Asia – Page 3
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News
Selfridges set to be sold to Thailand’s Central Group
Selfridges owners the Weston family have reportedly agreed to sell the department store chain to Thailand’s Central Group, with hopes for the deal to be completed by the end of this year.
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Analysis
The Disruptors: The new online fashion players hunting down Asos and Boohoo
The new online fashion players hunting down internet giants Asos and Boohoo.
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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
Nike profits rise as China leads sales recovery
Nike has posted a jump in profits as booming sales in China offset tougher conditions in the US and Europe amid the coronavirus pandemic.
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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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Analysis
Worldview: How Chinese retail lit a fire under its Covid-19 recovery
In the first instalment of our new Worldview series gleaning insight and inspiration from global markets, Eliam Huang analyses how China is bouncing back from Covid-19.
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News
Alibaba sales surge amid China’s ‘rapid’ Covid-19 recovery
Alibaba has posted a spike in sales during the final quarter of 2020 following the “rapid recovery” of the Chinese economy in the wake of Covid-19.
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Gallery
In pictures: New stores that brought the wow factor in lockdown year
2020 may be more synonymous with shuttered stores but it did bring us some eye-catching new shops. Retail Week rounds up some of the best to whet your appetite
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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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Analysis
Amazon versus the EU – what are the implications for retail?
The clash between the European Union and etail giant Amazon is a case of ethics versus big data.
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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
‘UK retailers should look to China to support their Covid-19 recovery’
The Covid-19 crisis has had a global impact on consumer spending, shifting short-term purchase patterns and bringing long-term changes to the way we work, socialise and shop.
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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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Analysis
Analysis: Will Ted Baker’s new ‘growth formula’ put it back in fashion?
After enduring a torrid 2019 marred by numerous profit warnings and seismic change at management level, Ted Baker has unveiled a new strategy designed to take the business forward. Retail Week analyses whether it will be enough to return the fashion brand to its former glories
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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.