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]
Amazon has been tipped to take over collapsed US department-store giant JC Penney in a move which – should it proceed – could rewrite the nature of retailing.
Shenzhen electronics company Realord Asia Pacific has lodged a US$64.5 million takeover bid for ailing Hong Kong department store group Sincere.
Without securing an imminent financial lifeline, ailing UK-headquartered fashion chain French Connection is likely to collapse.
US department-store giant JC Penney has filed for Chapter 11 bankruptcy protection. But while the company blames the Covid-19 pandemic it has been in dire straits for years.
DFS Group will close all of its stores at Changi Airport on June 8 as its 35-year tenure as wine and spirits concessionaire comes to an end.
With global travel now all but shut down, luggage-retailing goliath Samsonite is facing unprecedented challenges, with net global sales plunging by 80 per cent last month..
A Chinese company controlled by Li Ning plans to buy a controlling stake in Hong Kong-listed apparel group Bossini, with plans to expand the business in Mainland China.
Shinsegae, one of South Korea’s largest retail groups, has reported its net profit fell 99.8 per cent year on year as the Covid-19 crisis effectively shut down the nation’s tourism industry.
Iconic British menswear retailer TM Lewin has been sold by Bain Capital to private-equity company SCP through its new subsidiary Torque Brands.
Under Armour sales fell 23 per cent in the first quarter, with about two-thirds of the fall attributed to the Covid-19 pandemic.
The privatisation and delisting of Li & Fung Limited is set to proceed after 97 per cent of shareholders who were not party to the transaction voted in favour.
The relationship between retail landlords and tenants is set to change forever after the Covid-19 pandemic, according to Thai real estate executive Jariya Thumtrongkitkul.