Hong Kong Latest News - Inside Retail Singapore
Dasin Retail Trust Management reports “stellar performance” for its first half.
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.
With second-quarter sales rising by 14 per cent, Hugo Boss China shines for German luxury fashion house.
Under Armour Asia sales soared 89 per cent in the latest quarter to US$93.6 million as Chinese continued to embrace the sports brand.
Apple sales beat estimates in the latest quarter, with all its main product segments showing growth.
McDonald’s China led a strong quarterly sales growth for the US fast-food giant, ahead of the regional spin-off.
Joe & The Juice has bought back the brand’s franchise rights to Singapore and Hong Kong from Norbreeze Group.
Burberry quarterly sales rose a solid 5 per cent, largely buoyed by a strong performance in China.
E-commerce workshops for Singapore SMEs will be launched under a new public/private venture.
Chinese tourists are travelling more but spending less in stores, says a new report from global consulting firm Oliver Wyman.