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24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )
16/04/2024 Google Chat working on adding group audio and video call function within Gmail Spaces ( General )
15/04/2024 Tim Cook arrives in Vietnam ( Electronics )
15/04/2024 Vietravel Airlines reports first profits in 3 years ( General )

Retail Asia27/08/2021

The Saigon-Hanoi Commercial Joint Stock Bank will sell a 50 percent stake in its consumer finance division, SHB Finance, to Thailand’s Bank of Ayudhya. Vietnam’s fifth-largest bank said in a statement it would sell the remaining 50 percent to Bank of Ayudhya after three years. Bank of Ayudhya said in a stock market filing that […]

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Retail Asia05/07/2021

Inflation this year is likely to be 2.5-3 percent, well below the target of 4 percent set by the National Assembly, due to low consumer demand, analysts said. Global prices of strategic materials are likely to climb in the next few months due to geopolitical tensions and Covid-19, but food and foodstuff prices in Vietnam […]

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Retail Asia10/05/2021

Powered by 5G, eSIM or embedded subscriber identity module is a rising technology that is threatening to replace traditional SIM cards. With 5G revolutionizing connectivity, eSIM emerges as a seamless way to harness greater connectivity between a future of billions of IoT devices. Instead of relying on physical SIM cards, eSIM is the embedded alternative […]

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Retail Asia05/05/2021

Citi is keen to exit its India consumer banking operations soon and would like to sell the entire set-up in one go, sources told India media. Talks with DBS Bank are at an advanced stage and they are keen to take up the entire consumer banking operation,» a person familiar with the matter said. DBS […]

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Retail Asia23/09/2019

Jebsen Consumer has opened its first retail flagship Select store in Hong Kong. The new 3000sqft store is located in the new K11 Musea at Victoria Dockside in Tsim Sha Tsui. It features a minimalist and stylish store design with more than 1800 items of merchandise sourced from across the world. “This flagship store plays […]

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Retail Asia22/07/2019

The use of fintech products and services in Singapore has grown substantially in the past two years, though the country still lags China and India by a large margin. The fintech adoption rate among Singapore consumers has almost tripled to 67 percent in 2019 from just 23 percent in 2017, according to the «Global FinTech […]

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Retail Asia26/04/2019

Online reviews sound good in theory. In practice, however, they don’t work so well. Reviews were initially important as proxies of trust for e-commerce businesses, but they have now well and truly spilled over to bricks-and-mortar businesses, where the weakness of the review system is being amplified as some consumers have figured out how to […]

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Retail Asia03/04/2019

Most online shoppers compare a brand or retailer’s site to Amazon before purchasing something, according to a study released by Episerver. Episerver’s third annual Global Consumer Study shows that 87 per cent of online shoppers compare what they find on a brand or retailer’s site to Amazon before completing a purchase. Ninety-seven per cent won’t complete a […]

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Retail Asia18/03/2019

Kepler Analytics is in a unique and privileged position. We have our sensors in over 60 retail brands within 1,700 locations across Australia. We collect traffic and other consumer behaviour measures. By aggregating and anonymising our information we can provide the retail industry with benchmark measures on traffic, sales, conversion and other related KPIs focussed […]

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Retail Asia14/03/2019

Retailers must recognise consumers are in control and they are looking for experiences above all else, according to US trend expert Tom Mirabile. Speaking at the International Housewares Association’s annual show in Chicago, Mirabile said housewares suppliers and retailers need to focus all their efforts on what the consumer wants, how the consumer sees themselves, […]

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Retail Asia14/02/2019

People born in the year 2000 will turn 19 this year, entering university or finding jobs in a society struggling with slowing economic growth and a rapidly declining population. But as Korea adapts to a difficult economic environment, how will this new generation that prioritizes personal experiences and online communities fit in? The generation, known […]

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Retail Asia14/02/2019

Singapore retail sales in December slipped 3 per cent year on year. Including motor vehicles in the data, they fell by 6 per cent. There was a month-on-month decline of 4.1 per cent excluding vehicles, largely due to the online-sales boom driven by Singles Day and Black Friday in November. Online retailing continues to eat […]

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Retail Asia25/01/2019

E-commerce giant Alibaba has developed new technology to make it possible for blind and partially sighted people to shop online, according to an article on Alibaba’s news site Alizila. Alibaba plans to launch Smart Touch, an affordable silicone sheet that goes on top of smartphone screens, later this year. The plastic film includes three mini […]

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Retail Asia17/01/2019

CIMB Thai Bank PCL’s unaudited con-solidated net profit for the year ended Dec 31, 2018 (FY18) fell 98.2% year on year to 6.9 million baht (RM883,732), dragged down mainly by higher income tax expenses. Profit before tax decreased 44.5% to 271.2 million baht year on year, mainly due to a 9.6% increase in operating expenses […]

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Retail Asia15/01/2019

While 2018 saw several luxury conglomerates consolidating their empires through brand acquisitions, others like Yoox Net-a-Porter looked to strategic partnerships. With the new Richemont and Alibaba deal, the company is now able to better bring its retail offerings to the world’s largest luxury audience: China. As Richemont’s takeover of e-commerce giant Yoox Net-a-Porter has come […]

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Retail Asia11/01/2019

The ubiquitous WeChat is continuing to expand its reach across all age groups – especially among people aged 55 and above. According to the 2018 WeChat Data Report released at the WeChat Open Class Pro 2019 event in Guangzhou this week, seniors recorded the fastest growth of any age group last year. WeChat says more people are sharing […]

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Retail Asia09/01/2019

AmInvestment Bank has maintained its “overweight” rating on the consumer sector, as consumer sentiment is expected to remain healthy on the back of recent consumer-friendly initiatives by the government. It said in a report that recent initiatives such as the reintroduction of petrol subsidy, capping of the electricity tariff and introduction of public transport subsidies, […]

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Retail Asia24/12/2018

Luxury retailer Louis Vuitton is offering a personalisation service for a selection of men’s ready-to-wear items in a limited number of global stores. The My LV World Tour Louis Vuitton personalisation service offers clients the opportunity to customise their purchases with a variety of patches and embroideries inspired by vintage travel labels and varsity lettering […]

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Retail Asia24/12/2018

Increasing numbers of Saigon residents are visiting convenience stores, and most of the youth hangout there. A survey by market research firm Q&Me in December found 80 percent of Saigon residents saying they patronize convenience stores. Of these, 61 percent are youth who also hangout in the stores, using in their eat-in space, attracted primarily by the […]

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Retail Asia21/12/2018

German photography brand Leica has reopened at Raffles Hotel with a line of wristwatches and a cafe. The opening debuts Leica’s Cafe Leitz in Singapore, based on its German flagship and serving a variety of coffees and petit fours. The store, launched on the site of the brand’s original Singapore location, features a new experiential […]

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