ASOS acquires Topshop and other Arcadia brands

ASOS has acquired Topshop, Topman, Miss Selfridge and HIIT brands for US$362.7 million.…

L’Oréal acquires minority stake in social selling platform

As part of its acceleration strategy in e-commerce, L’Oréal announced a minority investment in US-American social selling platform Replika Software, Inc., made through its corporate venture capital fu…

H&M announces financial results

In the fourth quarter 2020, the H&M group’s net sales decreased by 10 percent in local currencies compared with the corresponding period last year.…

Inditex Group announces financial results

Inditex Group reported sales of US$17.1 billion in the first nine months of its fiscal year 2020 from 1st February to 31st October, compared to US$24 billion the same period in fiscal year 2019.…

Adidas considers to sell Reebok

As part of the development of its new five-year strategy, adidas has begun to assess strategic alternatives for Reebok.…

What are Korean retailers doing in regards to the rise of online communities?

Retail companies are racing to form their own online communities so they are not so dependent on the likes of Facebook and Instagram.…

CapitaLand divests three malls in Japan and an office building in Korea

CapitaLand has divested three retail malls in Japan and an office building in Korea for a total of US$335.5 million as part of its ongoing portfolio reconstitution strategy.…

Alibaba Group unveils plans for 2020 11.11 Global Shopping Festival

Alibaba Group Holding Limited kicked off its 11.11 Global Shopping Festival with new innovations and features to meet rapidly changing consumer trends.…

Zann Lee, Vice President, Skechers Southeast Asia 01

EXCLUSIVE INTERVIEW with Skechers about retail expansion amidst the pandemic

Retail in Asia had the pleasure to interview Zann Lee, Vice President of Skechers Southeast Asia, on the topic of retail expansion and growth amidst the challenging climate in this pandemic.…