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  | Global retail industry news |  | | |  | | Global Industry Watch |  | | | - Westfield: Australian retail sector retains strong base: Westfield Group said retailer margins in Australia have been helped by the strong dollar and that although turnover has been slower this year, the sector remains solid. "Of course, you have a very strong dollar that assists in the margins of those businesses, and the ability to purchase goods from lower cost economies, such as Asian countries, [has] really boosted the ability for the efficiency of retailers," said Steven Lowy, managing director at Westfield Group. The Sydney Morning Herald (Australia)/Australian Associated Press (03 Nov.)
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 - H&M prepares to launch Lanvin collection
Designers have been developing collections for high street retailers for years, but the first glimpse of the highly anticipated Lanvin collection for H&M shows that consumers welcome such collaborations. H&M stores globally will start selling the Lanvin [hearts] H&M collection on 23 Nov. The range includes womenswear, menswear and accessories. The Independent (London) (03 Nov.)  | In any industry, operational excellence revolves around key business outcomes including productivity, cost control, and quality of service. For retailers, all of these outcomes are highly, if not entirely, dependent on the quality of the workforce and how it is managed. Find out what challenges retailers are facing, and what a workforce management solution can do for your bottom line. |
 - South Korea's Lotte, US firm reportedly battle to acquire Hypermart
Indonesia's Matahari is striving to sell Hypermart for $1 billion, with interest coming from US private equity group Carlyle and South Korean retailer Lotte Shopping, said sources. An acquisition of Hypermart is seen as an opportunity to gain exposure in the retail sector of Indonesia, which is predicted to grow about 6% this year. Reuters (02 Nov.)  | Handle social media's risks — gain its reward
This 75 min. session tackles the challenges that associations face when adapting social media. Learn how to mitigate legal & compliance issues, coordinate national & local efforts, maintain workplace productivity, and protect your association's brand. Get this Buzz2010 session + 2 more for just $59. |
 - China's online sales are slated to grow threefold by 2015
Online retail in the Asia-Pacific region is growing fast, with China poised to overtake Japan soon and triple online retail sales in the next five years, according to a new report from Forrester Research. The online retail market in China is dominated by Chinese company Taobao.com, but large international players such as Amazon are gaining a larger presence, the report says. InternetRetailer.com (29 Oct.)  | In this free white paper from SAP find out how IDC's program director for HR and talent management services, Lisa Rowan, answers five key questions about the current state of HR business process outsourcing (BPO). See how the role of underlying technology continues to be a factor in the success or failure of BPO projects. |
 | Technology Solutions | | | | | Spotlight on Luxury Goods | | | | - Burberry CEO stresses importance of digital strategy
A retailer's brand-building efforts should include a digital strategy while maintaining the company's soul, says Burberry CEO Angela Ahrendts. "Transitioning the business to the digital age was the top priority. We turned our world upside down in every area. But everything we do with the brand at the core, keeping with the ethos of the brand," she said. The Economic Times (India) (28 Oct.) | NRF News | | | | - 5 tips to improve SEO, mobile marketing and paid search efforts
Last week, Shop.org's webinar on 40+ things you can do to make more money next week featured retail execs from Vintage Tub & Bath, Proclivity Systems, Cat5 Commerce, Mobile Fusion and ChannelAdvisor. Shop.org's Artemis Berry outlines her five favourite tips from the event -- and shares how Shop.org members can hear all 40+. Read more.
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