綠色BN
2016-03-15

Retail News Roundup – Mar 15

The top 5 retail news clips in Asia this week.
Newspaper
1 – In the retail realm, the bookworm turns
Since 2010, many bricks-and-mortar bookshops have been forced to close or move to cheaper, more remote locations. However, last year alone, 10 new bookstores opened in Shanghai, many in prime downtown areas. >>

2 – Woodland eyes global expansion, to open stores in countries like Russia and China
KOLKATA: Footwear and outdoor gear brand Woodland is looking to expand its international presence significantly by opening stores in countries such as Russia, China, Malaysia, Singapore, Canada and the UAE. >>

3 – Adidas in China stores rush
German sportswear maker Adidas will open 3,000 new stores in China by 2020, counting on rising affluence and health- awareness in the country to boost its global business. >>

4 – Hugo Boss China to close 20 stores
Hugo Boss China says it will close 20 stores to reduce losses. >>

5 – Expansion plan for Longchamp Asia
Luxury French brand Longchamp sees Asia as a major contributor to the brand’s global growth in coming years. >>


  By April Wu 
  China Market Strategy

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