June 18, 2026

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New Zealand Food Basket launches Tmall Store

Mei Ling Tan May 16, 2019

Some of New Zealand’s most popular food and beverage brands now have direct access to Chinese customers through a new flagship on the online marketplace, Tmall. The online flagship, which…

AuMake doubles digit Profit

Mei Ling Tan May 16, 2019

AuMake more than doubled its profit and nearly doubled sales in Q3, compared to the previous corresponding period. The daigou-focused retailer reported $1.68 million in profit in the March quarter,…

Hong Kong designers showcased at Arab Fashion Week

Mei Ling Tan May 16, 2019

Fashion Farm Foundation present international program at Dubai. Fashion Farm Foundation has showcased Hong Kong designers in international fashion program HKFG Dubai AW19 during Arab Fashion Week. Two Hong Kong…

Aldi takes Union to court over misleading Commercials

Mei Ling Tan May 16, 2019

Aldi has taken the Transport Workers Union to Federal Court, following what the supermarket claims is a string of false and misleading claims. The TWU has made a number of…

Mobile phone sales drive wireless power market

Mei Ling Tan May 16, 2019

It used to be that wireless charging was a nice-to-have but not got-to-have feature. These days, however, high-end smartphones have started to pick up on the interest and including this…

Esprit’s restructuring shows first Results

Mei Ling Tan May 16, 2019

Esprit’s restructure is beginning to pay off, the company says, despite another quarterly same-store-sales decline. For the three months to March 31, Esprit sales were HK$3.156 billion (US$402.3 million), down…

Puma profit Down

Mei Ling Tan May 16, 2019

Sportswear giant’s sales and profit soar, with China one of its greatest performing markets. Puma is celebrating its “best quarter ever” as sales, gross margin and profit reached record levels.…

NZ dollar slides Again

Mei Ling Tan May 16, 2019

The New Zealand dollar has fallen slightly against the US dollar Tuesday, trading at 66.70 US cents at 0750 in Wellington from 66.79 US cents at 1700 yesterday. The trade-weighted…

Oaktree and Alceon acquire Decor and Willow brands

Mei Ling Tan May 16, 2019

Investment companies Oaktree Capital Management and Alceon Group have made a move into homewares with their acquisition of Marlin Management Services (Marlin Brands), a wholesaler whose portfolio includes Decor and…

Klasse14 Store opens in Japan

Mei Ling Tan May 16, 2019

Timepiece maker Klasse14 has opened a flagship store in Shibuya, Tokyo. The new flagship joins the brand’s more than 350 points of sale in Tokyo, with a design representing the…

Four Bidders shortlisted in Metro China sale

Mei Ling Tan May 16, 2019

Germany’s Metro has shortlisted four prospective bidders for its China business, including two of Mainland China’s largest retail groups. The Metro China sale has been in planning since last September,…

China Helps Hermes to Recover

Mei Ling Tan May 16, 2019

Hermes sales soared 13 per cent last quarter after an especially strong performance across Asia. The French high-fashion luxury-goods manufacturer achieved consolidated revenue for the first quarter of €1.610 billion…

Sephora Hong Kong plans Eight More Store Openings

Mei Ling Tan May 16, 2019

Sephora Hong Kong has confirmed not one, but eight stores in its return to brick-and-mortar retailing in the territory – but shoppers will have to wait until August for the…

Durasport Singapore opens Doors at Jewel Changi

Mei Ling Tan May 16, 2019

Ultra-performance brand Durasport has opened a store at Jewel Changi. Designed by architecture and interiors firm Ministry of Design (MOD), the store resembles a futuristic research and development lab environment.…

5G spending undeterred by economic downturn

Mei Ling Tan May 16, 2019

Fitch Ratings says telecom operators will continue putting money and resources on 5G investments over the intermediate term, even though revenue may materialize gradually. The agency attributes this to “fairly…

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