綠色BN
2014-07-15

Retail News Roundup – July 15

The top 5 retail news clips in Asia this week.
Newspaper
1 – Starbucks to double Thai network
US coffee chain Starbucks is undaunted by the fierce competition in Thailand’s coffee market. Starbucks says it will double its network in Thailand to 400 outlets by 2018.
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2 – G-Star Raw expands to India
G-Star Raw has partnered with Genesis Luxury to open in India.

The partnership will see the denim brand open 30 points of sale throughout India over the next five years, the first in Delhi later this year.
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3 – End-of-season sales cheer online and offline retailers in India
Malls across India are registering up to 25 percent year-on-year growth in sales with a similar rise in footfall, on the back of end-of-season discount offers.
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4 – Hanoi named in region’s top crowded retail markets
Hanoi has been listed in the top three cities with the most crowded retail market in the Asia-Pacific region in 2014, after China’s Beijing and Shanghai.
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5 -China’s Alipay expands offline presence
Alibaba’s payment service Alipay is collaborating with department stores to play a bigger role in the lives of its users. In a partnership with WestBrook Paradise, a commercial shopping complex near Xixi Westland in suburban Hangzhou, Alipay will allow users to have a free Wi-Fi connection through its mobile software. 
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 By Chris Hubbard 
   Market Strategy

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