China Latest News - Inside Retail Singapore
Korean brand shop I’m Startice has officially opened at BigBox Mall in Jurong East.
Second-quarter net sales fell by 8 per cent year on year to US$2.7 billion for Victoria’s Secret owner L Brands.
Alibaba’s quarterly results show the company added 34 million active customers in just three months.
Responding to a Singapore Exchange query, Best World International quoted a report about a crackdown on direct-selling companies.
Full-year trading figures show the Coach turnaround is making excellent progress.
Dasin Retail Trust Management reports “stellar performance” for its first half.
With higher occupancies and rental reversions, BHG Retail REIT had 3.2 per cent higher second-quarter gross revenue, reaching S$500,000.
In a turnaround from a 1.6 per cent drop in the first quarter, Giordano International had a 3.4 per cent rise in half-year group sales to HK$2.6 billion.
Cath Kidston Asia sales helped the retailer post a surge in profits for its latest fiscal year.
Lower sales from fewer restaurants hit first-quarter profits for Japan Foods Holding, the parent of Ajisen Ramen.
Retail revenue was flat for the first six months for CK Hutchison, the parent of AS Watson Group.
Despite lower supermarket and hypermarket sales, Dairy Farm International Holdings has posted solid first-half profit growth.