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Tag: decoration

Retail Asia04/02/2019
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Real Estate

Retail meets art in HK for Chinese New Year

7min0
Next week it Chinese New Year. It officially begins on February 5th, 2019, and ends on February 19th. This year will be the year of the Pig. It is the most important festival for Chinese people, so the city is fully decorated with festive installations. The retail world celebrates it with decorations and promotions. In Hong […]
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Retail Asia08/01/2019
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Living

Mr DIY mulls US$362 million float

2min0
Malaysian home improvement brand Mr DIY is considering an IPO to raise about MYR1.5 billion (US$362 million). An industry source has revealed that the firm intends to list its domestic operations later this year on either the Malaysian or Hong Kong exchange with backing from Malaysian private equity firm Creador, which invested in the brand […]
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Retail Asia24/12/2018
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Living

IKEA signs MoU to open store in Noida; create 8,000 jobs

1min0
Swedish furniture giant, IKEA, has signed MoU with the Uttar Pradesh government for the investment of Rs 5,000 crore to set up an integrated commercial project, including a store, in Noida. The MoU was signed between R K Singh, Principal Secretary, Infrastructure and Industrial Development Department, and David McCausland, Country Property Manager, IKEA. An integrated commercial […]
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Retail Asia20/12/2018
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Living

iStyle opens Fourth Hong Kong @cosme store

1min0
Tokyo retailer Istyle will open its fourth @Cosme store in Hong Kong this Friday. The new outlet will be launching as a specialty cosmetics store in East Point City mall in Tseung Kwan O, which has recently emerging as a shopping spot across a range of age groups. The first of Istyle’s four stores to […]
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Retail Asia20/12/2018
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Living

Ashley HomeStore adds stores in Vietnam and more

1min0
American furniture store chain Ashley HomeStore has expanded globally with new stores in Vietnam, Thailand and New Zealand. In support of the move, the company has established a 400,000sqft consolidation warehouse in Vietnam’s Ho Chi Minh City. The new facility will allow a faster order response time. The firm’s president and CEO Todd Wanek said: […]
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Retail Asia19/12/2018
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Living

Asia becomes Laura Ashley’s last hope

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. […]
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Retail Asia18/12/2018
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Living

Lotte brings in The Conran Shop to Korea

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 […]
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Retail Asia11/12/2018
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Living

Ikea China biggest project revealed

1min0
Swedish furniture group Ikea will build a US$1.2 billion, 430,000sqm shopping complex in Shanghai, to be completed by 2022. The new Ikea China centre will house an Ikea store and an additional 120,000sqm in retail area, hosting more than 300 businesses. It will also include 60,000sqm of office space. The move represents the largest single […]
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Retail Asia04/12/2018
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Electronics

Gome Retail sales free falling

2min0
Gome Retail has plunged US$64million into the red as its restructuring program takes its toll. The company took the unusual step of releasing third-quarter financial data, which shows group sales were down 11.2 per cent in the first nine months of the year, to $7.3 billion. Total gross merchandise volume (GMV) of the group for […]
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Retail Asia31/10/2018
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Fashion

Beccos plans expansion in India with 50 new stores

1min0
Chinese-owned ‘South Korean designer brand’ Beccos says it plans to launch 50 stores in India. Scheduled to be opened by the middle of next year, the stores will require an investment of ₹100 crore (US$13.67 million) and are expected to return a revenue of around ₹200-250 crore ($27.35–34.18 million) in the next financial year based […]
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Retail Asia14/03/2016
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Living

Home owners still ready to pay for exclusive decor

5min
The slowing economy might be dampening demand for luxury goods, but home owners are still willing to pay top dollar for unique furnishings, retail experts said. Homes are prized possessions here, so proud owners will spend to doll them up, even if they are becoming more selective about bigger-budget items, said Assistant Professor Elison Lim […]
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