Latest International News - Inside Retail Philippines

Mothercare-babies

Mothercare to shutter stores in survival bid

Embattled UK baby goods retailer Mothercare is to close 50 stores and seek rent reductions on a further 21 as part of a plan to stay viable.

Walmart bag

Walmart boosted by new website

World’s largest retailer comes in ahead of market, despite margin pressures.

Coco Neige

Chanel to channel winter with Coco Neige

Chanel is about to release its first full-fledged winter-sports clothing line, Coco Neige (Coco snow).

Waitrose-store

Amazon looks to UK grocery acquisition, reports

E-commerce giant reportedly interested in 350-store chain.

Starbucks_CPG_(1)

Nestle to pay US$7.1 billion for global Starbucks rights

Nestle is to pay US$7.1 billion for global Starbucks rights outside the chain’s cafes.

Coach_Fifth_Ave_storefront-corner

Tapestry sales strong as company repositions

Tapestry sales are on track to ensure the company will fulfil its ambition of becoming a strong luxury lifestyle company.

Kuala Lumpur, Malaysia -  January 29, 2017: Under Armour, American Sports Clothing And Accessories C

Asia Pacific strongest market for struggling Under Armour

US-based sportswear brand Under Armour has unveiled better than expected first quarter revenue growth of 6 per cent.

UK-supermarket-Asda

Asda and Sainsbury’s merger plan will lead to store closures

A planned merger of Asda and Sainsbury’s will lead to the closure of up to 75 stores, says GlobalData Retail analyst.

HONG KONG - CIRCA SEPTEMBER, 2016: inside of Apple store. Apple Store is a chain of retail stores ow

Apple sales figures shade iPhone challenges

Apple sales data shows tech giant “remains a phenomenal company, but it needs to regain the magic spark”.

Old-Navy-USA

Gap looks to Old Navy for growth

Gap is ramping up its roll-out of Old Navy stores as the budget brand drives growth for the embattled US apparel giant.

Gucci

Gucci drives massive quarter for Kering sales

Kering sales rocketed 36.5 per cent in the first quarter of this year, reaching €3.108 billion.

Primark

Primark sales and profits rise despite chilly winter

Primark sales and profits are on the rise as the UK-headquartered fast-fashion retailer shrugged off a chilly northern winter.

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