China Latest News - Inside Retail Singapore
Listed Hong Kong jewellery and Chinese medicine retailer Larry Jewelry has reported a higher loss as its sales plunged 23.1 per cent in the six months to June.
The China-US trade war and an unseasonably warm winter have been blamed for Giordano sales falling 11 per cent in the first half of the year.
Levi Strauss & Co has been “deliberate and diligent” in moving production out of China because of uncertainty hanging over tariffs on goods imported from China.
Hong Kong-headquartered Dairy Farm sales surged by 13 per cent in the first half of the year to US$13.8 billion.
Expansion-related costs saw Singapore-listed BreadTalk Group’s quarterly profit more than halve despite rising sales.
CapitaLand Retail China Trust (CRCT) has boosted net property income (NPI) by 11.1 per cent in the first half year.
CapitaLand has achieved 95-per-cent leasing rate for the retail component of Raffles City Chongqing ahead of its opening in September.
H&M has teamed with Angel Chen in a capsule collection – the fast-fashion label’s first partnership with a Chinese designer.
Most enterprises in Asia Pacific are aware that International Financial Reporting Standard (IFRS) 16 took effect on January 1, entailing significant changes to the way leases are…
Jeweller Chow Tai Fook says same-store sales in its Hong Kong home market and Macau fell by 11 per cent in the June quarter.
Korean beauty solution company 1004Laboratory has launched its brand Artois into Asia.
Singapore-headquartered Novena Global Lifecare has completed a US$475.4 million merger with Xingkeduo.