Retail sales in Hong Kong rose 1.4% year-on-year in September, signalling a considerable retail sales slowdown in the Asian economy.…
Australia retail sales miss in September
Australian retail sales rose slightly in September 2018, missing industry expectations that the nation’s retail revenues would register a bigger increase for the first month of spring.…
Australian retail stalwart Myer posts worst annual profit
Australia’s biggest department store operator Myer Holdings Ltd on 14 September 2017 posted its lowest annual profit since listing.…
Indonesia retail sales down first time in six years
Retail sales in Indonesia declined 3.3% in July 2017, compared to last year, according to a central bank survey released this week, marking the first drop in retail sales in nearly six years.…
Hublot opens Kyoto store
Swiss watch brand Hublot has opened a boutique in Kyoto on 26 August 2017, taking up residence in the former space occupied by Hermès.…
Instagrammable bags worth billions in retail sales
Search #cultgaia on Instagram and you’ll find over 12,600 posts dedicated to the young brand, whose $128 “Ark” clutch has become an influencer favourite over the past two seasons.…
North Korea may finally be embracing a more consumer-friendly culture
Under a five-year plan for the economy Kim Jong Un announced in May 2017, North Korean factories are putting a new priority on making more and better daily-life products. Supermarkets are beginning t…
Growth of Korea retail sales slows in July
The growth of retail sales in South Korea slowed down last month due to weak performance by online malls amid fierce market competition, government data showed Wednesday 30 October.…
Japan’s retail sales growth slowed in July
Japan’s retail sales growth slowed in July as shoppers spent less on clothes and cars, but economists remain optimistic that consumer spending will soon gather pace due to a tight labor market.…
Fall in Chinese tourists drags retail-sector sales in Taiwan
Revenue generated by Taiwan’s retail sector fell in the first half due to a fall in the number of Chinese visitors, who tend to buy expensive home appliances or luxury goods, the Ministry of Eco…