Japanese retailer Uniqlo has jumped on the sustainability train, eliminating the use of plastic bags in its stores and switching to eco-friendly paper bags later this month. The bags will…
Myer on Friday opened the doors to a refurbished homewares and electronics department in its Sydney CBD store. The new floor contains 20 shop-in-shop concepts from leading brands, including Scanpan,…
Thai beauty retailer KIS opened its first store in Bangkok just last month and is already planning 30 more across the city. The chain has been created to capitalize on…
Luxury house LVMH has reportedly made a US$14.5 billion offer to acquire high-end jewelry retailer Tiffany & Co as part of an ongoing attempt to expand into the US market.…
Keventers milkshake-brand owner Sohrab Sitaram has launched Fat Tiger, a tea shop and dim sum franchise in India’s Delhi, Chandigarh, Ludhiana and Karnal. Sitaram says Fat Tiger introduces popular international…
Chinese firm Harbin Pharmaceutical Group is poised to take over and privatize US vitamin and retailer supplier GNC. The firm acquired a 40-per-cent shareholding in the company last year, initiating…
French personal care company L’Oréal has inked a partnership with venture capital firm Cathay Innovation to aid Chinese beauty tech startups. The partnership between L’Oréal’s corporate venture capital fund Business…
Chinese wooden-comb manufacturer Tan Mujiang has continued its international expansion with the opening of its first flagship store in the US. The store dubbed as H0006 is located at Flushing…
Changi Airport Group has awarded its liquor & tobacco concession tender to Lotte Duty-Free. The company will succeed DFS Group when the concession contract expires next year. The awarding of…
South Korean companies are engaged in a fierce battle with Japanese rivals in the Vietnam retail market, which has emerged as a “post-China.” According to the Korea Trade-Investment Promotion Agency,…
Fashion e-commerce company Rebag has launched software that instantly reveals the current resale value of handbags. Called Clair, the software is described by Rebag as “a comprehensive luxury appraisal index…
Vietnam restaurant chain Mon Hue has closed down without notice, evidently unable to pay its debt. Restaurants under the Mon Hue brand along with sister chains including Pho Ong Hung…
Chinese travel lifestyle brand Ninetygo is eyeing global expansion as more millennials and Gen Zers travel abroad. As a brand owned by Anhui Korrun, the first Shenzhen Stock Exchange-listed domestic…
Ford Motor Co on Wednesday cut its forecast for operating profit for the year after a disappointing third quarter that Chief Executive Jim Hackett blamed on higher warranty costs, bigger…
Singapore retail rents increased in the third quarter of this year, according to Urban Redevelopment Authority. Figures published by The Straits Times show the rental rates increased by 2.3 percent,…
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