Procter & Gamble-owned SK-II has opened a new concept store in Kuala Lumpur, in partnership with Luxasia.…
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Louis Vuitton opens first fine chocolate shop in China
Louis Vuitton has opened its first chocolate store in China, opting for the city of Shanghai to make its debut.…
Porsche names new Greater China CEO
Porsche has announced the appointment of Alexander Pollich to the role of CEO of Porsche China, Hong Kong and Macao.…
LVMH names new TAG Heuer, Hublot CEOs
LVMH announced the appointment of two new CEOs within its watches division, overseeing Hublot and TAG Heuer, respectively.…
China retail sales growth slows to 2 percent in June, cosmetics and fashion sales decline
Chinese retail sales growth slowed in June, as budget-conscious local shoppers spent less on fashion, cosmetics and jewellery items.…
Richemont Greater China sales tumble 27 percent weighing down APAC
Richemont reported a 1 percent decline in first quarter sales, with a slump in Greater China sales hindering overall growth.…
Hugo Boss maintains steady growth despite dropping China sales
Hugo Boss saw sales increase 5 percent last quarter, with the luxury firm clocking a sales dip in China.…
Burberry ousts CEO as sales continue to plummet, issues profit warning
Burberry has appointed Joshua Schulman as its new CEO, coinciding with another lacklustre earnings update.…
Singapore retail sales return to growth in May, tourism numbers still lag 2019 levels
Singapore retail sales increased during the month May, which saw the nation reverse a decline in retail sales for the month of April.…
Fast Retailing sales surge again on strong Uniqlo sales, both locally and overseas
Fast Retailing said sales lifted 13.5 percent in the third quarter, on the back of strong Uniqlo and GU sales.…