Ralph Lauren Corporation announced the sale of the Club Monaco brand to global private equity firm Regent, L.P.…
Rosewood Hangzhou to open in 2025
Rosewood Hotels & Resorts® continues its strategic growth in China with the announcement of Rosewood Hangzhou opening in 2025. …
6IXTY8IGHT reaches over 350 stores in Asia
Asia-based fashion lingerie brand 6IXTY8IGHT continues to strive for business growth and market expansion online and offline, despite the pandemic impacts on retail industry.…
What makes China the biggest economy in the world, despite Covid-19?
With China being the only major country to grow its GDP in 2020, economists all over the world have been dialling up their forecasts of China’s relative might in the years ahead.…
Australia retail sales surge 13% in November
After a stagnant year for retail in Australia, the nation’s leading retail body announced double-digit retail revenue growth for the month of November.…
China’s share of global luxury market reaches new high
Following a slow start to luxury sales in China due to Covid-19 lockdowns, spending on luxury in the country has rebounded strongly as restrictions to global travel have pushed Chinese consumers to ma…
J.Crew Group emerges from bankruptcy
J.Crew Group announced that it has successfully completed its financial restructuring process and emerged from Chapter 11 bankruptcy well positioned for long-term growth.…
Adidas reported positive revenue growth in Greater China
Adidas said that sales have returned to growth in Greater China than it had expected in May after Covid-19 lockdown.…
Nestle announces 2020 first quarter financial report
Swiss food giant Nestle reported an overall growth of 4.7%, in the first three months of 2020.…
Social distancing : data shows more people opting for drinks at home
Korea is well known for its binge-drinking culture, but things appear to have changed significantly, as the latest data shows more opting to drink at home.…