綠色BN
2017-03-28

Retail News Roundup – Mar 28

The top 5 retail news clips in Asia this week.
Newspaper
1 – Anta Sports plans $488m share sale to fund acquisition
ANTA Sports Products Ltd plans to raise HK$3.79 billion (401 million pounds) in a share sale to fund tie-ups and acquisitions of international sportswear brands. >>

2 – The fastest growing economies in east Asia in 2017
Here are the countries that the World Bank projects will grow fastest in East Asia and the Pacific this year. >>

3 – Facebook rolls out new shopping ad format “Collection”
Facebook has launched a new shopping ad format called Collection for marketers which will help them drive retail sales on mobile. The Collection ad format allows marketers to have a video/image on top of the ad with four more products from the retailer showing below it. >>

4 – Vietnam grocer Saigon Co.op plans nearly 600 new stores
Vietnam grocer Saigon Co.op has revealed an ambitious store rollout program for 2017, adding nearly 600 stores by the year’s end. >>

5 – Zara Thailand launches online
Zara Thailand is launching online sales in Thailand this month. Vietnam will follow, with the service already introduced in Malaysia and Singapore this month. >>


  By April Wu 
  China Market Strategy

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