Fashion retailer Zara India has reported a 13.4-per-cent drop in net profit over the last financial year, reflecting increased competition and a drop in demand during the period. The loss…
One of the biggest travel-trade talking points of the recent Paris Air Show was Cebu Pacific signing a memorandum of understanding (MOU) to buy 31 Airbus planes – 16 of…
Luxury fashion brand Zimmermann has opened a new boutique on the Amalfi Coast in Capri, Italy. Designed by Australian architect Don McQualter of Studio McQualter, the 734sqf (68sqm) store aims…
Temasek Holdings has invested US$300 million (S$406.1 million) for a a 21.7 per cent stake in Hong Kong-based global supply chain giant Li & Fung’s logistics business. The injection from…
Line Friends has opened a pop-up store at Changi Airport Terminal 3 Departure hall. Set to open until August 8, the store offers the latest summer collections of Line Friends…
Taiwanese franchise 85C Bakery Cafe is undergoing rapid expansion in the US. The firm has branched out from its flagship venue to open more than 60 locations in California, Washington…
Ailing Singaporean grocery-delivery service Honestbee is “temporarily closing” its Taiwan operations as it continues to focus on its core Southeast Asian markets to ensure survival. “Thank you for your support…
Robinsons Retail is looking to shrink its fashion business as competition with cheaper chains gets tougher. “We are shrinking fashion, for it has become very difficult,” said the firm’s CEO…
Hong Kong retail sales fell again in May, but the rate of decline was significantly less than in April. According to the Census and Statistics Department the value of retail…
Analysts are warning of challenging times ahead for the Hong Kong luxury goods market. In a research note, Kathryn Parker and Flavio Cereda, equity analysts at Jefferies, say sentiment within…
Tmall has rolled out a suite of tools for brands to customize their online storefronts and offer a more-personalized experience for shoppers. Called “Flagship Store 2.0,” the solution from Alibaba’s…
India will take on more than 65 million sqft of new mall space by the end of 2022, according to a new report from real estate services firm Anarock. The report shows…
The Tata Harrier is all set to get the option of dual-tone colors soon. Tata Motors has released a teaser of the compact SUV with the new black with orange and…
Shopee, Southeast Asia and Taiwan’s leading e-commerce platform, today announced the expansion of their online baby care offering with Johnson’s®, a leading brand in the baby personal care category. Through this partnership, Shopee hopes to offer time-starved…
Australian travel retailer Flight Centre Travel Group has furthered its position in the European market, taking full ownership of corporate travel business 3Mundi, which operates in France and Switzerland. Flight…
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