Robert Stockdill is director of content at Inside Retail Asia. A
cloud-based writer with a passion for design and digital communications,
Robert has written about the retail industry for more than 20 years. He
has spent the last eight of those based in Southeast Asia.
Contact him at [email protected]
Chinese chain Luckin Coffee has admitted senior executives exaggerated sales to boost the company’s worth and reputation.
Thailand’s government has imposed an overnight curfew effective tonight that will force the closure of tens of thousands of convenience stores and street vendors.
A free-standing mirror which crushed an infant to death at an Urban Revivo store at Jewel Changi last August weighed more than 100kg, the Singapore coroner heard yesterday.
Thailand’s Pace Corporation has finally filed for bankruptcy of its Dean & Deluca US business after all of its North American stores were shuttered last year.
Gome Retail says its revenue last year fell, but it more than halved its annual loss as its restructuring programme continued to pay dividends.
Jeweller Tse Sui Luen is projecting a loss of US$10.3 million for the year to March – a stark reversal from last year’s net profit of $6.96 million.
Hong Kong cosmetics retailer Bonjour Holdings has delisted slow-moving products and trimmed its store network as it grapples with falling sales and mounting losses.
February saw a catastrophic collapse in Hong Kong retail sales, which slumped a massive 44 per cent year on year, the greatest fall in the city’s history.
Chinese sportswear giant Li-Ning reported a massive 110-per-cent boost in profit for last year on sales up 32 per cent.
South Korean retail sales surged 9.1 per cent in February, despite the advent of the coronavirus pandemic.
Hong Kong-listed apparel retailer Esprit has placed six German subsidiary companies in administration to give them protection during the coronavirus crisis which has decimated sales.
Clothing supply chains are “unravelling fast” as the coronavirus crisis impacts both retailers and manufacturers worldwide, according to GlobalData.