Topic

#lockdowns

Every story tagged #lockdowns on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

2 stories in this topic

Fashion

May 9, 20221 min read

Adidas lowers 2022 expectations amid China lockdowns

Adidas lowered expectations for 2022 after a first-quarter slump as renewed COVID-19-related lockdowns in Greater China continues to hit the German sportswear company. First-quarter currency-adjusted sales shrank by 3% worldwide, to 5.3 billion euros ($5.58…

E-Tailing

May 5, 20211 min read

Online share of retail sales jumps to 19% amid lockdowns

Online sales accounted for nearly a fifth of total retail turnover last year as lockdowns to combat the spread of the coronavirus pandemic fuelled a boom in e-commerce, a United Nations study released on Monday showed. Online sales accounted for 19 percent of…