Magazines Archives - 2008 November

Retail developers at ICSC Asia Expo pin hopes on Asian markets
Story 5 - Special Review

WITH the news of the global financial meltdown just fresh off the press, the mood was somber at the International Shopping Centers (ICSC) Asia Expo 2008.

In the halls of The Venetian Macao- Resort-Hotel — the venue of the ICSC Asia Expo 2008 — discussions on the global economic downturn and its impact on the retail sector prevailed.

Still, industry players continued to be optimistic about the retail industry’s growth, particularly in the Asian region.

In her opening remarks for the event, which ran from October 14-16, Mary Lou Fiala, chairman of ICSC USA, noted that while consumer spending has been hampered by weak sentiment, “this is not to say that other economies are not thriving and retail sales are not expanding”.


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2008 Nov Stories:

Holiday sales: How much of this will be washed out by the economic storm?

Developers leading green-mall movement in Singapore

The NRA Show remains important as dynamic industry event

Top retailers feted at awards ceremony and gala dinner

Retail developers at ICSC Asia Expo pin hopes on Asian markets

Harvey Nichols boosts MAP’s status as retail powerhouse in Indonesia

Auric Pacific raises stake in Food Junction to boost industry presence

Orchard Central goes Med

US JCPenney launches Australian online portal

ViVOtech extends expertise technology to NFC public trials in Singapore

Elizabeth Arden brings Juicy Couture to Asia

Saigon Co.op on track to open 100 stores by 2015

Takashimaya, H2O Retailing to merge by 2011

bulthaup’s new clean line of furniture shies away from the trendy

Lotte growing aggressively through global acquisitions

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