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Covid-19

Covid-19 Archives

Alibaba thrives after emerging from Covid-19 challenges

Chinese e-commerce giant Alibaba Group’s revenue soared 34 per cent to US$21.762 billion in the June quarter as the comp...

Pandemic culls Asics revenue

Japanese sportswear retailer Asics has posted a steep drop in revenues as a consequence of the coronavirus pandemic.

Starbucks in South Korea cuts seating after Covid-19 cluster link

Starbucks in South Korea is scrambling to curb the spread of coronavirus, cutting seating capacity in its cafes and dela...

Thai, Vietnam retail back at pre-Covid-19 levels says Central Retail CEO

Thailand’s Central Retail Corporation says sales in its home and offshore markets have already bounced back to pre-Covid...

Convenience Retail Asia holds bottom line despite pandemic

Listed Hong Kong multi-brand retailer Convenience Retail Asia says Covid-19 has impacted footfall and transactions acros...

SM takings tumble due to Covid-19 pandemic

Philippines investments firm SM has brought in the equivalent of US$142.6 million in revenues during the first six month...

Ralph Lauren revenue dives as pandemic erases demand

Ralph Lauren Corp said on Tuesday its quarterly revenue plunged by nearly $1 billion, as it struggled with coronavirus-...

Covid-19 will strip US$95.4bn from Apac apparel market, says GlobalData

The coronavirus pandemic is likely to cost the apparel and footwear industries in the Apac region US$95.4 billion short ...

I.T Limited sales, margins eroded due to Covid-19 lockdowns

Hong Kong-headquartered fashion retailer I.T Limited says its sales have fallen in all of its markets, with the US and J...

Sheng Siong Group boosts sales by 76 per cent during Covid-19 lockdown

Singapore consumers’ migration from foodhalls to supermarkets during the Covid-19 pandemic has proven a windfall for gro...