Macau Latest News - Inside Retail Asia
The dramatic rise of Macau retail may have tapered off after a decade of staggering growth, but mall operators remain optimistic.
Luk Fook Holdings sales have recovered from 12 consecutive quarters of decline.
Chow Tai Fook sales in Hong Kong and Macau are showing “sequential improvement” the company says.
Bauhaus International has started closing shops in Hong Kong and Macau as sales keep sliding.
The Toys R Us Asia operating units are being unified.
Osim has submitted a preliminary prospectus to the Hong Kong Stock Exchange to relist as V3.
Hooters Southeast Asia has opened two more outlets, in Jakarta and Singapore.
Miniso US is opening its first store next month, in Pasadena, California.
Macau dining revenue is rising with more than half the city’s restaurants surveyed by the Statistics and Census Service (DSEC) reporting improved sales.
Nike sales rose 15 per cent in Greater China in the latest quarter.
Samsonite sales grew 17.3 per cent to US$2.81 billion in the year to December 31.
Hong Kong-headquartered multi-format retailer Dairy Farm International has celebrated its 130th anniversary with a strong set of results.