online stores Archives - Inside Retail Asia

APAC online shoppers spend $594b

Shoppers in six Asia-Pacific markets spent an estimated $594 billion in online stores last year, with US eCommerce sites being the main beneficiaries.

Inditex to hit milestone in China

Spanish retail group Inditex is about to open its 500th store in China. The Chinese market is now Inditex’ second largest market after Spain, where it has more than 1869 stores. Inditex will also soon launch online stores in Mexico and South Korea. With an active expansion program underway, the Zara parent expects to record a 14 per cent rise in revenue by 2020. The company’s store network stood at 6249 in 86 markets as at December 2013. Inditex will be joined by its rival H&M of…

Online shopping sets new record in India

Inflation and slower economic growth have failed to dampen the online shopping trend in India. Online shopping there rose 85 per cent in 2013, reveals ASSOCHAM. “The increasing Internet penetration and availability of more payment options boosted the e-commerce industry in 2013. Besides electronics gadgets, categories like apparel and jewellery, home and kitchen appliances, lifestyle accessories like watches, books, beauty products and perfumes, baby products have witnessed a significant…