Asia
Asia, World news - January 2017
The U.S. private equity firm Warburg Pincus raises US$2 billion fund to invest in China
The private equity firm Warburg Pincus LLC said in December that it has raised a $2 billion fund and closed financing after...
McDonald’s aims to sell up to 80% of the Chinese business to the Carlyle consortium, which already includes Citic, the Chinese state-owned...
Asia, World news - January 2017
Can Malaysia solve retail oversupply
Moving to reduce the glut of retail space in Malaysia, the Retail Chain Association (300 retailers operating over 20,000 stores in the...
Asia, World news - January 2017
Ikea aims to modernise Indian retailing practices
By the end of 2017, the world’s largest home furnishing retailer Ikea will inaugurate its 1st Indian store in Hyderabad (in Telangana...
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After an eight month delay, without details of the investment, the British chain House of Fraser has opened a 1st Chinese department...
Asia, World news - January 2017
Retail sales plummet in India
In India, an array of retailers predicts a sales drop of two-digits over the next few months. For Vivek Bali, Business Director...
Asia, World news - December 2016
China faces a million-baby boom…
As the one-child policy was relaxed in October 2015, allowing couples to have 2 children, the government announces that the birth rate...
Asia, World news - December 2016
Malaysia will house Asia’s biggest outlet centre…
The 2nd construction phase of the Mitsui Outlet Park KLIA has started in Sepang, near Kuala Lumpur airport. Developers are Mitsui Fudosan...
Asia, World news - December 2016
Esprit will sell online in India…
The fashion retailer Esprit has signed an exclusive partnership with online fashion retailer Myntra (owned by Flipkart, India’s largest online retailer by...