Latest International News - Inside Retail Asia
Global fashion online retailer Asos has seen profits tumble 68 per cent in the year to August, despite a 13-per-cent increase in sales.
The first Japanese and Far Eastern gluten free cafe Kobeya has opened its doors at the Wasl Vita Mall, Dubai.
Discount grocer Aldi has opened three more stores in China, taking its fledgling network to five.
Sri Lankan retail tea chain Island Tea has opened for the first time in its home territory with its first branch in Ella.
Kyoto coffee chain % Arabica has made its debut in the UK, with its first store in London.
Brands and retailers need to take a look at the wider supply chain and move beyond the goods to embrace sustainable packaging, warns GlobalData.
Chinese retail group Wumart has won a lengthy bidding process for the Metro China business.
Luxury goods group LVMH has shrugged off the impact of the recent Hong Kong protests and global economic uncertainty, recording a 19 per cent increase in sales of leathergoods and fashion during the third quarter.
Global cosmetics firm Natura has launched its business in Malaysia with a pop-up store in Sunway Pyramid, Petaling Jaya.
OshKosh in India will offer a wide selection of kid items after launching with local partner Tablez, and on Myntra.
Analysts are warning that Burberry Hong Kong is bracing for a £100 million hit on sales from the city’s ongoing disorder.
Australia’s Chemist Warehouse is opening its first brick-and-mortar store and launching on a new online marketplace in China.