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Coronavirus

Coronavirus Archives

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 R...

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 ...

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. Yesterda...

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 ...

Singapore retail sales slump 33 per cent in April

Singapore retail sales - excluding motor vehicles - plummeted 32.8 per cent in April as the Covid-19-related lockdown sa...
Asia-Pacific apparel market models

Asia-Pacific apparel markets well placed to survive Covid-19 fallout

Asia-Pacific apparel markets are better placed to counter the impact from the Covid-19 crisis than those of North Americ...

Alibaba and JD launch 6.18 mid-year shopping promotions

Alibaba and JD launched their annual 6.18 mid-year shopping festivals, which will mark China’s largest online retail pro...