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Joyce Abano

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The top retail trends in China

Reinventing bricks-and-mortar stores and engaging in enterprise-wide digital transformation are vital in 2019, a study by Fung Business Intelligence reveals.

Zara parent hit by unusually warm weather

Zara owner Inditex has posted slow like-for-like sales growth due to the unusually warm autumn and adverse currency moves.

H&M launches gender-neutral collection

Fashion giant H&M has teamed up with Swedish streetwear brand Eytys to launch a gender neutral fashion collection.

Macy’s, Facebook bring e-commerce brands to Life

US department store chain gives floor space to online-only brands.

Victoria’s Secret’s CMO apologises for transgender comment

Luxury exec says “we absolutely would” cast a transgender model.

Pricey iPhone models drive Apple profit higher

Tech giant posts increase in quarterly revenue.

Alibaba expects mega-shopping event to top previous ones

Last year’s event brought in $25.3 billion in gross merchandise value.

Michael Kors acquires Versace for US$2 billion

Michael Kors plans to expand the Italian label to 200 to 300 stores.

Australia’s Vicinity Centres enters joint venture with Keppel

Retail landlord Vicinity Centres to establish new A$1 billion wholesale property fund.

Tesco, Carrefour team up in bid to cut prices

Britain’s largest grocery chain trials “shop and go” technology.

Starbucks US to close 150 stores

Seattle-based coffee chain to close underperforming company-operated stores next year.

Macy’s says physical stores sales ‘healthy’

Outlook improves amid upbeat commentary.

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