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Luxury-brand in China rising from grave

Luxury-brand in China rising from grave

Mei Ling Tan December 9, 2016
Luxury-brand sales are reviving in mainland China, with Macau paying the price. As China’s currency depreciates, the narrowing price gap is keeping mainland luxury shoppers at home, further contributing to…
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Ralph Lauren Hong Kong closes flagship

Ralph Lauren Hong Kong closes flagship

Mei Ling Tan December 9, 2016
Following other international fashion labels, Ralph Lauren Hong Kong has closed its flagship store. Four years ago, its then CEO Ralph Lauren said the company was transforming its presence in…
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Alipay reaches Australian stores

Alipay reaches Australian stores

Mei Ling Tan December 9, 2016
Innovative Australian payments provider Quest Payment Systems is launching Alipay in Australian stores. Its collaboration with Alipay, the world’s largest mobile and online payment company, will make it easy for…
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44 BKK outlets moving ownership

44 BKK outlets moving ownership

Mei Ling Tan December 9, 2016
Bangkok-based IT chain store Com7, under the Banana brand, has taken over 44 BKK outlets from Bangkok Telecom 999. The TB184 million (US$5.1 million) deal is a bid by Com7…
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China drives Ikea growth

China drives Ikea growth

Mei Ling Tan December 9, 2016
China has been cited as one of the major contributors to a year in which Ikea’s profits surged 19.6 per cent. Ikea growth was strongest in China, while the company’s…
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MasterCard Myanmar issues travel card

MasterCard Myanmar issues travel card

Mei Ling Tan December 9, 2016
MasterCard Myanmar and CB Bank have announced their first payment product, a prepaid travel card. The CB Bank Easi Travel Prepaid MasterCard is reloadable and is designed for Myanmar residents…
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Shinsegae support for handcraft market

Shinsegae support for handcraft market

Mei Ling Tan December 9, 2016
Shinsegae Duty Free has launched Han Soo, an open space where visitors can experience and buy Korean traditional handcrafted items, at Mesa Building mall in Seoul’s shopping district of Myeongdong.…
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Gucci Roppongi designed by Gucci

Gucci Roppongi designed by Gucci

Mei Ling Tan December 8, 2016
Just opened, Gucci Roppongi in Tokyo is the first-ever Japanese flagship store designed by Alessandro Michele, the Italian fashion brand’s creative director. Covering 228 sqm, the store is in Westwalk…
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Pizza Hut China debuts robot waiters

Pizza Hut China debuts robot waiters

Mei Ling Tan December 8, 2016
Pizza Hut China has jumped on the robot restaurant bandwagon with its latest Shanghai outlet featuring two robot waiters. On the basement floor of the new Shanghai Tower, which as…
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Changed deal as McDonald’s Corp sells

Changed deal as McDonald’s Corp sells

Mei Ling Tan December 8, 2016
While finalising a buyer for its China and Hong Kong stores, McDonald’s Corp has decided to keep a “significant” minority stake. The US fast-food chain has picked a consortium led…
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