Category: Living

Retail Asia17/09/2018
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3min0
Danish toymaker Lego Group said it plans to ramp up its China retail rollout, with two new flagship stores poised for Shanghai and Beijing by mid-2019. The Copenhagen-based Lego, which recorded double-digit revenue growth in China in the first half of the year, said a new store is slated for Shanghai as soon as this […]

Retail Asia17/09/2018
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2min0
Fung Retailing’s battle with the administrators of bankrupt Toys R Us has ramped up, with the latter company filing an injunction request in US courts this week. The Hong Kong company is working to protect its first-right-of-refusal clause on acquiring shares in the Toys R Us Asia business, beyond its existing 15 per cent cornerstone […]

Retail Asia13/09/2018
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1min0
Lego China to accelerate its expansion following double-digit revenue growth in the first half of this year. The toy maker and retailer will open two new flagships in Beijing and Shanghai respectively within the next few months. Lego’s first mainland flagship launched at the Shanghai Disney Resort two years ago, and the company hopes to […]

Retail Asia12/09/2018
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2min0
AirAsia Malaysia has been officially recognised as an International Air Transport Association (IATA) Operational Safety Audit (IOSA) registered operator, following the completion of the IOSA audit. AirAsia Malaysia is the third airline within AirAsia Group to achieve IOSA accreditation, after AirAsia X Malaysia in 2014 and AirAsia Indonesia last month, it said in a statement […]

Retail Asia12/09/2018
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3min0
Grab announced on Tuesday its partnership with Vietnam’s MOCA Technology and Service company (Moca) for a mobile payment service in Vietnam. The ride-hailing firm pushes to cement its position in the Southeast Asian country. Grab has made digital payments and financial services a significant part of its growth strategy in the region, where a chunk […]

Retail Asia12/09/2018
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2min0
Ikea Japan says it plans to expand its store network into city centres after the success of its  large-format stores in outskirt locations. Ikea Japan K.K. president Helene von Reis said in an interview that the company will open “many shops in Tokyo” given the city’s size. “Then we will move into Osaka. We have to […]

Retail Asia11/09/2018
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3min0
Indonesian ride-hailing and online payment company Go-Jek said on Tuesday (04/09) that it will partner with three peer-to-peer lending firms as the startup looks to expand its financial technology services in Southeast Asia’s biggest economy. Go-Jek, whose backers include Google and China’s Tencent Holdings, has grown rapidly since launching eight years ago in Indonesia, a country with […]

Retail Asia08/09/2018
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2min0
Kumho Asiana Group announced a personnel shift on Friday, with Han Chang-soo, head of Asiana IDT, an information and communication technology unit of the airliner group, being appointed as the new president of Asiana Airlines. Park Se-chang, a third-generation member of the Kumho Asiana founding family, succeeded Han as head of Asiana IDT. Park is […]

Retail Asia08/09/2018
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7min0
Upscale Vietnam hotels are struggling to hire and retain skilled staff, as even those with hospitality training switch careers. Nguyen Huu Tho, chairman of Vietnam Tourism Association, estimated a 40 percent staff shortage in the hospitality industry. The hospitality industry is booming as tourist arrivals increase year after year and hotels spring up all over […]

Retail Asia07/09/2018
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2min0
Swedish fashion label H&M is launching an outlet at the Homeplus Bucheon hypermarket in South Korea. The brand’s 29th Korean store, located to the West of Seoul, will open on September 20 and is its first hypermarket venture in the territory. The company’s first store inside a hypermarket marks a significant strategic step away from […]

Retail Asia07/09/2018
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4min0
The 26km Hong Kong section of the Guangzhou-Shenzhen-Hong Kong Express Rail Link is set to debut on September 23, forecasting 80,100 passengers daily. The cross-border service will link the city to 44 destinations on mainland China. Last weekend, 20,000 people who obtained tickets last week were poised to catch a first glimpse of the station. […]

Retail Asia07/09/2018
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2min0
Tesco Extra has resurfaced a store car park using the equivalent weight of 225,000 plastic carry bags, saving 900kg of plastics going to landfill. The partnership with plastic road company MacRebur, is part of a broader Tesco initiative to improve its sustainability record, including looking for ways to reuse waste plastic, reduce carbon and promote […]

Retail Asia06/09/2018
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3min0
Java Mountain Coffee, a Jakarta-based social enterprise advocating for sustainable coffee farming, has called on the hospitality industry in Bali to avoid using plastic and aluminum coffee capsules in a bid to reduce pollution. Coffee capsule usage has grown five times faster than growth in coffee consumption globally between 2011 and 2016, Java Mountain Coffee said, […]

Retail Asia06/09/2018
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2min0
Italian leather and fabric upholstery brand Nicoletti Home has partnered with Chinese manufacturer/retailer Manwah to establish a retail network of 50 stores throughout the mainland. Nicoletti Home already has a strong Asian presence in Hong Kong, Indonesia and Korea. Manwah will be directly responsible for managing the stores under a franchise agreement, targeting upscale customers. […]


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