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Category: General

Retail Asia03/08/2020
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General

Hong Kong retail sales in June slip

2min0
Hong Kong retail sales in June slumped by 24.8 percent to US$3.42 billion as the territory’s borders remained all but closed to tourists due to the Covid-19 pandemic. The decline was lower than in May when sales were down 32.9 percent year on year and the 33.3-per-cent rate for the six months to June. A […]
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Retail Asia31/07/2020
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General

Thai super-star singer Ying Lee’s concert in the sky spices up Thai Vietjet’s inaugural Bangkok – Khon Kaen flight

4min0
Thai Vietjet today inaugurated its maiden flight VZ210 from Thailand’s capital airport of Suvarnabhumi to Khon Kaen, the country’s commercial and political centre in the Northeastern region. Celebrating the new service, Thai Vietjet gave passengers a memorable surprise with a ‘Ying Lee’ concert in the sky, complete with a full team of dancers and cabin crew, along […]
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Retail Asia31/07/2020
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General

AirAsia aiming to launch Muslim-friendly services including packages to perform Haj and Umrah

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AirAsia Group Bhd is aiming to launch Muslim-friendly services including packages to perform the Haj and Umrah. In the low-cost carrier’s management discussion and analysis in its Annual & Corporate Governance Report 2019 released July 29, AirAsia co-founder and group CEO Tan Sri Tony Fernandes said the airline was actively assessing the prospects of a […]
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Retail Asia30/07/2020
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General

Loft launches in Shanghai

1min0
Japanese lifestyle specialty store Loft has opened its first directly owned overseas store, ‘Xujiahui Loft’ in Shanghai. Located at Metro City, the Xujiahui Loft Shanghai occupies a 1046sqm area. It features more than 12,000 products including Loft’s exclusive lines as well as limited-edition items commemorating the store’s grand opening and pre-sale goods. The Xujiahui Loft […]
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Retail Asia30/07/2020
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General

China stands out in tough LVMH first half year

3min0
China proved a standout market in every product category for luxury-goods retail group LVMH in the first half-year. While sales in Europe and the Americas suffered from long-drawn-out disruption due to Covid-19, there were signs of a recovery in Mainland China. LVMH group sales fell by 27 percent to €18.4 billion during the half and […]
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Retail Asia30/07/2020
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General

Revenge shopping and getting personal

3min0
Shanghainese women purchasing luxury goods in the post-Covid-19 era are making conscious choices in consumption – with a tendency towards revenge shopping amongst younger buyers. The insights were revealed in new research by local luxury intelligence agency Gusto Luxe. The firm’s latest report analyses trends in luxury shopping among Shanghai’s women, highlighting several factors with […]
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Retail Asia29/07/2020
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General

AuMake says Covid-19 fast-tracked digital and buy-now-pay-later plans

6min0
Daigou business AuMake said the closure of its physical stores fast-tracked the company’s online development, launching the Broadway Online platform which gained significant momentum during the quarter. The store closures, part of the government’s restrictions to help stem the spread of the coronavirus, has also given the company time to look into developing payment platforms […]
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Retail Asia29/07/2020
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General

King Power Thailand sales axed 50 percent

2min0
Thai duty-free retailer King Power is anticipating a drop in sales revenues of 50 percent in the wake of the coronavirus pandemic. The firm has attempted to drum up business while international travel is largely frozen via an online sales strategy, but it has not been able to offset the steep fall in business with […]
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Retail Asia28/07/2020
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General

Covid-19 drives broad shift in shopping behaviour

3min0
The coronavirus pandemic has had a lasting impact on the shopping behavior of global consumers, according to new research by Adobe. The figures show that despite the lifting of lockdown restrictions in many countries worldwide, customer shopping habits and brand interactions have not returned to pre-coronavirus norms. According to the survey, 67 percent of responding […]
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Retail Asia28/07/2020
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General

Montblanc launches at Shanghai Plaza 66

2min0
Montblanc has launched a flagship boutique and a pop-up store in Shanghai, China. Located at Shanghai Plaza 66 on Nanjing Road, the store features a wide collection of Montblanc’s luxury goods, including travel bags, backpacks, watches, and accessories. The Shanghai Plaza 66 boutique features a modern design with black and gold elements. The Shanghai Plaza […]
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Retail Asia25/07/2020
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General

Why Production Monitoring Makes Sense for Your Business

4min0
Global quality control company HQTS’ Production Monitoring service helps your supply chain be as efficient as possible. Production Monitoring is an end-to-end service for monitoring the production process. It gives customers greater control and insight into the entire manufacturing process with no unwelcome surprises. It’s crucial for importers to ensure product quality during production and […]
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Retail Asia24/07/2020
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General

What Makes An Amazing Neighborhood

11min0
When choosing a place for your new home, one of the major features to consider is the neighborhood. You’re not only just buying or renting an apartment but your lifestyle will be affected one way or another based on the surrounding environment. A perfect neighborhood doesn’t exist but it can be well suited to your […]
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Retail Asia24/07/2020
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General

7-Eleven warns of bogus ‘franchisor’ in Cambodia

1min0
Convenience-store chain 7-Eleven has warned of a bogus ‘franchisor’ in Cambodia. The company said it received reports that there is an unauthorized party representing itself as 7-Eleven’s master franchisee in the country and attempting to sell outlets. The reports promoted the company to issue an announcement confirming that Thailand’s CP All is the sole master […]
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