China expansion not without its challenges
Gap's plans to triple its store network in China next year are hardly surprising given the country's booming consumer market, demand for western brands and, of course, the retailer's own strategic focus on global growth. But it admits the move is not without challenges.
China expansion not without its challenges
25 November 2011
Gap's plans to triple its store network in China next year are hardly surprising given the country's booming consumer market, demand for western brands and, of course, the retailer's own strategic focus on global growth. But it admits the move is not without challenges.
HONG KONG: Gap opens first flagship, eyes China growth
25 November 2011
US specialty clothing retailer Gap Inc today (25 November) opened its first flagship store in Hong Kong as part of ongoing plans to expand the international reach of its brands - and aims to triple its stores in the country by the end of its next financial year.
THE FLANARANT: Is own label about to collapse?
16 November 2011
With more and more own label apparel retailers eyeing growth in Asia and Latin America to make up for shortfalls in their domestic markets, Mike Flanagan asks whether a business formula that's running out of steam at home will now work abroad. Especially if it's fuelled by designers who have little connection to those foreign customers.
UK: Global growth lifts Burberry H1 profit by 41%
15 November 2011
Burberry has reported a 41% hike in first-half net profit, helped by strong sales growth and international expansion.
GERMANY: Adidas bullish after Q3 profit rises 14%
3 November 2011
Sporting goods giant Adidas is set for a record year after third quarter profit rose 14% on an 8% revenue increase, with margins holding up thanks to increased retail sales.
CHINA: Poised for huge fashion market growth
22 July 2011
China is poised to become one of the world’s largest fashion retail markets over the next decade, according to a new report which has identified six key trends for the near future.
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