Macau Latest News - Inside Retail Asia
While half-year revenue was down, profit rose for Kappa brand licensee China Dongxiang Group.
Despite lower supermarket and hypermarket sales, Dairy Farm International Holdings has posted solid first-half profit growth.
With second-quarter sales rising by 14 per cent, Hugo Boss China shines for German luxury fashion house.
While retail outlets and dining establishments had better sales in May, Macau retailers remain cautious.
Same-store sales of gold products during the first quarter have restored growth, jewellery retailer Luk Fook has announced.
After the success in Europe, Swedish lifestyle brand Richmond & Finch is launching in greater China.
Burberry quarterly sales rose a solid 5 per cent, largely buoyed by a strong performance in China.
Chinese tourists are travelling more but spending less in stores, says a new report from global consulting firm Oliver Wyman.
A “substantial” loss is expected by Bonjour Holdings for the six months to the end of June.
Alibaba Macau trademark protection has been secured, clearing the way for new business opportunity.
H&M India will open eight more stores over the next six months with a focus on second-tier cities.
H&M sales, including VAT, grew by 9 per cent for its first half.