Business
Apple to shutter a retail store in China for the first time ever
Apple is closing a retail store in China for the first time, marking a notable retreat in a market where the iPhone maker is striving to…
Tag
Retail
Business
Jane Street to argue that retail demand drove its India trades
Jane Street Group is expected to argue that its controversial Indian options trades were a response to outsized demand from retail…
Business
McDonald’s to sell eight Hong Kong retail spaces valued at HK$1.2 billion: JLL
The sale of the eight retail properties is offered through a public tender that ends on Sep 16 McDonald’s is planning to sell eight prime…
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Frasers Centrepoint Trust retail portfolio occupancy hits 99.9% in Q3
Committed occupancy in the retail portfolio of Frasers Centrepoint Trust (FCT) reached 99.9 per cent in the third quarter ended Jun 30,…
Business
DFI Retail Group jumps 12.7% to three-year high on H1 profit growth
Shares of DFI Retail Group climbed in early trade on Wednesday (Jul 23) morning, after the supermarket and retail store operator posted…
Business
Stocks to watch: SIA Engineering, SingPost, DFI Retail Group, Aztech Global, HPH Trust
The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 23): SIA Engineering: The…
Business
DFI Retail Group posts 38.9% rise in H1 underlying profit
Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended…
Business
DFI Retail Group posts 38.9% rise in H1 underlying profit, pays special dividend of US$0.443 a share
Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended…
Business
Stocks to watch: Singtel, CapitaLand Investment, GHY Culture, Dasin Retail Trust
The following companies saw new developments that may affect trading of their securities on Tuesday (Jul 22): Singtel: Its wholly owned…
Business
Dasin Retail Trust suspends trading amid financial reporting challenges
Trading in the units of Dasin Retail Trust has been suspended on the Singapore Exchange. This comes as the business trust is unable to…
Business
LuisaViaRoma’s CEO Discusses Business Retooling Strategy, Milan Unit Closure
MILAN — Fashion retailers aren’t immune to the havoc being wrought by the current macroeconomic headwinds and LuisaViaRoma, among them, is…
Business
US: S&P 500, Nasdaq end at record highs after solid retail data
Wall Street stocks rose to fresh record highs on Thursday (Jul 16) as markets focused on solid US retail sales data and corporate earnings…
Business
Galeries Lafayette Reshuffles Management Ranks
PARIS – Galeries Lafayette continues to reshuffle its management ranks in the wake of the death of matriarch Ginette Moulin. Following the…
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Tone, the Personal Care Brand Founded by Six Twitch Streamers, Is Entering Target
Is the era of Twitch streamer-founded beauty brands upon us? If the breakout success of Tone, a unisex personal care brand launched in…
Business
Berlin Retailer Solebox Brings Zellerfeld’s 3D-Printed Shoe Experience In-Store
Zellerfeld is bringing its 3D-printed footwear experience in-store with a brand-new partnership with Berlin-based sneaker and streetwear…
Business
No compulsory financial advice needed for most retail investors under proposed MAS changes
Retail investors may soon be able to invest in products that are deemed complex without seeking the now-mandatory financial advice, even…
Lifestyle
EXCLUSIVE: Sakara Enters Credo Beauty With New Gut and Skin Health Supplement, Doubling Down on Both Beauty and Wellness
Sakara is headed to Credo Beauty with its supplement line. On Monday, the company, known for its meal delivery service and line of…
Business
Despite softer retail outlook, most S-Reits with Singapore retail assets record double-digit positive rent reversions
Seven Singapore-listed real estate investment trusts (S-Reits) with local retail assets have recorded improvements in revenue and net…
Business
BlackRock launches absolute return hedge fund for retail investors in Singapore and Hong Kong
BlackRock has launched an Asia-Pacific-focused hedge fund for retail investors in Singapore and Hong Kong, the world’s largest asset…
Business
Maybank downgrades Thai retail sector on weak sales, consumption
Maybank Investment Bank has downgraded Thailand’s retail sector to “neutral” amid weak consumption and falling same store sales growth…
Business
CapitaLand China Trust to divest retail property for 748 million yuan
CapitaLand China Trust (CLCT), a CapitaLand Investment subsidiary, is set to raise up to 748 million yuan (S$134.9 million) through the…
Business
DBS raises DFI Retail Group Holding’s target price, citing strong potential to grow earnings
DBS bank on Monday (Jun 9) raised its target price for DFI Retail Group from US$3 to US$3.60 and maintained its “buy” rating, citing a…
Business
BNP to cut 200 branches by end of 2026 to kick off retail revamp
BNP Paribas chief executive officer Jean-Laurent Bonnafe plans to cut hundreds of domestic retail branches in an effort to lift…
Unsorted
The DOJ’s Apple Ruling Could Spark the Super App Revolution and Redefine Retail
In March 2024, the Department of Justice filed a case against Apple — accusing the tech giant of monopoly practices. This May, a federal…