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| Global retail industry news |  | | |  | - Unions oppose Wal-Mart's entry into South Africa
Wal-Mart Stores is facing opposition from a couple of unions in South Africa as it strives to acquire Massmart. The unions criticised the US company's labour and procurement records. "We call on urgent national action from government to investigate this hostile move by Wal-Mart. Companies whose practice it is to abuse workers' rights are not welcome in SA," according to the Western Cape branch of the Congress of South African Trade Unions. Business Day (South Africa) (29 Sep.)      - Sources: Fashion chain aims to acquire Israeli Mango, G-Star franchises
Castro Model, a fashion chain, is in negotiations to acquire the Israeli franchises of G-Star, Mango and Gap, which are owned by Mordechai Zisser's Elbit Imaging, according to reports. Gabi Rotter, co-CEO of Castro, has met with representatives from Elbit, and one source said the discussions are in the advanced stages. However, both Castro and Elbit have denied that they are negotiating a sale. Ha'aretz (Tel Aviv, Israel) (28 Sep.)  | Recruiters from Microsoft, Starbucks, Facebook & more
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 - CBI reports strongest UK retail sales growth since 2004
The Confederation of British Industry reported that retail sales in the UK were much higher than expected in September, with 60% of retailers noting an increase in sales volumes. Ian McCafferty, chief economic adviser at CBI, said merchants benefited from the changing seasons, but warned that consumer spending is likely to drop next year. "Retailers expect sales growth to continue next month and, as we get closer to January, sales will be helped by households seeking to beat the VAT rise," McCafferty said. "However, weak prospects for take-home pay mean that consumer spending is likely to be fairly restrained in 2011." The Guardian (London) (28 Sep.) - Watchdog claims supermarkets misled consumers on prices
The consumer watchdog Which? said it is reporting ASDA and Sainsbury's to officials at Trading Standards for supermarket pricing "tricks". The watchdog said the supermarkets tried to fool shoppers with large "great value" packages that were less of a value than smaller packages. ASDA and Sainsbury's blamed human error and said the prices have been changed. Telegraph (London) (29 Sep.)  | Reshaping Enterprise Workforce Management Software
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 | Retail in Asia |  | | | - GOME founder fails to gain shareholders' support
Huang Guangyu, once the richest man in China and who is now serving a prison sentence, was not able to gain investor support for proposed changes to GOME's senior management and board of directors. Huang was seeking to oust GOME's chairman and put his sister and lawyer on the board. However, investors did approve Huang's proposal to cancel a share-sale mandate. Bloomberg (29 Sep.) - Korean cosmetics brands expand into foreign markets
NeoPharm, a subsidiary of South Korea's Aekyung Group, recently announced that it has signed a deal with a retailer in the United Arab Emirates for $500,000 worth of cosmetics. "This export deal is meaningful, as it represents a foothold into the cosmetics market of Middle Eastern nations," said NeoPharm President and CEO Park Byeong-deog. The transaction is the latest for South Korea's cosmetics industry as more companies expand into markets around the world. JoongAng Daily (South Korea) (29 Sep.) - Online retailers look beyond US, study finds
NRF and Forrester Research released a study that showed online retailers in the US are increasingly going global. Online retailers are striving to reach the 1.6 billion online shoppers around the world. The study found that almost three-quarters of online retailers ship products overseas from domestic distribution centres. Meanwhile, 17% use foreign warehouses. MediaPost Communications/Marketing Daily (28 Sep.)  | Stop waiting for checks that are "in the mail."
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 | Spotlight on Luxury Goods | | | | - LVMH signs deal with Rakuten to battle counterfeits
Louis Vuitton Moet Hennessy and Rakuten have signed a memorandum of understanding to work to prevent online sales of counterfeit luxury goods. The largest maker of luxury goods in the world is teaming up with the largest online retailer in Japan as the latter expands into Europe and the US. Bloomberg (24 Sep.) | NRF News | | | | - The shopping experience your customers want
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Indian prime minister  |
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