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SaSa International to close up to 20 Hong Kong stores
SaSa International reported a loss of US$45.3 million which is less than the $66.5 million of the previous year.
Global Brands Group is technically insolvent, despite latest asset sale
Chairman blames Covid-19, “geopolitical uncertainties” and “structural shifts in the retail industry” for the company’s ...
Cafe de Coral ramps up Mainland China expansion plans
Seventeen more fast-food stores are slated to open in the region during the current financial year.
Iconix Brand group taken private in US$585 million PE deal
Deal brings to an end a year-long search for an investor to help relieve the business of a heavy debt burden.
Oriental Watch profit soars as Chinese shop at home instead of travel
Oriental Watch’s news follows last week’s results announcement from Hong Kong-headquartered jeweller Chow Tai Fook showi...
China, Taiwan help Harvey Nichols parent survive Hong Kong retail bust
A strong performance in Mainland China mitigated the damage in Hong Kong where sales were down by 31 per cent due to the...
During Covid, online shoppers are developing habits that are hard to break
“Consumers are changing their online behaviours because the online model is significantly superior to the offline model....
OmniFoods unveils faux fish range
“Now, we can enjoy fish and chips without harming the ocean,” said Green Monday co-founder and CEO David Yeung.
Chow Tai Fook profit rebounds as Mainland China focus pays off
Chairman Dr Henry Cheng Kar-Shun said the company is optimistic about the mid- to long-term growth in the Mainland China...
Big leap in Singapore retail sales not quite what it seems
Singapore retail sales surged by 54 per cent in April, reflecting the low base of April last year when most of the city ...
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