Retail Industry
The Latest
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AS Watson Group Expands Mask Production To Meet Surging Demand
AS Watson Group expects to produce up to 10 million masks per month through its retooled water processing facility in northeastern Hong Kong. 
AS Watson Group expects to produce up to 10 million masks per month through its retooled water processing facility in northeastern Hong Kong. -
J Crew Files For Bankruptcy Protection Amid Continued Store Closures
J Crew expressed its commitment to pay off its debts, come out of bankruptcy, and return to profitability. 
J Crew expressed its commitment to pay off its debts, come out of bankruptcy, and return to profitability. -
JD.com Files Secondary Listing In Hong Kong, Sources Say
JD.com had reportedly already submitted a confidential filing with the Hong Kong Stock Exchange for its secondary listing. 
JD.com had reportedly already submitted a confidential filing with the Hong Kong Stock Exchange for its secondary listing. -
Esprit Group To Close Down All Asian Outlets Outside Of Mainland China
Esprit will be closing around 56 retail stores in total as part of its restructuring strategy to better cope with the ongoing crisis. 
Esprit will be closing around 56 retail stores in total as part of its restructuring strategy to better cope with the ongoing crisis. -
Walmart Ordered To Shutdown Colorado Store After Employee Dies From Covid-19
The closure order was given to a Walmart supercenter in Colorado after an employee, her husband, and a company contractor had died because of the virus. 
The closure order was given to a Walmart supercenter in Colorado after an employee, her husband, and a company contractor had died because of the virus. -
US Furniture Retailer Wayfair Reports Massive Surge In Sales
Share prices of online retailer Wayfair surged by more than 37 percent after it reported a massive increase in sales over the past couple of months. 
Share prices of online retailer Wayfair surged by more than 37 percent after it reported a massive increase in sales over the past couple of months. -
Kroger Reports 30 Percent Sales Surge, Takes Out $1 Billion Loan
Kroger reported a massive 30 percent surge in sales last month as people flock to its offline and online outlets to stock up on essentials goods. 
Kroger reported a massive 30 percent surge in sales last month as people flock to its offline and online outlets to stock up on essentials goods. -
Pinduoduo Raises $1.1 Billion In Private Share Placement
Pinduoduo issued new Class A ordinary shares during a private share placement, raising more than $1.1 billion in new capital. 
Pinduoduo issued new Class A ordinary shares during a private share placement, raising more than $1.1 billion in new capital. -
Nike Shares Rally As Fiscal Third-Quarter Sales Beat Top Estimates
The increase in Nike's digital sales managed to offset its poor business in China, which had been heavily affected by the coronavirus epidemic during the first two months of 2020. 
The increase in Nike's digital sales managed to offset its poor business in China, which had been heavily affected by the coronavirus epidemic during the first two months of 2020. -
Anta Sports Reports 30 Percent Jump In 2019 Net Profits
Anta Sports Products Limited reported record earnings and a massive jump in its net profits last year, thanks to the increasing popularity of its Fila and Anta brands. 
Anta Sports Products Limited reported record earnings and a massive jump in its net profits last year, thanks to the increasing popularity of its Fila and Anta brands.
