Category: Living

Retail Asia19/12/2018
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4min0
Popular boy band BTS’s annual economic value is estimated at over 4 trillion won ($3.5 billion), making it more lucrative than a medium-sized company. The group’s annual production inducement effect, which refers to the value generated in related industries, is estimated at around 4.1 trillion won, according to a report by Hyundai Research Institute (HRI) released […]

Retail Asia19/12/2018
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3min0
A heritage cafe has been built into the hereditary foundations of a century-old South Korean courtyard house (hanok) in Seoul. J Hidden House cafe opened its doors in the fashion and shopping mecca of Dongdaemun this month, following Seoul’s continued efforts to develop as a trend-setting, global tourist destination. Situated within a spacious 300sqm secluded […]

Retail Asia19/12/2018
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2min0
Fashion and home furnishings brand Laura Ashley will close 40 stores in the UK as it prepares to expand into the Chinese market. The firm has already gone through a round of 40 closures since 2015 against flagging interest from British consumers, which has seen a reported 14 shops closing every day in the territory. […]

Retail Asia18/12/2018
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4min0
Nguyen Thi Phuong Thao is in Bloomberg’s list of 50 people who’ve been business game changers in 2018. Thao is the first Vietnamese citizen to be named in the Bloomberg list, which highlights key players in all fields, from finance to fashion, media to manufacturing, banking to biotech, politics to philanthropy, entertainment to energy. The founder and […]

Retail Asia18/12/2018
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2min0
ondon-based high-end furniture and home furnishing store chain The Conran Shop will open its first South Korean outlet in the second half of next year in partnership with the country’s leading department store chain Lotte Department Store. Lotte Department Store said on December 13 it has signed a contract to run Korean stores of The Conran Shop […]

Retail Asia18/12/2018
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4min0
Kakao Mobility announced las week that it would postpone the official launch of its carpooling service after a week of fierce protests from the local taxi industry. The Kakao affiliate started offering a beta version of the service last Friday that was made available to a randomly selected pool of users nationwide. On the same […]

Retail Asia18/12/2018
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10min0
Amazing Thailand Countdown 2019 at ICONSIAM is a truly amazing event of the country with a great collaboration of entities from the public and private sectors and surrounding communities to organize a New Year Celebration in a scale never before seen along the Chao Phraya riverside, the place that has become the NATIONAL ICONIC LANDMARK […]

Retail Asia17/12/2018
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2min0
Demand for party supplies from South Korean retailers is soaring as a growing number of people prefer to host end-of-year celebrations at home instead of going out. According to E-Mart, wine and cake sales at six stores in Daegu last month soared 18.9 per cent and 16.1 per cent, respectively, year on year. Frozen foods […]

Retail Asia17/12/2018
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6min0
Ride-hailing firm Grab has asserted that it did not breach Vietnam’s competition laws, contesting authorities’ definitions and interpretations. The assertion was a response to the Ministry of Industry and Trade, which said Wednesday that it had evidence that Grab’s acquisition of Uber violated Vietnam’s Competition Law . In a statement released Thursday, Jerry Lim, country head of […]

Retail Asia17/12/2018
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9min0
In its fourth year of running a top employers list for France, Glassdoor has seen several companies — like Thales and Airbus — make a reappearance over the years. This December however, the company that’s been hailed as the best place to work for 2019 is a newcomer to France’s list: fashion designer Hermes. It’s fair to say […]

Retail Asia17/12/2018
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1min0
Scandinavian furniture and homewares brand Jysk has launched its first store in Thailand with local franchise partner Boonthavorn Group. Located in a Ratchapruk shopping centre, the opening is the first of a planned six Jysk Thailand stores, with 30 anticipated to open within five years. A flagship and a small subway station outlet are among […]

Retail Asia17/12/2018
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2min0
Southeast Asian musical instruments retailer Swee Lee Music has opened a refurbished flagship in Malaysia. The 4995sqft location in Lot 10 Mall is Swee Lee’s 15th store in the region, and one of three in Malaysia. Beyond its range of instruments, the store sells vinyl records and curated lifestyle products, and has partnered with second-hand […]

Retail Asia13/12/2018
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1min0
Malaysia Airlines announced the rebranding of its First Class cabin to Business Suite offering passengers new levels of luxury with ample cabin space and privacy. “The new Business Suite was introduced in response to the growing demand of our guests. Our target is to enable the frequent flyer, looking for enhanced comfort, to now be […]


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