American light luxury brand Michael Kors has invested USD500 million in the acquisition of Michael Kors (HK) Limited, the exclusive licensee of Michael Kors in China and certain other regions in Asia.
Is it becoming more difficult to be a retailer in China? Aeon's latest financial report shows a profit drop attributed to higher costs in opening new stores.
Japanese food giant Calbee thinks the Chinese retail market is too big to ignore, so it's adjusting its investment strategy to return to the Middle Kingdom with a new joint venture.
International luxury brand Louis Vuitton officially confirmed that the company will close two stores located in Shanghai and Shanxi, respectively, by the end of March 2016.
The world's leading cosmetics group L'Oreal officially announced plans to appoint Stephane Rinderknech as its new China chief executive officer.
The time-honored traditional Chinese medicine brand Tong Ren Tang says it accelerated its overseas expansion and opened nine new stores in the overseas market in 2015.
Florence-headquartered luxury shoe brand Aquazzura plans to open its first Asian store in Hong Kong at the end of 2016.
International sportswear provider Adidas announced that they will open their sixth Adidas Brand Center in the world in Hong Kong's Central district during the first half of 2016.
Hong Kong-based jewelry retailer Chow Tai Fook announced its semi-annual performance ended September 30, 2015, stating that the company realized net profit of HKD1.557 billion, a year-on-year decrease of 42.16%; and its earnings per share…
French leather product brand Perrin Paris opened its first store in Hong Kong.