Victoria’s Secret has closed its flagship store in Causeway Bay, Hong Kong, adding its name to the list of brands fleeing the district due to the recent coronavirus pandemic and last year’s social unr…
Shilla Duty Free becomes the first travel retailer to offer Huda Beauty
From 26th June, Shilla will stock the brand at its Seoul downtown store and online as the exclusive Korean duty free distributor.…
Nayuki to open first store in Japan
The first Nayuki store in Japan is scheduled to open on 4th July, bringing local customers its fruit-based cheese teas.…
Yoshino Spirits and Lotte Duty Free partner at Changi Airport
Yoshino Spirits is collaborating with Lotte Duty Free to feature Kamiki and Umiki Japanese whiskies at Singapore Changi Airport.…
China after COVID-19: how are consumers returning to shopping venues?
Retailers and Investors globally are now trying to understand the impact of COVID-19 on the retail landscape.…
Frasers Group acquires 5.1% stake in Hugo Boss
Frasers Group has taken a 5.1% stake in German fashion house Hugo Boss through stocks and derivatives.…
Diane von Furstenberg to reduce footprint and go digital
New York-based brand Diane von Furstenberg will be shifting its retail strategy following uncertainty due to the coronavirus as well as declining sales over the years.…
Brooks Brothers considers bankruptcy
Brooks Brothers is talking to banks about raising financing for a potential bankruptcy that could come as soon as July, as the coronavirus pandemic squeezes the sales of the two-century-old retailer, …
Wangfujing acquires duty free license
The parent company of one of China’s largest department store chains Wangfujing said that it has been granted a government licence for duty-free retail.…
Hong Kong government to bail out Cathay Pacific
As reported by SCMP, Cathay’s restructuring package marks the first time the Hong Kong government has directly injected money into a private company.…