Retail Intelligence

Reading the flow of global retail
from the ground

Not news that's consumed and forgotten —
deep, considered analysis across General and Travel Retail
to help you understand where the market is headed.

Latest Stories

Jewelry Outshone Bags — Richemont's April–June 2026 Sales Grew 20%, Korea Unit Tops ₩2 Trillion in Annual Revenue for the First Time
General Retail · Fashion & Luxury
Today · Korea

Jewelry Outshone Bags — Richemont's April–June 2026 Sales Grew 20%, Korea Unit Tops ₩2 Trillion in Annual Revenue for the First Time

Louis Vuitton Hit a Record, Dior's Operating Profit Fell 59% in Two Years — Too Early to Pin It on a 'Trust Crisis' Alone
General Retail · Fashion & Luxury
Today · Korea

Louis Vuitton Hit a Record, Dior's Operating Profit Fell 59% in Two Years — Too Early to Pin It on a 'Trust Crisis' Alone

Record Revenue, Yet Closing Downtown Duty-Free — Why Louis Vuitton Korea Is Moving to Department Stores and Airports
General Retail · Fashion & Luxury
Today · Korea

Record Revenue, Yet Closing Downtown Duty-Free — Why Louis Vuitton Korea Is Moving to Department Stores and Airports

Back to Growth After 7 Quarters — Has Louis Vuitton's LVMH Division Bottomed Out?
General Retail · Fashion & Luxury
Today · Global

Back to Growth After 7 Quarters — Has Louis Vuitton's LVMH Division Bottomed Out?

41% Margin vs. 12.8% — How Luxury's Big Four Diverged: LVMH, Kering, Hermès, Chanel Over Three Years
General Retail · Fashion & Luxury
1 day ago · Global

41% Margin vs. 12.8% — How Luxury's Big Four Diverged: LVMH, Kering, Hermès, Chanel Over Three Years

Gucci Is Struggling, But This Division Is Smiling — The Secret Behind Eyewear's 23% Margin
General Retail · Sunglasses & Eyewear
1 day ago · Global

Gucci Is Struggling, But This Division Is Smiling — The Secret Behind Eyewear's 23% Margin

From a High Schooler's Shoe-Photo Forum to a KRW 10 Trillion Unicorn — A Deep Dive Into Musinsa
General Retail · Fashion & Luxury
2 days ago · Korea

From a High Schooler's Shoe-Photo Forum to a KRW 10 Trillion Unicorn — A Deep Dive Into Musinsa

Operating Profit Jumped 525% — So Why Is It an "Earnings Shock"? The Illusion Inside 8 Korean Fashion Giants' H1 Results
General Retail · Fashion & Luxury
2 days ago · Korea

Operating Profit Jumped 525% — So Why Is It an "Earnings Shock"? The Illusion Inside 8 Korean Fashion Giants' H1 Results

APR Is Flying, LG H&H Is Pivoting, Cellreturn Has Collapsed — The Three Faces of the Beauty Device Market
General Retail · Cosmetics & Perfumes
4 days ago · Korea

APR Is Flying, LG H&H Is Pivoting, Cellreturn Has Collapsed — The Three Faces of the Beauty Device Market

K-Beauty's Growth Formula Just Flipped — APR's Asia Revenue Grew 14.5% While Europe Grew 380%
General Retail · Cosmetics & Perfumes
4 days ago · Global

K-Beauty's Growth Formula Just Flipped — APR's Asia Revenue Grew 14.5% While Europe Grew 380%

Six Straight Profitable Quarters — But Dawn Delivery Isn't What Saved Kurly
General Retail · General
4 days ago · Korea

Six Straight Profitable Quarters — But Dawn Delivery Isn't What Saved Kurly

Korea's Health Supplement Market Has Been Flat for Three Years — Yet Manufacturers Just Posted Record Results
Insights
5 days ago · Global

Korea's Health Supplement Market Has Been Flat for Three Years — Yet Manufacturers Just Posted Record Results

Shinsegae's Revenue Is Double, But Lotte Makes More Profit — The Secret Behind Korea's Department Store Margins
General Retail · General
5 days ago · Korea

Shinsegae's Revenue Is Double, But Lotte Makes More Profit — The Secret Behind Korea's Department Store Margins

The Company That Invented Downtown Duty Free Is Leaving — DFS's 66-Year Rise and Fall, and LVMH's Real Calculation
Insights
6 days ago · Global

The Company That Invented Downtown Duty Free Is Leaving — DFS's 66-Year Rise and Fall, and LVMH's Real Calculation

Adjusted EPS Up 19%, Guidance Raised — Yet the Stock Fell 9.6%. What Walmart's Tariff Refund Was Hiding
General Retail · General
6 days ago · Global

Adjusted EPS Up 19%, Guidance Raised — Yet the Stock Fell 9.6%. What Walmart's Tariff Refund Was Hiding

