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Thailand acquisition boosts BreadTalk sales

Singapore’s BreadTalk Group has reported a year-on-year revenue increase of 6.1 per cent.

Shandong Ruyi seeks to raise $500m in US IPO to pay for

Chinese textile and retail investment company Shandong Ruyi will list an IPO for its recently acquired The Lycra Co. in the hopes of raising around US$500 million.

South Korean e-commerce industry feeling the heat

Mounting losses in the South Korean e-commerce industry are calling local business models into question.

Carousell raises US$56 million

Singaporean m-commerce platform Carousell has raised US$56 million from Naspers.

Tong Liya helps launch new H&M Conscious Collection

H&M has launched its Conscious Collection with Chinese actress Tong Liya among the 13 women featured in the promotional campaign.

Home market hurts Sa Sa International sales

Hong Kong beauty products retail Sa Sa International has reported a 7.2 per cent decline in sales for the March quarter.

@Cosme flagship store opens on Tmall

Japanese beauty portal Istyle has launched an @Cosme flagship store on Chinese e-commerce platform Tmall.

Levi’s to open 100 stores this year

San Francisco-based retailer Levi Strauss announced plans to open 100 new company-operated stores this year.

LVMH global revenue rises 16 per cent in first quarter

LVMH global revenue rose 16 per cent in the first quarter of this year, with Asia and every other geographical market fuelling growth.

China’s coffee craze gains pace

China’s coffee craze has gained pace with the growth rate in consumption on premise 25 per cent higher last year.

Featured store: Doc’s Barbershop in Chengdu

Doc’s Barbershop has opened in Chengdu, a stunning retail space that also features a cocktail bar.

Lush UK to close all social media accounts

Beauty and wellbeing retailer Lush UK will close its social media accounts this week.

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