Retailers on edge in Asia/Pacific as region is braced for downturn

18-May-2001

ASIA/PACIFIC. Travel retailers are bracing themselves for a potentially damaging downturn in Asia, fuelled by the US slowdown and the stalled Japanese economy. Although few observers believe the slump will reach the depths of 1997, fears are rising that travel patterns and sales will be hit as economic growth slows.

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ASIA/PACIFIC. Travel retailers are bracing themselves for a potentially damaging downturn in Asia, fuelled by the US slowdown and the stalled Japanese economy. Although few observers believe the slump will

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