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26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
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24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
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24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )

Retail Asia28/08/2018

At headline level, Gap’s second-quarter results look strong: Total group sales are up by 7.5 per cent, while US sales rose by 9.3 per cent. However, these gains are inflated by a change in the way revenue is recognised and when this is accounted for, sales increased by a more subdued 4 per cent. Growth […]

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Retail Asia27/08/2018

Following its acquisition by investment firm Sapinda earlier this February, the luxury underwear brand La Perla appointed Pascal Perrier as its new CEO. The company also promoted Alessandra Bertuzzi as head creative designer for the brand to take over Julia Haart. With over 30 years of experience in the luxury fashion sector, Sapinda Holding’s Chief Executive Lars Windhorst […]

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Retail Asia27/08/2018

House 99 by David Beckham, the global men’s grooming and skincare brand, has launched its first-ever pop-up store in Asia, in collaboration with Beauty&You – the new experiential retail concept by The Shilla Duty Free in the Hong Kong International Airport (HKIA). Following the brand’s HKIA debut in June, the barbershop-inspired concept – fronted by […]

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Retail Asia27/08/2018

Californian model Bella Hadid is the new face of True Religion Jeans. The popular supermodel’s signing marks a deliberate pitch by the denim brand to appeal to a younger consumer market as the brand continues to rebuild after a four-month spell in bankruptcy protection last year. Hadid “embodies all things True Religion, past, present and […]

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Retail Asia27/08/2018

Japanese apparel giant Fast Retailing is eyeing massive expansion in Asia-Pacific. The Uniqlo Southeast Asia and Oceania store network is set to double by 2022 to about 400 stores, Fast Retailing’s group senior VP Satoshi Hatase said in an interview. The company plans an emphasis on stand-alone suburban stores as it expands its Southeast Asian footprint, […]

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Retail Asia27/08/2018

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Vietnam operations continue to be at the bleeding edge of Parkson Retail Asia’s ongoing losses. The company’s full-year results show declining same-store sales in its department stores in all four markets, with Vietnam the worst performing market. Sales fell 14.6 per cent in the last quarter and by 8.3 per cent over the full year. […]

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Retail Asia27/08/2018

Beauty products retailer L’Occitane has opened a New York flagship on Fifth Avenue which it describes as “a unique immersive destination”. The 1870sqft store at 555 Fifth Avenue was designed by L’Occitane’s Daniel Contorni, international artistic director, and Paul Blackburn, VP concept design, construction & merchandising with the Hong Kong-listed, French-styled retailer. “To adapt to […]

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Retail Asia27/08/2018

Only two weeks after the official announcement of Anders Colding Friis’ resignation as Pandora’s CEO, the Danish jeweller seems to be on a roll to bring some changes to the company . The company tapped former Nike employee Geena Tok to head its business in China, where the Danish company has been challenged by a rise in sales […]

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Retail Asia27/08/2018

South Korea’s direct purchases from foreign countries continued to increase at a sharp pace in the first half of this year on rising consumer demand for cheaper and quality products, customs data showed. A total of US$1.32 billion worth of foreign goods was directly bought by South Korean shoppers via overseas Internet shopping malls in […]

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Retail Asia27/08/2018

Indian leather retailer Hidesign plans to open flagship stores at Singapore’s Changi airport and in Indonesia as it eyes an Asia-wide footprint. At home, Hidesign plans 12 new stores in the next two months in cities including Goa, Kolkata, Indore, Jaipur, Varanasi and Lucknow. The New Delhi-based company, which has been operating for 40 years, […]

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Retail Asia27/08/2018

Malaysian-headquartered apparel and homewares retailer Laura Ashley is selling its commercial property in Singapore against declining sales – but it remains positive about its regional prospects. The firm’s full year results announced a fall in profits from £8.4 million (US$10.8 million) last year to £5.6 million ($7.2 million) this year. Total sales for the group […]

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Retail Asia27/08/2018

Monica Vinader, founder of the namesake British jewellery brand, always said her goal was to become a £50 million ($64 million) business by 2019. Her unaudited sales for the financial year ending July 2018 were £43.2 million — or about $55.1 million — representing year-on-year growth of 21 percent. With plans to add to her […]

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Retail Asia25/08/2018

Alibaba Group has signed a deal with Zhoushan Free Trade Zone, in China’s eastern Zhejiang province, that speeds up the cosmetics certification in China for Tmall brands who want to import non special-use cosmetics. This agreement, signed between the Hangzhou-based e-commerce giant and two Zhoushan City government agencies, cuts the approval time down from a […]

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Retail Asia24/08/2018

Sa Sa International Holdings Limited announced its collaboration with Taobao Global to develop a complete loop retail ecosystem with the integration of online and offline platform with the goal to encourage local buyers to start selling as an important role in retail industry. This collaboration will enhance shopping experience for mainland Chinese customers. In celebration […]

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Retail Asia24/08/2018

Zara sister label Uterque has opened a flagship on Alibaba’s Tmall to build brand awareness in China’s premium fashion market. Uterque has yet to open any physical stores in China, but the company’s parent Inditex says China is definitely on the radar in the near future. According to Alibaba Group news site Alizila, Uterque will […]

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Retail Asia24/08/2018

South Korea’s leading cosmetics company Amorepacific is holding an outdoor public exhibition on Jeju Island until October 14, featuring natural aspects of Jeju, like its volcanic topography. Titled “apmap 2018 jeju — volcanic island,” the exhibition is part of the company’s “amorepacific museum of art project (apmap),” which portrays the natural vitality of Jeju through […]

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Retail Asia24/08/2018

Menswear retailer China Outfitters, which holds the Jeep license on the mainland, has boosted sales and profits in the first half year. While same-store sales in its own store network – which now numbers 564 – slipped by 3 per cent, online sales through Tmall and other platforms soared 20.3 per cent. China Outfitters achieved […]

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Retail Asia23/08/2018

Parisian fine jewellery house Chaumet has opened its The Worlds of Chaumet exhibition in Tokyo. The exhibition, held in the Mitsubishi Ichigokan Museum, presents a broad overview of the history and work of the heritage jewellery brand, emphasising its ties with Japan and the influence of the late-1800’s-era Japonisme movement on Chaumet’s creations. Exhibition co-curator […]

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Retail Asia23/08/2018

Fashion marketplace Farfetch has filed an F-1 form with the US Securities and Exchange Commission with the intention of proceeding with a public flotation of its Class A ordinary shares on the New York Stock Exchange under the ticker symbol “FTCH.” The number of shares to be offered and the price range for the proposed […]

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Retail Asia23/08/2018

Diving into the swelling men’s grooming trend, Chanel is launching its first makeup line for guys, a three-product range, starting in South Korea on September 1. The collection includes a tinted fluid, coming in four colors, a matte moisturizing lip balm, and four shades of eyebrow pencil. The fashion house already has a signature handbag […]

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