Stores

Lotte wins bid to operate in Australia's Melbourne Airport

Lotte Duty Free will open a duty-free store in the airport on 1 June.

Thom Browne to operate Korean business directly

A new company, Thom Browne Korea, will be formed.

Weekly News Wrap: Luxury giants bank on Chinese return; Apple starts hiring in Malaysia retail bid

And a Japanese whaling firm pins hopes on an ‘unmanned store’ to revive sales.

Steady global investor interest boosts India’s retail sector: report

The sector enjoyed robust growth from improved consumer confidence.

Australia’s retail sales slip nearly 4% in December

This breaks 11 consecutive months of growth. 

Reliance Retail enters Indian footwear market with V Retail acquisition

V Retail operates 32 stores under the Center Style brand.

Beijing's retail market shows signs of steady development

Retail supply rose 16% in 2022 compared to last year.

BigBasket expected to expand customer base in offline entry

Consumers in India have continued to opt for offline stores.

LVMH profit up 23% YoY to $22.9b in 2022

Its revenue also hit a record EUR79.2b as its market in Asia remains stable.

Reliance Retail acquires footwear firm V Retail

Reliance Retail’s net profit in Q3 FY2023 jumped 6.2%.

Reliance Retail posts 6.2% net profit growth in Q3 FY2023

Its net profit stood at INR2,400 crore during the quarter. 

Essential goods expected to lead China's retail sales recovery

The sales of non-essential goods are expected to show slower growth.