Latest International News - Inside Retail Asia

China outperforms rest of world for Ralph Lauren sales

Ralph Lauren sales in Asia rose by 4 per cent in the first quarter, with China the chief driver in the region.

Sephora data breach impacts Asia-Pacific customers

A Sephora data breach has been confirmed, spanning customers from Hong Kong across Southeast Asia and into Australasia.

A special place: How Starbucks Asia stores are designed

In Asia’s burgeoning coffee culture, design has become a key means for Starbucks to create a point of difference from rival chains.

759 Store parent cuts rent burden, but posts full-year loss

Despite a positive first half to the year, CEC International, the parent of the 759 Store discount retail chain, has recorded a full-year loss of HK$9.5 million, down from $32.9 million the prior year.  The company has been continuing to restructure its store network, culling unprofitable locations, and to expand the product offer of its stores. It also shut its 11 loss-making cosmetics stores.  …

Nike could sell off Hurley surfwear brand

Nike is considering the sale of its Hurley surfwear brand, according to a Reuters report.

Alibaba targets 30 million US SMEs

Alibaba has opened its platform to enable US businesses to sell their products to millions of buyers in the US and around the globe.

Jollibee to buy The Coffee Bean & Tea Leaf for US$350 million

Philippine restaurant operator Jollibee Foods is to buy US cafe brand The Coffee Bean & Tea Leaf outright for US$350 million.

Starbucks buys stake in retail-technology startup Brightloom

Starbucks has bought into Brightloom, a US tech company is working to create a best-in-class end-to-end digital customer experience platform for the restaurant industry.

China drives solid Hermes sales growth

Chinese consumers have been credited with driving a 14.7 per cent rise in Hermes’ sales in the June quarter.

Japanese retailer Daiso to launch in New Jersey

Budget Japanese retailer Daiso will launch its first New Jersey store in Edgewater.

Luckin Coffee plans expansion into India, Middle East

Chinese coffee chain Luckin wants to expand into India and the Middle East.

Buyers line up for troubled Jack Wills

Prospective suitors are lining up to bid for troubled fashion retailer Jack Wills.


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