China Latest News - Inside Retail Singapore

Losses widen for Larry Jewelry in subdued luxury-goods market

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.

Trade war, climate erode first-half Giordano sales

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 ‘deliberate’ in moving production out of China

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.

Dairy Farm sales lift through acquisitions, restructuring

Hong Kong-headquartered Dairy Farm sales surged by 13 per cent in the first half of the year to US$13.8 billion.

BreadTalk Group earnings halve as expansion costs bite

Expansion-related costs saw Singapore-listed BreadTalk Group’s quarterly profit more than halve despite rising sales.

CapitaLand China Retail Trust boosts income by 11 per cent

CapitaLand Retail China Trust (CRCT) has boosted net property income (NPI) by 11.1 per cent in the first half year.

Raffles City Chongqing nearly fully leased five months ahead of opening

CapitaLand has achieved 95-per-cent leasing rate for the retail component of Raffles City Chongqing ahead of its opening in September.

H&M collaborates with Chinese designer Angel Chen

H&M has teamed with Angel Chen in a capsule collection – the fast-fashion label’s first partnership with a Chinese designer.

How the new IFRS 16 impacts retailers

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…

Same-store sales fall for Chow Tai Fook

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.

1004Laboratory launches Artois in Asia

Korean beauty solution company 1004Laboratory has launched its brand Artois into Asia.

Novena invests in haircut chain Xingkeduo

Singapore-headquartered Novena Global Lifecare has completed a US$475.4 million merger with Xingkeduo.

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