Global Retail news and archive

Hong Kong: most targeted market for international retailers in 2017

Hong Kong is the place to be for retailers exploring foreign markets. For the third year in a row, the region has scored the top spot on an annual list of most targeted markets for international retailers, made by real estate investment firm CBRE. A total of 85 international retailers have entered Hong Kong’s market for the first time last year,...

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Fashion |REPORT

The new luxury: not what you buy, but where

The luxury industry is buoyant. In fact it is worth a staggering 225 billion euros, triple the size of what it was twenty years ago. In the year to 2014 it grew 7 percent, a sustainable growth, considering the previous demand from China and markets with expanding populations enjoying healthy disposable incomes. But luxury is no longer about...

Retail

Global Duty Free market to grow by 25 billion dollars by 2019

The global duty free market is predicted to increase 51 percent from 48.7 billion dollars in 2014 to 73.6 billion dollars by 2019 as the ongoing expansion of low cost airlines, larger airplanes and additional airports increase to accommodate the number of international travellers, according to the latest report from retail research agency...