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.

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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.

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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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