BERLIN (Reuters) – Online retailer Zalora hopes to replicate in Southeast Asia the “fast fashion” model pioneered by Zara, betting on an e-commerce boom in a region better known for manufacturing the latest trends for the West rather than modelling them.
Zalora was launched in early 2012 and now sells around 500 brands in Singapore, Indonesia, Malaysia, Thailand, Vietnam, Hong Kong, Brunei and the Philippines, setting up local warehouses in each market to speed delivery.
FRANKFURT (Reuters) – Associated British Foods (ABF.L: Quote, Profile, Research, Stock Buzz) plans to increase the expansion pace of its Primark discount chain, upping pressure on the world’s two biggest fashion retailers, Inditex (ITX.MC: Quote, Profile, Research, Stock Buzz) and H&M (HMb.ST: Quote, Profile, Research, Stock Buzz), in their top markets in Europe.
Primark will add a million square feet of selling space in the coming year, mostly in Britain, Spain, Germany, France and the Netherlands, after growing 0.8 million in the financial year to September 14, to a total of 9 million or 257 stores.
BERLIN, Oct 29 (Reuters) – Workers at two Amazon.com Inc
distribution centres in Germany went on strike again on
Tuesday over pay and conditions, the latest blow to the world’s
biggest Internet retailer in its second-biggest market.
Services trade union Verdi called a one-day strike at Amazon
centres in Leipzig and Bad Hersfeld after workers in Leipzig had
already walked off the job on Monday. Amazon said deliveries
were unaffected as most employees continued to work.