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Burberry sales growth was solid – until Covid-19 hit

Luxury fashion label Burberry was delivering solid growth in sales last year – until Covid-19 stopped the momentum in its tracks.

Shoe retailer Clarks to cull management ranks worldwide

Clarks, the UK-based shoe retailer, will cull the ranks of its corporate staff by a net 700 people worldwide, including in Asia during the next 18 month.

Strategic review launched of Victoria’s Secret China future

The future of lingerie retailer Victoria’s Secret China business is under review as the company moves to permanently close 250 of its US stores as it seeks to restore profits.

Italy’s Bulgari launches online in Singapore before home

Italian jewellery firm Bulgari has launched an e-commerce platform in Singapore prior to opening online services in its home territory.

Sephora China launches Tmall flagship

Sephora China has launched a flagship store on Alibaba’s Tmall Global, featuring brands including Fenty, Bon Parfumeur, Farmacy and Dermalogica.

South Korea to introduce disposable cup deposits

South Korea is set to introduce disposable cup deposits at coffee shops and fast-food outlets, starting 2022, in its latest efforts to cut carbon emissions.

Task force to review Singapore retail reopening plan

The roadmap towards a safe Singapore retail reopening is in the hands of a task force established by the Singapore Retailers Association and Restaurant Association of Singapore.

Luckin faces Nasdaq suspension over false sales figures

Disgraced Chinese firm Luckin Coffee has resumed trading on Nasdaq despite being sent a delisting notice.

ChaTraMue Hong Kong trebles its network

Popular Thai tea brand ChaTraMue is expanding its footprint in Hong Kong with two new stores about to open in the territory.

Amazon could buy JC Penney and change retailing forever

Amazon has been tipped to take over collapsed US department-store giant JC Penney in a move which – should it proceed – could rewrite the nature of retailing.

The Coffee Academics releases Dalgona coffee

Hong Kong specialty coffee chain The Coffee Academics has launched its own version of Dalgona coffee at its Thai flagship store in Bangkok.

Featured store: District 7 dining concept in Seoul

Hyundai Development Company has opened a distinctive new dining zone in Seoul’s Yongsan district.