As announced via a Facebook post, the footwear retailer will close all of its stores in the Philippines by December 31, 2022. SEE ALSO: Japan’s Aigan exits China The post […]…
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Uniqlo to close nine stores in Korea
Japanese fashion retailer Uniqlo said it will close nine of its stores in South Korea next month amid a sharp fall in sales stemming from the new coronavirus outbreak and a trade dispute between Seoul…
G-III Apparel to close all Wilsons Leather and G. H. Bass stores
G-III Apparel Group, Ltd. announced operating results for the first quarter of fiscal 2021 ended 30th April, 2020 and the restructuring of its retail operations segment.…
Australia’s Myer to temporarily close all stores, stands down retail staff
Australian department chain Myer has temporarily close all its domestic stores, acting as a health precaution to the Covid-19 pandemic sweeping the globe.…
David Jones profit plummets 50%, plans store closures
Australian premium department store David Jones revealed its December half-year profit fell by more than 50%, down AU$27 million, compared to the same period last year.…
Taiwan’s Test Rite Group to close stores in China
The Test Rite Group, known in Taiwan for its do-it-yourself stores, has decided to close down 13 out of 15 stores in China due to losses, the Central News Agency reported on August 3, 2019.…
Burberry to close 38 stores worldwide
Burberry is reportedly planning to close 38 of its stores worldwide (or one in ten) as the British brand moves forward with plans to reposition itself into a more upmarket tier.…
Adidas to close stores in online push
Adidas expects to close down stores in the coming years as part of a shift towards selling more goods online, its chief executive told a newspaper.…
Marks & Spencer to close more stores
Falling profits and increasingly tough high street trading fuels expectations of a much bolder restructuring plan from M&S.…
Why did all 7-Elevens in Jakarta suddenly disappear?
The closure of global convenience chain 7-Eleven in Indonesia underlines the tough economic and regulatory landscape that could deter future investors from taking over the iconic brand’s franchise in…