Tag: germany

Retail Asia02/06/2022
DBS-Bank-1280x865.jpg
3min0
German prosecutors raided the offices of asset manager DWS and its controlling shareholder Deutsche Bank over allegations of greenwashing, according to media reports. Deutsche Bank and its around 80 percent-owned asset manager DWS were raided over allegations DWS misled investors about how green the investments marketed as green or greener really were, the reports said. […]

Retail Asia13/01/2022
Revolut-1280x855.jpg
2min0
Europe’s most valuable fintech has already amassed 18 million app users worldwide. Some of those are about to become bank customers. The London-headquartered neobank is launching as a bank in ten additional European markets, lifting the number of countries it operates in to 28, it said in a statement. The challenger bank can now protect client […]

Retail Asia07/12/2021
Pork-vietnam-1024x731.jpg
1min0
Frozen pork imports nearly tripled in the first 10 months of this year to 332,000 tons, according to the General Department of Vietnam Customs. Also imported were 350,000 pigs on the hoof from Thailand, a 50 percent increase year on year. Together they cost US$617 million. Its five biggest pork suppliers were Russia, Germany, Brazil, […]

Retail Asia03/09/2021
METRO-Krnjaca-1280x853.jpg
4min0
Metro aims to cease the operative business by the end of October 2021, whereby all 10 stores and the delivery business will be closed. The company has thoroughly analysed alternative options but sees no path to profitable growth and a leading wholesale position in the Japanese market. The exit of METRO Japan business will lead […]

Retail Asia06/07/2021
hugo-boss-store.jpg
1min0
German luxury fashion house Hugo Boss has launched its first Boss flagship store on Tokyo’s famous shopping street the Ginza. Spanning two stories, the Hugo Boss Japan flagship occupies 480sqm of the Tokyu Plaza Ginza shopping centre. The store features a giant glass facade where a digital wall is installed to showcase campaign videos and […]

Retail Asia04/06/2019
volkswagen-emblem-1024x683.jpg
3min0
Volkswagen will invest almost 1 billion euros ($1.1 billion) in battery cell production at a facility in western Germany and is seeking to simplify the group by spinning off or selling units, the automaker said on Monday. Volkswagen said in a statement after a supervisory board meeting it would set up the battery facility in Lower […]

Retail Asia09/05/2019
bmw.jpg
1min0
German carmaker BMW will buy cobalt, a key component for electric vehicle (EV) batteries, directly from mines in Australia and Morocco to ensure they are not produced by child labor, an executive said on Tuesday.The announcement came as the London Metal Exchange (LME) launched an initiative under which it could ban or delist brands that […]

Retail Asia24/07/2018
cavalli.jpg
1min0
Roberto Cavalli has opened a sleek and luxurious 2,475 sq ft flagship in Berlin’s Charlottenburg district, inspired by Florence’s Renaissance architecture and the rich tones of Tuscany. The concept of the store has been created by the luxury brand’s creative director, Paul Surridge. He worked with Milan-based interior firm Rodrigo Izquierdo Design Studio on the store concept. The airy […]

Retail Asia20/04/2018
Gloria-Jeans-Coffee-1024x724.jpg
3min0
A local scandal hasn’t dampened Retail Food Group’s international ambitions, with the franchise giant announcing that its troubled Gloria Jeans brand will expand into Germany. A 10-year master franchise agreement has been signed with a group of local businessmen who are slated to open 40 Gloria Jeans outlets in Germany over the next five years. The […]

Retail Asia10/07/2017
Vietnam-1024x1001.jpg
3min0
Prime Minister Nguyen Xuan Phuc is hoping expert German support will help accelerate Vietnam’s automobile industry. Vietnamese and German businesses signed 28 agreements totaling 1.5 billion euros ($1.7 billion) on Thursday during Vietnamese Prime Minister Nguyen Xuan Phuc’s trip to the European powerhouse. Trade between the two countries reached $9 billion last year, making up […]

Retail Asia28/03/2017
apple-store-1-1024x683.jpg
1min
While Apple’s retail team is currently remodelling all its stores, the company expanded its reach with three new stores in China, Germany and the US. More than 350 store employees at the new stores in Nanjing (China), Cologne (Germany) and Miami (US) welcomed thousands of customers at the grand openings. “Each store complements the local architecture, from […]

Retail Asia29/12/2016
nutmeg-1024x683.jpg
2min0
The Indonesian government intends to encourage local exporters in North Sulawesi to sell nutmeg to Germany, as the country was the number one buyer of the spice in 2016. “The (nutmeg) demand from the Germans is high, with exports occurring every week,” said Secretary of Trade and Industry Department Darwin Muksin here on Tuesday. According […]

Retail Asia15/11/2016
21106-1024x683.jpg
12min0
Germany, which has been aggressively pushing for closer economic ties with Iran following the lifting of international sanctions against the latter, wants to play a pivotal role in the modernizing and upgrading of Iran’s dilapidated infrastructure and transport system. Germany signed six memoranda of understanding (MoUs) aimed at boosting transport cooperation following a late October […]


About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.


CONTACT US

CALL US ANYTIME

Most read



Retail updates

Stay up to date of the lates updates and retail news from Asia.








X