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Taking China's Temperature - The Business of Fashion

Taking China's Temperature - The Business of Fashion | Retail in Asia | Scoop.it
SHANGHAI, China — Not long ago, China’s vital signs were positively athletic. Most of the numbers that economists track were up and it seemed a matter of course that they would keep on rising. You didn’t need to be a financial whiz kid to work out that market indicators like these meant business was good. But last year, for the first time since global fashion players put down deeper roots in China, forecasts for the country were not that hot. Now, the latest figures are out and what they reveal is that the temperature of this gargantuan market can go … More
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Chanel No5 and Baz Lurhmann team up again on branded content piece starring Gisele Bundchen

Chanel No5 and Baz Lurhmann team up again on branded content piece starring Gisele Bundchen | Retail in Asia | Scoop.it
Chanel No5 has released a three-minute branded content video piece starring Brazilian supermodel Gisele Bundchen and directed by Baz Lurhmann.   The new film follows in the footsteps of the brand’s 2005 piece ‘the movie’ with Nicole Kidman, a spin-off of the Moulin Rouge film also directed by Lurhmann. In a similar epic style, ‘The one that I want’, set to a slowed-down version of the Grease tune, follows the daily life of today’s Chanel No. 5 woman, personified by Bundchen. Throughout the film

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Ports fashion looks for haven from China storm in Europe - Business Insider

Ports fashion looks for haven from China storm in Europe - Business Insider | Retail in Asia | Scoop.it
Milan (AFP) - Ports 1961, the designer subsidiary of Hong Kong-based Chinese fashion retailer Ports Design Ltd. is poised for "substantial growth" in Europe...
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Chinese Windowshop at Home, Buy Luxe Goods Overseas - Sourcing Journal Online

Chinese Windowshop at Home, Buy Luxe Goods Overseas - Sourcing Journal Online | Retail in Asia | Scoop.it
Western luxury brands may have cornered the market for copious consumption and status in China for the past decade, but a new breed of emerging homegrown luxury brands are creating a stir for brands that embody a sense of Chinese aesthetics with a...
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Major retail tenants now more open to shops in regional malls - South China Morning Post (subscription)

Major retail tenants now more open to shops in regional malls - South China Morning Post (subscription) | Retail in Asia | Scoop.it
Major retail tenants now more open to shops in regional malls South China Morning Post (subscription) Weakening retail sales and pricey rents in second-tier streets in core shopping districts have led major brands to look for shops in regional...
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Designer Spotlight: Natalia Allen A Pioneer In Wearable Technology

Designer Spotlight: Natalia Allen A Pioneer In Wearable Technology | Retail in Asia | Scoop.it
New York City designer Natalia Allen uses robots to create seamless, high quality dresses for professional women and is revolutionizing the manufacturing process to create zero waste along the way.
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China retail sales growth continues to ease - People's Daily Online

China retail sales growth continues to ease - People's Daily Online | Retail in Asia | Scoop.it
BEIJING,Oct.21--GrowthinChina'sconsumerspendingcontinuedtocoolinSeptemberasthecountry'sthird-quarter
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How Everlane Succeeded in Fashion by Acting Like a Tech Company - Style.com

How Everlane Succeeded in Fashion by Acting Like a Tech Company - Style.com | Retail in Asia | Scoop.it
How Everlane Succeeded in Fashion by Acting Like a Tech Company
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Big Data: Getting To Know The (Un)Predictable Shopper

Big Data: Getting To Know The (Un)Predictable Shopper | Retail in Asia | Scoop.it
Big Data is an opportunity for retailers to become more competitive. Here's how retailers can use this data to make a big difference in their business.
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Chinese Internet companies heading West | Asia | DW.DE | 16.09.2014

Chinese Internet companies heading West | Asia | DW.DE | 16.09.2014 | Retail in Asia | Scoop.it
With Alibaba poised to set a new record for the world's biggest IPO in New York, other Chinese Internet companies are also eyeing Western markets, says DW columnist Frank Sieren.

Via Charles Tiayon
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Charles Tiayon's curator insight, September 16, 2014 7:43 PM

It will be interesting to see how Alibaba, China's biggest e-commerce platform, fares this week with its US initial public offering. If investor demand is as high as analysts predict, Alibaba could set a new record for the world's biggest IPO.

