Tag: International

Retail Asia17/02/2023
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5min0
Oranges, coconuts, and wax apples are sold at VND1,000-7,000 (4-29 U.S. cents) per kilogram at farm, half the prices compared to a month ago. In Ho Chi Minh City these days, vendors are selling king oranges at VND7,000-20,000 per kilo, depending on the size and quality of the fruit, along the sidewalk, on mobile trolleys […]

Retail Asia22/08/2022
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3min0
Cebu Pacific, the country’s leading airline, continues to boost its international network as it adds flights to some of its top ASEAN destinations, namely Bangkok and Bali. Beginning Aug. 29, 2022, CEB will fly daily from Manila to Bangkok, coming from its current five-times-a-week frequency. By September, flights from Manila to Bali will also increase […]

Retail Asia25/03/2022
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3min0
AirAsia gears up for the nation’s reopening by adding more international routes to cater for significant pent-up demand ahead of Malaysia reopening borders to international travel 1 April. With the continued easing of travel restrictions, the airline group increased domestic flight capacity in Malaysia by 156% since October 2021, when it kickstarted the Langkawi travel […]

Retail Asia13/10/2021
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8min0
AirAsia sees brighter skies ahead after Malaysia lifted interstate travel restrictions, with the low-cost carrier also pushing to restart international flights to Thailand, Sri Lanka and the Maldives as early as next week, its president told Nikkei Asia. Bo Lingam, AirAsia Group’s president for airline operations, said in an interview Monday that the company is “very relieved” […]

Retail Asia12/04/2021
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1min0
The Nepal Telecommunications Authority (NTA), an autonomous telecommunications regulatory body, together with the Civil Aviation Authority of Nepal has approved international airlines to use Nepal’s Internet and telecom services for its passengers. Airlines would need to apply to NTA, on top of obtaining permission from the International Civil Aviation  Organisation to tap into internet and telecom […]

Retail Asia03/11/2020
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2min0
Plummeting sales and write-downs have led Hong Kong-headquartered beauty-products retailer Sa Sa International to warn of a loss of up to US$38 million in the September half year. “The global Covid outbreak has affected the operation of all of the group’s physical stores including its businesses in Hong Kong, Macau, Mainland China and Malaysia,” chairman […]

Retail Asia31/07/2019
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2min0
Giordano International is set to report a second successive quarter of heavy sales decline. The casualwear retailer warned shareholders yesterday that underlying sales may fall by about 28 per cent, driving a 38-per-cent decrease in profit attributable to shareholders for the six months ended June 30. Chairman and CEO Peter Lau said the board believes […]

Retail Asia19/06/2019
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1min0
AirAsia India aims to start international operations in by October this year, its chief operating officer said Monday. The joint venture carrier between Tata Sons and Malaysian low fare airline AirAsia Berhad is looking at short haul destinations in Sri Lanka, Thailand and Kuala Lumpur airline recently received its 21st plane and aims to take […]

Retail Asia23/05/2019
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1min0
French luxury retailer says Hong Kong company’s shoe designs too similar to its own to be coincidental. Luxury fashion house Louis Vuitton is suing two Belle International subsidiaries for copyright infringement. The Chinese footwear brands are being taken to court over the design over a pair of trainers valued at HK$8950 (US$1140). A High Court […]

Retail Asia26/04/2019
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4min0
Low-cost carrier Vietjet on Tuesday announced its operation plan for the Hong Kong market and the launch of a new route linking Phú Quốc and Hong Kong, one of Asia’s most well-known destinations. The Phú Quốc – Hong Kong route will operate return flights with a frequency of four flights per week, starting from April […]

Retail Asia01/03/2019
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3min0
Avon reported its fiscal 2018 results earlier in the month, saying revenues declined as the beauty giant continued to cull it sales representatives across the globe. The London-headquartered company said total revenue decreased 2% for the twelve months, while like-for-like revenues decreased 3% in constant dollars. The number of Active Representatives declined 5% with decreases […]

Retail Asia01/03/2019
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3min0
Sportswear giant Puma reported strong annual results in 2018, as the German company witnessed double-digit growth across all geographic zones and product divisions. For the year ending December 31, 2018, the Herzogenaurach-based company said sales increase by 17.6% currency adjusted to €4,648 million (+12.4% reported) with double-digit growth in all regions. Asia-Pacific, despite being the […]

Retail Asia01/03/2019
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3min0
US investment company Flacks is considering making a bid for Malaysian-owned, British fashion retailer Laura Ashley. The firm is in the “very preliminary stages” of a takeover bid for the brand. Any possible takeover offer will be limited to 2.748p in cash per share, resulting in an overall valuation for the retailer at around £20 […]

Retail Asia27/02/2019
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2min0
Two new Esprit stores opened in Europe this month give an insight into the new direction of the embattled brand as it rebuilds. In the historic centre of Liege in Belgium a new 400sqm boutique stocks only womenswear. According to an understated news release issued in Germany, the “modern and bright store design creates a […]

Retail Asia26/02/2019
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3min0
H&M has unveiled a collaboration with Paris-based artist Nathalie Lete on a children’s clothing and accessories capsule collection. The collection, which will be available online and in selected stores worldwide from March 7, features several of Lete’s fantasy-land-inspired artworks as prints. The H&M collaboration is a childrenswear collection for babies and children with a wide […]

Retail Asia25/02/2019
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2min0
Foot Locker has announced a US$275 million capital expenditure program for this year, with Asia singled out as a target market. The investment is $75 million more than the US-headquartered sports-shoe and apparel retailer allowed for last year. “The capital spending planned for this year reflects increased investments in the company’s store fleet in all […]

Retail Asia22/02/2019
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2min0
Ikea has developed an ‘intelligent curtain’ capable of purifying air. The invention, coated with sunlight-activated minerals that break down airborne pollutants, has been developed in collaboration with several European and Asian universities. “By enabling a curtain to purify the air, we are creating an affordable and space-saving air purifying solution that also makes the home […]

Retail Asia21/02/2019
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5min0
Chanel has named Virginie Viard, Karl Lagerfeld’s closest collaborator for more than 30 years, as its new creative director, the French fashion house said in a statement following the death of the legendary designer. The move muffled speculation over whether Chanel might seek out another big name to replace Lagerfeld, who was 85 years old. […]


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