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Global luxury goods sales drop: Bain

New data from Bain & Company shows global luxury goods sales will struggle to maintain growth, as the US-Sino trade

Jeju Air inks $4.4 billion deal to purchase 40 new planes

Jeju Air, Korea’s biggest budget carrier by sales, said, on Tuesday, that it inked a $4.4 billion deal for 40

Korean lifestyle brand Mumuso enters Indian market

East Asia’s affordable lifestyle brand Mumuso has announced its expansion plans in Kolkata while opening its first store. Mumuso is eyeing the Indian market

Thailand: fourth-most-profitable global tourism destination

According to the UN World Tourism Organization, Thailand outranks every other nation in Asia when it comes to tourism spend. Last year,

Vietnam’s first private airport set for Christmas launch

Vietnam’s first private airport near the world-renowned Ha Long Bay is getting finishing touches for a Christmas day opening. The

China’s 300-billion Daigou business: What’s next after the government crackdown?

As aftershocks of the clampdown on Daigous continue to reverberate through the luxury shopping community in China, e-commerce platforms are

Reliance to open Pottery Barn in India

Williams-Sonoma and Reliance Brands plan to launch Pottery Barn and West Elm in India through a franchise agreement. The opening

Why you should adopt more diverse influencers?

Diversity, or lack thereof, is at the forefront of fashion industry discussions, with runways and advertising campaigns constantly—and rightly—scrutinised. Less

Indonesia’s Garuda Shares Soar on News of Sriwijaya Deal

National flag carrier Garuda Indonesia’s share price surged 19 percent on Thursday after the airline said it had taken over operational

Xtep Sports opens sportswear store in India

Hong Kong-headquartered Xtep Sports has opened its first Indian flagship store, in Bengaluru. The Xtep group, which specialises in footwear

Semen Indonesia Snaps Up LafargeHolcim Unit to Bolster Market Lead

Cement maker Semen Indonesia is buying the local unit of Swiss rival LafargeHolcim for around $917 million, as it seeks to extend

Matching mom-and-daughter outfit is a new trend

The luxury childrenswear market is forecast to reach $6.6 billion in 2018, up by 3.8 percent year-on-year, presenting ample growth

BreadTalk Opens New Concept Store In KL

Boutique bakery franchise BreadTalk Malaysia has opened a new concept store in Kuala Lumpur’s Avenue K Shopping Mall. The new

Malaysia Aviation appoints Philip See as Firefly CEO, as Ong out

Malaysia Aviation Group (MAG) has appointed Philip See as the new CEO of Firefly, effective Jan 1, 2019. Philip will

Who is Hong Kong’s new luxury shopper?

As one of Asia’s leading retail hubs, Hong Kong has long been a mecca for luxury shoppers. Despite being home to APAC’s

Ikea to open first Japanese Tokyo store in 2020

Ikea Japan is preparing to open its first central Tokyo location. The 2500sqm store is planned for the fashionable Harajuku

LG U+ IPTVs get Netflix in Korea

Netflix content will be available on LG U+ internet protocol TVs (IPTV) today. Under an exclusive IPTV deal inked with

Hanoi revives $500 million horse racing, entertainment complex

A $500 million complex including horse racing in Soc Son District is off the shelf after 10 years. Hanoi authorities

Number of Cinema Screens in Indonesia Expected to Double Over Next 3 Years

The head of the Creative Economy Agency, or Bekraf, said he expects the number of cinema screens in Indonesia to

“Falling Stars Challenge” has striked Asia

The Falling Stars Challenge, a meme that has rocketed through Asia, features people posing as if they’ve fallen out of

Vaping Maker Juul Sounds Out Asia for Expansion

United States-based Juul Labs is exploring selling its compact vaping devices in Asia and has sounded out government officials in

Tencent closed to buy sports firm Amer

Social media conglomerate Tencent Holdings is believed to be close to joining a Chinese investment group bidding to acquire Finnish

J.Crew’s CEO Jim Brett is leaving the firm

J.Crew chief executive Jim Brett is exiting the company, the retailer said, and a committee of four executives will step

Korea’s gas prices fall quickly thanks to fuel tax cuts

The government fuel tax cut, which was implemented to ease the burden on rising crude oil prices, has turned out

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