Latest Intelligence on Retailing in Asia-Pacific

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Type Product title / description Pub Price
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Blue Inc looks east as international expansion gains momentum

Value clothing retailer Blue Inc, with financial backing from its new chairman Sir Stuart Rose and high-profile investors the Reuben Brothers, plans to expand its international presence. The retailer, which already has a growing online operation in the US, Russia, and the Baltic and other Eastern European states, plans to open stores in Ukraine, Latvia, and Lithuania later this year.

Published By Datamonitor
28 Aug 2012
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
CommentWire
CommentWire

Bulgari: net profit collapses

Following a weak end to 2008, when turnover fell by 9.7%, Bulgari is likely to reveal a net loss for Q1 2009, as the global luxury jewelry market contracts in the wake of current economic turbulence. Moreover, as a general economic recovery seems unlikely, the outlook for 2009 remains bleak.

Published By Datamonitor
20 Apr 2009
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Burberry benefits from Asia push

British luxury house Burberry has reported a robust financial performance in H1 2010 as the combined successes of its retail, wholesale and licensing divisions resulted in a 17% increase in total revenues. Strong management - involving active cost cutting, a keen focus on retail-led growth and rapid expansion in Asia Pacific - has been the key driver behind these results.

Published By Datamonitor
15 Oct 2010
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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
CommentWire
CommentWire

Carrefour: bid target?

With a turnover in 2006 of over E87 billion, French supermarket giant Carrefour is currently the second largest retailer in the world in terms of sales, behind Wal-Mart. While only a rumor, there remain a number of reasons why a leading global grocery retailer might be interested in taking it over.

Published By Datamonitor
14 Feb 2007
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Carrefour: focusing on non-food

Carrefour's first half results follow the pattern of recent years, with the retailer struggling in France while generating strong growth abroad. The hypermarkets remain the company's Achilles heel, which the retailer seeks to address with a focus on non-food. Moreover, Carrefour aims to speed up its portfolio optimization strategy and will set up a property vehicle.

Published By Datamonitor
30 Aug 2007
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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
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Cautious consumer holiday spending amid economic recovery

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
05 Nov 2009
CommentWire
CommentWire

Coles Myer: takeover battle looms

Coles Myer has revealed that it had received a takeover approach from an unnamed bidder. Since disposing of its Myer department store chain, Coles Myer has been solely focused on the supermarket interests, making it an increasingly digestible takeover target. Despite remodeling this business, Coles needs external assistance if it is to reclaim its market leadership.

Published By Datamonitor
18 Aug 2006

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