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The outdoor retailer Aigle made inroads in Southeast Asia with a flagship store in Uptown Mall, Taguig City in Manila via a franchising agreement ran by the local firm Noble House Distribution...

18 January 2018

India wants to attract foreign investment into retail

Eager to attract further foreign capital, the Indian government will reduce levels of local sourcing requirements that restrict the supply chain of international retailers. This should trigger...

18 January 2018

Sales density for Chinese retailers

According to Guillaume Portier, Marketing Head of SES-Imagotag, the Hema Fresh hypermarket in Beijing (Shilipu unit, owned by Alibaba) posts sales of US$3,850/ sq.m GLA. Looking at...

18 January 2018

Hamley’s largest toy store in the world opens in Beijing

In December, Hamley’s opened its largest toy store in the world next to Tiananmen Square, with a sales area of 10,700 sq.m and five storeys. This 3rd Chinese unit, after those of 7.000 sq.m...

18 January 2018

Hong Kong retail rents will increase in 2018

According to Savills, Hong Kong’s prime rental values will grow by up to 3% in 2018 after a 2% drop in 2017. According to Cushman & Wakefield, retail rents along Hong Kong’s...

18 January 2018

Which Asian retailers have sales averaging US$15,000/ sq.m ?

Euromonitor and Retail Asia reported that Japanese convenience stores record the highest sales density within all Asian retail sectors. As an example, Yamazaki Baking’s (with 4,891...

18 January 2018

In Japan, Burger King changes hands

The Hong-Kong based private equity firm Affinity Equity Partners has bought Burger King’s Japanese business of 100 fast-food stores from the struggling Lotte Group for an undisclosed amount...

18 January 2018

Marks & Spencer takes a step back in Hong Kong

As announced in August 2017, Marks & Spencer completed the sale of all 27 stores in Hong Kong and Macau, retaining the last international fully-owned stores in Ireland (19 units) and in the...

18 January 2018

Bata continues an Asian advance

The footwear retailer Bata is pursuing new customers across India. 2017 ended with more than 1,300 Indian stores in malls and high streets, including 100 fully-owned units opened in the last 12...

18 January 2018

International retailers bet on Algeria

Targeting a population of 42 million, and according to a confidential source, several global retailers have signed distribution deals in Algeria with the

18 January 2018

Apple eager to enter Saudi Arabia

Apple is amid advanced talks with Riyadh on opening stores in

18 January 2018

Carrefour makes inroads in Cameroon

With an investment of €10.7 million in early December, the Director of CFAO Retail in Cameroon Luc Demez inaugurated a 1st “Playce” mall in Doula (in the Bonamoussadi residential...

18 January 2018

Hermès opens a dedicated perfume store in Dubai

As perfume is the best-selling beauty category in the Middle East (perfumes account for around 60% of the beauty market in the Gulf, i.e. twice the world’s average), Hermès opened a...

18 January 2018

Decathlon to land in Kenya

The sporting goods retailer will open a 1,500-sq.m GLA store in Nairobi in the second half of 2018. This will be in

18 January 2018

U.A.E. Personalisation of home equipment expands

In the United Arab Emirates (U.A.E.), a new home-grown retail concept has opened under The Home brand, owned by the Royal Group. Inaugurated near the Mall of the Emirates in December 2017 on Umm...

18 January 2018

Jumia deploys its showrooms in Kenya

In Nairobi, the online retailer Jumia innovates with two “showrooms”: the first opened in June 2017 on Koinange Street (area of 650 sq.m GLA) in the CBD district...

18 January 2018

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