Articles
Inditex to close 1200 smaller stores, invest online
Inditex plans to close up to 1200 smaller stores globally as it invests more than €2.7 billion in expanding its online capacity and large-format stores.
LVMH’s Tiffany takeover is in doubt as COVID-19 hits jeweller’s sales
The planned US$16.2 billion Tiffany takeover by luxury-goods group LVMH appears in doubt, with the Parisian luxury-goods group looking at ways to renegotiate the price.
How H&M went from global to ‘glocal’
As fast fashion label H&M expands in Asia, the Swedish company is tapping local models and creative partners to up its appeal.
Victoria’s Secret sale cancelled; company to be spun off
L Brands confirms the deal with private-equity company Sycamore Partners was cancelled and it now plans to spin the business off.
An inside look at Harvey Nichols’ Hong Kong store
The department store retailer is hoping to appeal to both in-store and online shoppers.
Burberry bullish despite Hong Kong sales collapsing
British luxury fashion label lifts full year forecast.
A muse by the sea
K11 Musea in Hong Kong is possibly the most ambitious retail project of modern day Asia, a temple of art and retail built for millennials.
Hong Kong street-front rents are down more than 50 per cent from their peak
Hong Kong street-front rents plunges by 54 per cent.
How 5G will revolutionise retail as a great enabler
Mobile communication is about to experience its greatest revolution since the smartphone.
Riccardo Tisci makes magic at Burberry
Fashion retailer hails the success of new creative director Riccardo Tisci as its June quarter same-store sales grew.
LVMH takes stake in Stella McCartney House
Luxury fashion retailer buys cornerstone share in Stella McCartney House.
Lush Tokyo store marks beauty brand’s largest yet in Asia
The new Lush Tokyo store is the beauty brand’s largest yet in Asia, a three-storey, 1240sqm flagship.
Prada to cull wholesale channels
Italian luxury fashion label to cull its wholesale distributor list to take more direct control of pricing.
Victoria’s Secret drops televised fashion show
Global fashion brand begins process of revitalising business for a new age.
Ikea leasing program targets students, offices
Swedish furniture retailer to launch furniture rental service.
German owner of Pret-a-Manger seeks to make amends for Nazi past
JAB Holding pledges to pay US$11.3m to charity.
L Brands to close stores as sales stagnate
Victoria’s Secret parent company share price falls 8 per cent after releasing disappointing results.
LVMH achieves record result, with profit up 21 per cent
World’s largest luxury retailer reports record revenue of €46.8 billion.
China retail poised to overtake the US
Turnover in the Chinese retail industry will eclipse that of the US later this year, according to analyses.