綠色BN
2015-01-13

Retail News Roundup – Jan 13

The top 5 retail news clips in Asia this week.
Newspaper
1 – Study: Chinese travellers to drive more growth in luxury markets
Despite the slowdown observed by many luxury brands in the China market, overall market dynamics are unchanged and consumer confidence remains high. 
>>

2 – Taking Stock: The way forward for omni-channel retail
Retailers have embraced omni-channel retailing as the new way to sell and engage with customers. But it looks like the industry is in for more disruptions and 2015 will be the watershed year when everything will take a step forward to a whole new level. >>

3 -A&F boosts Asian online presence
US fashion apparel retailer Abercrombie & Fitch has launched 10 new transactional websites in Asia as it banks on eCommerce to build its regional market share. >>



4 – Coach’s Stuart Weitzman Acquisition Boost China Sales
Coming off a strong 2014 in China—where its accessible luxury image has helped the brand sidestep the ongoing anti-corruption crackdown—this week it was reported that Coach has agreed to purchase American high-end footwear brand Stuart Weitzman. >>

5 – Mobile wallet outshines credit cards in India
Mobile wallet might be a new concept in India, but it has surpassed credit cards in terms of the number of users. Take, for instance, Noida-based Paytm, which has 20 million active users. The number is higher than the cumulative number of credit cards in India. >>


  By April Wu 
  China Market Strategy

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