June 18, 2026

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CapitaLand Malls ‘resilient’ to tough times

Mei Ling Tan January 27, 2016

CapitaLand Mall Trust says its portfolio of “necessity malls” has proven resilient to the challenging economic and retail period of the last year. CapitaLand Mall Trust Management (CMTML), the manager…

GE sells appliance business to China’s Haier for $5.4 bn

Mei Ling Tan January 26, 2016

US industrial giant General Electric will sell its appliances business to China’s Haier Group for USD 5.4 billion, it said today, in one of the largest Chinese acquisitions of an…

China, e-commerce bolster Burberry’s sales growth

Mei Ling Tan January 26, 2016

The mobile and e-commerce news from Burberry is an indication that luxury fashion brands can succeed in the space, despite initially struggling to do so. Luxury brands have historically avoided e-commerce due…

China is facing into a period of painful economic adjustments

Mei Ling Tan January 26, 2016

On February 8th, China will celebrate the Year of the Monkey. The monkey is famously a smart, naughty, wily and vigilant animal, and anybody trying to make money in the…

French retail giant AuchanSuper about to enter Vietnam

Mei Ling Tan January 26, 2016

AuchanSuper, a major retail brand of France, is planning to enter Vietnam with the opening of the first store in 2016, according to a recent report on Ho Chi Minh…

Davidoff thinks big as it exercises Bluebell option

Mei Ling Tan January 26, 2016

As expected, Oettinger Davidoff AG has acquired the majority interest in Bluebell Cigars (Asia) Ltd – its long-time Asian distributor – in what is a highly significant strategic move. Bluebell…

CEO stresses value of physical stores, not just e-commerce

Mei Ling Tan January 26, 2016

Electrical goods, information technology and furniture retailer Courts Asia believes that while e-commerce has been gaining popularity, retailers should not neglect their brick-and-mortar operations. The Singapore-based company also sees technology…

Edrington brands shine at DFS Masters event

Mei Ling Tan January 26, 2016

Edrington Asia Travel Retail has sold more than $1.7m-worth of fine and rare bottlings of The Macallan and Highland Park Scotch malt whiskies at DFS Group’s Masters of Wine &…

Thai Central says keen to bid for Casino’s units in Thailand, Vietnam

Mei Ling Tan January 26, 2016

Thailand’s largest retail conglomerate Central Group is keen to bid for Casino Group’s Thai and Vietnam operations, a company executive said. Casino owns 58.6 percent of Big C Supercenter Pcl,…

China on track for a more sustainable economic expansion

Mei Ling Tan January 26, 2016

Investors world-over fear that China could record another worse-than-expected slowdown this year. Over the past two decades, annual GDP growth in China has averaged around an impressive 10 percent, underpinned…

Pavilion REIT Malaysia scores second mall in 2016

Mei Ling Tan January 25, 2016

Pavilion Real Estate Investment Trust’s manager Pavilion REIT Management has agreed to buy the da:men USJ shopping mall from Equine Park Country Resort and Revenue Concept. The RM488 million (US$111.6…

Bossini profit decimated

Mei Ling Tan January 25, 2016

Fast fashion retailer Bossini has warned shareholders its profit for the six months to December 31 will be down by between 80 and 90 per cent. Based on the comparable…

Jalux opens duty-free outlets in Hanoi

Mei Ling Tan January 25, 2016

Japanese travel retailer Jalux has launched its first airport outlets outside Japan, with three stores at Hanoi Noi Bai International Airport in Vietnam. Located in Terminal 2, the stores are…

Tiffany struggles as Mainlanders baulk

Mei Ling Tan January 25, 2016

If Tiffany was hoping for some holiday respite following a year of negative numbers it will be sorely disappointed by its latest results. Indeed, the pace of decline has actually…

H&M Hong Kong plans new flagship

Mei Ling Tan January 25, 2016

A newly built full-concept flagship store for H&M (Hennes & Mauritz) will officially open in Mongkok on January 29. The new H&M Hong Kong store spans three floors at Gala…

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