Hong Kong-based skin care and cosmetics chain operator SaSa International Holdings Ltd said its sales in Hong Kong and Macau dropped 32% in August from the same month last year, amid a wave of protest…
Brazil’s Natura creates subsidiary in Singapore
Brazil’s Natura Cosmeticos SA is creating a subsidiary to manage its Singapore operations, the company said, as the global cosmetics firm seeks to boost its sales in East Asia.…
Protected: Payments – the key to winning online and in-store retail
There is no excerpt because this is a protected post.…
Taiwan’s Ching Feng Home Fashions transfers capacity to Taiwan and Vietnam
Ching Feng Home Fashions Co Ltd plans to transfer 20 percent of its Zhenjiang, China plant’s capacity for shades and home textiles to its new plants in Taiwan and Vietnam early next year in light of t…
Forever 21 prepares to file for bankruptcy
Apparel retailer Forever 21 is considering filing for bankruptcy as efforts to restructure its debt run dry, a person familiar with the situation told CNBC.…
Korea’s beauty device market is booming
Premium beauty devices for skincare have grown popularity over the past five years, with their sales forecast to hit 1.6 trillion won (US$1.43 billion) by 2022.…
Landlord in Causeway Bay cuts a rent of 44%
The landlord of Prada’s retail store in Causeway Bay is offering to slash monthly rent by 44 per cent for next year.…
7-Eleven Japan monthly sales drop for first time in a decade
7-Eleven Japan witnessed its first year-on-year decline in monthly sales in nearly a decade, on the back of unpredictable weather and its recent 7Pay hacking scandal, which lead to the retailer revoki…
Sports Direct acquires Jack Wills
Finally Mike Ashley’s company has won the bid to acquire troubled fashion retailer Jack Wills’ assets and stores across the UK and Ireland and the international Jack Wills brand for a cash consi…
How are Korea’s beauty brands doing in the industry?
The performances of Korea’s largest cosmetics companies continue to diverge.…