Latest International News - Inside Retail Asia
Ralph Lauren sales in Asia rose by 4 per cent in the first quarter, with China the chief driver in the region.
A Sephora data breach has been confirmed, spanning customers from Hong Kong across Southeast Asia and into Australasia.
In Asia’s burgeoning coffee culture, design has become a key means for Starbucks to create a point of difference from rival chains.
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 is considering the sale of its Hurley surfwear brand, according to a Reuters report.
Alibaba has opened its platform to enable US businesses to sell their products to millions of Alibaba.com buyers in the US and around the globe.
Philippine restaurant operator Jollibee Foods is to buy US cafe brand The Coffee Bean & Tea Leaf outright for US$350 million.
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.
Chinese consumers have been credited with driving a 14.7 per cent rise in Hermes’ sales in the June quarter.
Budget Japanese retailer Daiso will launch its first New Jersey store in Edgewater.
Chinese coffee chain Luckin wants to expand into India and the Middle East.
Prospective suitors are lining up to bid for troubled fashion retailer Jack Wills.