Asia has surpassed the US to become the world’s biggest retailing market, offering $3.8 trillion in sales in 2011, or 41% of the global pie, fueled by the growths of mid range retailers, sources reported.
Sam's Club, the membership store of Wal-Mart, has opened its ninth China in Hangzhou.
Located in Hangzhou's Xixi In-City, the new Sam's Club has an area of over 20,000 square meters, selling 4,600 kinds of well-selected products, including fresh food, dry goods, home appliances, household supplies, and apparel.
Dufry has further grown its presence in Asia after signing a deal to operate seven retail and duty-free stores within Bali International Airport in Indonesia, selling high-end goods such as perfumes, cosmetics, tobacco, liquor, confectionery, fine food, as well as a whiskey boutique and several satellite shops.
A number of renowned architects have been taking a break from their routine and carving into footwear design, producing stunning cross-over masterpieces, according to Architizer News.
Brazil saw its monthly value for exports of hides and skins reached record-high figures from in April 2013, according to figures from the country's department of overseas trade.
