Tag: rolex

Retail Asia28/09/2022
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6min0
China’s coronavirus-driven economic slowdown is proving to be a boon for Mr Zhu Tainiqi, the Shanghai-based founder of second-hand luxury goods marketplace ZZER, who is now scouting for shop space to expand the business.The former venture capitalist is seeing a surge in people looking to sell their Hermes Birkin bags or Rolex watches to raise […]

Retail Asia14/07/2021
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5min0
Industronics Bhd is tapping on the US$17 billion pre-owned luxury watch market through Ecgo International Ltd, its wholly-owned subsidiary in Hong Kong. This follows the launch of Industronics’ luxury watch e-commerce platform, watch-exchanges.com. Executive director Datuk Chu Boon Tiong said based on data and overall market performance, the pre-owned luxury watch market showed promising growth […]

Retail Asia02/10/2018
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1min0
South Korea’s Customs service has released an intellectual property infringement report detailing the most-seized counterfeit goods over the past four years. According to the report, South Korean officials seized more fake Louis Vuitton products than any other between June 2014 and June this year, a trend that accelerated over the period. Agents seized KRW183.1 billion […]

Retail Asia27/11/2017
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4min0
Easing rents, the closure of unprofitable stores and a trimmed-down inventory all helped Oriental Watch Holdings record a 10-fold increase in profit in its latest quarter. In the six months to September 30, Oriental Watch increased its post-tax profit from HK$4.12 million last year to $45.93 million, on sales down marginally from $1.545 billion to […]

Retail Asia15/11/2017
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3min0
Rolex has relaunched its boutique at Pavilion Kuala Lampur, with a new, elegant shop design and layout to lure the lucrative Malaysian market. Launched by Swiss Watch Gallery, which officially operates the luxury watch brand, the 158 square-metre-space has been modernized to appear high end, and offers a more intimate setting for consumers to experience the […]

Retail Asia17/02/2017
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1min0
Beauty products brand Innisfree is launching in Indonesia with brand curator Time International. Part of Korean global beauty company AmorePacific Group, Innisfree offers products made with natural ingredients from Jeju, a volcanic island off the southern coast of the Korean Peninsula. Innisfree’s first store will open at Central Park Mall Jakarta on March 24, following […]

Retail Asia13/02/2017
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2min0
Faberge, owned by UK emeralds and rubies mining company Gemfields, is the latest in a growing list of global luxury brands to enter India. It is following on the heels of such brands as Burberry and Rolex as India’s economic expansion spawns more billionaires than in Japan, the traditional bastion of ultra-rich in Asia, reports […]

Retail Asia18/01/2017
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3min0
Chinese eCommerce giant Alibaba has teamed up with some of the world’s most-counterfeited brands to fight against copycats. Collaborating with such global brands as Louis Vuitton, Samsung and Swarovski, Alibaba will provide its members with big data and other support to help them block, identify and even take down listings from its marketplaces such as […]

Retail Asia14/12/2016
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2min0
Japanese lifestyle clothing and accessories brand Muji Canada is expected to expand to Vancouver next year. Known for its minimalist approach, Muji already has three stores in Toronto. It has about 300 stores outside Japan. Vancouver’s retail sector continues to outperform other Canadian markets with annual sales-per-square-foot at more than C$1000 (US$762). Toronto is second […]

Retail Asia31/10/2016
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3min0
Project X, a multi-brand boutique that caters to young creative minds, has launched at Plaza Indonesia in Jakarta. From Time International, Project X offers a new take on men’s and unisex casual fashion and lifestyle. Its curated retail concept introduces 22 international brands and includes innovative designs in apparel, bags, shoes and accessories such as sunglasses […]

Retail Asia16/02/2016
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10min
He stayed out of the limelight and shied away from the media, so few might know that Mr Jopie Ong Hie Koa was one of Singapore’s true trendsetters. The late managing director of Metro Group, who died suddenly on Tuesday night at age 75, was the first to introduce luxury brands such as Mont Blanc, […]

Retail Asia23/01/2015
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2min
Rolex sales are soaring in Singapore, and other Asian cities as the Swiss franc’s value rises rapidly. Staff of Singapore’s highest profile luxury watch chain The Hour Glass told AFP sales of Swiss brands have risen markedly in recent days, especially of Rolexes. Most of its stores along Orchard Rd sold 25 to 30 Rolexes […]


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