Don't Miss:
19. April 2024
ABOUTADVERTISE CONTACT
   

Author: Retail Asia

Retail Asia22/04/2020
hsbc-headquarters-reception-5616x3159-1024x576.jpg
Finance

HSBC Private Bank Managing Director to Depart

1min0
He announced his departure on LinkedIn on Friday, saying he was «excited» to head to his next destination. Shang-Wei Chao, HSBC Private Banking’s Singapore and Malaysia market head, will be leaving the firm, he announced in a LinkedIn post, which was confirmed by a spokesperson at the bank. Chao joined HSBC in 2016, after 12 […]
CONTINUE READING
Retail Asia22/04/2020
MCDonalds-Disney-1280x720.jpg
Food

McDonald’s, The Cheesecake Factory find the perfect recipe for staying relevant during crisis

7min0
With customers subjected to stay-at-home orders or lockdowns around the world, major brands are facing unprecedented challenges staying relevant and connected – especially fast-food retailers and theme parks. At the same time, the lockdowns have spurred an unprecedented demand for baking ingredients as consumers try their hand at creating food and snacks at home – […]
CONTINUE READING
Retail Asia22/04/2020
starbucks1.jpg
Food

Starbucks China launches plant-based menu with Beyond Meat, Oatly, Omnipork

3min0
Starbucks China is launching a plant-based menu in partnerships with Beyond Meat, Omnipork and dairy-substitute Oatly which will be available in most stores nationwide. From tomorrow (April 22) the coffee chain will launch two pasta dishes and a wrap featuring Beyond Beef, effectively launching the meat-substitute brand on the mainland. A Vietnamese-style noodle salad and […]
CONTINUE READING
Retail Asia21/04/2020
artificial-intelligence-robot.jpg
General

Service robots prove popular at height of pandemic

3min0
With the coronavirus pandemic continuing to spread relentlessly around the globe, “untact,” or non-contact services are emerging as a new trend, and demand for service robots to replace humans is also growing. The state-run Korea Trade-Investment Promotion Agency (Kotra) says interest in service robots has soared since they were employed in public-sanitation and service businesses […]
CONTINUE READING
Retail Asia21/04/2020
jd-com-founder-and-ceo-richard-liu-speaks-at-the-nasdaq-building-at-times-square-new-york-1024x681.jpg
E-Tailing

Luxury brands thriving on JD during Covid-19

2min0
Around 20 luxury brands have opened stores on Chinese e-commerce platform JD since the beginning of January, seeking new avenues for business against the backdrop of the global coronavirus pandemic. The onboarded brands include fine-leather goods house Delvaux, Chanel-owned jewelry brand Goossens, luxury cashmere specialist Barrie, British luxury leather brand Smythson, cashmere knitwear brand Pringle […]
CONTINUE READING
Retail Asia21/04/2020
sugar-drinks-1024x576.jpg
Food

How Covid-19 is impacting food-and drink-markets in Southeast Asia

4min0
The spread of Covid-19 is forcing Southeast Asian consumers to change their eating habits and embrace new shopping practices, says Mintel Apac food-and-drink analyst Tan Heng Hong. Given today’s consumer climate, food and drink categories with strong immunity claims can drive home the importance of immunity to protect wary consumers, he says. “Manufacturers of immunity-boosting […]
CONTINUE READING
Retail Asia21/04/2020
VW-Troc-1280x720.jpg
Automotive

Volkswagen Group Sales Down 23% In Jan-March

2min0
Volkswagen Group on Friday said sales of its cars dropped by 23% on the year to 2 million cars in the January to March period. In March alone, deliveries were down 37.6% overall at 623,000 vehicles, the figures showed, reflecting the coronavirus crisis which triggered plant closures and falls in sales as consumers were tied […]
CONTINUE READING
Retail Asia21/04/2020
ocbc-1024x581.jpg
Finance

OCBC Shutters Investors Hub During Circuit Breaker

2min0
The bank hopes to encourage more people to stay home and comes in support of stricter social distancing measures implemented by the government to contain the spread of Covid-19. OCBC Bank’s wholly-owned brokerage subsidiary, OCBC Securities, will temporarily close its Investors Hub at OCBC Centre South from 20 April to 4 May 2020, it announced in […]
CONTINUE READING
Retail Asia21/04/2020
giordano1-1024x576.jpg
Fashion

Giordano sales drop 34.6 per cent in March quarter

1min0
Fashion group Giordano says its March quarter sales fell by 34.6 percent as the outbreak of the coronavirus pandemic saw stores shuttered in key markets. Comparable same-store sales growth was a negative 30.2 percent. “Since the outbreak of the Covid-19 pandemic, many countries have implemented public health measures and ‘lockdowns’, often resulting in the halting […]
CONTINUE READING
Retail Asia21/04/2020
debenhams-1024x621.jpg
Fashion

Debenhams begins liquidation of Hong Kong business

1min0
British multinational department store Debenhams has begun liquidation of its operations in Hong Kong, along with its operations in Ireland and Bangladesh. The move comes a week following filing for administration in the UK, according to a report in Retail Gazette. All of Debenhams’ Hong Kong staff will have their positions terminated as the liquidation […]
CONTINUE READING
Retail Asia21/04/2020
www.biv_.comhong_kong_shoppers_tsim_s-a9d47ee32321e86c120aa0b2afbedd423d98b7a0-1024x1024.jpg
General

One in four Hong Kong retail stores set to close this year

4min0
With sales decimated by the coronavirus crisis, and with little support coming from landlords, some 20,400 Hong Kong retail stores will close by year-end, according to research from the HKRMA. A study conducted amongst 152 retailers ranging from SMEs through to large chains shows most retailers will have insufficient resources to survive beyond June, even […]
CONTINUE READING

Newer Posts

Older Posts

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CONTACT US
CALL US ANYTIME
Most read
Retail updates

Stay up to date of the lates updates and retail news from Asia.






X