THE FLANARANT: Local knowledge is key to retail success
By Mike Flanagan | 25 October 2011
With western retailers increasingly optimistic about business in emerging markets, does it also hold true that the industry will soon "be sourcing everywhere and selling everywhere"? Not according to Mike Flanagan, who believes most developing markets will stay small for a long time, and that locally-owned retailers will be the long-term beneficiaries.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
Top stories on just-style this week...
Top stories on just-style this week included a reality check about uncompetitive China, Marks & Spencer admitting to running short of its best-selling women's wear lines during its fourth-quarter, and Uniqlo planning to open a store in San Francisco this autumn.
SOUTH AFRICA: Slowdown in clothing industry job losses
Efforts to stem job losses in the South African textile and clothing sector have been helped by government support and a union campaign to try to revitalise the country's manufacturing industry.
US: Levi Strauss elects Alstead to board
Denim brand Levi Strauss & Co has today (19 April) appointed Troy Alstead to its board of directors, expanding the board to ten members.
Market research related to this article
Inditex, Industria de Diseño Textil in Retailing (World)
With economic uncertainty in the Eurozone and a Spanish economy that could flounder, what is the outlook for Inditex, the Spanish apparel and home furnishings giant? This report looks at Inditex’s fight for growth and emerging market development, aga...
H&M Hennes & Mauritz AB in Retailing (World)
As economic conditions leave consumers looking for value for money clothing, and developing regions acquire a taste for Western fashion, low cost apparel specialist retailer H&M is likely to benefit. However, could an overreliance on Western Europe p...