June 27, 2026

Latest News

Lotte to launch Lotte.vn in Vietnam

Mei Ling Tan October 27, 2016

Korean retailer Lotte is entering the Vietnam eCommerce market with Lotte.vn after six months’ preparation. By launching its first online shopping website on October 28, the Korean retailer is expecting…

Sa Sa profit drop looms

Mei Ling Tan October 27, 2016

Sa Sa profit is expected to fall 35 to 45 per cent for the six months ended September 30. The Hong Kong-based cosmetics retailer has issued a profit warning, citing…

Tokyu Hands opening third Singapore store

Mei Ling Tan October 27, 2016

Japanese department store Tokyu Hands plans to boost its overseas sales, which now contribute 1 per cent of overall sales. Overseas income for its latest year totalled about 800 million…

Penang outlet mall Design Village about to launch

Mei Ling Tan October 27, 2016

Penang will gain its first premium outlet mall, Design Village, next month. In Batu Kawan in mainland Penang, it will be the biggest outlet mall in Malaysia. It was developed…

Why Apple China is struggling

Mei Ling Tan October 27, 2016

Apple’s sales decline is slowing – but there are several reasons why it is doing so badly in China… While the iPhone 7 has not been out long enough to…

‘Astonishing growth’ for Chinese FMCG market

Mei Ling Tan October 27, 2016

The Chinese FMCG market online has shown “astonishing growth” according to a report by global consulting firm OC&C Strategy Consultants. In 2010, the market was worth just US$1.4 billion –…

Hokkaido Baked Cheese Tart heads to Australia

Mei Ling Tan October 27, 2016

Food enterprise ST Group has launched Japanese-style Hokkaido Baked Cheese Tart outlets in Australia. Using a traditional recipe involving three cheeses from Japan’s dairy heartland of Hokkaido, the tarts have…

Sales edge up for L’Occitane International

Mei Ling Tan October 27, 2016

Group net sales grew by 1.3 per cent for cosmetics and wellbeing products retailer L’Occitane International for the six months ended September 30 This figure was at constant exchange rates,…

Can This British Retailer Conquer China?

Mei Ling Tan October 26, 2016

New Look, a fast-fashion retailer bearing a striking similarity to Forever 21, is aiming to boldly go where many chains have gone before but few have succeeded. The British retailer’s…

Manhattan Trumps Hong Kong as World’s Most Expensive Retail Market`

Mei Ling Tan October 26, 2016

CBRE’s semiannual Global Prime Retail Rents Report found that prime retail rents grew 3.7 percent globally in the second quarter of 2016 from a year earlier, buoyed by consumer confidence…

Samsung to roll out Blue Coral Galaxy S7 edge 4G+ in Singapore, US

Mei Ling Tan October 26, 2016

We’re taking a break from the Note 7 fiasco. Samsung seems to be refocusing its energies in other products and services because really, the damage has been done already. We…

Can’t do without your mobile device? You’re not alone

Mei Ling Tan October 26, 2016

Market research agency Nielsen on Monday says that some 54% of Singaporeans cannot imagine life without their mobile devices and 48% feel anxious without them. In addition, Nielsen found…

High street rents go, well, sky-high

Mei Ling Tan October 26, 2016

Current retail thinking that the high and the low ends are driving the industry has gotten a boost from CBRE Group. High street rents are off the charts worldwide, according…

Digital coupons to grow 60% by 2021

Mei Ling Tan October 26, 2016

The number of coupons issued via mobile and online channels will grow by more than 60% over the next five years, reaching 362 billion in 2021 Juniper’s latest research shows.…

Xiaomi launches smartphone with ultrasound sensor

Mei Ling Tan October 26, 2016

Chinese handset maker Xiaomi has launched a new smartphone that uses technology allowing the vendor to push the screen all the way to the top edge of the device. The…

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