Macau Latest News - Inside Retail Asia
Heavy discounting necessary to offload winter stock has hit Uniqlo sales.
Fashion brand Ted Baker has formed a joint venture to expand its network in Mainland China, Hong Kong and Macau.
Bonjour Holdings sales fell 7.3 per cent last year as the health and beauty products retailer reorganised its store network.
Hong Kong handbag retailer Milan Station losses halved last year, despite a 17 per cent fall in sales.
PVH Corp is to buy back the Tommy Hilfiger licence in Hong Kong, Macau, Singapore, Malaysia and Taiwan.
Tiffany & Co has reported worldwide net sales rose by 7 per cent to a record US$4.4 billion last year.
Emperor Watch & Jewellery sales rose strongly in Hong Kong and Macau last year, due to a rebound in tourism in the first half and the opening of new stores.
Italian leather goods brand Furla surpassed the €500 million turnover threshold last year, as the Asia-Pacific market continued to drive growth.
H&M has named Lay Zhang Yixing as the spokesperson for H&M Menswear collection and the brand ambassador for H&M in Greater China this year.
Circle K Hong Kong operator Convenience Retail Asia has reported a modest increase in turnover.
Hong Kong casual apparel brand Giordano International has reported a small increase in sales for last year – and a small dip in profit.
Chinese Sportswear Retailer Xtep will distribute Merrell and Saucony products in China.