Latest Intelligence on Retailing in China

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Type Product title / description Pub Price
Expert View
Expert View

Airport retailing taking off as Chinese consumers travel and spend more

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
14 Feb 2013
CommentWire
CommentWire

Alliance Boots: first steps into China

With strong economic growth, changing demographic patterns, and the reform and expansion of health care systems, China is an attractive market for Alliance Boots. The investment vehicle formed to acquire the 50% share in Guangzhou Pharmaceuticals Corporation, one of China's leading wholesalers, will provide a platform for further expansion.

Published By Datamonitor
29 Jan 2007
CommentWire
CommentWire

Belle Holdings: IPO likely in late 2006

Belle Holdings operates and owns 2,400 footwear stores in mainland China and Hong Kong and is expected to seek to raise at least US$200 million from an initial public offering in Hong Kong later this year. This will enable it to finance rapid expansion in the fast expanding retail market in mainland China as well as develop its wholesale business further.

Published By Datamonitor
02 Nov 2006
Expert View
Expert View

Best Buy looks to widen horizons

US-based electrical goods retailer Best Buy is looking to build upon its existing international operations in Canada and China, CEO Brad Anderson has said in an interview. However he added that his stores were unlikely to appear in mature markets such as western Europe: this is sensible given that India or Latin America are likely to offer much brighter growth prospects.

Published By Datamonitor
07 Jun 2006
CommentWire
CommentWire

BP: targeting 1000 service stations in China

BP is catching up with rival, Shell, in penetrating the Chinese fuel retailing market. With fast growth forecast, the oil majors are all trying to get in on the action. BP hopes to have 1000 sites, putting it ahead of the other international players. Currently BP owns 30 stations and manages a further 100; gaining more than 500 over the next three years seems a real challenge.

Published By Datamonitor
30 Aug 2002
Expert View
Expert View

Carrefour: abandoning Russia

Europe's largest retailer has reported a lackluster set of third quarter results, but the real shocker was its announcement that it will be leaving Russia, just a few months after opening its first stores there. The unexpected withdrawal comes as a surprise and is a setback for international retail development in the country.

Published By Datamonitor
19 Oct 2009
Expert View
Expert View

Carrefour: international spread pushes French grocer forward

Following a difficult H1 2008, Carrefour, the world's second largest retailer, appears to have found its footing, with its global multi-format single brand strategy beginning to bear fruit. Despite an improved performance at home, countries as far afield as China and Brazil are the group's real growth drivers, and international prospects are high as Carrefour prepares to tackle Russia.

Published By Datamonitor
27 Oct 2008
Expert View
Expert View

Etam: China continues to prove challenging

Following a poor performance in China, Etam is bringing its international expansion closer to home as it refocuses its efforts on establishing its position as a leading lingerie and clothing retailer in Europe. While the retailer faces increasingly tough trading conditions against a difficult economic climate, a new brand and concept format could help the group to prevail.

Published By Datamonitor
16 Apr 2008
Expert View
Expert View

From 'Made in China' to 'Made for China'

Symbolic of China's growing importance to the global economy, multinational corporations are going to great lengths to tailor their products to Chinese preferences. Some companies have in fact gone a step further, launching new brands or product lines specifically designed for this market. Levi's is the latest global brand to distinguish itself by launching a range targeted towards China.

Published By Datamonitor
15 Jun 2010
CommentWire
CommentWire

Galeries Lafayette: re-entering the Chinese market through joint venture

French retailer Galeries Lafayette will enter the increasingly lucrative Chinese market in 2013, with a newly built flagship store in the city's core shopping district Xidan. This strategy will enable the company to take advantage of a market that has become a focal point for other high end retailers entering the region, and it should be able to learn from the experiences of its competitors.

Published By Datamonitor
13 Dec 2010

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