Comparable sales at Gap’s international stores, which includes its UK shops, fell by 6% in the third quarter to October 31, but overall profits at the US chain rose by 25%.…
.
Your one-stop source for retail intelligence in Asia
Designer crime: the Prada bag blag
Designer robbers went on an early Christmas shopping spree in Sydney today, smashing the front doors of the CBD Prada store and stripping it of luxury bags and clothes. …
Food for thought
Market leader Kellogg’s is expanding the still-small breakfast cereal market on the Indian health and wellness plank.…
Damage control
How Karl Slym is steering General Motors India after its US parent filed for bankruptcy.…
Ho-ho-holding the line
Food retailers aren’t expecting too many surprises this holiday season. Buoyed by a shift toward more at-home dining and buffeted by strong price competition and frugal consumer spending habits,…
Woolworths Mathieson – a handsome couple
Think Woolworths and the first thought that comes to mind is: ”The fresh food people”, but Woolworths’ real money spinners are alcohol and gambling. It is creating big…
Toyota mulls engine, transmission plant in India
Japanese auto major Toyota today said it is considering to set up an engine and transmission plant in India as it looks to use more vehicle-parts made here in its cars than import them.…
Australian Government urged to keep Grocery Choice site
The Australian federal government was told three times by treasury to persist with its controversial Grocery Choice website, according to freedom of information documents.…
Land Rover, Jaguar XF Oct sales zoom
Sales of Land Rover and a new version of Jaguar rose sharply in October over the year-ago period causing some cheer at Bombay House, the headquarters of Tata Motors.
Land Rover posted decent growth in…
China homeware chain sells Aussie brands
Australian products are to take prominence on the shelves of a new chain of home decor retail stores in China.…