Coronavirus Archives - Page 2 of 21 - Inside Retail Asia

Likes and followers set to be more valuable post Covid-19

As consumers around the world spend more time on social media in the Covid-19 era, likes and followers on social media are likely to become increasingly valuable to retailers.

Lululemon: the great survivor of Covid-19

Lululemon has emerged from the Covid-19 crisis as one of its greatest retail survivors, posting an operating surplus in the first quarter while almost all of its apparel contemporaries were bleeding red ink.

Guess Asia sales improve, but store closures loom

Guess Asia sales are recovering post Covid-19, but the company will be exiting some stores in the region when leases come up for renewal, as part of a worldwide network trim of 100 outlets.

McDonald’s sales rise in South Korea, despite pandemic

Fast food chain McDonald’s sales grew 9 per cent in South Korea during the first four months of this year, in spite of the impact of the coronavirus pandemic.Michael Arnold

Harvey Norman Asia sales suffer during Covid-19

Australian electronics and furniture retail Harvey Norman suffered an 18-per-cent decline in sales in its Singapore store network last year.

Why leading retail brands do well in bad times as well as good

Leading retail brands always perform well – not just during the good times, writes Samantha Chalmers of Five Star Plus Retail Design in Shanghai.

Time’s up for Folli Follie: Greek jeweller to quit Hong Kong

Luxury jeweller and watch retailer Folli Follie has become the latest victim of Hong Kong’s perishing retail scene.

Mulberry to cull 25 per cent of global workforce

Mulberry is culling about 25 per cent of its staff worldwide as it right-sizes in the wake of the Covid-19 pandemic.

Dickson Concepts’ retail arm loses $US27m as tourist trade evaporates

Hong Kong retailer Dickson Concepts describes the territory’s retail environment as “the most challenging the group has ever faced”.

Struggling Le Saunda warns of yet another loss

Late last month, embattled Hong Kong-based shoe retailer Le Saunda announced its third consecutive annual loss. Yesterday it flagged yet another, at least for the first half.

Online shopping in Singapore soars in Covid-19’s shadow

Online shopping in Singapore has surged since the outbreak of the coronavirus pandemic and GlobalData research suggests the effect may endure.