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Tag: Australia

Retail Asia24/06/2019
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Fashion

Australian brand house Gazal bought by PVH

3min0
PVH has finalised the acquisition of Gazal Corporation, the Calvin Klein and Tommy Hilfiger-owner’s long-term partner in Australia, showing an increased commitment to the region. The acquisition gives PVH ownership of the Calvin Klein, Van Heusen, Nancy Ganz, Pierre Cardin, Fred Bracks, and Paramount brands in the region, and supports the group’s strategy to have […]
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Retail Asia20/06/2019
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Living

7-Eleven opens Cassier free Checkout in Australia

5min0
7-Eleven Australia has removed the physical checkout from the store at its head office in Melbourne. Now, customers there can pay only via mobile app. Located in Melbourne’s inner suburb of Richmond, the store provides a more enjoyable and convenient shopping experience, 7-Eleven said, with more space and no queues. “Nobody likes to wait, so […]
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Retail Asia20/06/2019
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General

Myer keeps Westfield Belconnen store Open

3min0
Myer has announced it will keep its Westfield Belconnen, ACT store open, after stating in 2017 that it would close this year, due to a new lease agreement with Scentre Group. The agreement will see the stores’ scope narrowed, dropping from 3 floors to 2, over 12,000sqm of retail space and will be refurbished with […]
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Retail Asia19/06/2019
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Logistics

Online retail grew 24 percent in 2018 for AusPost

3min0
Australians spent $27.5 billion online in 2018, 24 per cent more than they spent in 2017, according to Australia Post’s annual Inside Australian Online Shopping Report. Australia Post general manager for parcels and express services Ben Franzi said the report showed that 7.6 million Australian households (or 73 per cent of all households) shopped online last […]
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Retail Asia18/06/2019
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Telecom

AU Optronic signs Taiwan’s first sustainability-linked loan

2min0
DBS Bank Taipei Branch signed a three-year, TW$2 billion ($63.5 million) sustainability-linked loan with AU Optronics – an optoelectronic solution and LCD-LED manufacturer. Under the terms of the conditions, the interest rate will be based on the manufacturer meeting sustainability performance targets. DBS Bank Taiwan general manager Lim Him Chuan said that there is a […]
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Retail Asia11/06/2019
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Telecom

Optus expanding 5G fixed wireless service

2min0
Australia’s Optus has announced plans to expand its 5G fixed wireless service to more areas of the country by the end of the month. The wholly-owned Singtel subsidiary announced that by the end of the month, it will deploy 5G in three more communities in the state of New South Wales, one in the Australian […]
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Retail Asia11/06/2019
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Telecom

Telstra to launch HTC 5G Hub next week

3min0
Australian operator Telstra has is taking pre-orders for what it is calling the country’s first 5G mobile device. The HTC 5G Hub will be available in Telstra stores from next Tuesday. The HTC 5G hub is a 5G and 4GX (LTE-Advanced) media hotspot designed for both enterprise and consumer use. The hotspot can support up […]
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Retail Asia10/06/2019
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Food

Coles targets health-conscious Aussies with private label

2min0
Supermarket giant Coles is targeting the 40 percent of Australians seeking healthier food choices with the launch of a new private label health food range. Wellness Road aims to provide customers with  “uncomplicated, nutritionally balanced” options to make meals more nutritious. The new range comprises 28 products including organic foods, seeds, flour, grains, noodles, and […]
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Retail Asia07/06/2019
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Finance

Australian dollar strengthens

3min0
The Australian dollar has risen Friday, buying 68.88 US cents, from 69.13 US cents on Thursday. Australia’s unemployment rate rose in April to the highest in eight months while full-time jobs fell, ABS data showed on Thursday, cementing views the central bank may be forced to lower rates soon to stimulate the economy. Yesterday, the […]
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Retail Asia07/06/2019
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Fashion

Fendi Open Flagship Store in Queensland

2min0
Italian fashion house Fendi unveiled its first flagship store in Queensland on Thursday, becoming the latest in a series of global luxury brands to set up shop in the Sunshine State. The store, located in Vicinity Centres’ QueensPlaza shopping center in Brisbane, features high-end details such as stone walls, marble inlay and gold accents throughout. […]
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Retail Asia06/06/2019
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E-Tailing

Amazon accelerates Australian Online Fashion Offerings

4min0
Amazon Australia has been connecting with fashionistas in Sydney this week, where thousands of designers, retailers, celebrities and fans have gathered to see the latest looks at the Mercedes-Benz Fashion Week Australia (MBFWA). As an official sponsor of the event, along with the likes of Moet & Chandon, Swarovski and Superga, Amazon has built an […]
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Retail Asia04/06/2019
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Finance

Australian dollar slides Again

3min0
The Australian dollar has fallen Tuesday, buying 69.45 US cents from 69.75 US cents on Monday. Yesterday, the local currency lost ground as the stalemate in Sino-US trade talks clouded the outlook for the Asian giant in its demand for resources. The Aussie dollar slipped 0.4 percent to 69.75 US cents on Monday and ever […]
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Retail Asia29/05/2019
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E-Tailing

EBay still dominates online shopping in Australia

3min0
Australian consumers largely prefer to use international online marketplaces, despite increasing investment by local retailers in the space, according to new data from discounts platform CupoNation. According to the data, four out of the top five most visited retail websites in Australia were dominated by international and domestic offers by US-based retailers eBay and Amazon. […]
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Retail Asia29/05/2019
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E-Tailing

JD.com Closes Australian branch Store

2min0
Chinese online marketplace JD.com has closed its local branch after only 15 months in the market. The e-commerce giant launched its Australian office in Melbourne in February 2018, after its competitor Alibaba opened an office in Melbourne in 2017. At the time, the opening was seen as a way for JD.com to work more closely with […]
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Retail Asia29/05/2019
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General

Cat Opening First Australian Store

2min0
Global workwear brand, Cat, will open its first flagship store on Australian soil this weekend, on Saturday, May 11, at Pacific Werribee shopping centre in Victoria, according to owner Accent Group. For a brand that is all about “being on the tools” it was important to create a physical space that reflects the brand’s dedication […]
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