The owner of Zara Inditex announced that the year-on-year contraction in sales was limited to a 44% decline to US$3.7bn during the first quarter of 2020.…
GU to close all stores in South Korea
GU has announced its decision to shutter all three of its stores in South Korea and cease store operations in the country.…
PVH reopens stores around the world
PVH Corp. released a phased reopening plan for its stores in the U.S. and around the world as the company continues to navigate the COVID-19 crisis.…
Esprit to close 56 stores in Asia
Esprit Holdings Limited presented the unaudited FY19/20 third quarter update of the company and its subsidiaries for the nine months ended 31 March 2020.…
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.…
Tesco sells Malay, Thai business to CP Group
British supermarket chain Tesco agreed to sell all of its stores in Thailand and Malaysia to Thailand’s CP Group entities for an enterprise value of $10.6 billion. …
Tiffany & Co. opens new Perth store
The new Tiffany & Co. boutique relocated to Perth’s Rain Square, following a significant redevelopment of the area Opening to the public on 4th March.…
UNIQLO and GU stores charge for shopping bags in Japan from April
Fast Retailing Co., Ltd. announced that its Group companies UNIQLO and GU will begin charging for shopping bags at all stores in Japan from 1st April.…
Sephora to open second New Zealand store in Auckland
France’s Sephora is expanding in the New Zealand market, with its second store opening in the nation scheduled for later this year.…
Nike Live opens in California and Tokyo
When Nike opened its first Nike Live pilot store in Melrose last year, it was hailed as a reinvention of the retail game: a seamless blending of data science and premium personal service that delivere…