GlobalData Archives - Inside Retail Asia

Asian expansion contributes to loss for luxury bag label Mulberry

Expansion into Asia has weighed on British luxury bag label Mulberry’s bottom line, but the company is confident the foray will bear fruit.

Topshop parent wins lifeline in crucial vote

Topshop parent Arcadia Group has been given a lifeline by its creditors and landlords after a Company Voluntary Arrangement was approved yesterday.

Ted Baker reaches point where it will ‘sink or swim’

Shares in UK-headquartered Ted Baker slumped 25 per cent as the latest financial results show the fashion label may be losing its mojo.

Burberry’s new creative director already showing positive impact

The high-profile appointment of Burberry’s new creative director Ricardo Tisci appears to be paying off…

Superdry ‘struggling to remain relevant’

Superdry’s sales fell further in the latest quarter as its co-founder retakes control of a retailer “struggling to remain relevant”.

Forever 21 Chinese online store to close

Fashion retailer Forever 21 will close its Chinese e-commerce website amist indications of possible physical store closures to come.

Tesco Asia sales fall as restructure takes effect

Tesco Asia like-for-like sales fell 6.2 per cent last year.

JD Sports to acquire Footasylum for US$120 million

After acquiring an 18.7 per cent interest in the business, JD Sports has made a move to acquire footwear retailer Footasylum, offering $1.54 per share.

French Connection turns a corner, but still posts a loss

For the first time in seven years, shrinking UK fashion retailer French Connection has achieved an underlying profit.

China retail industry poised to overtake the US

Turnover in the Chinese retail industry will eclipse that of the US later this year, according to analyses.

Gap brand sales slump as parent fails to re-engage

Gap brand sales fell 7 per cent globally in the last quarter as the US apparel retailer fails to re-engage consumers.

Victoria’s Secret ‘needs to reinvent’ after L Brands loss revealed

Lingerie brand Victoria’s Secret needs to reinvent itself, says retail analyst Neil Saunders.

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