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12.01.26 - 01:36
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Foreign, Hong Kong retailers close stores in mainland China amid changing dynamics (SCMP)
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Mainland China's retail and retail property sectors have suffered another blow amid a fresh wave of store closures by foreign and Hong Kong brands.
“The series of closures come as a combined result of their outdated business models and profound changes in the macroeconomic environment,” said Wang Tianshi, an analyst at Shanghai-based LeadLeo Research Institute.
“Compared with emerging mainland retailers, Hong Kong and foreign brands often remain under a 'selling on the mainland' phase, rather......
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11.01.26 - 23:54
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Indonesia Retail Sales Data Due On Monday (AFX)
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CANBERA (dpa-AFX) - Indonesia will on Monday release November numbers for retail sales, highlighting a light day for Asia-Pacific economic activity. In October, sales were up 4.3 percent on year.A......
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09.01.26 - 19:36
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Krisenkonzern Baywa trennt sich von neuem Chef (DPA-AFX)
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MÜNCHEN (dpa-AFX) - Der hoch verschuldete Münchner Mischkonzern BayWa trennt sich wegen interner Querelen von seinem vor weniger als einem Jahr berufenen Vorstandschef Frank Hiller. Der Manager wird das Unternehmen "einvernehmlich" ......
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