Latest International News - Inside Retail Philippines
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.
World’s largest retailer comes in ahead of market, despite margin pressures.
Chanel is about to release its first full-fledged winter-sports clothing line, Coco Neige (Coco snow).
E-commerce giant reportedly interested in 350-store chain.
Nestle is to pay US$7.1 billion for global Starbucks rights outside the chain’s cafes.
Tapestry sales are on track to ensure the company will fulfil its ambition of becoming a strong luxury lifestyle company.
US-based sportswear brand Under Armour has unveiled better than expected first quarter revenue growth of 6 per cent.
A planned merger of Asda and Sainsbury’s will lead to the closure of up to 75 stores, says GlobalData Retail analyst.
Apple sales data shows tech giant “remains a phenomenal company, but it needs to regain the magic spark”.
Gap is ramping up its roll-out of Old Navy stores as the budget brand drives growth for the embattled US apparel giant.
Kering sales rocketed 36.5 per cent in the first quarter of this year, reaching €3.108 billion.
Primark sales and profits are on the rise as the UK-headquartered fast-fashion retailer shrugged off a chilly northern winter.