Robert Stockdill - Inside Retail Singapore
Sa Sa International sales slipped 2.2 per cent in the latest quarter, with same-store sales in Hong Kong and Macau down 3.7 per cent.
Crabtree & Evelyn Singapore is in the process of closing all of its 12 stores on the island and will move exclusively online.
New York toy retailer FAO Schwarz has opened a private, invitation-only store in Hong Kong, designed by Studio X.
Prada has apologised for selling a US$550 monkey figurine after a social media backlash from US consumers alleging the character is racist.
Fast-growing Chinese cafe chain Luckin Coffee has raised US$200 million in its latest funding round.
Shanghai and Singapore have overtaken Hong Kong in Asia’s most expensive city rankings.
New store openings are maintaining a modest 7-Eleven Malaysia sales growth rate.
Marks & Spencer Singapore has opened a full-scale concept store in VivoCity.
H&M is to close its Cheap Monday brand business to refocus on “core activities”.
A major Esprit revamp promises to restore sales growth and profits within five years.
The Dolce & Gabbana China crisis is worsening as the Italian luxury brand fends off claims of racism and growing boycott calls from far beyond Asia.
Lingerie brand Victoria’s Secret needs to reinvent itself, says retail analyst Neil Saunders.