Couche-Tard completes acquisition of Convenience Retail Asia
North American convenience store operator Alimentation Couche-Tard has completed the acquisition of Convenience Retail Asia (CRA).
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Couche-Tard to buy Hong Kong C-Store network for $360m
Canadian convenience store operator Alimentation Couche-Tard has agreed to acquire Convenience Retail Asia’s (CRA) Hong Kong unit for HK$2.79bn ($359.80m).
JD.com’s online health care subsidiary files for IPO in Hong Kong
JD Health, the health care subsidiary of Chinese e-commerce firm JD.com, has filed for an initial public offering (IPO) to…
Coronavirus to wipe $9bn off the global duty-free market
GlobalData expects coronavirus (2019-nCoV) to wipe $9bn off the global duty-free market in 2020, equivalent to a 12.4% fall versus…
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Hong Kong retailer Sa Sa to shut 21 stores
Hong Kong cosmetics retailer Sa Sa has announced plans to close 21 stores in the city and Macau.
TWIST to sell its fashion products on Reebonz online platform
Online luxury platform Reebonz has officially partnered with Hong Kong’s multi-brand luxury fashion boutique, TWIST.
Fortnum & Mason announces sales rise of 12% to £138m for FY2018/19
UK department store Fortnum & Mason has reported a sales rise of 12% to £138m and a 26% profit rise…
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Alibaba’s Singles Day 2019 breaks record sales of over $38bn
Chinese e-commerce giant Alibaba Group has recorded sales of US$38.4bn for its 24-hour Singles Day 2019 shopping event
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