Abstracts » Business, international

Europe's retailers develop taste for growth in big Asian markets

Article Abstract:

Carrefour S.A., Royal Ahold N.V. and Tesco PLC have found fast-growing markets in Asia where many shoppers now prefer the European retail stores to local mom-and-pop stores and department stores. Sales in Asia were nearly $4 billion last year for Carrefour, increasing by half from the previous year, while Tesco saw increases of 40% in overseas sales.

United Kingdom, Netherlands, France, Hypermarkets, Grocery Stores, Warehouse Clubs and Superstores, Supermarkets and Other Grocery (except Convenience) Stores, Supermarkets, Variety stores, Retail trade, Grocery industry, Column, Superstores, Tesco PLC, Carrefour S.A., Royal Ahold N.V.

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Ad agencies in Asia gobbled up one-fifth of global sales in 2000

Article Abstract:

The top ten ad agencies in Asia for 2000 are listed with Dentsu, Hakuhodo, and Asatsu-DK leading the rankings with revenues of $2300 million, $992 million, and $399 million, respectively. Revenues increased almost 20% in Asia, accounting for one-fifth of the world's $40.5 billion received by large ad agencies. Most of the revenues came from Japan, which has the second-largest advertising market behind the U.S.

Japan, Advertising agencies, Dentsu Tec Inc., Hakuhodo Inc., Asatsu Inc.

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Ad spending rises in region: multinational agencies gain dominance

Article Abstract:

An ACNielsen Corp survey has revealed rising advertising spending in most of Asia, and that, in turn, may indicate rising consumer confidence. With the exception of Japan, first-half 1999 Asian ad spending growth outpaced that in the US and Europe, according to the survey. The survey also showed an increasing dominance by European- and US-owned multinational agencies.

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