retail sales

Don't Miss:

24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )
16/04/2024 Google Chat working on adding group audio and video call function within Gmail Spaces ( General )
15/04/2024 Tim Cook arrives in Vietnam ( Electronics )
15/04/2024 Vietravel Airlines reports first profits in 3 years ( General )

Retail Asia05/07/2018

Hong Kong retail sales continued their double-digit growth trend in May, rising 12.9 per cent over the same month last year. That follows a revised increased of 12.2 per cent in April and contributes to a five-month increase of 13.7 per cent this year. The Census and Statistics Department (C&SD) provisionally estimated total Hong Kong […]

CONTINUE READING

Retail Asia25/06/2018

The Malaysia Retailers Association (MRA) forecasts retail sales to be 5.3% for 2018, an improvement from the 4.7% growth in its March survey, boosted temporarily by the zero Goods and Sales Tax in June. The MRA said for the first quarter of 2018, the Malaysia retail industry recorded a below-than-expected growth rate of 2.6% in […]

CONTINUE READING

Retail Asia14/06/2018

Retail sales continued its lacklustre streak in April, ticking up marginally by 0.4 per cent compared to a year ago, dragged down by a sharp dip in computer and telecommunications equipment. This followed March’s 1.1 per cent drop in retail sales. Excluding motor vehicle sales, retail takings inched up 0.7 per cent in April, according […]

CONTINUE READING

Retail Asia13/06/2018

Retail sales in Indonesia increased ahead of the Idul Fitri holiday, hinting of a much-anticipated rebound in private consumption. Shopping malls saw crowds of people hunting for discounts on new clothes, jewelry or the latest trends in shoes and handbags ahead of the annual festivity. Housewives have meanwhile been filling their grocery baskets with staples […]

CONTINUE READING

Retail Asia06/06/2018

Booming trade in watches, jewellery and gifts are flattering the overall performance of Hong Kong retail sales this year. For the first four months combined, retail sales are up 13.9 per cent year on year. But while the consistent double-digit increases in sales over the first four months of this year serve as an encouragement […]

CONTINUE READING

Retail Asia01/06/2018

Macau’s gaming sector rebounded in 2017 with total visitor arrivals growing 5.1% year-on-year. With increasing visitors, gaming and retail sales has rebounded dramatically however distribution of these gains has not been equal. During the fourth quarter of 2017, Macao has experienced record sales with an increase by 12.6% compared to the previous year. This impressive […]

CONTINUE READING

Retail Asia16/03/2018

Sa Sa International has released sales figures combining January and February – the first true indicator of how the Hong Kong retail market is performing so far this year. Sa Sa sales in Hong Kong and Macau surged 14.6 per cent during the period, and same-store sales rose 11.1 per cent. Official government figures show […]

CONTINUE READING

Retail Asia16/03/2018

The Malaysian retail industry reported a modest growth rate of 3.1% in the fourth quarter of 2017 compared with the same period in 2016, coming in below expectations due to the rising cost of living which the eroded purchasing power of Malaysian consumers, said independent retail research firm Retail Group Malaysia. “This latest quarterly result […]

CONTINUE READING

Retail Asia14/03/2018

Singapore retail sales fell in January, however there is little to read from the figures. The decline – of 8.1 per cent (excluding motor vehicles) – is totally attributable to the timing of Lunar New Year which fell in February this year and January last year, making year-on-year comparisons meaningless. However, month-on-month sales fell a […]

CONTINUE READING

Retail Asia06/03/2018

Hong Kong retail sales rose 4.1 per cent in January, compared to last year. While that marked a positive trend to kick off the new year, it was well short of the revised 5.8 per cent growth of December, most likely explained by the timing of Lunar New Year. The Census and Statistics Department provisionally […]

CONTINUE READING

Retail Asia23/02/2018

With a record 91 per cent profit growth, lifestyle F&B company BreadTalk Group says it is ready to soar in a challenging market. Its record net profit for last year came in at US$21.8 million despite an “unpredictable” macro retail environment, says the Singapore-headquartered company. “We are well positioned to soar above the challenging retail […]

CONTINUE READING

Retail Asia23/02/2018

A new study has revealed that Korean shoppers embrace the cold winter climate – but not much beyond minus 5 degrees. Supermarket operator E-Mart says the number of customers peaks during winter when the temperature hits minus 5 degrees Celsius, also known as the ‘golden temperature’ in the South Korean retail industry. Researchers learned that […]

CONTINUE READING

Retail Asia13/02/2018

Singapore retail sales were static in December, increasing just 0.6 per cent year-on-year, after excluding motor vehicles. With vehicles included, they rose by 4.6 per cent. Month on month they declined 0.2 per cent against November or by 2.6 per cent with vehicles excluded. The figures would have disappointed retailers after a strong November, although […]

CONTINUE READING

Retail Asia01/02/2018

Hong20Kong20jewelry20retail20shopping20credit20Andrey20Bayda20slash20Shutterstock20520.jpg

After steady recovery last year, Hong Kong’s retail sector is expected to improve further this year on the back of a bullish economic outlook, both globally and in China, says PWC Hong Kong. Retail sales in Hong Kong for the first 11 months of last year eased up 1.8 per cent over the same period […]

CONTINUE READING

Retail Asia23/01/2018

UK fast-fashion retailer Primark has reported record Christmas sales, largely due to the addition of a massive 300,000sqft of retail selling space. In its home market, Primark opened five stores during the 16-weeks to January 6 and during the whole year added 1.1 million sqft of space. By the end of the period the company, […]

CONTINUE READING

Retail Asia22/01/2018

Retail sales fell more sharply than expected in the core Christmas month, capping the worst December performance for volumes since 2010. The Office for National Statistics (ONS) issued the grim update on the health of the high street just hours after Carpetright became the latest big name chain to announce a profit warning . The […]

CONTINUE READING

Retail Asia12/01/2018

Spurred by a rising middle class and influx of international retailers, Vietnam retail sales hit a record US$129.6 billion last year. This was growth of 10.9 per cent over 2016, according to the Vietnam General Statistics Office (GSO). Vietnam’s largest real estate company, Vingroup, starting expanding its Vinmart Plus convenience store chain in 2016 and […]

CONTINUE READING

Retail Asia12/01/2018

Department store chain Nordstrom has seen a boost in sales during the holiday season buoyed by greater consumer confidence, lower unemployment and e-commerce growth. Nordstrom posted a 2.5 per cent increase in net sales and a 1.2 per cent increase in same store sales for the nine weeks ending December 30, 2017 compared to the previous […]

CONTINUE READING

Retail Asia05/01/2018

Sales of jewelry, watches and other luxury items in Hong Kong rose in the first 11 months of 2017 as tourists returned and local consumer sentiment recovered, the city’s official data authority said. Retail sales for the category grew 5% year on year to $8.49 billion (HKD 66.35 billion) for the January-to-November period, Hong Kong’s […]

CONTINUE READING

Retail Asia05/01/2018

Hong Kong retail sales in November lept 7.5 per cent, the biggest monthly rise in at least three years. Census and Statistics Department (C&SD) data also showed a revised estimate of 3.9 per cent growth in October, fuelling a year-to-date increase of 1.8 per cent against 2016. The total volume of retail sales in November, […]

CONTINUE READING

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CALL US ANYTIME

Most read

Retail updates

Stay up to date of the lates updates and retail news from Asia.

X