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Friday, August 28, 2015 - 06:00
The Sydney Morning Herald Online
Billabong International is counting on cost savings, fresher stores and new supply chain, ordering and e-commerce systems to boost earnings this year after reversing sliding sales in key brands to deliver its first profit in four years. Chief executive Neil Fiske says the surf, ski and skate-wear company, which came close to collapse in 2013, is making "good progress" against a seven-point, multi-year turnaround plan, reporting a AUD4.2 million (USD3m) net profit and the first growth in underlying earnings in seven years. However, Mr Fiske warned of challenges in 2016 as the sharp...
2015-08-28 06:00
The ANZ-Roy Morgan Vietnam Consumer Confidence Index slid 4.9 points to 133.7 in August over July, caused by weaker sentiment across all components in a monthly survey. This month's figure was 1.8...
US department store chain Macy's is going to start selling in China late this year through an...
2015-08-28 06:30
Retail group F J Benjamin's net loss for the financial year ended 30 June narrowed from SGD22.1 million to SGD16.99 million (USD12.1m). Revenue slid 20 percent year on year to SGD293.41 million amid...
Rakuten, Inc. on Thursday launched "Rakuten Delivery Takeout", a new service on the...
2015-08-25 06:30
It's been a tough week for Wall Street, but there is a silver lining. Market analyst Jon Najarian pointed out that Signet Jewelers has seen a spike in the last five days of trade, rising 1.05 percent...
Krispy Kreme has signed a development agreement with Doughnut Group Pte. Limited, to open 10 Krispy...
2015-08-27 06:00
The Ho Chi Minh (HCM) City Department of Industry and Trade will launch its first online shopping day on Saturday on the website khuyenmaitructuyenhcm.gov.vn in an aim to enhance trust among...
As part of our ongoing Retail in Asia Thought Leadership programme, we teamed up with Checkpoint...
2015-08-28 06:00
Apparel retailer Gap Inc said it would end on-call shifts at all of its stores and improve scheduling policies to provide employees with at least 10-14 days' notice. The decision follows an inquiry...
Not just any old Tom, Dick or Harry can run a socks and jocks shop like Pacific Brands. Which is...

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