All China articles – Page 25
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AnalysisBuilding a global empire
Fashion tycoon Sir Philip Green is seeking out new growth opportunities despite harsh trading conditions at home. George MacDonald reports.
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NewsWorkers protest at Tesco store in China
Workers at a Tesco store in China have blockaded the shop ahead of its closure.
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NewsArcadia takes margin hit as it shoulders VAT rise
Topshop-owner takes heart from young fashion, online and overseas despite fall in profits
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News
US clothing retailer Gap accelerates China expansion
US clothing retailer GAP has announced that it expects China to become a $1bn (£623m) business in three to four years as the company accelerates expansion there. Gap aims to grow its store network to 15 by the end of this year, including opening its first outlet in Hong Kong. ...
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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.
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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.
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News
Chinese authorities investigate copycat Apple stores
Chinese authorities in the southwestern city of Kunming have launched an investigation of electronics stores after media reports said one retail outlet seemed to be copying Apple’s store format.The inspections follow media attention around a Kunming store that appeared to be nearly identical to Apple’s highly stylized Apple Stores, including ...
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News
Carrefour increases stakes in China
Carrefour has agreed to increase its majority stakes in three hypermarket operators in China, the retailer said in a statement. Carrefour will buy out Taiwan-based partner President’s 20% holding in Guangzhou and 45% stake in Tianjin Jiafu.It will also increase its holding in Chongqing to 65% from 55%.
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News
Aeon plans China expansion
Japanese retail group Aeon expects to have a minimum of 2,000 stores in China by 2020
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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.
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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.
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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.
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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.
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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.
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NewsWalmart China suffers double departure
Walmart’s China business has been hit by the sudden resignation of two senior executives.
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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.
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NewsHarrods and Harvey Nichols call for relaxation of Chinese visa restrictions
The bosses of Harrods and Harvey Nichols have again called on the government to make it easier for high-spending Chinese shoppers to visit London by relaxing visa restrictions.
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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.
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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.
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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.