China Archives - Page 3 of 16 - Inside Retail Philippines
Hermes International reports solid first-quarter sales with China again a hero.
SM Prime Holdings is earmarking PHP80 billion (US$1.5 billion) this year for expansion.
In an era when branding has never seemed so important, the enduring success of Japan’s Muji might seem perplexing to many.
Nearly half of online shoppers in Asia are dissatisfied with the experience, according to the latest UPS Pulse of the Online Shopper study.
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.