Asia – Page 21
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NewsKingfisher profits rise as it seeks strategic partner for B&Q China
DIY giant Kingfisher has reported a rise in full-year profits as it plots further overseas expansion and seeks a partner for its Chinese business.
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NewsMarks & Spencer to open first lingerie and beauty standalone store
Marks & Spencer lingerie and beauty stores will open in Saudi Arabia this month, following a model developed in the retailer’s Indian business (pictured).
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NewsNew Look chairman Alistair McGeorge to depart as Tom Singh steps up
New Look chairman Alistair McGeorge is stepping down from the retailer as founder Tom Singh returns to the role.
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AnalysisAnalysis: Taking the temperature of the international property scene at Mipim
Mipim is known as the international property scene’s barometer and, as Ben Cooper discovers, for retailers it is the first chance of the year to test the climate overseas.
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NewsBreakfast briefing: Retail news on Morrisons, Karen Millen, Harrods and more
Retail news round-up on February 13, 2014: Morrisons boss rallies troops for turnaround, Karen Millen to launch Knightsbridge flagship, Harrods mulls overseas expansion and more
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NewsNew Look rules out IPO as it ramps up international expansion
New Look has ruled out joining the throng of retail IPO candidates as it focuses on ramping up its international expansion.
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AnalysisInnovation watch: Shop Elsewhere - the serendipitous app for independent retailers
Shop Elsewhere is a smartphone app that asks independent retailers to collaborate in a bid to compete against big brands. Launched in Hong Kong, the app also aims to help shoppers find “hidden gems” in the city.
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AnalysisAt a glance: Tesco’s new etail investment Lazada
Tesco has taken a minority stake in Southeast Asian online retailer Lazada. Retail Week takes a look at the company’s vital statistics.
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NewsTesco acquires stake in Asian non-food etailer Lazada
Tesco has acquired a minority stake in Asian general merchandise etailer Lazada, which sells products including electronics and clothing.
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NewsUKTI inks tie-up with Chinese online giant Alibaba to support UK retail growth
The UKTI has agreed a tie-up with Chinese ecommerce giant Alibaba to help UK retailers launch on its TMall platform, the country’s equivalent of Amazon.
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NewsFortnum & Mason to open first overseas store in Dubai skyscraper
Upmarket department store Fortnum & Mason is to open its first international store in the world’s tallest skyscraper in Dubai.
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AnalysisInnovation watch: Tokyo chocolate shops providing gender-specific treats and candy theatre
Two very different, but innovative, confectionery concepts deliver experiential retail to sweet-toothed Tokyo residents.
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NewsBurberry's faces legal wrangle over signature check design in China
Burberry has appealed against a decision by the China Trademark Office to cancel trademark protection for its distinctive tartan pattern for leather goods in the country.
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OpinionComment: How Matt Davies put petrol in Halfords’ tank
What difference does it make if 19 seconds are cut from a Chip and PIN transaction time? If there’s not much going through the tills it amounts to the square root of very little.
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OpinionComment: China’s freer market will put strain on supply
The eyes of the financial world have been on China this week as the closed-door meeting held by its top leaders, a gathering also known as the Third Plenum, debated the future of the country’s economic progress.
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AnalysisInnovation watch: Jeweller en Inde embraces a new type of Indian luxury consumer
Founders of en Inde, Anupama and Sonal, became tired of seeing gold and diamonds used to express a person’s place in Indian society.
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NewsChinese ecommerce giant Alibaba smashes one-day sales record by 80%
China’s largest ecommerce company, Alibaba Group Holding, broke its one-day sales record by more than 80% yesterday according to reports.
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NewsAsos launches standalone Chinese website with 365-day delivery
Fashion etailer Asos has launched its standalone Chinese website, Asos.com/cn.
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NewsMarks & Spencer to double store numbers in India
Marks & Spencer has outlined a “vision to build a leadership position” in India as it formally marked the opening of a flagship store in the country.
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OpinionComment: Is Walmart taking a gamble in China?
Walmart has renewed efforts to expand in China, soon after reining in plans for India. Is this a risk given a mooted slowdown in Chinese demand?