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Despite the worldwide economic recession and the laid-back attitude of the American wine consumers, there was an increase in the shipment of California sparkling wine in 2009. As announced by the Wine Institute, California vintners witnessed an increase in shipments in the time of financial meltdown pervious year, registering a 0.2% growth in the US wine market sales- 467.7 Million Gallons, as per the news published by examiner . California   ... Read more
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Germany - Retail Sales Expected to Remain Dour
29 Aug, 2008
Rising inflation along with low job market are likely to taint the retail sales in Germany in coming months by pushing the consumer spending down. Germany’s retail traders’ organization, HDE, has forecasted that the retail sales would fall in coming months under heavy pressure from ...Read more

South Korea Recorded Dull Departmental Retail Sales
22 Aug, 2008
Economic slowdown, rise in oil prices and increasing household debts led to a drop in the retail sales in South Korea during June 2008. According to the data released by the government on July 10, 2008, the annual sales in major departmental stores of South Korea in June 2008 slumped over a month ...Read more

Vietnam Emerging as Attractive Retail Space for Investment
20 Aug, 2008
The Vietnamese retail industry has emerged as a preferred investment destination for foreign players owing to rising per capita income, GDP growth and favorable business conditions. According to A.T. Kearney, a leading research company, Vietnam has grown into the most lucrative emerging ...Read more

Turkish Retail Market Growing by Leaps & Bounds
12 Aug, 2008
Turkey’s total retail expenditure reached $221.6 Billion in 2007 with about $125.6 Billion expenditure on food and drinks, making up for 56.7% of total expenditure, says GYODER. The Chairman of GYODER, an Association of Real Estate Investment Companies, Can Fuat Gürlesel, said that the ...Read more

China Posted 21.6% Hike in Retail Sales in May 2008
08 Aug, 2008
Retail sales in China surged 21.6% in May 2008 on the back of rising consumer spending, high economic growth, and government’s efforts to encourage people for spending more. According to the National Bureau of Statistics (NBS), retail sales in China rose by 21.6% in May this year, close to ...Read more

UK - Sunny Weather Kept Warm in May 2008
04 Aug, 2008
After witnessing a slump in the previous month, retail sales in the UK grew by 1.9% year-on-year in May 2008 due to warm weather conditions and rising consumer confidence. The UK retail sales increased like-for-like by 1.9% in May 2008 against the corresponding month last year, after recording a ...Read more

Hong Kong Recorded 18.7% Jump in Retail Sales in April 2008
04 Aug, 2008
Retail sales in Hong Kong reached $2.9 Billion April this year, up by 18.7% over 2007, says the Hong Kong Census and Statistics Department. The Hong Kong Census and Statistics Department revealed that the retail sales in Hong Kong reached around $2.9 Billion in April 2008, an increase of about ...Read more

Polish Retail Sales Rose by 17.6% in April
28 Jul, 2008
Polish retail sales recorded an increase of 17.6% in April 2008, up by 2.9% over March 2008, says Polish Statistics Office. Data released by the Central Statistical Office, Poland showed that the retail sales in Poland grew by about 17.6% during April 2008, an increase of around 2.9% over March ...Read more

Indian FMCG Industry Set to Grow 16% during 2008-09
02 Jul, 2008
The Indian FMCG industry is expected to grow 16% during 2008-09 with rising disposable income, changing lifestyle and rapid urbanization. The Federation of Indian Chambers of Commerce and Industry (FICCI) predicted that the Indian FMCG industry sales would grow 16% during 2008-09, reported ...Read more

UK Retail Sales Slumped 1.5% in April 2008
01 Jul, 2008
The UK retail sales fell by 1.5% in April 2008 and clothing and food stores were the worst hit, says British Retail Consortium. According to the British Retail Consortium (BRC), in April 2008, the retail sales fell consecutively second month by 1.5% following 1.6% drop in March 2008, as reported ...Read more

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