China Archives - Inside Retail Thailand
Samsonite Asia sales lept 16 per cent last year, driven by the acquisition of Tumi.
Global Prada sales fell 3.8 per cent last year – but rose 4.6 per cent in greater China.
Poor trading by Dairy Farm International’s Southeast Asian grocery business hit the company’s bottom line last year.
E-business last year was particularly strong for apparel retailer Giordano International.
Chinese tourists prefer mobile payments for shopping overseas, says a new Nielsen/Alipay survey.
Consumers will spend more than US$3.3 trillion this year on remote payments for purchases, says Juniper Research.
Nadim Xavier Salhani aims to expand the Greyhound Cafe brand abroad.
L’Oreal reports “spectacular” growth for last year, particularly in Asia.
Asia’s pre-owned luxury fashion market is continuing to grow, with shoes and t-shirts gaining ground, according to retailer Reebonz.
After a revamp, King Power Group has staged a grand re-opening of its Bangkok King Power Rangnam complex.
Central Group expects its e-commerce partnership with JD.com to boost online sales to 15 per cent of revenue in five years’ time.
Alipay has launched its latest Double 12 Global Shopping Festival in 15 countries spanning four continents.