綠色BN
2016-03-29

Retail News Roundup – Mar 29

The top 5 retail news clips in Asia this week.
Newspaper
1 – China is the biggest growth opportunity for Samsonite in next 5 years
The multi-brand, multi-category and multi-channel strategy has proven to reap rewards as Samsonite on Thursday posted double-digit growth for the sixth consecutive year in 2015, driven largely by the growth in Europe and Asia. >>

2 – KFC owner Yum in talks with KKR over China unit stake sale
Yum Brands, the owner of KFC, Taco Bell and Pizza Hut, is in talks with KKR and other financial firms about the sale of a stake in its China business. The US firm could reportedly sell up to 20% of its Chinese operations, valuing the unit at about $10bn (£7bn). >>

3 – Aeon Mall plans ASEAN expansion
Japan’s Aeon Mall plans more shopping centres in Indonesia and Vietnam, and is also looking at possibilities in Laos, Myanmar and Thailand. >>

4 – PChome InterPay wins e-banking licence
A specialist company has obtained an electronic business licence that will enable it to serve millions of eCommerce shoppers in Taiwan. >>

5 – K-Beauty Spreads Worldwide
According to Aju News, a Korean newspaper, Korean cosmetics brands are exploring new markets worldwide. As the global interest in K-pop and K-dramas is rising, women all over the world are now looking into K-cosmetics. >>


  By April Wu 
  China Market Strategy

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