Cashing in on health scares, China online food sales boom

The Malaysian Insider

Chinese consumers are responding to a powerful new marketing tactic that plays to a widespread fear of food contamination – the promise of safe groceries sold online.

Pledging produce direct from the farm, vendors have found food is becoming one of the fastest-growing segments of Internet retailing as they cash in on scares from cadmium-tainted rice to recycled cooking oil.

Singles Day supercharges China's new middle class consumers


Every 11 Nov. in China is Singles' Day, designated as a day to celebrate being unmarried. Last year on the holiday, online sales reached USD4 billion – far surpassing, for example, the USD1.5 billion in sales on Cyber Monday in the US.

The growth in online sales growth is driven by an expanding Chinese middle class buying apparel, accessories and electronics, but a larger question may be – who turned Singles' Day into a shopping juggernaut?

China's Bosideng invests in Bangbao; 80 self-operated stores and counters expected in next 3 years

Chinese clothing giant Bosideng International Holdings, on Friday said that its subsidiary Talent Shine International Limited (Talent Shine) invested CNY150 million (USD24.4m) in Shenzhen Bangbao Fashion Wear Company Limited, which owns the ladies' wear brand "BUOU BUOU", and acquired its 30 percent interests.

GNC opens 1st retail store in China, to add 25 more over next 12 months

GNC Holdings, Inc., the US-based specialty retailer of health and wellness products, on Monday announced that it is expanding its retail presence in China by opening the first stand-alone GNC store in Shanghai. The first stand-alone location opened yesterday in Raffles City, one of Shanghai's prime retail and office space locations.

The move complements GNC's existing marketing footprint in the world's largest consumer market. The company plans on opening an additional 25 locations in China within the next 12 months.

Taiwanese shoemaker plans Paris expansion


Stella International, the Asian shoemaker that manufactures for companies such as Prada, plans to expand its own brands in Paris, turning into a lower-priced competitor to luxury clients there.

The contract manufacturer plans to add two shops in Paris by the end of this year and expand into other locations in Europe, said Stephen Chi, chief executive of the company's women's footwear and retail business division. The company, which was founded in Taiwan and trades on the Hong Kong stock exchange, already has one Paris store.

Starbucks to open 100 new stores in Malaysia in next 4 years

Ahead of its 15-year anniversary celebrations in Malaysia, Starbucks Coffee Company has announced plans to open 100 new stores in Malaysia over the next four years.

John Culver, group president, Starbucks China and Asia-Pacific, Channel Development and Emerging Brands, reaffirmed the company’s commitment to building the brand in Malaysia, and across Southeast Asia, during his two-day market visit in Kuala Lumpur recently.

Shopping at Metro stations still new for Indians

Business Standard

In 2006, Delhi Metro Rail Corporation, or DMRC, started its retail operations and stations like Inderlok, Kashmere Gate, Rajiv Chowk were targeted as retail hubs. Inderlok station has a McDonald's, Big Bazaar, Comesum restaurant and wine and beer shop. At the Big Bazaar outlet, there are very few customers, while the McDonald's looks quite full. At the Akshardham station, which has a Parsvnath mall, hardly any mall space has been rented out. A "Coming Soon" poster of Haldiram's outlet has faded away. The outlet has been "coming soon" since 2010.

Omni Channel Retailing Conference: China Daily Asia Leadership Roundtable

Retail in Asia Managing Editor

During the China Daily Asia Leadership Roundtable, a co-branded session with the Omni Channel Retailing Conference at Retail Asia Expo 2013, a panel of four leading retailers and retail space asset managers shared their views on a variety of issues facing retailers in Asia today.

China’s new consumption trends: Who wins?

Red Luxury

According to the 2013 China Consumer Market Development Report released by China’s Commerce Ministry, consumer goods sales will grow 13 percent year-on-year, a figure that’s lower than previous years, but still robust by global standards.  

Giordano 1Q13 closes 163 stores in China, eyes SE Asia

Hong Kong casual wear chain Giordano International closed 163 stores in mainland China in the first quarter of 2013 but the clothing retailer said it will open shops in markets with strong growth potential, such as in South East Asia and Saudi Arabia and new markets like Japan, South Africa and South America.

Giordano said on Tuesday sales for the quarter ended on 31 March 2013 increased by 6 percent to HKD1.51 billion (USD194.5 million) from HKD1.43b in the same period last year. Brand sales and comparable store sales declined 2 percent.

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