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Expert View
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Airport retailing grew in Asia Pacific by 20% to $12.2bn in 2012, enabling it to surpass Europe to become the largest region for the first time. Verdict's Global Airport Retailing 2013 report shows that China is the main catalyst for this, with its increasing economic power and continued major expansion in air travel infrastructure, and the desire of its growing middle class to travel abroad.
Published By Datamonitor
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14 Feb 2013 |
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Expert View
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Amazon and eBay have reported contrasting sets of results, with Amazon enjoying a 14.5% sales uplift in the three months to June 30, 2009 while eBay's marketplace sector reported a 14.0% decline for the same period. With eBay set to continue shifting its offer away from auctions towards fixed price items, it has to strike a balance between its new strategy and keeping its core smaller businesses.
Published By Datamonitor
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28 Jul 2009 |
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Expert View
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Online retailer Amazon has reported that group sales rose 35% to $2.89 billion in the three months to 30 June 2007. This was accompanied by its operating margin more than doubling to 4.1%. With the slew of heavy investment now firmly behind it and a range of initiatives coming into place - including a digital music download platform - the future looks bright for Amazon.
Published By Datamonitor
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26 Jul 2007 |
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CommentWire
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Argos will develop its Indian operation through a franchise agreement with a joint venture company formed by K Raheja Corporation's Shopper's Stop and HyperCITY retail divisions. Moving into overseas markets could not come at a better time for the retailer as it reaches saturation point and faces stiff competition from grocers in the UK.
Published By Datamonitor
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26 Feb 2007 |
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Expert View
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Giorgio Armani has launched an e-shop at Armani.com, offering delivery to 27 countries in Europe, plus Hong Kong, China, Japan, the US, and Canada. Having developed the e-shop with third-party provider Yoox, the Italian fashion retailer has revealed a rather unimpressive proposition, and becomes the latest entry to a long list of luxury houses taking a rather half-hearted approach to e-commerce.
Published By Datamonitor
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13 Oct 2011 |
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Expert View
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Online fashion retailer ASOS has posted impressive sales growth for FY2011, with international shipping up 141.8% year-on-year. Australian sales were especially strong, which has encouraged the retailer to set up a dedicated site for the market in 2011-12. ASOS is one of many foreign retailers looking to Australia to increase online sales due to their ability to undercut domestic retailers.
Published By Datamonitor
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07 Jun 2011 |
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Expert View
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While the 2008 holiday season was marked by the global economic slowdown, declining real estate valuations, inflation and weak employment levels, the retail sector is more positive about this holiday season due to signs of global economic recovery. Despite increased confidence, however, it remains unlikely that consumers will increase their spending levels drastically this winter.
Published By Datamonitor
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05 Nov 2009 |
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CommentWire
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Supermarket chain Coles has extended its online grocery shopping service to a sixth Australian city, Adelaide. Although Australian consumers have not been receptive to online grocery retailing, if Coles can promote the channel's time and money saving capabilities, while emphasizing that quality is not compromised, the venture may prove successful.
Published By Datamonitor
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29 Jun 2009 |
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Expert View
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Deutsche Post DHL, having recently retreated from the domestic express market in the UK and France, is still very much focused on the business-to-customer channel. As more companies turn their attention towards this promising sector, this shift in the express market is creating a competitive playing field. Helping customers enhance their online presence will be key to consolidating market share.
Published By Datamonitor
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18 Feb 2011 |
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CommentWire
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Auction site eBay's recent announcement that it intends only to accept PayPal payments between its Australian members has since been challenged by the Australian competition authority, the ACCC. The regulator is yet to release its findings on the issue, and eBay has been forced to delay its implementation yet again.
Published By Datamonitor
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30 Jun 2008 |
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