綠色BN
2015-09-22

Retail News Roundup – Sep 22

The top 5 retail news clips in Asia this week.
Newspaper
1 – Apple retailer iBox to focus on regional markets
iBox, one of Indonesia’s largest resellers of Apple products, plans to open six more retail stores by the end of 2015, mostly focusing on regional areas that are potential markets for Apple products. >>

2 – Lacoste to expand stores at airports in India
French sportswear major Lacoste is looking to tap air travellers by opening more outlets at airports in major cities in India. >>

3 – (Video interview)Under Armour CEO expects revenue to double by 2018
Despite the economic slowdown in China, Plank told CNBC’s “Power Lunch” he believes there is still an opportunity to expand to overseas markets, including Asia. >>

4 – Internet pushes malls into mobile era
China’s mall sector is accelerating into the mobile era because of the fast development of online technologies and rapidly changing consumer habits. >>

5 – Lawson to accept UnionPay
Japanese retailer Lawson has installed 1000 ATMs in a new network to help Chinese tourists access their cash via UnionPay cards. >>


  By April Wu 
  China Market Strategy

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