Inside Retail Asia
Singapore’s BreadTalk Group has reported a year-on-year revenue increase of 6.1 per cent.
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.
Mounting losses in the South Korean e-commerce industry are calling local business models into question.
Singaporean m-commerce platform Carousell has raised US$56 million from Naspers.
H&M has launched its Conscious Collection with Chinese actress Tong Liya among the 13 women featured in the promotional campaign.
Hong Kong beauty products retail Sa Sa International has reported a 7.2 per cent decline in sales for the March quarter.
Japanese beauty portal Istyle has launched an @Cosme flagship store on Chinese e-commerce platform Tmall.
San Francisco-based retailer Levi Strauss announced plans to open 100 new company-operated stores this year.
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 has gained pace with the growth rate in consumption on premise 25 per cent higher last year.
Doc’s Barbershop has opened in Chengdu, a stunning retail space that also features a cocktail bar.
Beauty and wellbeing retailer Lush UK will close its social media accounts this week.