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Michael Kors to open more than 100 stores in China within 3-5 years

Friday, May 18, 2012 - 06:30

Source: Shanghai Daily

Michael Kors has become the second brand to announce it will open a flagship store in the new Jing An Kerry Centre luxury shopping mall in Shanghai, after UK brand Paul Smith said earlier this week that it will return to China's mainland. The US luxury apparel and accessories company, which is still virtually unknown in China, plans to open 15 stores by the end of the year and more than 100 within three to five years.

In Markets

NZ 1Q retail sales fall as World Cup boost wanes

2012-05-18 06:40

Retail sales in New Zealand fell in the first quarter from a quarter earlier, following strong sales in the second half of 2011 when a large number of international visitors came for the Rugby World...

Stats: Latest HK's weekly National FootFall Index up from previous week, Experian FootFall

Experian FootFall has released the latest National FootFall Index (week 19, 7 May 2012)...

In Retail

Limited Brands 1Q profit beats, shares fall on view

2012-05-18 06:30

Limited Brands Inc, parent of the Victoria's Secret lingerie store chain, posted a quarterly profit that topped Wall Street's view but its shares fell 3.5 percent after its forecast for the current...

Jollibee forges Singapore restaurant JV

Jollibee Foods Corporation, (JFC) through wholly-owned unit Golden Plate Pte. Ltd., has entered...

In Sectors

Langham pays tribute to its 147th year of afternoon tea heritage with book

2012-05-18 06:30

International luxury hotel operator, Langham Hospitality Group celebrates the 147th birthday of its flagship hotel, The Langham, London, with Once Upon A Tea Time - an enchanting story book that...

Interview: Our brand image in apparel is rubbing off on our other businesses, says Arvind's CMD

Ahmedabad-based textile conglomerate Arvind Ltd, a major denim maker, is now looking to leverage...

In Tech

Honda unveils personal mobility device

2012-05-18 06:30

Honda Motor Co. on Tuesday unveiled a new electric personal mobility device in which speed and direction are controlled by the driver shifting his or her weight. The saddle-style UNI-CUB prototype,...

Online retailer My-wardrobe to open Asian doors

Consumer comfort, social media and mobile devices lie at the heart of online retailer My-wardrobe's...

In Careers

Billabong founder sacked former CEO

2012-05-18 06:30

Billabong founder and major shareholder Gordon Merchant has publicly backed, for the first time, the appointment of Launa Inman as the new CEO of the struggling surfwear group. Merchant told...