Category: General

Retail Asia30/08/2019
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1min0
Chinese apparel retailer Crocodile Garments has warned investors it expects its annual results to “deteriorate greatly” from last year due to a double whammy. On the one hand, there has been a decrease in gains from the revaluation of its investment properties, while on the other retail sales are down due to falling consumer confidence […]

Retail Asia30/08/2019
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3min0
Retail Apparel Group-owner The Foschini Group has lauded the Australian retail market and indicated it is gearing up for further expansion throughout Australia and New Zealand. The South African retail group, which owns local brands such as yd., Connor, Tarocash, Johnny Bigg, and Rockwear, said topline growth in Australia is in the double-digit, and it’s […]

Retail Asia30/08/2019
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5min0
Technology adoption, contributions from fast-growing eyewear chain Zoff, and burgeoning loyalty programs for Circle K and Saint Honore have been credited with boosting Convenience Retail Asia’s half-year profit by 22.4 percent. CEO Richard Yeung said a major part of the group’s success was the effectiveness of Circle K’s online-to-offline (O2O) business model, along with lower […]

Retail Asia30/08/2019
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1min0
AirAsia was granted traffic rights by the Malaysian Aviation Commission (MAVCOM) to start five new Asian services from August onwards. Mavcom’s latest bulletin shows that these flights will operate from Kuala Lumpur to Guangzhou, Jambi and Tanjung Pandan, alongside Sibu-Singapore and Penang-Kuala Terengganu routes. The low-cost airline was also cleared to raise frequencies on two domestic […]

Retail Asia30/08/2019
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2min0
AirAsia has launched a new route connecting Kuala Lumpur to Belitung, an island off the east coast of Sumatra, Indonesia. In a statement today, AirAsia said its four times weekly direct service will commence on Oct 2, 2019. AirAsia regional commercial head Amanda Woo said Belitung is a place with huge untapped tourism potential. “We […]

Retail Asia29/08/2019
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6min0
Tun Dr Mahathir Mohamad acknowledged AirAsia’s significant contribution to Malaysia’s tourism sector since starting operations in 2001 besides creating numerous milestones along the way and being a trendsetter in air travel.The Prime Minister said the evolution of low-cost carriers in the region has been quite phenomenal and that AirAsia’s role in this was obvious.He is […]

Retail Asia29/08/2019
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3min0
Air Asia unveiled its new livery design for their Airbus A320 in Bangkok last week, to promote the message of “Sustainable ASEAN Tourism”. The launch coincided with the ASEAN Day celebrations on August 8, marking the 52nd anniversary of the original declaration in 1967, and was attended by Thailand’s Director General of the Department of ASEAN […]

Retail Asia29/08/2019
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2min0
In an attempt to make Groups easier to understand, Facebook announced the launch of a new simplified privacy model for the feature, public and private. The new Groups Privacy settings include two clear options, which should make the privacy model much more intuitive. For example, public groups allow anyone to see who’s in the group and everything […]

Retail Asia29/08/2019
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2min0
Budget carrier Cebu Pacific announced on Thursday, August 15, that it is launching direct flights from Cebu to Busuanga (Coron) in Palawan. Cebu Pacific’s subsidiary Cebgo will fly twice daily between the Mactan-Cebu International Airport and Francisco B. Reyes Airport, beginning October 27 this year. 1st flight departing Cebu at 7:25 am, arriving in Busuanga at 9 […]

Retail Asia28/08/2019
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1min0
In a move to differentiate itself from sister brand Kmart, department store Target will see an accelerated transformation to offer higher quality apparel, soft homewares and toys. This shift will reposition the department store to compete against more specialty and middle-market offerings, and could keep Kmart and Target from potentially cannibalising one another’s sales. As […]

Retail Asia28/08/2019
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1min0
The US Commerce Department says retail sales rose a healthy 0.7 per cent last month, a sign of consumer confidence. US consumers have spent more at retail stores and restaurants in July, a sign that concerns over slower global growth that have roiled financial markets haven’t dampened consumer confidence. The Commerce Department says retail sales […]

Retail Asia28/08/2019
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1min0
Chinese retail sales in July rose at a slower rate than in June, although the decline was largely attributed to falling sales of new motor vehicles. Official government retail sales figures include motor vehicles, making it difficult to assess the true trend of ‘real’ retail sales in the market. Chinese retail sales in July rose […]


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