Inside Retail Asia latest international news including global trends and shifts, international changes in policy and offshore movements within the retail sector.
Latest International News - Inside Retail Asia
Take a look at US kitchen and homewares retailer Williams-Sonoma’s latest sales figures and you would hardly know there has been a pandemic.
US high-end online reseller Poshmark has seen sales of Starbucks merchandise increase by more than 100 per cent since the advent of the coronavirus pandemic.
Luxury retailer Ralph Lauren saw online sales in Asia surge by 15 per cent during the peak of Covid-19 lockdowns – but globally it recorded a hefty first-quarter loss.
Covid-19 has accelerated key underlying global retail trends that were already reshaping the industry according to a new report by KPMG.
Sweden fashion retailer H&M launches an intelligent fabric this week, a fashion technology for menswear which keeps the wearer cool in summer heat.
Clarks, the UK-based shoe retailer, will cull the ranks of its corporate staff by a net 700 people worldwide, including in Asia during the next 18 month.
The future of lingerie retailer Victoria’s Secret China business is under review as the company moves to permanently close 250 of its US stores as it seeks to restore profits.
Disgraced Chinese firm Luckin Coffee has resumed trading on Nasdaq despite being sent a delisting notice.
Amazon has been tipped to take over collapsed US department-store giant JC Penney in a move which – should it proceed – could rewrite the nature of retailing.
Without securing an imminent financial lifeline, ailing UK-headquartered fashion chain French Connection is likely to collapse.
The world’s top 5 shopping apps globally hit 26.9 million downloads in March, according to data gathered by LearnBonds – Wish was number 1.
US department-store giant JC Penney has filed for Chapter 11 bankruptcy protection. But while the company blames the Covid-19 pandemic it has been in dire straits for years.