綠色BN
2016-09-20

Retail News Roundup – Sep 20

The top 5 retail news clips in Asia this week.
Newspaper
1 – Zara enters Vietnam with first store at Ho Chi Minh City’s Vincom Center
Zara opens its doors to its first store in Vietnam at Ho Chi Minh City’s Vincom Center. >>

2 – In Japan, department stores pin hopes on ‘around 50’ generation
Major department stores are focusing on fashion for customers who are around 50 years old, developing their own brands in the hope of boosting sluggish clothing sales. >>

3 – Mobile World Vietnam ousted from Big C
Vietnam’s largest phone retail chain, Mobile World has reportedly been asked to close its 22 outlets located inside Big C hypermarket stores. >>

4 – Final bids in for McDonald’s China business
Final bids are in from at least three groups bidding for the McDonald’s China and Hong Kong business. >>

5 – Cross-border retail e-commerce in China reaches RMB 120 billion
Cross-border retail e-commerce in China reached RMB 120 billion in 2015 according to iResearch, and is expected to grow more than 60 percent, reaching 7 percent of total Chinese e-commerce value by 2018. However, according to a new report from Oliver Wyman, increasing regulation may mean the industry has now reached an inflection point. >>


  By April Wu 
  China Market Strategy

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