Magazines Archives - 2009 November

Is the global economic recovery already on ... ? - Part 2: Probably yes; and it won’t be business
as usual for Asian retailers ...
Story 1 - One Viewpoint

Part 1 discussed the quicker-than-expected rebound of the global economy from a downturn not seen since the Great Depression of the 1930s. It examined the key drivers of this upswing and the possible factors that might derail it. Part 2 now reviews the unfolding scenario of the rebound. But is the nascent rally sustainable? The outlook is generally promising, especially for
Asian retailers as they gear up for the all-important year-end holiday-shopping season. The experts, however, are cautioning that things would not return to normal as before the meltdown. What are the features of the “new normal”?

Steven HL Goh is the executive chairman of RETAIL ASIA. He is also CEO of The Business Company, a consulting firm advising multinational retailers on retail strategies and business development opportunities in the Asia-Pacific.

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