Category: General

Retail Asia17/01/2020
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3min1
Health and beauty retailer Watsons has partnered with Tencent’s WeChat Work platform to establish an online presence and launch cloud-based WeChat stores this quarter. Watsons China’s launch on WeChat Work and the establishment of cloud stores will enable the brand to provide more personalised, round-the-clock services to its more than 65 million-strong customer base shopping […]

Retail Asia16/01/2020
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1min0
Liverpool FC has partnered with CRC Sports to launch a merchandise pop-up store in Vietnam. Located at Estella Place shopping mall in District 2, the pop up offers fans a full range of New Balance replica kit as well as authentic Liverpool FC merchandise, apparel and fashion accessories. “Our new store in Vietnam will enable […]

Retail Asia16/01/2020
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3min0
Hong Kong-based retailers will continue to face tough times as domestic and international issues impact the economy according to a leading analyst. Anne Ling, an equity analyst at investment bank and financial-services company Jefferies Group,  says every 10 percent decline in retail sales impacts the earnings-before-tax (EBIT) of Hong Kong retail companies by between 7 […]

Retail Asia16/01/2020
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2min0
Vietnam consumer-goods company Masan Group says it plans to shut down hundreds of VinMart and VinMart+ stores it purchased from VinGroup last year. The company said they will open 10-30 new Vinmart supermarkets and close 100-300 Vinmart+ stores this year to focus on improving profitability of existing locations instead of following the program of massive […]

Retail Asia15/01/2020
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7min0
Malaysia’s AirAsia Group says it will co-found a tech-training facility with Silicon Valley giant Google, as Southeast Asia’s biggest budget carrier by fleet continues its push to become a technology-led company. AirAsia Group President Aireen Omar told the Nikkei Asian Review that fresh tech talent would play a vital role in developing new businesses within the group […]

Retail Asia15/01/2020
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2min0
Budget carrier Cebu Pacific is working to gradually resume flights at the Ninoy Aquino International Airport (NAIA) starting 11:00 a.m. on Monday, Jan. 13, 2020. “Following the effects of ashfall, Cebu Pacific is working towards the gradual resumption of flights at NAIA beginning 11 a.m. today, January 13,” it said in an advisory. “We are conducting […]

Retail Asia15/01/2020
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1min0
Walmart India will let go around a third of its top executives at its Gurugram headquarters. The retailer has been struggling in the territory and is now responding by laying off more than 100 top-level executives, with more terminations expected to come later. It will also close its Mumbai fulfillment center and its largest warehouse, […]

Retail Asia15/01/2020
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2min0
South Korean convenience-store owners are canceling 24-service as minimum wage rise has eroded profits. Last year, president Moon Jae-in launched a campaign to raise the hourly minimum wage by 29 percent over two years. With night-shift employees earning time-and-a-half pay, franchisees have been struggling to pay part-time staff during the small hours. Not all stores […]

Retail Asia15/01/2020
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3min0
Travellers flying out of Malaysia’s northern hub Penang can now book AirAsia newest flights to Chengdu, the capital city of Sichuan Province, China. AirAsia will launch a Penang- Chengdu service 8 March with three weekly direct flights. AirAsia Malaysia CEO Riad Asmat said: “Penang is one of our largest secondary hubs in Peninsular Malaysia, to […]

Retail Asia15/01/2020
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3min0
Hong Kong-based retailers will continue to face tough times as domestic and international issues impact the economy according to a leading analyst. Anne Ling, an equity analyst at the investment bank and financial-services company Jefferies Group,  says every 10 percent decline in retail sales impacts the earnings-before-tax (EBIT) of Hong Kong retail companies by between […]

Retail Asia15/01/2020
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1min0
Fast Retailing, the parent of the Japanese fast-fashion retailer Uniqlo, has reduced forecasts for its full-year operating profit by 11 percent. The Japanese company says its business has been adversely affected by protests in Hong Kong and a trade war between Japan and South Korea that resulted in a boycott of Japanese products in a […]

Retail Asia14/01/2020
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1min0
Bag and carrying case manufacturer Freitag has opened its fourth outlet in Japan, which was featured in Designboom architectural magazine for its unique interior. The Swiss firm, which creates its products from used truck tarpaulins, has set up an 80sqm distribution center in Kyoto in the vicinity of the ancient Nishiki market and the metropolitan […]

Retail Asia14/01/2020
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1min0
Hong Kong-based firm The Fenix Group may sell its majority shareholding in high-end supermarket operator Hong Kong’s CitySuper Group. According to Bloomberg, if potential buyers show interest in the stake, it may be worth between US$300 and $400 million. Any potential purchaser at this time will inherit a business in the midst of Hong Kong’s […]

Retail Asia13/01/2020
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4min0
AirAsia India has appointed Wunderman Thompson South Asia to manage creative duties following a pitch in 2019. The agency will be responsible for brand strategy and shaping the communications narrative in India, taking care of above-the-line and digital creative mandates. According to the press statement, Wunderman Thompson understood AirAsia India’s strategic and brand objectives and will […]


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