Published News » Retail

It isreported that fast fashion giant ZARA will be opening discount stores in China to digest inventory as Italian brand agent Mario Company said that Inditex, parent company of Zara has authorized it to open discount stores in China.

However, Inditex and Zara (China) haven’t confirmed this news and have emphasized that their outlets in China are all regular chain stores without any franchisi
Having closed for renovations last month, this week Bulgari opened the doors of its all-new Plaza 66 flagship in Shanghai with a blowout attended by a bevy of local celebrities and featuring a distinctly serpentine theme. Centered around the lighting of a massive snake feature (identical to those seen at Bulgari flagships in New York, Tokyo and Rome) commemorating the Serpenti collection and comi
Metro suspends future funding of electronics unit, directs focus on wholesale arm

Media Markt China, the electronic products chain owned by Germany's Media-Saturn Holdings and Foxconn Technology Group, may have to close unless a buyer is found for the money-losing business, according to retail experts.

Media-Saturn's parent company, Metro Group, said on Wednesday it was withdrawing any furt
SHELVES stacked to the ceiling with low-price hot sauce, Barbie dolls, and noodles stand near tanks where shoppers can fish out live sea bass for dinner. Welcome to RT-Mart, China's version of Wal-Mart Stores Inc.

From Shanghai to Chengdu, the outlets run by China's largest big-box retailer, Sun Art Retail Group Ltd, are recreating American-style Wal-Marts, with one big difference: They're giv
British luxury clothing and accessories group Burberry on Thursday said group sales growth slowed during its second quarter but the business update nevertheless reassured the market after a recent profits warning.

Burberry added that it would bring its perfume business totally in-house following the end of a licence relationship with French company Interparfums early next year.

Burberry sai
For Alvin Kong, they act as the cornerstone that holds the whole together. You can build a fancy hotel, throw some desirable office space on top and finish it off with rows of luxury shops, but if you do not have the shoppers you are essentially wasting your time.

Kong, of Swire Properties, reckons that in a multipurpose development, a shopping center is the thing that brings and holds everyth
With the nation's rising disposable incomes, shopping center developers are looking to cash in on footfalls

Galeries Lafayette, the iconic department store in Paris and a major shopping destination for throngs of Chinese tourists, will be giving it a second shot in China next year.
After failing to garner much attention in 1998 with its store in the Wangfujing shopping district in Beijing, La
Inter Ikea Center Group, one of Europe's leading shopping center developers, is working on an investment plan for its next round of expansion in China.

The plan, estimated to cost no less than what IICG has spent on its first five-year project in China from 2009 to 2013, is expected to be released in six to eight months, said the company's Managing Director John Tegner.

The company has inje

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