Latest International News - Inside Retail Philippines
Airport retailing – already a US$38 billion category – is set to grow by 27 per cent within four years according to research by GlobalData.
L1 Retail, an investment company owned by Russian billionaire Mikhail Fridman, has won a bidding battle for health retailer Holland & Barrett.
Sears Canada has filed for creditor protection – but says it will emerge as a going concern after a restructure.
Exercise apparel brand Lululemon Athletica has bought a stake in cycling apparel brand 7mesh.
The newly opened Stella McCartney Florence store marks the brand’s third location in Italy.
Yves Saint Laurent sales will nearly double within five years says CEO and president Francesca Bellettini.
North America’s largest pure-play children’s specialty apparel retailer The Children’s Place is to roll out stores across Southeast Asia.
Walmart has snapped up menswear retailer Bonobos for $310 million in cash.
The Estee Lauder Victoria Beckham line is being expanded, with the launch announced for September.
Amazon’s US$13.7 billion bid for Whole Foods, the up-scale US grocer, “makes sense, but doesn’t come without risks”.
Yet another US retail chain has collapsed, placed in bankruptcy protection while it tries to chart a course to recovery.
Inditex sales measured in constant-currency terms increased by 12.5 per cent in the three months ended June 3.