US accessories and lifestyle label Coach Asia is remodelling its duty-free and travel retail stores to tie in with its new “modern luxury” concept, and is planning further expansion in…
Japanese supermarket giant Aeon has set up a joint venture with a European company to establish an organic supermarket in Japan, to be called Bio c’ Bon Japon. Bio c’…
Footwear label Manolo Blahnik is expanding operations in select Asian markets through a new distribution and retail partnership. Beginning with the autumn/winter 2016 collection, Bluebell Group will be responsible for…
The Victoria’s Secret Beauty & Accessory (VSBA) retail outlets in question are all situated within malls or airports across China, and sell a selection of the brand’s beauty products and…
If your Pizza Hut clerk seems like a robot, you may have stumbled into Singapore and a near future in retail commerce. Before the end of this year, credit card…
It’s already happened to middle-of-the-road stores across high streets and main streets. Now the world’s biggest luxury stores are starting to shutter outlets. The culprit is the Chinese consumer, who…
Google is reportedly in discussions with the Indian government to test its Project Loon in the nation through a four-day pilot program. The company is likely to secure approval for…
Australian operator Telstra has formed a partnership with – and made an investment in – data center and cloud security company vArmour. Under the agreement, investment arm Telstra Ventures has…
The operator will allow its customers to use the mobile payment service to make purchases at M1 Shop outlets and branches. Apple has meanwhile revealed it has extended the reach…
Malaysia-based Axiata Group has reported a 37% slump in net profit for the first quarter ending in March, due in part to higher capex, financing and depreciation costs. Net profit…
Mainland Chinese have toned down their spending, shelling out 1,762 patacas ($220) per person in the first quarter on non-gambling purchases, down almost a third from 2014. That’s bad news…
Thai retailer Central Group said it will put a hold on its acquisition spree in Vietnam, after the recent aggressive expansion in the country, to focus on making profit over…
One of the more significant banking stories of the year is the acquisition of Bank of Tokyo Mitsubishi UFJ (BTMU) of a 20 percent share in a local bank. It’s…
South Korean retail chain Withme FS has started selling ice cream, which it claims can cure your worst hangover. The new product is called Gyeondyo, which can be translated as…
KITCHEN Shop received the Global Innovation Award 2015 for Retail Excellence held in Chicago, making it the first global recipient from Malaysia. This also makes Kitchen Shop the first speciality…
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