綠色BN
2015-02-03

Retail News Roundup – Feb 3

The top 5 retail news clips in Asia this week.
Newspaper
1 – RetailWATCH: Distribution in China – The rise of O2O and its implications
Talents shortage is the biggest challenge facing the traditional retailers for developing e-commerce in China, according to a report from the Fung Business Intelligence Centre released in November 2014.  >>

2 – Chinese tax free spending leaps
Chinese travellers boosted tax free spending by 30 per cent year-on-year in the last quarter of 2014. >>

3 – Kate Spade targets 100 stores in Greater China
Kate Spade is to buy out its Chinese joint venture partner in favour of a new partnership with Lane Crawford Group. >>



4 – TGI Fridays partners with Microsoft on tablets to streamline orders
TGI Fridays Inc. is equipping servers with 8-inch tablets so they can quickly and accurately process orders and payments while at the table. >>

5 – H&M earnings miss forecast, to add 400 stores in 2015
Hennes & Mauritz, the world’s number two fashion retailer, missed quarterly earnings forecasts as it spent heavily on new ranges and websites in its battle with cut-price rivals, a drive it plans to extend in 2015 with a new beauty line. >>


  By April Wu 
  China Market Strategy

Share:

Relatived article

Categories
Tags

topgreen2