But hype aside, it's worth paying heed to the other Chinese Internet businesses as successful as Alibaba and now also looking to expand westwards.

Chinese search engine Baidu, for example, is becoming an increasing annoyance to American IT companies. In May, Baidu hired Andrew Ng away from Google to be chief scientist at its research lab in Silicon Valley. Recent weeks then saw the Chinese poach Zhang Yaqin from Microsoft, where he served as vice president and chairman of its Asian-Pacific research and development group.

DW columnist Frank Sieren

It's not hard to see why Zhang was lured away - things haven't been going well for the Microsoft in Asia of late. Beijing has banned the use of Windows 8 on government computers, while Chinese authorities have launched an anti-monopoly investigation into the US technology giant.

Zhang won't have to worry about such matters at Baidu. There, he'll be up against very different challenges. The company's primary concern right now is maintaining its position as one of the top three Internet companies in China, home to over 600 million Internet users.

Chinese market just got tougher

Until now, China's Internet giants had domestic markets carved up between them. Baidu had the search engine market cornered, Alibaba e-commerce and Tencent social networks and gaming. But now their dominance is being threatened by the rapid spread of smartphones and the proliferation of young, ambitious companies.

Zhang's job will be to help Baidu defend itself against the competition. The company is also eyeing the global market. It named its new lab in Silicon Valley the "Institute of Deep Learning," but it's highly unlikely that it will be focusing its energies on artificial intelligence. Chief Financial Officer Jennifer Li revealed a year ago that Baidu was planning to invest in the search engine market worldwide.

Search engine Baidu is one of Google's biggest competitors

Baidu and all of China's leading Internet firms started out as copies of US companies. Once pale imitations, some of them are now outstripping the originals. With this in mind, Tencent, best known for its social networking platforms QQ and WeChat (the Chinese answer to WhatsApp), has already embarked on a westwards expansion. WeChat's 600 million users in China have now been joined by 200 million users overseas. Tencent is also making some useful investments abroad, spending over $2 billion (1.5 billion euros) on US Internet firms like the e-commerce company Fab, Riot Games and Epic Games.

Alibaba goes from strength to strength

The westwards expansion of Alibaba, meanwhile, is still underway. It will likely use part of its earnings from the IPO to buy a few more Western startups. Last October, it spent over $200 million on ShopRunner, an online retailer that competes with Amazon. It has also invested in the online sports merchandise retailer Fanatics as well as Quixey, a search engine for apps.

The days when the likes of Facebook and Google were the uncontested kings of the world markets appear to be over. Further evidence that we are moving towards a multipolar world.

DW columnist Frank Sieren has lived in Beijing for 20 years.

DW RECOMMENDS
Jack Ma: China's controversial 'Mr. Internet'

Some hate him. But for others, he is a trendsetter, an Internet wizard and a role model. Jack Ma, the founder of China's e-commerce giant Alibaba, is never afraid of breaking the rules, but he makes sure he gets his way. (10.09.2014)

Alibaba increases IPO price range

Chinese online retail giant Alibaba has increased the price range for its upcoming flotation on Wall Street. The revised price would value the Chinese market leader at roughly $25 billion, far more than Facebook in 2012. (16.09.2014)

Opinion: What Western rivals can learn from Alibaba IPO

Chinese online retailing conglomerate Alibaba Group is readying for the biggest tech sector IPO in US history. Its western rivals should watch and learn, says DW columnist Frank Sieren. (11.09.2014)

What makes Internet giant Alibaba so successful?

As Chinese e-commerce giant Alibaba prepares for what is likely to be the biggest IPO of a technology firm in the US on record, analyst Yan Anthea Zhang speaks to DW about the secrets behind the company's success. (09.09.2014)

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Next Big Thing - Beacons: What they'll do for retail

http://cnet.co/1syCytN Brian Cooley discusses retail beacons and how retailers and customers plan to use the Bluetooth devices in stores.
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Definitely effective during a rush hour : ) 

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J. Crew Returns to Asia With 2 Hong Kong Shops - ABC News

J. Crew Returns to Asia With 2 Hong Kong Shops - ABC News | Retail in Asia | Scoop.it
Wall Street Journal
J. Crew Returns to Asia With 2 Hong Kong Shops
ABC News
U.S. fashion retailer J. Crew opened two stores in Hong Kong on Wednesday, marking the company's return to Asia after it pulled out of Japan six years ago.
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