June 23, 2026

Latest News

Chinese vegan market booming

Chinese vegan market booming

The Chinese vegan market is expected to grow 17.2 per cent between 2015 and 2020 – the fastest growth rate in the world. Global market research company Euromonitor International’s new…
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Hermes Korea buck luxury downturn

Hermes Korea buck luxury downturn

Hermes, the French high fashion brand, has proven to be an exception to the downturn in South Korea’s luxury market, industry officials said last Tuesday. Compared to other luxury brands…
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Pizza Hut Asia to test Pepper the robot

Pizza Hut Asia to test Pepper the robot

Pizza Hut Asia and MasterCard have partnered to bring Pepper, SoftBank Robotic’s humanoid robot, to restaurants by the end of this year to enhance in-store customer service. Pizza Hut Asia…
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BMW cafe says Hello to Korea

BMW cafe says Hello to Korea

A BMW cafe in Korea has opened inside a Lotte department store in Incheon. Lotte Department Store’s Premium Outlet allows visitors to enjoy the BMW motorcycles and related accessories such…
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Richemont Asia stores set for cull

Richemont Asia stores set for cull

Feeling the pinch from a tough trading environment, luxury goods retailer Richemont has announced restructuring measures, including the closure of stores. Richemont Asia sales have declined despite a 26 per…
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Gap Japan to axe Old Navy

Gap Japan to axe Old Navy

Gap Japan will close its 53 Old Navy stores as its parent narrows its focus in Asia. But CEO Art Peck says the company “remains committed” to growing its brands…
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Big C Thailand plans major expansion

Big C Thailand plans major expansion

Berli Jucker Group, the new owners of Big C Thailand, have announced a major expansion plan targeting the regions. Big C Supercenter’s board, now controlled by Berli Jucker Group after…
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