Latest International News - Inside Retail Asia

London, United Kingdom - January 31, 2018: Samsung Logo On A Wall. Samsung Is A South Korean Multina

Samsung US stores to debut next week

The first smartphone-centred Samsung US stores will open next week.

Empire on 5th

Featured store: Empire State Building Store sets tourist retail benchmark

North American travel retail firm Hudson Group has unveiled the new Empire State Building Store.

World First

Alibaba buys World First, eyes Metro China investment

Alibaba subsidiary Ant Financial says it plans to buy UK-headquartered money-transfer company WorldFirst.

Joor

US wholesale platform Joor to expand into Asia

US wholesale platform Joor has raised US$16 million to fund expansion.

IKEA TH

Ikea services foray boosts loyalty and sales

New Ikea services such as assembly are boosting the flatpack furniture specialist’s sales and customer loyalty.

Toys-R-Us

Tru Kids emerges from ashes of Toys R Us

Toys R Us in North America has been reborn a year after its collapse as Tru Kids.

Gucci handbag

Gucci powers record Kering sales

Gucci drove a massive boost in luxury group Kering’s sales last year.

Polo-Ralph-Lauren

Ralph Lauren now ‘headed in the right direction’

After a long run of fairly mediocre performance, Ralph Lauren has finally delivered a solid set of numbers.

Vogue wedding dress salon - Japan

Fashion magazine Vogue opens Tokyo wedding dress salon

International fashion magazine Vogue has opened its first wedding dress salon.

L’Oreal

L’Oreal Asia Pacific sales soar, overtaking North America

L’Oreal Asia Pacific sales soared by a staggering 24.1 per cent on a like-for-like basis last year.

Foot-Locker-Singapore-second-store-2

Foot Locker pays US$100m for Goat Group stake

Specialty athletic retailer Foot Locker is making a US$100 million strategic minority investment in Goat Group.

JC Penney

JC Penney to exit home appliance business

Struggling department store chain JC Penney announced it will exit its home appliances business, and some of its furniture business.

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