綠色BN
2016-07-05

Retail News Roundup – Jul 5

The top 5 retail news clips in Asia this week.
Newspaper
1 -Vietnam gears up for m-commerce
Companies can no longer ignore mobile e-commerce as a retail channel in Vietnam because more and more consumers are using their mobile devices to shop, according to a leading analyst at research firm Nielsen. >>

2 – Fast-fashion’s rapid growth starts to slow
The rocket ship that fast-fashion retailers have ridden during the past few years appears to be running out of fuel — at least if you rely on a recent court document. >>

3 -Adidas extends China sports push in agreement with billionaire
Adidas signed an agreement with billionaire Wang Jianlin’s Dalian Wanda Group to help develop soccer and basketball in China, as the German company seeks to capitalise on increasing interest in sports and fitness in the world’s most populous nation. >>

4 – Watson Indonesia launches store roll-out plan
Watson Indonesia plans to open up to 20 new stores this year. While there are more than 100 Watson stores in Singapore and more than 400 in the Philippines, the brand is under-represented in Indonesia, where to date just 47 have opened. >>

5 – Ambitious online plan for Tesco Thailand
Tesco Thailand aims to double its online shopping sales annually for the next three to five years. >>


  By April Wu 
  China Market Strategy

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