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02 January 2013
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Global retail industry news

  Global Industry Watch 
  Retail in Europe 
  • China's retailers look to London for growth
    Bosideng has already opened its first shop in the Mayfair area of London, and other Chinese retailers are looking to follow suit in search of growth in popular London shopping districts, according to Jones Lang LaSalle. The year is also likely to see the gap grow between successful and unsuccessful retail areas, with struggling high streets losing even more shops as leases expire, said retail head Guy Grainger. The Telegraph (London) (tiered subscription model) (02 Jan.) LinkedInFacebookTwitterEmail this Story
  • UK manufacturing gets surprise December bump
    UK factories saw their fastest growth in more than a year last month, with a 15-month high that beat economists' forecasts and raised hopes the economy grew at least slightly in 2012. "There's probably further improvement ahead and it will be a less negative start to the year than what we've had of late," said economist Alan Clarke. Reuters (02 Jan.) LinkedInFacebookTwitterEmail this Story
  • Other News
  Retail in Asia 
  • India's changing economy fuels fast-food rise
    Domino's gained acceptance in India early on with a program aimed at educating consumers about pizza. Today, US-based quickservice chains including KFC, Subway and McDonald's are finding success. "The rising number of nuclear families, exposure to global trends, the increasing number of employed women, an increase in the number of dual-income households, they have all had a significant impact on eating-out habits," said McDonald's franchisee Amit Jatia. The Globe and Mail (Toronto) (tiered subscription model) (01 Jan.) LinkedInFacebookTwitterEmail this Story
  • Reports: Manufacturing picture brightens in China
    Manufacturing in China matched November's seven-month high last month according to the official monthly purchasing managers' index, while a separate survey showed the strongest activity since May 2011. China's overall economy was forecast to rise 7.7% in 2012, below the 10% annual growth rate the country has seen for nearly all of the past three decades. The Guardian (London) (01 Jan.) LinkedInFacebookTwitterEmail this Story
  • Other News
  E-commerce Spotlight 
  • Poll: UK online sales to rise in 2013
    Two-thirds of online retailers in the UK expect sales to continue growing in the new year, despite ongoing struggles for brick-and-mortar stores, according to a Royal Mail poll. Online retailers set records during the holiday season, with sites booking 107 million visitors on Christmas Day, up 86% from the holiday in 2011, according to Experian. The Telegraph (London) (tiered subscription model) (02 Jan.) LinkedInFacebookTwitterEmail this Story
  Spotlight on Luxury Goods 
  • India's online retailers raise the luxury stakes
    The number of online retail sites in India that sell luxury goods has grown from fewer than 10 to more than 80 in the past two years, according to comScore. The sites are looking to set themselves apart and appeal to luxury shoppers by expanding their offerings with more premium brands and high-end accessories, lifestyle products and sporting goods. Wall Street Journal (India) (31 Dec.) LinkedInFacebookTwitterEmail this Story
  • L’Oréal Paris finds India ripe for growth
    L’Oréal Paris opened its first standalone makeup store in Mumbai in 2010, and the brand has expanded its retail presence in India since then with in-store shops in department stores and plans to expand to new cities. India is seeing growth in luxury cosmetics at a time when sales in other Asian markets have begun to slow, according to Euromonitor data. Wall Street Journal (India) (01 Jan.) LinkedInFacebookTwitterEmail this Story
  NRF News 
  • CEOs of Starbucks, Container Store, Whole Foods call for leadership
    Howard Schultz of Starbucks, Kip Tindell of The Container Store and Walter Robb of Whole Foods Market will address thousands of retail professionals at Retail's BIG Show, Jan. 13 to 16 in New York City, encouraging private sector leaders to come together to create jobs and help revive the global economy. Learn more. LinkedInFacebookTwitterEmail this Story
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Birds sing after a storm; why shouldn't people feel as free to delight in whatever remains to them."
--Rose Kennedy,
American philanthropist

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