Sunday 10 February 2013

Latest Retail News – 10/2/2013

Latest Retail News – 10/2/2013 
1. Kathmandu predict 13% sales increase for first half. 2. Local retail heavies including Gerry Harvey, Brett Blundy and John Gandel have made this year's Forbes Asia's rich list. 
3. French luxury goods giant LVMH, which owns Christian Dior and Lous Vuitton, has posted a sharp rise in profit and record sales for 2012. 
4. Starbucks opens its first Vietnam store in downtown Ho Chi Minh City. 
5. ACCC accuses Visa of trying to limit use of competitive currency conversion system. 
6. National Retail Association urges RBA to hold rate cut until full picture of December retail sales is available. 
7. RBA holds cash rate at 3% in February review. 
8. Online superpower Asos reports 41% growth on back of international dominated business. 
9. Woolworths outsources road transport to Linfox. 
10. ACCC authorises Casual Mall Licensing Code of Practice till 2017. 
11. NSW McDonalds offers world first table service. 
12. Ibisworld predicts dinner for two will be top Valentines gift in 2013. 
13. Latest ANZ’s monthly job survey shows decline for 11th straight month. 
14. Australian unemployment holds steady at 5.4%. 
15. ABS statistics show house prices rising by 2.1% over 2012.