Taiwan Latest News - Inside Retail Asia

International sales bolster McDonald’s results
Strong international sales ensured respectable McDonald’s results in the latest quarter.

LVMH achieves record result, with profit up 21 per cent
The world’s largest luxury retailer LVMH shrugged off broader market pessimism overnight reporting record revenue of €46.8 billion last year.

Apple sales and profit slip as iPhone demand tumbles
Tumbling iPhone demand drove an uncharacteristic decline in Apple sales in the first quarter, trimming back its profit for the period.

Manolo Blahnik opens Taipei flagship
Fashion designer Manolo Blahnik is opening his first flagship boutique in Taipei.

Gong Cha bubble tea could fetch US$442 million
South Korean private equity firm Unison Capital is selling its Gong Cha bubble tea franchise in a deal likely to fetch up to US$442 million.

H&M Chinese New Year collection launches with a video first
The new H&M Chinese New Year collection has been launched with a video featuring Chinese celebrities.

Chun Yang Tea heads to Canada
Taiwanese bubble-tea brand Chun Yang Tea is launching its first store in Canada.

Uniqlo Japan sales slide, but international performs well
Fast Retailing Group has reported a decline in revenues for Uniqlo Japan against broader successes internationally in its first quarter.

Taiwanese bubble tea chain The Alley coming to Singapore
Taiwanese bubble-tea chain The Alley is to open its first outlet in Singapore.

East Japan Railway to open Taiwan mall
The East Japan Railway is launching its first overseas shopping mall in Taiwan next month.

Arch Capital leads Taiwanese shopping mall acquisition
Arch Capital Property Advisors has bought a Taiwanese shopping mall for US$450 million.

Kering launches sustainable-innovation award
Luxury goods firm Kering has launched a sustainable-innovation award in collaboration with global innovation platform Plug and Play.