Latest International News - Inside Retail Asia
Online fashion-retailer Asos reported sales growth beneath expectations for the four months to June, causing its share price to tumble 13 per cent overnight.
The CEO of embattled food retailer Dean & DeLuca is promising a massive store rollout in Asia at the same time as unpaid suppliers suspend deliveries to the brand’s remaining US stores.
Burberry is hailing the success of new creative director Riccardo Tisci as its June-quarter same-store sales grew by 4 per cent.
Beauty products brand Crabtree & Evelyn is preparing to relaunch online ahead of opening flagship stores in major Asian cities.
China·Chengdu Panda Cafe, a coffee house featuring panda elements, officially debuted in Naples, Italy last weekend.
The new Microsoft London flagship store has opened, a stone’s throw from archrival Apple’s local store.
LVMH has bought a cornerstone share in Stella McCartney House.
US coffee roaster Crimson Cup Coffee & Tea has opened its fourth international coffee shop in Dhaka, Bangladesh.
Levi Strauss Asia sales grew 12 per cent in the second quarter with strong performance across both wholesale and direct-to-consumer channels.
Restaurant chain Oporto has launched in Vietnam under local franchisee Ben Thanh Group, with plans to open 24 restaurants across the territory in the next 10 years.
Chinese tech firm Huawei has launched its largest international flagship store in Madrid.
Struggling lifestyle-fashion label Superdry has reported a loss of £85.4 million, a sharp turnaround after the £65.3 million profit of the prior year.