Coronavirus Archives - Page 3 of 21 - Inside Retail Asia
Singapore retail sales – excluding motor vehicles – plummeted 32.8 per cent in April as the Covid-19-related lockdown saw non-essential retailers closed.
Asia-Pacific apparel markets are better placed to counter the impact from the Covid-19 crisis than those of North America and Europe, according to research from GlobalData.
Alibaba and JD launched their annual 6.18 mid-year shopping festivals, which will mark China’s largest online retail promotion since the outbreak of Covid-19.
Grocery shopping online is poised for explosive growth in China, with more than half consumers saying they are buying more online even after stores reopen.
Indian retailers with stores in shopping malls are threatening to close shop if landlords do not meet demands for waivers and new rental agreements.
British lifestyle brand Ted Baker is seeking to raise £95 million to strengthen its balance sheet in the wake of the Covid-19 pandemic and fund a strategy for expansion.
South Korean online sales surged 38.9 per cent in March while sales at brick-and-mortar stores fell 19 per cent during the peak of the Covid-19 pandemic.
Singapore shopping-mall operator CapitaLand plans to roll out “innovative tech solutions” in its properties as the city state prepares for phase one reopening tomorrow.
South Korean duty-free retailers are temporarily shuttering metropolitan stores in response to a significant decline in tourist numbers caused by the coronavirus epidemic.
US apparel retailer Abercrombie & Fitch suffered a 51-per-cent fall in sales in Asia Pacific as Covid-19 forced store closures across the region.
Take a look at US kitchen and homewares retailer Williams-Sonoma’s latest sales figures and you would hardly know there has been a pandemic.
US high-end online reseller Poshmark has seen sales of Starbucks merchandise increase by more than 100 per cent since the advent of the coronavirus pandemic.