Macau Latest News - Inside Retail Asia
Strong international sales ensured respectable McDonald’s results in the latest quarter.
Alibaba Group sales soared 41 per cent in the December quarter as its customer based neared 700 million.
The world’s largest luxury retailer LVMH shrugged off broader market pessimism overnight reporting record revenue of €46.8 billion last year.
Tumbling iPhone demand drove an uncharacteristic decline in Apple sales in the first quarter, trimming back its profit for the period.
I.T Group sales slipped in the company’s home market, but the fashion retailer is achieving high growth in Mainland China, the US and Japan.
Luk Fook sales in the third quarter fell 10 per cent on a same-store basis.
Chow Tai Fook sales declined by 11 per cent in same-store sales volume in both Mainland China and Hong Kong & Macau in the December quarter.
Fast Retailing Group has reported a decline in revenues for Uniqlo Japan against broader successes internationally in its first quarter.
Sa Sa International sales slipped 2.2 per cent in the latest quarter, with same-store sales in Hong Kong and Macau down 3.7 per cent.
Luxury goods firm Kering has launched a sustainable-innovation award in collaboration with global innovation platform Plug and Play.
Chow Tai Fook opened 233 stores in Mainland China in the first half – and is planning another 400 next financial year.
Luk Fook Holdings has reported a 25.1 per cent boost in sales in the September half year.