綠色BN
2015-07-07

Retail News Roundup – Jul 7

The top 5 retail news clips in Asia this week.
Newspaper
1 – Aeropostale to enter India, Indonesia
US mall-based youth fashion discounter Aeropostale has announced new partnerships in India and Indonesia. >>

2 – KFC China accepts Alipay
More than 700 KFC China stores have started to accept customer payments via Alipay’s smartphone-based payment technology. >>

3 – Shopping on mobile devices booming, but potential still untapped: Australia
More than a quarter of online retail purchases in Australia are made on mobile devices, amounting to sales worth $4 billion every year, a new report has found. >>

4 – RetailWATCH: Global Powers of Luxury Goods – engaging the future luxury consumer
Global luxury brands should take advantage of evolving technological and consumer demands to help boost profits and remain competitive, according to a new report of Deloitte Touche Tohmatsu Limited (DTTL). >>

5 – Chinese consumers boost spending on health and wellness
While a high-end handbag or watch remains a potent status symbol in China, a growing contingent of Chinese consumers is starting to prioritize spending on the ultimate luxury: their health. >>


  By April Wu 
  China Market Strategy

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