Lotte Duty Free posted an operating loss of KW29.7 billion (US$26.1 million) in the second quarter ended 30 June – its first quarterly loss since the SARS crisis of 2003.…
Lotte Duty Free posted an operating loss of KW29.7 billion (US$26.1 million) in the second quarter ended 30 June – its first quarterly loss since the SARS crisis of 2003.…
French department store chain Galeries Lafayette will open a second China location by early 2019, setting up shop after its retail debut in Beijing in 2013.…
Chinese e-commerce giant JD.com reported second quarter revenue that grew 43.6% year-on-year, reaching 93.2 billion renminbi (US$13.7 billion), far surpassing the firm’s guidance by closet to five per…
DFS unveiled a new Timepieces & Whiskies lifestyle shopping experience within the men’s concept at T Galleria by DFS, Macau, City of Dreams on August 12.…
The playful and stylish aesthetic of Gentle Monster resonates extremely well with the millennial crowd, and with China’s young consumers spending considerably more on lifestyle goods.…
British street fashion label Just Hype will open its debut Hong store in six weeks time, ahead of a mass retail rollout of up to 50 stores in China.…
The company, which rose quickly to become China’s largest retailer, online or offline, through its e-commerce business, is looking to leverage the advantages of an offline experience to further expand…
McDonald’s Corp said it would almost double the number of stores in mainland China by 2022, slightly more than was expected, as part of its strategic partnership with state-backed conglomerate C…
Danish jeweller Pandora posted a surge in its APAC sales for the second-quarter period, as the Copenhagen-based firm signalled a shift toward the Chinese market to fight trading headwinds in the U.S.…
Japanese cosmetics firm Shiseido will bring its luxury Nars brand to China, via an online distribution deal with WeShop.…