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Inside Retail Asia

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Fourth-quarter Alibaba revenue surges 40 per cent

Alibaba revenue rose to US$16.91 billion in the September quarter, 40 per cent above the $12.1 billion during the same period last year.

Mothercare UK enters administration, but Asian stores unaffected

Maternity retailer Mothercare has placed its UK business into administration as it seeks to protect its profitable international business.

Starbucks China same-store sales growth accelerates in fourth quarter

Starbucks China same-store sales grew at 5 per cent in the latest quarter, while its store network is up 17 per cent year on year.

Bugun FNC achieves KRW200 million in sales in 2 days

South Korean online fashion retailer Bugun FNC has reached $172,000 in sales at a single store through an offline sale event called ‘Vely Market’.

The Shilla wins Macau duty-free concession

The Shilla has won the race to operate one of the two Macau duty-free concessions at the territory’s international airport.

September Hong Kong retail sales down across the board

Hong Kong retail sales in September were down 18.3 per cent on the same month last year, but the decline was less than in August.

Zalora launches childrenswear category

Online fashion platform Zalora is entering the childrenswear market.

Dairy Queen and Papa John’s Pizza China owner in play

A majority stake in the operator of the Dairy Queen and Papa John’s Pizza chains in China is likely to go on the market.

Nike sells Hurley to Bluestar Alliance

Nike has agreed to sell its Hurley brand to Bluestar Alliance.

Dior takes Maison concept to Isetan in Tokyo

Luxury fashion brand Dior has launched a pop-up at Isetan in Tokyo.

Alibaba revives IPO plan, likely to list after 11.11 say sources

Alibaba is resuming plans to list on the Hong Kong exchange in a move expected to raise US$10–15 billion.

Asia dominates global retail acquisitions in September

Asian deals dominated global retail acquisitions in September according to a database compiled by GlobalData.