115 stories in this topic
Spanish clothes retailer Inditex, has reported its net profit for the first fiscal quarter of 2016 rose 6 per cent, after global sales lifted by 12 per cent. Inditex said profit for February through April was 554 million euros ($A843.61 million), up from 521…
A government-backed campaign to encourage healthy living is helping give Chinese sports brands traction again in the domestic consumer market. After three tough years with the slowing economy and over-expansion following the Beijing Olympics in 2008, the…
Online marketplaces, those giant shopping sites like eBay and Amazon Marketplace, can be a mixed blessing for brands and merchants. Marketplaces offer retailers broad exposure to millions of consumers, as well as delivery, payment and other solutions. Still,…
Dubai-based conglomerate Al-Futtaim Group is embarking on a slate of moves to refresh the offerings at its stable of retail brands here, such as household names Robinsons department store and the Marks & Spencer chain. The multi-faceted efforts to draw more…
Singapore-based shopping mall investment company CapitaLand Retail China Trust (CRCT) grew its income last year by 10.3 per cent to S$89.2 million ($63 million) from S$80.9 million. With China’s economy growing 6.9 per cent last year, the company’s retail…
As Spanish apparel giant Inditex continues its global expansion in earnest, the Inditex Asia business is accounting for a major share of the action. Inditex is committed to both multi-brand and multi-channel strategies as it builds it global dominance of the…
Spain’s Inditex, owner of the Zara chain and the world’s biggest fashion retailer, is optimistic about long-term growth in China despite the slowing economy, as demand for its affordable fashion stays robust. Inditex, whose Zara brand has lured shoppers this…
Zara Home, the Inditex Group trademark devoted to homewear and home decor, is due to launch its online platform in Australia (www.zarahome.com) on 3 December. This launch marks the start of Inditex’s e-commerce operations in the Southern Hemisphere. This move…
Spanish fast fashion retailer Mango is to close 450 points of sale in the US after deciding not to renew a partnership agreement with department store JC Penney. The two companies had a five year contract where Mango operated concessions in 450 of the…
Hennes & Mautitz AB (H&M), Swedish multinational retail-clothing company, known for its fast-fashion clothing for men, women, teenagers and children plans to open an additional 240 new stores this year. In the third quarter, H&M opened 36 new stores, but in…
Zara’s online store opens today, September 9, in Hong Kong. The brand also offers online shopping in Taiwan since last week. Zara’s online store opens today, September 9, in Hong Kong. The brand also offers online shopping in Taiwan since last week. Both…
Following IKEA announcing the purchase of 13 acres in Hyderabad for its first store in India on Friday, it’s the turn of another Swedish chain, Hennes & Mauritz (H&M), to go for a big rollout in the country. H&M, rival to another European fast fashion brand,…
Over the subsequent three years, a staggering 40 million sqm of shopping center improvement is predicted throughout China. Of this, 55 new malls will probably be in Shanghai – a metropolis whose retail business has been turned on its head, actually, by the…
Pleasure Metropolis Property says Zara, an anchor tenant in its Xidan Pleasure Metropolis mall, has reopened its renovated and expanded retailer. The brand new Zara Xidan Pleasure Metropolis retailer is 1800 sqm, 700 sqm than the earlier store. On its…
Hole has lastly made its debut in India – opening its first retailer at Choose Citywalk in an upmarket suburb of Delhi on Saturday. India represents one of many final remaining main creating markets the US informal attire model had not entered. It trails Zara…
Mitra Adiperkasa, or MAP, a life-style retailer that holds the licenses for Starbucks, Burger King and Zara in Indonesia, forecasts slower gross sales progress this yr, citing climbing prices and the nation’s financial slowdown. Fetty Kwartati, company…