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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Estee Lauder Asia Pacific sales rose 24 per cent in the latest quarter – a stark contrast to the cosmetics giant’s US performance, where revenue fell 6 per cent.
For years, media headlines have declared the death of the high street at the hands of e-commerce. But while several well-known retailers have indeed shut up shop or cut back on store numbers, a growing number of digitally native brands are investing in bricks-and-mortar spaces to complement and support their online offer. At the last EuroShop, the World´s No. 1 Retail Trade Fairtrade, were already first signs that pure player a…
Nike has agreed to sell its Hurley brand to Bluestar Alliance.
US department store Nordstrom has opened a 320,000sqft store in the world’s tallest residential building, Central Park Tower in New York.
Danish toymaker Lego will potentially introduce a brick rental option to address plastic waste.
Global coffee chain Starbucks is now on track to accept payments in the world’s best-known cryptocurrency, Bitcoin.
Kyoto-based coffee chain % Arabica opened its first store in London this month – and it plans 70 more within the next year.
Efforts to eliminate animal fur in fashion continue to accelerate as cities and even US states are joining brands and retailers in banning its use.
VF Corporation – parent of brands including Vans and The North Face – says sales in China soared 20 per cent in the September quarter.
French department store Galeries Lafayette says it plans to capitalise on Chinese consumer spending by opening 10 stores in the country by 2025.
Fashion retailer H&M has opened a new ‘hyper-local flagship’ in Berlin’s creative Mitte Garden district.
Chinese wooden-comb manufacturer Tan Mujiang has continued its international expansion with the opening of its first flagship store in the US.