Global Consumer and Retail 2013

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Thrifty spending habits seen dying hard even as economy lifts

LONDON/NEW YORK - Consumers are sticking to frugal shopping habits developed in the recession even as developed economies show signs of recovery, suggesting some behavior changes could be permanent, industry executives say.

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Dealmakers expect more M&A despite higher interest rates

NEW YORK - Boosted by recent high profile retail deals including Hudson's Bay Co's acquisition of Saks Inc and Neiman Marcus's sale to a new private equity group, merger activity in the sector has climbed this year, and top dealmakers expect more to come despite potentially higher interest rates.

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Walmart U.S. banks on kids' picks for holiday toys

NEW YORK - Wal-Mart Stores Inc expects competition in the toy aisles to be so tough this holiday season that it has turned to the experts in the field: kids.

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Reckitt Benckiser hungry for new health deals

LONDON - Reckitt Benckiser Group will be a major player in a coming shakeout of the global consumer health industry and has the firepower to do sizeable deals, its chief executive said. | Video

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Cortefiel looks overseas to escape Spain's slump

MADRID - Spanish clothing retailer Cortefiel is stepping up expansion overseas, including a return to the United States, to try to compensate for a difficult domestic market. | Video

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Jubilant still seeking Dunkin' Donuts' sweet spot in India

NOIDA, India - Jubilant Foodworks Ltd is scouting for a third global brand to launch in India even as the fast food chain operator tries to grow its latest franchise with Dunkin' Brands Group and convince Indians that doughnuts can be sweet too.

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Philippines' San Miguel plans to sell another 25 percent of food unit

MANILA - Philippine conglomerate San Miguel Corp is planning to sell up to a quarter of the outstanding shares of its food unit next year in a follow-on offer to raise funds for the group's expansion, company officials said on Wednesday.

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Kalbe Farma seeks to double Southeast Asia revenues

JAKARTA - Kalbe Farma aims to almost double to 8 percent its revenues from Southeast Asia within the next two years as it expands beyond its home market Indonesia to take advantage of a regional trade zone.

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Unilever CFO stands by India as long-term bet

LONDON - Unilever will keep investing in emerging markets like India even though growth is slowing, Chief Financial Officer Jean-Marc Huet said, pointing to the group's increased stake in Hindustan Unilever as a long-term bet.

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Thai CP All raises 2013 capex, focus on debt refinancing

BANGKOK - CP All Pcl , the retail flagship of Thai billionaire Dhanin Chearavanont's Charoen Pokphand Group, plans to refinance nearly 200 billion baht ($6.2 billion) short term debt into long term debt to control rising financial costs and boost margins, the company's finance chief says.

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QVC looks beyond TV and U.S. for growth

NEW YORK, Sept 9 - QVC is testing same-day shipping in Japan and is "actively looking" to enter new countries, efforts that should help the television shopping channel get 50 percent of its sales from outside the United States in the long run, its chief executive said on Monday.

Speakers

Summit Date Category
Aerospace and Defense 2014 Sep 8 - 11 Aerospace/Defense
Russia Investment 2014 Sep 22 - 24 Financial Services/Exchanges
Eastern Europe Investment 2014 Sep 29 - Oct 1 Financial Services / Exchanges
Global Climate Change 2014 Oct 13 - 16 Energy
Middle East Investment 2014 Oct 20 - 23 Financial Services/Exchanges
China 2014 Oct 27 - 29 Financial Services / Exchanges
Global Commodities and Resources 2014 Nov 3 - 5 Financial Services/Exchanges
Global Investment Outlook 2014 Nov 17 - 20 Financial Services/Exchanges

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