June 19, 2026

Latest News

Alibaba to focus on China’s biggest cities

Mei Ling Tan January 12, 2016

Alibaba Group CEO Daniel Zhang has laid out the eCommerce giant’s strategic direction for 2016, saying Alibaba will be looking to grow its already large operations in China’s biggest cities.…

First Brookstone store China opens

Mei Ling Tan January 12, 2016

US specialty retailer Brookstone has opened its first overseas store in one of the largest shopping centers in Nanjing, China. First-day sales far exceeded expectations for the new outlet, says…

Seoul retail rents fuelled by food frenzy

Mei Ling Tan January 12, 2016

In the backstreets of Seoul, hipster culture is flourishing, and specialist cafés and eateries are jostling with big brand names to gain exposure in so-called “hot” neighborhoods. And as the…

Max Brenner Korea launches

Mei Ling Tan January 12, 2016

Max Brenner “the baldy man” has opened its first stores in Japan and Korea as it expands its Asian footprint. The first Korean store (pictured) was opened quietly in Seoul…

MasterCard to take payments by wearable devices

Mei Ling Tan January 12, 2016

MasterCard and secure payments company Coin have teamed up to make the credit card available for buying a wide range of fitness bands, smartwatches and other wearable devices. This collaboration…

Meal kits: a US$1 bn market disruptor

Mei Ling Tan January 12, 2016

A niche market has started disrupting food consumption norms, according to a new research in the US. The global “meal kit” market has topped $1 billion and is positioned to…

Valentino Singapore opens Marina Bay Sands boutique

Mei Ling Tan January 12, 2016

Italian luxury fashion brand Valentino has opened its second and largest store in Singapore, at Marina Bay Sands. The 341 sqm store Palazzo concept was developed in partnership with the…

Snapcart docket scanning concept wins funding

Mei Ling Tan January 12, 2016

An Indonesia-based startup that runs a service offering consumers rewards in exchange for scans of their shopping receipts has received US$1.675 million in funding just four months after launching. New…

LVMH’s L Capital in PE merger deal

Mei Ling Tan January 12, 2016

In a marriage of high fashion and finance, a new partnership is being formed by luxury products company LVMH with two equity firms, Catterton and Groupe Arnault. They have agreed…

CNBC, Trans Media partnership; Government to study Netflix impact

Mei Ling Tan January 11, 2016

US basic cable, internet and satellite business news television channel CNBC and PT Trans Media Corpora announced a strategic partnership in Indonesia. Meanwhile, the government has indicated that it will study possible impact…

PT Trans Media Corpora & CNBC to Launch “CNBC Indonesia”

Mei Ling Tan January 11, 2016

PT Trans Media Corpora and CNBC have agreed a strategic partnership that will culminate in the launch of CNBC Indonesia. The service, which will be based in Bahasa, Indonesia, will…

Lion group to receive 44 aircraft

Mei Ling Tan January 11, 2016

Lion Group will procure 44 aircraft this year for the airlines under its operations, including Lion Air, Wings Air, and Batik Air, Edward Sirait, its president director, stated here on…

Largest Licensing Show and Conference Open in Hong Kong

Mei Ling Tan January 11, 2016

The world’s leading licensors have gathered at the Hong Kong Convention and Exhibition Centre (HKCEC) for the 14th Hong Kong International Licensing Show and fifth Asian Licensing Conference which opened…

Jewellery retailers bearish on sales for CNY holiday

Mei Ling Tan January 11, 2016

Retailers Chow Sang Sang and Seng Fung both reckon the fall trend in jewellery sales seen in 2015 will last until the upcoming holiday The fall trend seen in jewellery…

2015 ends well for private sector in Singapore

Mei Ling Tan January 11, 2016

Last December proved another positive month for the private sector, with overall business and operating conditions holding up. The Nikkei purchasing managers’ index (PMI), which is a proxy for business…

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