Hong Kong Latest News - Inside Retail Singapore
Jamie Oliver’s UK restaurant chain has collapsed – but the international outlets remain trading for now.
“Economic headwinds” in the latest quarter have brought an end to the stellar run of Samsonite sales growth.
WH Smith has widened its franchise partnership with King Power Group (Hong Kong) to Singapore.
Dairy Farm International has reported like-for-like sales growth in four of its five operating divisions in the first quarter.
The first standalone Rituals Hong Kong store is slated for opening in July as the Dutch cosmetics retailer ramps up its presence in Asia.
Sales by Hugo Boss in Asia rose by 4 per cent in the latest quarter.
Hong Kong-listed sportswear giant Xtep International has bought the K-Swiss, Palladium and Supra brands from South Korea’s E-Land.
Honestbee CEO and cofounder Joel Sng has stepped away from the business, clearing the way for a fresh round of investment.
Honestbee has shut down or suspended operations in five countries as it seeks funding to continue to trade in its core markets, including home base Singapore.
Esprit’s restructure is beginning to pay off, the company says, despite another quarterly same-store sales decline.
Honestbee is freezing operations in Hong Kong and Thailand and laying off staff as it urgently seeks investment to stave off collapse.
L’Oreal Asia now sells more products than the company’s home European division.