Macau Latest News - Inside Retail Asia
UK fashion house Ted Baker has slumped into the red in the first half of the year, its position not helped by a 15.2-per-cent fall in sales in Asia.
Hong Kong beauty retailer Sa Sa is in discussion with landlords over rent reductions and will reduce staff as it tries to address falling sales.
Le Saunda CEO Cheng Wang has resigned and will leave the company on October 16.
American casual-dining restaurant The Cheesecake Factory in Macau is set to open in Sands Cotai Central.
Estee Lauder Asia sales soared 25 per cent in the year to June, with China, Hong Kong and the emerging markets in Southeast Asia the main performers.
S. Culture International has warned shareholders it expects to post a net loss in the range of HK$3 million to $4 million for the six months to June.
Hong Kong-headquartered Dairy Farm sales surged by 13 per cent in the first half of the year to US$13.8 billion.
In Asia’s burgeoning coffee culture, design has become a key means for Starbucks to create a point of difference from rival chains.
Luxury brand owner LVMH has reported a solid 15 per cent increase in sales in the first half of this year, shrugging off gloomy consumer sentiment in many markets.
A September launch date has been revealed for Fenty Beauty in Hong Kong, along with Macau and South Korea.
Giordano International is set to report a second successive quarter of heavy sales decline.
Chinese apparel retailer China Dongxiang is reaping rewards from a sharper focus online as second-quarter sales rose by the mid-single digits.