Latest International News - Inside Retail Asia

Asos shares tumble as growth slows

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.

Dean & DeLuca chief bullish about Asia as US business nears collapse

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.

Riccardo Tisci makes magic at Burberry

Burberry is hailing the success of new creative director Riccardo Tisci as its June-quarter same-store sales grew by 4 per cent.

Reinvented Crabtree & Evelyn plans flagship stores across Asia

Beauty products brand Crabtree & Evelyn is preparing to relaunch online ahead of opening flagship stores in major Asian cities.

China·Chengdu Panda Cafe opens in Naples

China·Chengdu Panda Cafe, a coffee house featuring panda elements, officially debuted in Naples, Italy last weekend.

Microsoft London’s flagship store opens

The new Microsoft London flagship store has opened, a stone’s throw from archrival Apple’s local store.

LVMH takes stake in Stella McCartney House

LVMH has bought a cornerstone share in Stella McCartney House.

Crimson Cup opens fourth cafe in Dhaka, Bangladesh

US coffee roaster Crimson Cup Coffee & Tea has opened its fourth international coffee shop in Dhaka, Bangladesh.

Levi Strauss Asia sales post solid growth

Levi Strauss Asia sales grew 12 per cent in the second quarter with strong performance across both wholesale and direct-to-consumer channels.

Australia’s Oporto to open 24 stores in Vietnam

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.

Huawei opens its largest store outside of China

Chinese tech firm Huawei has launched its largest international flagship store in Madrid.

Superdry spins into loss as new management tries to restore sales

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.

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