesco’s candour impresses City
The City was impressed with Tesco chief executive Phil Clarke last week when he delivered his first full-year results, although sales slipped slightly by 1.28% on the day.
-
AnalysisBest Buy returns to the basics in its bid for growth
Electronics retailer Best Buy has struggled of late and has outlined three new strategic priorities, which it believes will help it capture new growth opportunities in key categories and channels, fund growth efforts through structural opportunities and improve returns.
-
NewsBigger role for Sunnucks as Gap picks London as its non-US base
US fashion giant Gap is to take advantage of the UK’s “great retail talent” by making London its new international hub as it improves efficiencies across the business.
-
News
Dairy Farm sales rocket 13.2% to £5.6bn
Dairy Farm experienced a solid 2010 fiscal year as “favourable trading conditions persisted in its Asian markets”.For the year ended December 31, 2010 total sales, including those from associates, rocketed 13.2% to $9.1bn (£5.6bn). Net profit jumped 12.9% to $411m (£253m).Dairy Farm continued to expand organically and through acquisitions in ...
-
NewsTesco joint venture builds momentum in China
Tesco has signed a new joint venture to create three more Lifespace malls in China, an initiative welcomed by the City as evidence of building momentum in the country.