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Asia Pacific continues to witness rapid economic growth which is raising the living standards of millions of people and driving retail demand. With persisting economic challenges in many developed markets, international retailers are increasingly looking to emerging markets such as Asia Pacific for growth.In this report, we examine the presence and expansion patterns of 100 top international retailers, both luxury and mid-tier, in 30 major cities in Asia Pacific. We identify major trends in key markets across the region, taking into account factors such as retail sales, market size and rental rates. It is evident that the presence of international retailers varies across geographies and also by retailer category.However, with strong growth prospects we are seeing both mid-tier and luxury brands from different parts of the world expanding to numerous locations in Asia Pacific.
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11 September 2014