China Latest News - Inside Retail Singapore
Fashion brand Giordano is scrambling to remove an advertising campaign slammed as “sexist”.
SK Jewellery has formally unveiled a flagship Shanghai bridal jewellery store, under the Love & Co brand.
Metro Holdings is acquiring a 90 per cent stake in Shanghai Plaza for US$600 million.
Double-digit growth in Mainland China, Hong Kong, Korea and Macau have helped boost Richemont sales.
E-commerce has helped boost the first-quarter bottom line for Giordano International, particularly in China.
Chinese e-commerce giant JD has invested US$306 million in its supply chain partner ESR.
Koda has reported a near fourfold rise in net profit for its third quarter thanks to growing exports, and increased sales of its Commune brand.
Acquired last June, Shiqi Metro Mall has proved a profit booster for Dasin Retail Trust.
While first-quarter global sales fell for Tod’s Group, Greater China bucked the trend with a 4.4 per cent rise.
Jollibee Foods says it will invest S$45 million in a private equity fund to acquire the master franchise of Tim Ho Wan in Asia Pacific.
Rituals Cosmetics has entered the Asia Pacific travel-retail market with a pop-up store at T Galleria by DFS in Causeway Bay.
Hong Kong and China were the fastest-growing markets globally for edgy Italian outdoor-wear brand Moncler in the first quarter of this year.