Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns in China.

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Singapore retail trust BHG buys Beijing mall

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).

Chinese smartphone brand Realme opens Philippine flagship

Budget smartphone brand Realme continues its offline expansion in the Philippines with a new flagship store in Iloilo City.

All SaSa Singapore stores to close as cosmetics retailer exits city

All 22 SaSa Singapore stores are to be closed down as the Hong Kong-headquartered parent calls an end to six years of ongoing losses in the city.

Esprit launches joint venture to run Mainland China business

Hong Kong-listed fashion retailer Esprit has announced a joint venture business to take over the marketing and retailing of its products in Mainland China.

China’s Xtep enters five more Indian cities

Hong Kong activewear firm Xtep will open new locations in five Indian cities by the end of next year.

Luk Fook sales slump 20 per cent

Hong Kong-listed jeweller Luk Fook has seen its sales slump by 19.8 per cent in the September half as protests, the trade war and the Renminbi’s value kept mainland tourists away.

Harvey Nichols suffers as Mainland Chinese tourists ‘disappear’

Declining Mainland Chinese visitors to Hong Kong have put a dent in Dickson Concepts’ sales and profit in the first half of its fiscal year.

Starbucks China staff benefits programme offers education, health and pet care

A new Starbucks China staff benefits programme has been launched, with a range of support options for employees who have served two years.

SkinCeuticals launches into Asian travel-retail market with Sanya pop up and Shanghai store

L’Oreal Travel Retail Asia Pacific has launched US-based professional skincare brand SkinCeuticals into the Asian travel-retail market.

Deal activity rises in China’s retail industry

China’s retail industry saw a rise of 33.3 per cent in overall deal activity during the third quarter, when compared with the previous four-quarter average, according to GlobalData’s deals database.

OnePlus launches Experience Store in India, plans 100 shops

Chinese smartphone brand OnePlus has launched an experience store in Coimbatore, India.

Cafe de Coral sacrifices margin for profit in tough half year

Cafe de Coral Group sacrificed margin to maintain sales in the first half of this year, resulting in a 34.5-per-cent decline in profit attributable to shareholders.