Category: Asia
Asia, Europe, World news - October 2021
Average basket rising with digital transformation at Value Retail
“There is no return to normal” in the sector of outlet centres, said Scott Malkin, Founder of Value Retail (11 outlet centres...
Asia, World news - October 2021
China. Meituan attracts the wrath of Beijing
In mid-October, The Chinese delivery platform Meituan (which delivers for restaurants and retailers) was fined US$533 million for anti-competitive practices....
Asia, World news - October 2021
Fast Retailing expects a return to normal in H1 2022
In the fiscal year ending August 2021, Fast Retailing, including Uniqlo, Gu, Comptoir des Cotonniers, Princesse Tam Princesses and Theory, reported sales...
Chinese developer Evergrande (US$304 billion in debt in June 2021) announced at the end of September that it was selling its stake...
Asia, World news - September 2021
Xi Jinping’s announcements send luxury stocks tumbling
Will the display of luxury brands become taboo among Chinese wealthiest class? Since August 17, the stock prices of LVMH, Kering and...
By the end of 2021, the offerings of all Sephora‘s Chinese stores will be available online, both on the JD.com platforms and...
At the end of August 2021, Thailand’s largest retailer by sales Central Retail acquired a majority stake in the property-owner company Siam...
Asia, World news - August 2021
Forever 21 is back in China
The U.S. label specialized in teen fashion, which was acquired last year by property-owners Simon Property, Brookfield and Authentic Brands in an...
After leaving China in 2019, Carrefour will put its activities in Taiwan up for sale in early September 2021 for €1.6 billion, revealed Reuters, citing three...
In Asia, where e-commerce is dominated by marketplaces unlike Europe, the YesAsia marketplace is preparing an I.P.O. in Hong Kong, planning to...
