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31 December 2012
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Global retail industry news

  Global Industry Watch 
  • Retailers look to Germany for growth
    Ireland's Primark opened its first store in Berlin, Urban Outfitters launched its fourth Germany store and Abercrombie & Fitch is busily expanding across the country's major cities. Amid uncertainty in economies across the globe, more international retail chains are rapidly growing in Germany, now Europe's largest market and most stable economy. Women's Wear Daily (subscription required) (30 Dec.) LinkedInFacebookTwitterEmail this Story
  Retail in Europe 
  Retail in Asia 
  • What's next for China's homegrown fashion brands?
    China's textile and manufacturing infrastructure made the country ripe for creating its own fashion and retail brands. Many of the brands grew rapidly at home while creating little if any buzz abroad; now, analysts ponder the future of seven such brands, as economic growth slows and more Chinese consumers demand internationally-known brands. Women's Wear Daily (subscription required) (28 Dec.) LinkedInFacebookTwitterEmail this Story
  • Other News
  E-commerce Spotlight 
  • Britain's Pearson to buy 5% of Nook Media
    UK-based media company Pearson will acquire a 5% interest in Barnes & Noble's Nook Media, which includes the bookseller's digital operations as well as 674 US college bookstores. Pearson, which owns publishing house Penguin and The Financial Times, will pay $89.5 million; earlier this year, Microsoft made a $300 million investment in Nook Media. Reuters (28 Dec.) LinkedInFacebookTwitterEmail this Story
  • China's fund companies open shop on Taobao
    Some 20 investment fund companies have opened storefronts on Alibaba's Taobao online marketplace since July when the site rolled out a wealth management channel. Payment service Alipay will process payments for some of the investment products. China Daily (Beijing) (28 Dec.) LinkedInFacebookTwitterEmail this Story
  Spotlight on Mass Merchandise 
  • Bigger cargo ships ride out the downturn at a slower pace
    International cargo shippers CMA CGM of France and A.P. Møller Maersk of Denmark are launching container ships with more capacity than ever before, a trend that started in a push to accommodate exploding global trade before the 2007 recession hit. Today, the vessels steam at slower speeds to cut fuel costs and offset the pain of dramatically lower post-recession shipping fares. The Wall Street Journal (30 Dec.) LinkedInFacebookTwitterEmail this Story
  NRF News 
  • 3 lessons retailers can learn from the tech titans
    Amazon, Apple, eBay, Facebook and Google have become collectively referred to as the Retail Tech Titans, establishing themselves as leading brands and trendsetters in the global world of retail in the digital age. Lori Schafer of SAS Institute and Deborah Weinswig of Citi Investment Research explained at NRFtech earlier this year that as the focus areas of these companies continue to blur, grow and change, it's vital for the industry to invest in innovation alongside the industry pioneers. Read more. Shop.org Blog (16 Aug.) LinkedInFacebookTwitterEmail this Story
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  Editor's Note 
  • SmartBrief will not publish Tuesday
    In observance of New Year's Day, SmartBrief will not publish Tuesday. Publication will resume Wednesday. Enjoy the holiday! LinkedInFacebookTwitterEmail this Story
  SmartQuote 
Never tell your resolution beforehand, or it's twice as onerous a duty."
--John Selden,
English jurist and scholar


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