Latest International News - Inside Retail Asia
A modest rise in Gap sales over the final quarter provided some much needed respite for beleaguered US apparel retailer.
Asda sales in the final three months of 2016 fell by 2.9 per cent.
While some US retailers struggled over the holiday period, Walmart notched up respectable sales gains both overall and on a same-stores basis.
Amazon UK plans to recruit 5000 staff to expand its operations, taking its total headcount to 24,000.
Chinese discount retailer Miniso aims to open up to 300 stores across Australia.
Limited Brands is about to open two full-range Victoria’s Secret stores in China.
Issey Miyake Italy has opened its first store – in Milan.
Tesco enters Pakistan in a trial listing of private-label products through four Alpha Supermarket stores and 50 Express c-stores.
US and UK retail sales data just released shows two very different markets in January.
Wal-Mart Stores has bought online outdoor clothing retailer Moosejaw for US$51 million.
Bunnings UK has reported a pre-tax loss of £28 million in its first half results as it began the process of converting the Homebase stores.
Williams-Sonoma South Korea will launch in Spring after the US homewares brand appointed a local partner.