綠色BN
2015-07-21

Retail News Roundup – Jul 21

The top 5 retail news clips in Asia this week.
Newspaper
1 – H&M may open 30 stores in India by early 2016
H&M, rival to another European fast fashion brand, Zara, is likely to open as many as 30 stores in India by early next year, sources say. >>

2 – Adidas wants both fully owned stores, franchises in India
German apparel major Adidas, which had been in the news for an alleged financial fraud at Reebok, a brand that it owns, has sought government approval for a 100 per cent foreign direct investment (FDI) to operate in India. >>

3 – Metro China expands into Deyang
Metro China has opened its eighth wholesale store in West China. >>

4 – Cath Kidston buys Japanese franchise
UK-headquartered Cath Kidston says it will buy out its Japanese franchise business.The move brings to an end a four year partnership started in 2011 with Sanei International, a subsidiary of TSI Holdings. >>

5 – Burberry’s plan to turn it around in Hongkong : Go local
China luxury market is in serious decline, a deeper glance at Burberry’s performance so far in 2015 indicates that it’s really not all that bad—and the brand is taking more action than most of its competitors to improve its position in the second half of the year. >>


  By April Wu 
  China Market Strategy

Share:

Relatived article

Categories
Tags

topgreen2