Sales Beat Estimates by 6.7%, But the Stock Sank — What Coty's Earnings Are Hiding
General Retail · Cosmetics & Perfumes
6 days ago · Global

Sales Beat Estimates by 6.7%, But the Stock Sank — What Coty's Earnings Are Hiding

Adjusted EPS Up 66%, a Fourth Straight Beat — Estée Lauder Smiled in Hainan Before L'Oréal Did
General Retail · Cosmetics & Perfumes
1 weeks ago · Global

Adjusted EPS Up 66%, a Fourth Straight Beat — Estée Lauder Smiled in Hainan Before L'Oréal Did

Duty-Free Domestic Sales Down 12%, Department Store Foreign Sales Up Triple Digits — the Gap the Exchange Rate Opened
General Retail · General
1 weeks ago · Korea

Duty-Free Domestic Sales Down 12%, Department Store Foreign Sales Up Triple Digits — the Gap the Exchange Rate Opened

Diageo -2%, Pernod Ricard -4.4% — Both Declined, But for Opposite Reasons
General Retail · Spirits & Wine
1 weeks ago · Global

Diageo -2%, Pernod Ricard -4.4% — Both Declined, But for Opposite Reasons

Lotte Won on Revenue, Shilla Won on Profit — Why the Company That Left Incheon Airport Came Out Ahead
Travel Retail · Korea
1 weeks ago · Korea

Lotte Won on Revenue, Shilla Won on Profit — Why the Company That Left Incheon Airport Came Out Ahead

Lotte Duty Free Cut Revenue to Build a Profit, Then Grew Revenue Again and Kept It — Six Quarters, Two Different Turnarounds
Travel Retail · Korea
1 weeks ago · Korea

Lotte Duty Free Cut Revenue to Build a Profit, Then Grew Revenue Again and Kept It — Six Quarters, Two Different Turnarounds

K-Beauty's Big Players Rebounded in Q2 2026, Too — But Dermocosmetics Still Grew Faster
General Retail · Cosmetics & Perfumes
1 weeks ago · Korea

K-Beauty's Big Players Rebounded in Q2 2026, Too — But Dermocosmetics Still Grew Faster

North America Flat, Asia-Pacific +44% — the Real Reason Avolta Held on to World No. 1 for a Third Straight Year
Travel Retail · Global
2 weeks ago · Global

North America Flat, Asia-Pacific +44% — the Real Reason Avolta Held on to World No. 1 for a Third Straight Year

Record Department Stores, Four Straight Quarters of Duty-Free Profit — So Why Did Operating Profit Fall?
General Retail · General
2 weeks ago · Global

Record Department Stores, Four Straight Quarters of Duty-Free Profit — So Why Did Operating Profit Fall?

Record Profits, Last-Place Growth — What L'Oréal's Best-Ever Half Is Hiding in Luxe
General Retail · Cosmetics & Perfumes
3 weeks ago · Global

Record Profits, Last-Place Growth — What L'Oréal's Best-Ever Half Is Hiding in Luxe

The Illusion of '+7.3%' — Department Stores Sprint While Homeplus Gets Sold Off
General Retail · General
4 weeks ago · Korea

The Illusion of '+7.3%' — Department Stores Sprint While Homeplus Gets Sold Off

Foreigners Just Overtook Koreans — The Two Charts Hiding Inside Duty-Free's H1 Wrap-Up
Travel Retail · Korea
4 weeks ago · Korea

Foreigners Just Overtook Koreans — The Two Charts Hiding Inside Duty-Free's H1 Wrap-Up

Same Prescription, Different Results — How LG H&H and Amorepacific Handled Duty-Free Retreat
General Retail · Cosmetics & Perfumes
4 weeks ago · Korea

Same Prescription, Different Results — How LG H&H and Amorepacific Handled Duty-Free Retreat

Duty-Free Whisky Sales Are Down Too — But for a Completely Different Reason
General Retail · Spirits & Wine
1 months ago · Korea

Duty-Free Whisky Sales Are Down Too — But for a Completely Different Reason

Record Quarter, Missed Consensus — PharmaResearch's Split-Personality Q1
General Retail · Cosmetics & Perfumes
1 months ago · Korea

Record Quarter, Missed Consensus — PharmaResearch's Split-Personality Q1

Revenue Was Overseas, Profit Was Domestic in Q1 — Q2 Flipped It Exactly
General Retail · Cosmetics & Perfumes
1 months ago · Korea

Revenue Was Overseas, Profit Was Domestic in Q1 — Q2 Flipped It Exactly

A Curator Brought In a Curator — Heinemann's Real Bet at Sydney Airport
Travel Retail · Asia Pacific
1 months ago · Korea

A Curator Brought In a Curator — Heinemann's Real Bet at Sydney Airport

Walmart Tripped Over ChatGPT Checkout — Lotte Duty Free Was Never Going to Stand There
Travel Retail · Korea
1 months ago · Korea

Walmart Tripped Over ChatGPT Checkout — Lotte Duty Free Was Never Going to Stand There

Net Profit Up 19.9% — So Why Is CTGDF's H1 Report a Red Flag?
Travel Retail · China
1 months ago · Korea

Net Profit Up 19.9% — So Why Is CTGDF's H1 Report a Red Flag?

