China Archives - Page 3 of 16 - Inside Retail Philippines
Singapore-based lifestyle marketplace Zilingo has raised US$54 million in series-C funding, taking its total capital raised to $82 million.
Hermes Asia sales grew 11.3 per cent last year toUS$2.4 billion as the luxury retailer set a new record for gross retail margin.
Samsonite Asia sales lept 16 per cent last year, driven by the acquisition of Tumi.
Poor trading by Dairy Farm International’s Southeast Asian grocery business hit the company’s bottom line last year.
SM Prime Holdings expects capital expenditure to reach about PHP75 billion (US$1.4 billion) this year – up 15 per cent.
Shoppers in emerging economies want a more luxury, personalised shopping service via mobile, Worldpay research reveals.
Consumers will spend more than US$3.3 trillion this year on remote payments for purchases, says Juniper Research.
Hermes international sales showed strong growth last year, pushed by an upward curve in Asia.
Tiffany holiday season sales surged 16 per cent in Asia-Pacific.
An upward trend for Hugo Boss China contributed to positive final-quarter sales growth for the German luxury fashion house.
Chinese tech accessory brand Baseus has opened its first flagship store in the Philippines.
Alipay has launched its latest Double 12 Global Shopping Festival in 15 countries spanning four continents.