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Coronavirus

Coronavirus Archives

Hong Kong Airport extends relief to retail tenants

Hong Kong airport is extending its relief package to tenants and other stakeholders in recognition of the prolonged impa...

H&M sales decline 50 per cent in May quarter

H&M says its sales decline in May was slightly below expectations, and less dramatic than during March and April as stor...

South Korean telcos developing unmanned stores

Major South Korean telcos are looking to launch unstaffed outlets as they try to provide business services without face-...
Singapore retail sales Chinatown

Many Singapore stores set to reopen as lockdown rules relaxed

Singapore retail stores are set to reopen as the country will enter the second phase of reopening on Friday, June 19 aft...

Online move limits damage to Cafe de Coral Group’s sales

Listed Hong Kong restaurant and catering operator Cafe de Coral Group managed to minimise the impact on sales during Cov...

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 a...

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 ...

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 com...

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 t...

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 stor...