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June 24, 2010

Daily News: A Global Roundup

By Robert Cordero
Daily News: A Global Roundup

“Gap has revealed plans to enter into the Chinese market, starting with four stores and an online site to launch towards the end of this year.” (Drapers)

“Asian millionaires are worth more than their European counterparts for the first time, with China and India leading the way.” (Plush Asia)

“Swedish fashion group H&M reported a 24% rise in profits for the second quarter of the year.” (Drapers)

“More confident about economy, affluents will drive online spending.” (eMarketer)

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