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Tag: Australia

Retail Asia02/08/2019
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General

Instagram tests hidden like counts in Australia

4min0
Some Instagram users in Australia are no longer able to see exactly how many likes other users’ posts have received, after the social media platform expanded a test to hide like counts to more countries today. Instagram has been testing hidden like counts in Canada for the past 2.5 months, and on Thursday, the platform […]
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Retail Asia01/08/2019
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General

Craveable Brands bought by Hong Kong private equity company

2min0
A Hong Kong-based private equity company has bought out restaurant operator Craveable Brands as the Australian company steps up its foray into Asia. PAG Asia has paid an undisclosed amount to acquire the business from Archer Capital and other minority shareholders. Craveable Brands owns the Red Rooster chain of fried chicken fast-food restaurants and Oporto, […]
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Retail Asia30/07/2019
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Food

Australia’s Oporto to open 24 stores in Vietnam

1min0
Restaurant chain Oporto has launched in Vietnam under local franchisee Ben Thanh Group, with plans to open 24 restaurants across the territory in the next 10 years. The brand’s CEO Craig Tozer indicated the Vietnamese expansion provides a further gateway to a new market of potential consumers. “Vietnam is an ideal market for Oporto with […]
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Retail Asia30/07/2019
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General

Canberra Airport announces new retail partners

4min0
Canberra Airport is overhauling its terminal retail offering, with construction set to begin on more than 1000sqm of new shops in the coming months. On Friday, the airport announced Airport Retail Enterprises (ARE) has been awarded the food and beverage component of the new terminal retail, and Australian Way Pty Ltd (AWPL) has been awarded […]
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Retail Asia26/07/2019
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General

Dyson opens Beauty Lab in Sydney

3min0
On Wednesday, Dyson opened its first ‘Beauty Lab’ in Australia, where customers can book hair styling appointments, drink prosecco and try out and buy the company’s extremely popular hair products. Located in Sydney’s Queen Victoria Building, the store marks a shift from the wholesale and e-commerce channels the company has traditionally relied on. While Dyson […]
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Retail Asia24/07/2019
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Fashion

Uniqlo opens another Australian store

1min0
Fast fashion retailer Uniqlo said it will open its 20th store in Australia on July 4 at Northland Shopping Centre. The new store, set in 888sqm of retail space, will take the retailer’s store count in Victoria to eight. According to the Japanese retailer, the Uniqlo Northland store will feature the brand’s LifeWear apparel for […]
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Retail Asia19/07/2019
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General

Thai AirAsia X begins new service to Brisbane

3min0
Thai AirAsia X has started its newest service from Bangkok to Brisbane, with the first arrival touching down at 11:46 am local time on Wednesday. This marks the first AirAsia service to Brisbane Airport. The aircraft received a water salute on arrival, courtesy of the airport’s fire and emergency service. The route is operated by […]
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Retail Asia19/07/2019
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General

AuMake sees online sales growing

2min0
Online sales now make up 30 percent of AuMake’s total sales, and they are continuing to grow. The daigou business announced its unaudited FY19 earnings in an investor presentation on Thursday, reporting an estimated $40-45 million in revenue for the year. That’s more than double the revenue it generated in FY18 of $21 million. The […]
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Retail Asia18/07/2019
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Fashion

Maxi-Cash opens its first LuxeStyle outlet in Australia

2min0
Singaporean pawnbroker Maxi-Cash has opened its first Australian LuxeStyle boutique. Located in downtown Melbourne, the flagship boutique offers a variety of pre-loved luxury timepieces, designer leather bags and branded jewellery, including gold, diamonds, precious stones and pearls. Shoppers can expect to find luxury items that are handpicked under the “strictest inspection to ensure authenticity and […]
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Retail Asia04/07/2019
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Do It Yourself

Bunnings to have full e-commerce offer by Christmas

2min0
Bunnings managing director Michael Schnieder has announced he expects the homewares and DIY retailer will have its e-commerce operations online and fully operational nationwide before Christmas 2019. The business has trialled a more limited online offering in select locations, but has previously stated it would roll-out a more robust offering by September 2020. “We believe […]
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Retail Asia03/07/2019
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General

Target sales sagging further for Wesfarmers

5min0
Wesfarmers says full-year earnings from its department stores could fall by as much as $103 million after sales at the struggling Target chain fell by 2.3 per cent so far in the second half. The Perth-based conglomerate, which reports its full-year results on August 27, says Target’s comparable sales for the five months to May […]
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Retail Asia01/07/2019
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General

AirAsia Offers Cheap Perth to Lombok Flights

3min0
AirAsia has launched a four-times-a-week service between Perth and Lombok, with the inaugural flight touching down on Sunday night. With fares starting at just $99 one way, the flights are set to be popular with Aussie tourists keen to sample the destination known as “the new Bali”. Dendy Kurniawan, AirAsia Indonesia CEO, said the flights […]
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Retail Asia01/07/2019
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Finance

Australian dollar strengthens again

4min0
The Australian dollar has risen Wednesday, buying 69.62 US cents from 69.55 US cents on Tuesday. The local currency was on the back foot yesterday as its US counterpart continued to benefit from the trade truce with Mexico, even as Washington kept up the war of words with China. The Aussie was pinned at 69.56 […]
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Retail Asia01/07/2019
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E-Tailing

Booktopia expires crowdfunding plans

3min0
Booktopia has pulled out of plans to raise $10 million from customers and everyday Australians after struggling to reach its minimum goal for investment. The business announced last year that it was looking to raise at least $3 million and up to $10 million through the crowdfunding platform Equitise. At the time, it was publicised […]
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Retail Asia01/07/2019
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General

Wesfarmers to purchase Catch Group

3min0
Australian retail conglomerate Wesfarmers has entered an agreement to acquire Catch Group for $230 million. Should the deal be cleared by the Australian Competition and Consumer Commission, the online marketplace will continue to operate as an independent business unit under the leadership of Kmart Group managing director Ian Bailey. Bailey noted Catch has built a […]
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Retail Asia27/06/2019
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General

Singapore Airlines adds another Airbus A350 to Perth

2min0
Singapore Airlines is continuing its rolling upgrade of flights to Australia, with Perth set to see a second Airbus A350 from July 1, 2019. The advanced jet, which boasts Singapore Airlines’ latest flat-bed regional business class seats in what the airline calls a ‘medium-range’ configuration, will slot into daily flights SQ214 (departing Perth at 5.10pm) and SQ223 (wheels […]
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Retail Asia27/06/2019
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Living

ACCC checks APRA’s “near-monopoly” on music licences

3min0
The Australian Competition and Consumer Commission (ACCC) wants to enforce stronger conditions on the Australasian Performing Right Association (APRA), after questions have been raised about its transparency. The changes could lead to lower fees for businesses using APRA’s music licences Australia-wide. APRA holds the performing rights for the majority of music played or performed in […]
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