綠色BN
2016-07-12

Retail News Roundup – Jul 12

The top 5 retail news clips in Asia this week.
Newspaper
1 – Video: Sa Sa International’s CFO on Hong Kong retail challenges
Guy Look, chief financial officer and executive director of Sa Sa International, discusses the state of retail in Hong Kong, the challenges facing retailers and his outlook for the sector. >>

2 – Lawson targets 3,000 more stores abroad
Lawson Inc, Japan’s second largest convenience store chain, plans to increase the number of its “Lawson” stores in strategic countries outside Japan to 3,000 over the next five years. >>

3 – Retail Asia Top 500 Retailers Ranking 2015
In 2015, the region’s top 500 retailers recorded total sales of US$964 billion, declining by 5 percent in current value terms due to the strong dollar. However, Chinese companies continued dominating the list, accounting for 33 percent of the ranking. >>

4 – Philippines: the rising star of Asian retailing
The Philippines is one of the fastest growing countries in Southeast Asia, with its GDP growth hitting 6.9 per cent in the first quarter of 2016. >>

5 – LF Beauty to exploit Asian beauty boom
Li & Fung Group subsidiary LF Beauty is seeking to cash in on soaring demand for beauty products in Mainland China and wider Asia. >>


  By April Wu 
  China Market Strategy

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