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Italian luxury fashion house Prada has appointed French cosmetics company L’Oreal to develop its fragrance business starting next month.
On Singles Day this year, China’s largest online retailer JD.com launched a 50,000 sqm JD superstore in Chongqing, Mainland China. Nicknamed the E-Space store, the massive, 5G-equipped high-tech complex is designed to flex JD’s strengths in retail technology, logistics, and services. More than 30,000 customers crammed into the store, purchasing over 10 million RMB worth of products t…
A Chinese court has ruled Japanese retailer Muji must pay RMB626,000 (US$89,000) and apologise to a local firm after losing a trademark-infringement case.
Chinese department store SKP-S has launched a futuristic ‘retail experience space’ in South Beijing this month featuring robotic sheep, martians and kinetic penguins.
Australian fashion brand Tony Bianco is launching its first international location in Beijing.
H&M Group’s higher-end clothing brand Cos is to trial renting out its clothes in China through rental platform YCloset.
Chinese real estate developer Dalian Wanda Group will reportedly open 17 shopping centres this month.
Hong Kong’s Lai Sun Group has launched an integrated tourism and entertainment hub located in central Hengqin.
Both overall and comparable-store sales growth at Tiffany came in flat during the last quarter, neither metric helped by the challenges in Hong Kong which overshadowed strong trading in the Chinese mainland.
Anshan Tianxing Investment Development is preparing to open its Oriental Times Plaza in Anshan, a city in eastern China.
The retail market is expected to slow down next year, but Asia will account for 45 per cent of global retail sales, according to a new report from economic and business research group The Economist Intelligence Unit.
BHG Retail Real Estate is seeking to purchase has proposed to acquire 58,348sqm Beijing outlet mall Badaling Outlets for SGD455 million (US$333.3 million).