Asia – Page 16
-
NewsAlibaba increases its stake in US ecommerce retailer Zulily
Chinese ecommerce giant Alibaba has upped its interest in the US market by taking a larger stake in online retailer Zulily.
-
NewsRetail Diary: Click-and-collect goes mad and bookshop goes to the polls
A Selfridges customer uses click and collect to pick up an unusual item, a London bookshop uses the election to draw in customers and a new online marketplace opens its doors…sort of.
-
NewsAlibaba unveils new chief executive as fourth-quarter sales jump 45%
Chinese ecommerce giant Alibaba has promoted Daniel Zhang to be its new chief executive as it reported a 45% jump in sales for its final quarter.
-
NewsTesco rejects £4bn bid for South Korean stores from US private equity giant
Tesco has rejected a £4bn offer for its South Korean assets from an American private equity firm, it is understood.
-
OpinionChinese interest in New Look may signal more retail deals in the East
Potential Chinese interest in acquiring fashion retailer New Look symbolises the growing economic power of China.
-
NewsLeahy investment firm in talks with Chinese backers to buy New Look
The investment firm that employs former Tesco boss Sir Terry Leahy is in talks with Chinese backers to make a bid for New Look
-
NewsWalmart to accelerate Chinese expansion with 115 new stores by 2017
US retail giant Walmart is accelerating its expansion in China after revealing plans to open 115 new stores over the next three years.
-
AnalysisAnalysis: 7 disastrous overseas retail forays
Sainsbury’s ill-fated launch in Egypt had nothing to do with Mike Coupe, but the jail sentence that hangs over him is a reminder of the perils of badly considered international expansion.
-
NewsRakuten buys a stake in online discount platform Fanli
Japanese ecommerce giant Rakuten has bought a stake in online discount provider Fanli as part of the etailer’s plans for global expansion.
-
NewsAlibaba fined £86,450 for Single’s Day 2013 pricing issues
Alibaba has been fined 800,000 yuan (£86,450) over pricing issues during the etail giant’s Single’s Day promotional event
-
NewsCarrefour sales jump driven by growth in France and Latin America
French grocery giant Carrefour’s like-for-likes jumped 2.3% in the first quarter, driven by improvements at home and growth in Latin America.
-
NewsComment: House of Fraser is bypassing the obvious cities for its China launch
The most interesting aspect of House of Fraser’s expansion into China is the cities where it has chosen to open stores.
-
AnalysisWhy is John Lewis expanding in the Philippines and should others follow suit?
John Lewis is continuing its Asian expansion by opening 11 shops in the Philippines this summer, but why should retailers be interested in the country?
-
NewsIndian etailer Koovs warns high marketing costs will hit full-year forecasts
Indian etailer Koovs has said it will need to seek further funding to counteract high marketing costs over the last year.
-
OpinionComment: Kingfisher’s Laury lays new retail foundations
Kingfisher chief executive Véronique Laury is already making her mark on the business with plans to restructure and innovate.
-
NewsHouse of Fraser unveils first Chinese department store locations
House of Fraser has revealed the locations of its first three stores in China following its acquisition by Chinese conglomerate Sanpower in 2014.
-
NewsChina Resources Enterprise reports first loss for more than 10 years
China Resources Enterprise (CRE) has posted its first full-year loss for more than a decade after its joint venture with Tesco hit finances.
-
AnalysisInternational news analysis: Birth of a global online fashion powerhouse
Global Fashion Group has been formed to offer an online international fashion service across emerging markets worldwide.
-
NewsToys R Us launches 'selfie stations' in stores across Asia
Toys R Us is introducing ‘Selfie Stations’ to its stores across Asia in a drive to create a ‘theme park’ shopping experience for customers.
-
InterviewExclusive interview: House of Fraser’s new boss Nigel Oddy on international strategy
Three weeks into his new role, Nigel Oddy speaks to Retail Week in his first interview as chief executive at House of Fraser.