Coronavirus Archives - Inside Retail Asia
Hong Kong retail sales plunge 44 per cent in February
February saw a catastrophic collapse in Hong Kong retail sales, which slumped a massive 44 per cent year on year, the greatest fall in the city’s history.
More fashion companies join coronavirus fight
More and more major international retailers are lining up to join the fight against the Covid-19 coronavirus outbreak.
AS Watson sales grew 7 per cent last year, despite protests
Health-and-beauty retailer AS Watson recorded 7 per cent growth last year despite the political unrest in its key Hong Kong market.
South Korean retail sales surge as people stay home
South Korean retail sales surged 9.1 per cent in February, despite the advent of the coronavirus pandemic.
Thailand’s Central Pattana to waive the rent for retailers
Thai retail property developer Central Pattana is to waive rent for tenants affected by the government’s shutdown order.
Mass job losses in Indian retail feared as malls closed
Retail Association of India CEO Kumar Rajagopalan has said that if the country’s retail lockdown continues through to June, 30 per cent of retailers will collapse and 1.8 million jobs will be lost.
Singapore government urges citizens to avoid malls, observe safe distancing
The Singapore government is instructing local consumers to defer non-essential visits to malls as part of an effort to encourage social distancing in the midst of the coronavirus crisis.
Esprit places its German subsidiaries into administration
Hong Kong-listed apparel retailer Esprit has placed six German subsidiary companies in administration to give them protection during the coronavirus crisis which has decimated sales.
Burberry trench-coat factory to make coronavirus protection gear
Luxury fashion label Burberry is retooling its Yorkshire trench-coat factory to produce non-surgical gowns and masks in response to the coronavirus outbreak.
How China retail is emerging from the coronavirus crisis
Savills China Retail predicts a full recovery of the country’s retail sector post coronavirus will probably happen in the second half of the year.
How South Korean companies are beating the ‘corona blues’
Many South Koreans are becoming depressed as they suffer from the ‘corona blues,’ a phenomenon caused by a lack of outdoor activities due to the coronavirus.
McDonald’s logo changed to promote social distancing
International fast food chain McDonald’s logo has been altered in some global markets to emphasise the importance of social distancing during the coronavirus crisis.
