Gap Inc. said its Old Navy apparel brand would cease operations in China by the end of the month, following the news that the U.S. retail group has decided not to spin-off the retailer into a separate…
Edrington to exit Korea
Edrington Korea, one of the leading whisky distributors in the country, has decided to leave amid continued sluggish sales.…
Forever 21 filing for bankruptcy
Apparel retailer Forever 21 said it is filing for Chapter 11 bankruptcy protection.…
Lotte Duty Free will exit Incheon on 7 July 2018
Lotte Duty Free announced today that it will exit three of its four loss-making concessions at Incheon International Airport Terminal 1 on 7 July.…
Kim Jones to leave Louis Vuitton
Kim Jones is reportedly parting ways with Louis Vuitton, according to Business of Fashion.…
E-Mart to exit China on widening losses, THAAD woes
E-Mart Inc., South Korea’s largest discount outlet chain by revenue, is closing down its business in China two decades after it first entered the country.…
COO Mark Taylor Exits Aquascutum
Aquascutum chief operating officer Mark Taylor is stepping down from the role after three years with the luxury clothing retailer.…