"Duty-Free" Doesn't Sell Itself Anymore — What Changi Airport Is Really Selling Is Exclusivity
Travel Retail · Asia Pacific
1 months ago · Korea

"Duty-Free" Doesn't Sell Itself Anymore — What Changi Airport Is Really Selling Is Exclusivity

Average Spend Collapsed, Yet All Four Turned a Profit — Duty-Free's Newly Manufactured VIP
Travel Retail · Korea
1 months ago · Korea

Average Spend Collapsed, Yet All Four Turned a Profit — Duty-Free's Newly Manufactured VIP

What a 3x Conversion Gap Reveals — Walmart's ChatGPT Experiment and Emart's Next Move
Insights
1 months ago · Global

What a 3x Conversion Gap Reveals — Walmart's ChatGPT Experiment and Emart's Next Move

It Didn't Downgrade the Brand — It Changed the Store: Aldi's Momentum Is Shaking Even High Earners
Insights
1 months ago · Global

It Didn't Downgrade the Brand — It Changed the Store: Aldi's Momentum Is Shaking Even High Earners

Gave Up Cosmetics, Doubled Down on Keyring Shops — Shinsegae Duty Free Reshuffles Incheon Airport
Travel Retail · Korea
1 months ago · Korea

Gave Up Cosmetics, Doubled Down on Keyring Shops — Shinsegae Duty Free Reshuffles Incheon Airport

[Where Foreign Tourists Flock in K-Beauty, Part 2] Dermatology Already Has a Playbook — Duty-Free Hasn't Used It Yet
Insights
1 months ago · Global

[Where Foreign Tourists Flock in K-Beauty, Part 2] Dermatology Already Has a Playbook — Duty-Free Hasn't Used It Yet

[K-Beauty Hotspots, Part 1] The K-Pharmacy Tour Is Booming. The Law Just Moved the Other Way
Insights
1 months ago · Global

[K-Beauty Hotspots, Part 1] The K-Pharmacy Tour Is Booming. The Law Just Moved the Other Way

Duty-Free Exchanges No Longer Require Leaving the Country — But There's No System to Manage Them
Insights
1 months ago · Global

Duty-Free Exchanges No Longer Require Leaving the Country — But There's No System to Manage Them

The EU Tariff Meant to Rein In Shein and Temu Ended Up Boosting Them
General Retail · General
1 months ago · Global

The EU Tariff Meant to Rein In Shein and Temu Ended Up Boosting Them

Visitors Up 131%, Sales Flat — Duty Free's Real Problem
Travel Retail · Korea
1 months ago · Korea

Visitors Up 131%, Sales Flat — Duty Free's Real Problem

Department Stores Fight Back Online — and Price Isn't the Weapon
General Retail · General
1 months ago · Global

Department Stores Fight Back Online — and Price Isn't the Weapon

Gen Z Browses. Millennials Buy.
Travel Retail · Global
1 months ago · Korea

Gen Z Browses. Millennials Buy.

Whisky Goes Luxury: The Signal Suntory Just Sent From Paris Airport
Travel Retail · Europe
1 months ago · Korea

Whisky Goes Luxury: The Signal Suntory Just Sent From Paris Airport

Duty-Free at Sea: Cruise Retail Becomes Travel Retail's Third Pillar
Travel Retail · Global
1 months ago · Korea

Duty-Free at Sea: Cruise Retail Becomes Travel Retail's Third Pillar

Qatar vs. Dubai: The Opening Act of the Middle East Travel Retail Hub War
Travel Retail · Middle East & Africa
1 months ago · Korea

Qatar vs. Dubai: The Opening Act of the Middle East Travel Retail Hub War

Daiso Is Swallowing Beauty and Living With the Grammar of Rock-Bottom Pricing
General Retail · General
1 months ago · Global

Daiso Is Swallowing Beauty and Living With the Grammar of Rock-Bottom Pricing

Changi T5 Is Rewriting the Grammar of Airport Retail
Travel Retail · Asia Pacific
1 months ago · Korea

Changi T5 Is Rewriting the Grammar of Airport Retail

Incheon T2's Experiment: A Food Court Next Door to Louis Vuitton
Travel Retail · Korea
1 months ago · Korea

Incheon T2's Experiment: A Food Court Next Door to Louis Vuitton