Latest International News - Inside Retail Asia

India’s Tata Group to launch fast-fashion chain

Zara’s Indian partner Tata Group is launching its own fashionable apparel chain in the territory with prices well below Zara levels.

How Ferragamo veteran Sofia Ciucchi revived heritage brand Il Bisonte for millennials

Luxury label Il Bisonte has come a long way from a family-owned retailer to a landmark flagship store in Harbour City which opened this month.

Yogurtland set to expand throughout Indonesia

American franchise Yogurtland has entered an agreement to expand throughout Indonesia via the formation of Yogurtland Indonesia Global Mandiri.

Tesco Thailand could open 750 new convenience stores

Tesco Thailand is evaluating opening 750 more convenience stores, which would expand its overall network by about 50 per cent.

Fresh capital for Vestiaire Collective to fund Asian expansion

Pre-owned luxury fashion retailer Vestiaire Collective has completed a €40 million round of financing led by BPIFrance and new CEO Max Bittner.

Chinese online pharmacy Ecmoho plans US$100 million IPO

Chinese online pharmacy Ecmoho is seeking to list on the New York Stock Exchange in order to raise US$100 million for expansion.

E-commerce explosion driving worldwise warehouse boom

An e-commerce-driven warehouse boom will see 57,000 more distribution centres in operation by 2025 then existed last year.

Asian expansion contributes to loss for luxury bag label Mulberry

Expansion into Asia has weighed on British luxury bag label Mulberry’s bottom line, but the company is confident the foray will bear fruit.

Line Friends hits Hollywood

Global character brand Line Friends opened its second and largest official US store last Saturday. The new Los Angeles store on Hollywood Blvd, which offers interactive photo zones and signature character merchandise, attracted more than 18,000 visitors on opening weekend. It features a large-scale retail space with a wide array of photo zones and Instagram-ready displays.

Australian barista Paul Bassett set to expand South Korean coffee business

A decade after launching in South Korea, Australian Paul Bassett plans to make the most of a “positive evolution” in the local coffee culture, expanding his brand partnership with a local dairy company. Paul Bassett teamed with Maeil Dairies Co to launch a coffee brand named after him in 2009 – just at the time local consumers were starting to embrace specialty coffee. Their vision was to target the growing high-end coffee …

Global personal luxury goods market growth endures despite weakening consumer confidence

Global personal luxury goods market growth has reached a “new normal” pattern, following back-to-back years of strong performance in 2017 and 2018

Lagerfeld’s legacy: double-digit growth and €10 billion

Fashion icon Karl Lagerfeld delivered French maison Chanel a stunning legacy in the final year of his life.

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