The CEO of embattled food retailer Dean & DeLuca is promising a massive store rollout in Asia at the same time as unpaid suppliers suspend deliveries to the brand’s remaining US stores.
Burberry is hailing the success of new creative director Riccardo Tisci as its June-quarter same-store sales grew by 4 per cent.
The ongoing Hong Kong protests are eroding the sales of the territory’s retailers according to the HKRMA.
US footwear company Caleres is to launch Naturalizer and Sam Edelman shoe brands in Greater China.
Hong Kong-headquartered flash-sale pioneer OnTheList is preparing to launch subsidiaries in three more Asia-Pacific markets as initial international forays pay off.
Dickson Concepts has revealed details of the termination of its licence to sell Tommy Hilfiger products in Hong Kong, Macau, Taiwan, Singapore and Malaysia.
Chinese-controlled affordable luxury fashion group SMCP has agreed to buy French menswear luxury label De Fursac.
Luk Fook will add at least 150 stores in Mainland China this year as it looks to mitigate falling sales in Hong Kong.
Japanese department-store operator Takashimaya is to close its Shanghai department store after years of losses, and liquidate its China business.
The planned Miniso IPO is getting closer after it was revealed the Chinese discount goods retailer is in talks with banks.
Suning is to buy an 80 per cent controlling stake in Carrefour China for €620 million (RMB 4.8 billion).
Toppen Centre in Johor Bahru – the giant shopping mall attached to the city’s Ikea store – will open in November.