   | Global retail industry news |  |
- Indonesia's poor prove a steady customer for global brands
Global brands are seeing strong performance among Indonesia's poor, who comprise nearly three-fourths of the population and whose spending remains unchanged during international economic downturns because they spend all they make on food and basic necessities. The result has been strong growth in Indonesia even as other global economies falter, and some brands including Nestle and Unilever are creating new products and ramping up production of lower-priced items. The Wall Street Journal (23 Jul.)       | Any business expanding globally needs to be aware of the complex and oftentimes stringent privacy regulations they'll encounter as they move into new markets. In the EU, for instance, a strict regulatory framework that could spell headaches for U.S. businesses who don't have the facts. Download this FREE eBook to avoid common pitfalls and streamline EU legal compliance. |
 | Retail in Europe |  |  | | - Sweden's H&M is in growth mode in US markets
Sweden-based apparel chain H&M has opened several new stores in Florida and Texas in the past year, as part of a bigger plan to expand its presence in the US, particularly in the West, Southwest, Southeast and South Central regions, the company said. H&M, which opened its first US store in New York City 12 years ago, also expects to focus much of its upcoming growth on smaller markets. Women's Wear Daily (subscription required) (24 Jul.) - Recession-era bargain hunters boost business at Oxfam shops
Oxfam's shops booked £90 million in retail sales last year, up 5% from 2010, as tight economic times had more UK residents shopping for bargains. Other UK charities are seeing similar trends -- sales at charity shops rose 3% in the first quarter, compared to the same period last year, according to the Charity Retail Association. The Guardian (London) (23 Jul.) | Retail in Asia | | | | - Hong Kong's high rents push some chains farther out
Retail rents in Hong Kong's most popular shopping districts are on pace to beat New York City's rates, perhaps as early as 2014, according to one estimate. The rapid rise is pricing some retail chains out of the market, including H&M, which will close its 30,000-square-foot flagship in the heart of the city and seek less pricey digs when the lease is up next year. Reuters (25 Jul.) - McDonald's China marketing chief knows the territory
Shanghai native and McDonald's China marketing VP Christine Xu says her background gives her a leg up on her counterparts at other US-based chains when it comes to expanding in China. "With her local insights into our customer needs, she has been able to marry our business model with the local Chinese culture and is making our brand more positively differentiated every day," said McDonald's China CEO Kenneth Chan. Advertising Age (tiered subscription model) (23 Jul.) | E-commerce Spotlight | | | | - Alibaba reorganizes business units on path to IPO
China's e-commerce giant Alibaba has reorganized its six subsidiaries, including online marketplaces Taobao.com, Tmall.com and Juhuasuan.com, into seven business units. The move is likely in preparation for taking the company public, analysts say. "Alibaba has been restructuring its organizations in the past few years, trying to find a suitable way to grow its business, and the move this time is not likely to be the last one," said IT analyst Hong Bo. China Daily (Beijing) (24 Jul.) | Spotlight on Luxury Goods | | | | - Jimmy Choo names new CEO, maps Asia expansion
Luxury shoe brand Jimmy Choo named former John Galliano managing director Pierre Denis as its new chief executive on Monday, handing him the reins as the company looks to increase its presence in Asia. "We are underrepresented in China, and it is a key priority of ours to look at entering that market in the best possible way," said Reinhard Mieck, CEO of Jimmy Choo's parent Labelux. Women's Wear Daily (subscription required) (23 Jul.) - Fashion magazines are in vogue in China
US publishers willing to put up with censorship squabbles are taking advantage of a new fashion trend in China: Consumers there love to browse through Chinese versions of ad-thick fashion magazines such as Harper's Bazaar, Elle, Vogue and Cosmopolitan. Luxury brands such as Louis Vuitton, Chanel and Gucci are popular in China, and the country's appetite for luxury goods reached $17.7 billion in 2010, according to Bain & Co. The New York Times (tiered subscription model) (22 Jul.) | NRF News | | | | - Why retailers need a digital signage strategy
From the movie screen to mobile phones, there are many different channels for retailers to deliver their brand messages in unique ways. But why has the retail industry been slower to implement digital signage compared to other industries? In an addition to the NRF Retail Reference Center, Platt Retail Institute outlines ways retailers can use digital signage to enhance their communication strategies to deliver choice and personalization to consumers across different media. Download the white paper.
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