Ralph Lauren has reported another decline in net sales, but the overall results confirm the company is headed in the right direction, albeit slowly. The company says its fourth-quarter sales decreased by 2.3 per cent to US$1.5 billion on a reported basis and…
Parkson Retail China has been able to parlay a string of modest first-quarter increases into an 181.7 per cent boost in operating profit. Same-store sales for the quarter, to the end of March, grew by 1.7 per cent; total operating revenues rose 2.9 per cent…
A new Zara flagship unveiled in London this week gives an insight into its new global direction. High in technology, compact in footprint, Zara believes the new Westfield Stratford store concept will “transform the customer shopping experience at its heart”,…
Celebrating its tenth birthday, Sandro Homme has collaborated with Mr Porter for a men’s capsule collection. In partnership with the UK e-commerce platform, the Paris brand, launched in 2008 by Ilan Chétrite (son of Sandro founder Evelyne Chétrite), proposes…
Tiffany & Co Asia-Pacific sales soared 28 per cent in the first three months of this year helping the New York-headquartered jewellery retailer achieve a 53 per cent lift in profit. The company’s worldwide net sales increased 15 per cent to $1 billion, with…
Cheng, who has bought stakes in publications, luxury retailers and fashion tech companies over the last decade, is bankrolling fine jewellery rental service Flont’s expansion into dozens of malls owned by Chow Tai Fook, his family’s conglomerate. He is also…
Second-hand branded designer products retailer Brand Off Tokyo is about to open its first flagship store for Thailand. It will be run by Money Cafe Company, which owns Money Pinkoo Pawn Shop. Brand Off Tokyo has more than 60 branches (50 in Japan, eight in…
France’s Givenchy is revamping its retail reach in Asia, with the rollout of a WeChat store in China. Bowing 15 May 2018, the new WeChat boutique store is an extension of Givenchy’s premium offline service, and aims to offer a convenient yet immersive…
L Brands needs to revise the Victoria’s Secret store model, according to retail analyst Neil Saunders. “The dark store environment, the conspicuous sexuality of the offer, and the brash marketing are increasingly out of step with what modern consumers want.…
In a collaboration with national sports agency Sport Singapore (SportSG), sporting goods retailer Decathlon Singapore is preparing to open its biggest store yet. In Stadium Boulevard in Kallang, the Decathlon Singapore Lab will pioneer the use of technology…
Hong Kong fashion brand Giordano is scrambling to remove an advertising campaign slammed as “sexist” on social media. Promoting the “Team Family Series”, the advert shows a family posing together with the man wearing a t-shirt emblazoned “Work” while the…
Retail giants like Lotte and Shinsegae don’t have to worry about getting their duty-free licenses renewed every five years anymore. A task force on improving duty-free regulations decided on Wednesday to propose the government extend duty-free licenses for…
After opening its first stadium-format store in Delhi, Adidas India plans to roll out four or five more of the outlets this financial year. Designed to showcase the brand’s performance wear, the format will become standard in India from next year. Already…
DFS Group, the world’s leading luxury travel retailer, and Estée Lauder are inviting fans to travel beautifully this May with the launch of the exclusive Chic Never Sleeps campaign. Inspired by travelers’ desire to look their best while enjoying the best in…
LF Beauty, a one-stop shop partner and supplier of product solutions for fragrance, skincare, color cosmetics, interactive POS displays and beauty instruments for world-class brands, retailers and direct marketers, today launched its Creative Days concept…
At the 2018 World Retail Congress, Sephora was named Retailer of the Year. The award reflects Sephora’s exceptional growth over the last decade, which has been driven by rapid expansion globally. This type of sustained performance is a testament to the…
Weekly Briefing
Asia's retail intelligence, in your inbox
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Top industry moves and market shifts
Weekly data-driven analysis from across Asia
Tuesday, Thursday and the Saturday Weekly Wrap
Read by retail operators, investors and brand teams across Asia.