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Category: General

Retail Asia10/02/2020
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General

Phnom Penh Megamall launch delayed

1min0
The Phnom Penh Megamall developer has delayed the mall’s launch until the fourth quarter of this year owing to lagging interior design work, according to its marketing representative CBRE Cambodia. The 47,000sqm, 11-storey shopping hub is being constructed as a mixed-commercial centre. “The delay has nothing to do with market issues,” said CBRE Cambodia MD […]
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Retail Asia07/02/2020
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General

Bangkok’s Chatuchak mall opens in Singapore

1min0
Bangkok’s world-famous Chatuchak Market has launched a satellite site in Singapore. A 40,000sqft pop-up market located at The Grandstand on Turf Club Road, it marks the first time Chatuchak has been convened outside of Thailand. The market opened this week and will remain trading until May 3. More than 400 vendors are trading at the […]
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Retail Asia07/02/2020
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General

Paris starts to suffer as Chinese tourists disappear

3min0
As the hordes of mainland Chinese tourists who used to descend on the prime shopping districts of Paris have dried up within just a fortnight, luxury brands are beginning to plan staff layoffs and other strategies to reduce costs. With the rapid spread of the coronavirus across Mainland China, outbound tour groups have been suspended […]
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Retail Asia06/02/2020
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General

Instagram’s newest feature is all about GIFs

2min0
Instagram is one of the many social services that allows its users to add GIFs to their posts, but that’s where anything GIF-related stops. Let’s say your friend posts an animated sticker in stories and you wish to reply with a GIF. Well, that’s not possible, or at least it wasn’t until today. Earlier today, […]
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Retail Asia06/02/2020
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General

Hong Kong Customs seize counterfeit US-bound goods

1min0
Hong Kong Customs has seized some 10,000 counterfeit products destined for the US in a targeted operation to combat cross-boundary counterfeiting activities. The goods had an estimated street value of about HKD1.1 million (US$141,000), were seized, including medicines, mobile phones, handbags, shoes and clothing. The seizures resulted from a sharing of intelligence with US regulatory […]
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Retail Asia06/02/2020
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General

Hong Kong retail sales dropped in December

3min0
Hong Kong retail sales in December slumped 19.4 percent, a softer fall than November’s 23.7 percent, but continuing the decline which began with the civil unrest after June. For the whole year,  total retail sales decreased by 11.1 percent in value and by 12.3 percent in volume terms (after accounting for price fluctuations) compared with […]
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Retail Asia06/02/2020
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General

Macau closing casinos as coronavirus outbreak widens

2min0
Macau’s government has ordered the closure of the territory’s casinos for at least two weeks over fears coronavirus might be spread through venues. The closures followed a reduction of some 87 percent in the numbers of mainland Chinese visiting Macau during recent weeks, the result of the mainland government banning outbound group tours. The casino […]
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Retail Asia05/02/2020
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General

Vietnam Airlines, Jetstar Pacific cut China flights

3min0
Vietnam Airlines and Jetstar Pacific will stop flights on some routes to China and reduce them on others amidst the ongoing coronavirus outbreak. National flag carrier Vietnam Airlines will suspend routes between Vietnamese localities and China’s Beijing, Shanghai, Guangzhou and Shenzhen cities starting February 4. It will stop flying to and from China’s Chengdu starting February […]
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Retail Asia04/02/2020
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General

Vietjet suspends all China flights

3min0
Vietjet will stop all flights to and from China starting Saturday to try and limit the spread of the deadly coronavirus. The budget airline said in a statement Friday that it had prepared this plan earlier, and will cooperate with Vietnamese authorities and the World Health Organization (WHO) in taking steps to prevent the spread […]
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Retail Asia04/02/2020
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General

Japan retail sales down

1min0
Retail sales in Japan dropped 2.6 percent during December compared to figures from the previous year. The details were released in a Ministry of Economy, Trade and Industry report last Friday, and stood in contrast to median market forecasts for a decline of just 1.8 percent. According to an RTT news article, the sales rate […]
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Retail Asia03/02/2020
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General

AirAsia cancels all flights between Philippines and People’s Republic of China

6min0
In compliance with the Philippine government’s directive imposing travel restrictions from the People’s Republic of China, AirAsia is cancelling all its flights between the Philippines and mainland China, Hong Kong SAR and Macao SAR until further notice from the Philippine government. AirAsia is also extending the provisions to move flights, obtain a credit account or […]
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Retail Asia03/02/2020
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General

Instagram’s next new feature has just been leaked

2min0
Instagram is testing new features all the time, but we don’t hear about many of them until Facebook makes them available to everyone. This is one of those exceptions where we learn about a new feature that Instagram plans to add to its apps after thoroughly testing it. The next important addition to Instagram should be Reactions […]
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Retail Asia03/02/2020
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General

Toranoana opens collaborative shop with Sanrio characters in Tokyo

1min0
Japanese manga-related retailer Toranoana has partnered with Sanrio to open a collaborative store selling Sanrio character merchandise, in Tokyo’s Akihabara district. A variety of Sanrio character merchandise, including the famous Hello Kitty, are displayed on the first floor of the store. Toranoana and Sanrio say they hope their partnership will strengthen their presence and help […]
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Retail Asia03/02/2020
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General

Kadokawa targets foreigners with EJ Anime store online

2min0
Kadokawa Corporation has launched an EJ Anime store online where people living overseas can purchase official merchandise for Japanese anime, comics, light novels, and games. The EJ Anime store stands on a burgeoning anime market in Japan that has continued to increase for nine years, reaching sales of ¥2,180 billion (US$20.07 million). The rapid increase […]
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Retail Asia03/02/2020
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General

Body Shop Malaysia seeking for investment

1min0
Body Shop Malaysia operator InNature Bhd is seeking to raise RM120.6 million (US$25.5 million) in funding from an IPO. The firm says some of the funds will be used to fund store network expansion in Vietnam and Cambodia. The Body Shop Malaysia business accounts for about 11 per cent of the country’s personal care & […]
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Retail Asia03/02/2020
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General

India’s duty-free purchase limits to be cut

3min0
Proposed changes to India’s duty-free purchase limits may dent the country’s duty-free market growth prospects, says GlobalData. The country’s Commerce and Industry Ministry plans to limit duty-free alcohol sales to inbound travelers to one bottle or one liter per person – half the current limit – and to ban all sales of tobacco products. The […]
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