Coronavirus Archives - Page 2 of 21 - Inside Retail Asia
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 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 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.
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
Australian electronics and furniture retail Harvey Norman suffered an 18-per-cent decline in sales in its Singapore store network last year.
Leading retail brands always perform well – not just during the good times, writes Samantha Chalmers of Five Star Plus Retail Design in Shanghai.
Luxury jeweller and watch retailer Folli Follie has become the latest victim of Hong Kong’s perishing retail scene.
Mulberry is culling about 25 per cent of its staff worldwide as it right-sizes in the wake of the Covid-19 pandemic.
Hong Kong retailer Dickson Concepts describes the territory’s retail environment as “the most challenging the group has ever faced”.
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.
Southeast Asian fashion group FJ Benjamin opened five new online stores for recognised international fashion labels, with more to come, as it pivoted online in the wake of trading restrictions during the Covid-19 crisis.
Online shopping in Singapore has surged since the outbreak of the coronavirus pandemic and GlobalData research suggests the effect may endure.