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Tag: sia

Retail Asia17/10/2022
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Fashion

Love, Bonito acquires Singapore-based activewear label Butter

2min0
Southeast Asian omnichannel fashion retailer Love Bonito has acquired Singapore-based activewear brand Butter and a minority stake in healthcare startup Moom Health for an undisclosed sum. The activewear line will be rebranded as ‘Cheak’, a play on the word ‘cheeky’. The company said the acquisitions are part of Love, Bonito’s ambition to build “a holistic […]
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Retail Asia07/12/2021
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Living

Dark mode, new voice effects coming to Messenger Kids

2min0
One of the most requested features for mobile apps, dark mode is finally coming to Messenger Kids. Since the app’s audience isn’t as large as the main app, Facebook took its time to make it available to its users. Although kids can’t really complain, Messenger had decided to throw in a couple of additional features to go along […]
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Retail Asia10/04/2019
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General

DBS and Singapore Airlines form digital partnership

5min0
DBS Bank and Singapore Airlines (SIA) have today come together to sign a memorandum of understanding (MOU) to enhance digital capabilities across various digital platforms, to enable a seamless banking and travel customer experience for travellers. Under the MOU, the two companies will introduce flight booking and merchandising capabilities on DBS’ platforms, a DBS-SIA Rewards […]
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Retail Asia30/10/2017
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E-Tailing

EU mulls digital firms’ global profits tax

3min0
The European Union is asking its citizens to help decide on a fairer tax regime for large digital corporations that may include a tax on their global profits. Firms such as Amazon, Google and Facebook have often been accused of paying too little tax within the bloc by establishing their regional headquarters in low-tax countries […]
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Retail Asia25/10/2017
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General

Cebu Pacific seeks Hong Kong, Bali entitlements

3min0
The operator of budget carrier Cebu Pacific is seeking entitlements to Hong Kong as well as Bali in Indonesia. Cebu Air Inc. filed an application with the Civil Aeronautics Board (CAB) for the allocation and re-allocation of entitlements on the Manila to Hong Kong route.  The entitlements being requested are under a confidential memorandum of […]
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Retail Asia24/10/2017
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Food

Domino’s pays $42m to buy out Japan stake

2min0
Domino’s Pizza is taking full ownership of its Japanese joint venture by buying out partner Bain Capital’s minority stake for $42 million. Domino’s, which in May announced Bain’s intention to exit, on Monday said it would pay less than the $46.4 million it set aside for the deal in its full-year accounts. The purchase will […]
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Retail Asia17/10/2017
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Food

Japanese operator plans 50 Myanmar noodle restaurants

1min0
Japanese noodle restaurant operator Toridoll Holdings plans to open 50 outlets in Myanmar with a local joint venture partner. The Myanmar noodle restaurants, in partnership with YKKO, will target the nation’s growing middle class. The first has already opened in Yangon, selling bowls of noodles for as little as US48 cents, with serving sizes to […]
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Retail Asia16/10/2017
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Fashion

Record trading year for Fast Retailing

2min0
Uniqlo parent Fast Retailing has had record revenue and profit levels for its latest trading year, to August 31. Consolidated revenue reached ¥1.8619 trillion (US$16.6 trillion), up 4.2 per cent year on year, the operating profit soared 38.6 per cent to  ¥176.4 billion while profit attributable to the owners ballooned 148.2 per cent to ¥119.2 […]
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Retail Asia12/10/2017
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E-Tailing

SIA, Grab integrate mobile apps

2min0
Singapore Airlines (SIA) and Grab have integrated their respective mobile apps to offer enhanced convenience to travelers. The partnership will benefit customers who are travelling to the airport in six countries across Southeast Asia – Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. SIA customers can now book Grab rides through the SingaporeAir mobile app. Customers […]
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Retail Asia02/10/2017
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Fashion

Calvin Klein China opens lifestyle store in Shanghai

2min0
Calvin Klein China has opened a multibrand lifestyle store in Raffles City Shanghai. A wholly owned subsidiary of PVH, Calvin Klein has simultaneously opened a similar store in Düsseldorf, Germany. Shanghai’s two-storey store offers men’s and women’s CK Calvin Klein, Calvin Klein Jeans, Calvin Klein Underwear and Calvin Klein Performance apparel and accessories. Its design […]
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Retail Asia27/09/2017
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Food

Japanese Farmers’ Market lands at Changi

1min0
Hailed as a Singapore first, the Premium Japanese Farmers Market offers everything from seasonal vegetables and fruits to meat products and sake imported from Japan – in Changi Airport’s Terminal 3 departure hall. Some items, including egoma tea, a special sushi selection and wagyu sake, are new to Singapore. The store also offers ready-to-eat bento […]
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Retail Asia25/09/2017
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General

Hong Kong: more than just retail

7min0
There has been no shortage of ink spilt in recent years about the negative impact of China’s anti-corruption crusade on Hong Kong’s retail sector. Visitor arrivals from the PRC represented 76 per cent of all tourists in 2016, when those numbers fell 6.7 per cent. Taken with aggressive campaigns to lure mainland tourists elsewhere — […]
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Retail Asia20/09/2017
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Fashion

Dolce & Gabbana profits quadruple over 12 months

1min0
Dolce & Gabbana profits have virtually quadrupled from a year ago. A year ago the Italian luxury fashion house’s profit was €17.93 million (US$21.5 million), while this year the two owners of the group cashed in dividends of €80 million, reports CPP-Luxury.com. Its consolidated group turnover for last year hit €1.3 billion, compared to €1.18 […]
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Retail Asia18/09/2017
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Fashion

Danish plus-size brand Carmakoma merges with Only

1min0
Danish plus-size brand Carmakoma has been amalgamated into the Only fashion brand, paving the way for further international expansion. Carmakoma was founded nine years ago and had recently expanded into other European countries, says co-founder and former director Heidie Lykke. “After having established ourselves on several international markets we were challenged on ways of financing […]
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Retail Asia18/09/2017
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Living

Hotels told to cough up for playing music on TV by Vietnam’s copyright watchdog

5min0
Collection of the controversial royalty fees will resume after a three-month break following a public backlash.Vietnam’s music copyright watchdog has announced that it will resume charging hotels across the country royalty fees for playing music on TV. The Vietnam Center for Protection of Music Copyright (VCPMC) will be charging all hotels VND25,000 ($1.1) per year for each […]
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Retail Asia13/09/2017
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Fashion

Queue greets H&M Vietnam launch in HCMC

1min0
Queues marked the official launch for H&M Vietnam, with more than 4000 customers on its first day in Vincom Center Dong Khoi, Ho Chi Minh City. It announced the opening a month ago on its Facebook page. The first 1000 customers at the Swedish fast-fashion brand’s new shop were each given a limited-edition bag, while other shoppers […]
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Retail Asia31/08/2017
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Fashion

Myer and Amazon announce deal

3min0
Myer will stock Amazon Kindle products in its store and online, after the retailers today announced a new partnership. Amazon’s heavily-speculatedventure into Australia, alongside a host of other international brands now entering the market, have been posed as major risks by analysts to the 117 year old department store chain retailer, amid CEO Richard Umbers’ ambitious turnaround plan for […]
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