June 24, 2026

Latest News

Clevo to sell properties in China

Clevo to sell properties in China

Clevo will sell office space and residential units of its IT and consumer electronics retail chain Buynow in China and is poised to float REIT (real estate investment trust) certificates…
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Descente China marching across mainland

Descente China marching across mainland

Sportswear maker Descente China plans to open 100 retail stores under its own name before March 2019. Unlike the 500-odd boutique stores with swimwear and golf goods being run already…
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Drone deliveries now possible in Korea

Drone deliveries now possible in Korea

Flying drones for business will become legal in South Korea from next month, allowing the possibility of drone deliveries. Laws about drone flights have been revised by the Ministry of…
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Habitat Thailand thriving on return

Habitat Thailand thriving on return

A decade after its first aborted foray into Thailand, UK-founded furnishing and homewares retailer Habitat is thriving in Bangkok. Habitat Thailand has just opened what – for the time being…
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China online payments tightened

Service providers and their millions of users are affected by a significant regulatory change to China online payments announced by the Chinese Central Bank. From July 1, third-party online payment…
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Burberry COO steps down

Burberry COO steps down

Burberry COO John Smith has announced his resignation from the luxury retailer. The UK company said in a statement that Smith will leave the business next year after seven years…
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Critics slam Miniso for Japanese image

Critics slam Miniso for Japanese image

Controversies continue to hound Miniso, a retail chain in mainland China that projects the image of a Japanese fashion brand. Critics have accused it of piggybacking on Japanese retail giants…
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LeEco India moves into stores

LeEco India moves into stores

Chinese internet and ecosystem conglomerate LeEco India has ventured into the offline retail space to expand its consumer base in an increasingly competitive market on the sub-continent. It has started…
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Will Lotte Chairman Shin Dong-bin be questioned?

Will Lotte Chairman Shin Dong-bin be questioned?

A series of prosecution probes on alleged embezzlement and malpractice in subsidiaries of Korea’s retail giant Lotte Group hints that the nation’s fifth-largest family-controlled conglomerate’s chairman Shin Dong-bin may be…
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