Inside Retail Asia latest international news including global trends and shifts, international changes in policy and offshore movements within the retail sector.
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South Korean beauty group AmorePacific has launched two key brands on Amazon’s Premium Beauty store in the US as it looks to build its online presence.
Ralph Lauren Corp said on Tuesday its quarterly revenue plunged by nearly $1 billion, as it struggled with coronavirus-led store closures and a slowdown in demand for luxury goods across the world.
Hugo Boss sales returned to strong growth in China in June and online sales jumped 74 per cent in the second quarter, the company announced.
Nike has opened the brand’s largest House of Innovation yet, in Paris, focusing on delivering a digital retail experience.
Athletic apparel brand Champion is to launch a sustainable streetwear collection Re:Bound next month.
Fiscal third quarter results for international coffee giant Starbucks show a drop in sales globally – partially offset by increases in average ticket – as the firm continues to battle a poor business climate heavily impacted by the coronavirus pandemic.
French supermarket chain Carrefour has launched a new pet store concept in Paris, in collaboration with Invivo Retail’s pet care brand Noa.
The coronavirus pandemic has had a lasting impact on the shopping behaviour of global consumers, according to new research by Adobe.
Brooks Brothers has received a bid backed by Authentic Brands Group and mall owner Simon Property to buy the bankrupt clothing chain.
Strong sales across Asia and rapid online growth helped beauty-products retailer Groupe L’Occitane contain its sales decline during the June quarter to a comparatively respectable 22 per cent.
The Swedish retailer Ikea’s famous meatballs have gone vegetarian with a new plant-based option going on sale in Europe, and headed for Asia Pacific soon.
Once criticised for incinerating unsold products, luxury brands are now embracing environment-friendly practices by actively using eco-friendly materials.