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Coronavirus Archives

Dire retail sales in Mainland China a harbinger for rest of the world

Retail sales in Mainland China slumped by 20.5 per cent in the first two months of this year according to government fig...

Live streaming drives growth for Chinese online fashion retailer Mogu

Chinese online fashion and lifestyle retailer Mogu says its live-streaming broadcast formats doubled in the last quarter...

Chow Tai Fook closes 40 stores after 60-per-cent sales slump

Hong Kong-based jewellery group Chow Tai Fook has closed 40 stores in Hong Kong after experiencing a 60-per-cent drop in...

How Suning has developed unmanned logistics to weather coronavirus crisis

Chinese retail giant Suning’s unmanned logistics and contactless delivery services have come to the forefront during the...

Link reveals plan to support tenants and encourage consumer spending

Link Reit has introduced measures to support its tenants and lift customer spending in Hong Kong in a move to offset the...

Lower-tier cities drive boom in online shopping in China

Online shopping in China is booming during the coronavirus outbreak, with twice the number of first-time users in lower-...

Giordano to focus on global expansion as sales fall in greater China

Giordano group sales fell 11.9 per cent last year to US$624.6 million with sales at physical stores falling by 9.6 per c...

Chinese fast-food companies will recover soon from virus crisis

Chinese fast-food companies will recover soon, according to analysts, as life in major mainland cities slowly begins to ...

Major expansion plan for Bonchon chicken in Thailand after Minor takes control

Thai-headquartered Minor International has bought an effective 70-per-cent stake in the master franchise rights holder o...

Giordano in ‘aggressive negotiations’ with landlords

Hong Kong-based apparel retailer Giordano International has voluntarily implemented a series of preventive and control m...