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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AmorePacific launches selected brands on Amazon

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 revenue dives as pandemic erases demand

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 China sales rebound in June

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 opens House of Innovation in Paris

Nike has opened the brand’s largest House of Innovation yet, in Paris, focusing on delivering a digital retail experience.

Champion to launch sustainable streetwear collection, Re:Bound

Athletic apparel brand Champion is to launch a sustainable streetwear collection Re:Bound next month.

Starbucks sales soured by Covid-19

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.

Carrefour launches new pet-store concept

French supermarket chain Carrefour has launched a new pet store concept in Paris, in collaboration with Invivo Retail’s pet care brand Noa.

Covid-19 drives broad shift in shopping behaviour

The coronavirus pandemic has had a lasting impact on the shopping behaviour of global consumers, according to new research by Adobe.

Bankrupt Brooks Brothers gets rescue takeover bid

Brooks Brothers has received a bid backed by Authentic Brands Group and mall owner Simon Property to buy the bankrupt clothing chain.

Asia outperforms for Groupe L’Occitane as pandemic decimates European sales

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.

Ikea expands famous meatball range to include plant-based option

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.

How luxury brands are embracing eco-friendly management

Once criticised for incinerating unsold products, luxury brands are now embracing environment-friendly practices by actively using eco-friendly materials.