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Inside Retail Asia

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Online fashion retailer Mogu reports sales up 18.7 per cent

Chinese online fashion and lifestyle retailer Mogu has reported an 18.7 per cent increase in GMV for the year to March, to US$2.594 billion.

Lulu Group’s Tablez plans 150 stores by the end of 2020

Lulu Group’s retail arm Tablez is moving to invest US$75 million into the Indian market with the aim of opening more than 150 stores by the end of next year.

H&M India charts stable growth path as revenues rise

H&M India reportedly surpassed US$157.6 million in sales in the 12 months to last November.

Aeon Malaysia to invest US$119 million on new malls, refurbishments

Aeon Malaysia will spend around US$119 million this financial year on mall renovations and new openings.

Shiseido and AS Watson strengthens strategic alliance

Shiseido and AS Watson have been close partners for years – now they are about to get even closer.

Bossini loss likely to be four times that of last year

Bossini has issued a profit warning saying unseasonal weather and weak consumer sentiment is impacting sales.

Xin Dau Ji expands from Hong Kong to Malaysia

Michelin-starred Hong Kong seafood restaurant Xin Dau Ji has opened in Ekovest’s mixed development project, EkoCheras Mall in Malaysia.

7-Eleven Malaysia sales, profit surge in first quarter

7-Eleven Malaysia has achieved sales growth of 9 per cent in the first quarter – and net-profit growth of 24.9 per cent.

DHL China to start drone deliveries

DHL China is to start delivering goods by drones, cutting the delivery time on a route in Guangzhou from 40 minutes to just eight.

Rimowa Singapore opens store at Raffles Hotel

Rimowa Singapore has opened a new store at the newly refurbished Raffles Hotel.

Eight bidders in running for Metro China

Yonghui Superstores – part owned by Dairy Farm Group – is among at least eight bidders for the Metro China business.

Bobbi Brown launching on Lazada

Bobbi Brown cosmetics is launching on Lazada Malaysia, Thailand and Singapore this week.