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Why luxury brands should focus in on Middle East strategy

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 Insights

11-Dec-18 Luxury brands should not overlook the growing market in the Middle East, with a projected growth of 50 percent for clothing and footwear. Sotheby’s notes that demand for rare and modern watches is at an all-time high in the region. [image: Luxury Society]

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China's coffee retail market hots up

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27-Nov-18 As China embraces a coffee culture, Luckin, Starbucks' only real challenger, has to get customers to try out its delivery service, and "hope to retain them based on the convenience and value,” said Pete Read, CEO of Global Growth Markets. [image: ImagineChina]

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Is Korea’s retail sector future-proof?

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27-Nov-18 E-commerce is reshaping retail and threatens to displace traditional shopping. Korea’s retail sector is thriving in the face of this upheaval, with 6% growth in 2018. Improved relations with China have driven 34% duty-free sales growth. [image: Shutterstock / Retail In Asia]

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Amazon to pick up 9.5% stake in Indian offline retailer

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06-Nov-18 Close on the heels of Walmart acquiring Indian e-commerce firm Flipkart, Amazon is cutting deals with offline retailers in India. Its investment arm is set to pick up a 9.5% stake in Future Retail for INR25 bn (USD346 mn). [image: Amazon / Asia Times]

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