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Chinese consumers are more inclined to purchase apparel and footwear online, a Euromonitor International study showed yesterday.
Hong Kong fashion group Bauhaus International reported same-store sales dropped 13% year-on-year for its first quarter, ended June 30.
Japanese retail group Aeon reported a net loss of 6.2 billion yen ( $61.2 million) for the first quarter ended May 31. The result marked the first red ink for this three-month period in seven years. Aeon had posted a 5 billion yen profit a year earlier.
Property giant SM Prime Holdings has unveiled S Maison at the heart of the Mall of Asia complex.
Italian designer brand Valentino has opened its first flagship store for Japan in Tokyo.
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