Latest International News - Inside Retail Asia
Airport retailing – already a US$38 billion category – is set to grow by 27 per cent within four years according to research by GlobalData.
L1 Retail, an investment company owned by Russian billionaire Mikhail Fridman, has won a bidding battle for health retailer Holland & Barrett.
Sears Canada has filed for creditor protection – but says it will emerge as a going concern after a restructure.
Exercise apparel brand Lululemon Athletica has bought a stake in cycling apparel brand 7mesh.
The newly opened Stella McCartney Florence store marks the brand’s third location in Italy.
Yves Saint Laurent sales will nearly double within five years says CEO and president Francesca Bellettini.
North America’s largest pure-play children’s specialty apparel retailer The Children’s Place is to roll out stores across Southeast Asia.
Walmart has snapped up menswear retailer Bonobos for $310 million in cash.
French affordable luxury brand ba&sh Asia’s first stores have opened in Hong Kong.
Amazon’s US$13.7 billion bid for Whole Foods, the up-scale US grocer, “makes sense, but doesn’t come without risks”.
The Southeast Asian online market is growing by 32 per cent annually and will rise sharply according to a Korean government report.
Yet another US retail chain has collapsed, placed in bankruptcy protection while it tries to chart a course to recovery.