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Tag: goods

Retail Asia25/09/2020
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Living

Byredo opening Singapore flagship store

1min0
Swedish luxury brand Byredo has opened its first flagship store in Singapore. Located in Ngee Ann City shopping center, the store offers a wide range of fragrances, leather goods, and accessories. The store facade features a gray concrete wall with the brand logo highlighted by white lights. The interior design creates a modern and futuristic […]
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Retail Asia14/07/2020
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General

Massive fake luxury goods ring shut down in Vietnam

1min0
Government authorities have raided a warehouse storing thousands of fake luxury goods in Lao Cai City, northern Vietnam, which were being sold online. The 10,000sqm warehouse was divided into several areas including rooms for selling fake luxury goods via live-streaming on Facebook. Most of the items are copies of major brands including Gucci, Chanel, Nike […]
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Retail Asia17/03/2020
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General

Fake luxury goods seized at famous Vietnam markets

1min0
Ho Chi Minh City authorities seized thousands of fake luxury goods at two famous local markets last week. According to Tuoi Tre News, market watchdog officers seized more than 1500 fake items worth US$6282 at Saigon Square and Ben Thanh Market, the latter one of Ho Chi Minh City’s most popular tourist attractions. All the […]
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Retail Asia06/02/2020
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General

Hong Kong Customs seize counterfeit US-bound goods

1min0
Hong Kong Customs has seized some 10,000 counterfeit products destined for the US in a targeted operation to combat cross-boundary counterfeiting activities. The goods had an estimated street value of about HKD1.1 million (US$141,000), were seized, including medicines, mobile phones, handbags, shoes and clothing. The seizures resulted from a sharing of intelligence with US regulatory […]
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Retail Asia28/11/2019
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General

Japanese used luxury-goods chain Komehyo has opened in Bangkok

1min0
Japanese used designer products retailer Komehyo has launched in Bangkok. The CentralWorld shopping complex outlet opened on Friday in cooperation with local partner Saha Group. It is part of the firm’s drive to expand throughout Southeast Asia. “With no other major competitors having a presence, Thailand offers hidden opportunities for Komehyo,” said president Takuji Ishihara […]
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Retail Asia07/10/2019
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E-Tailing

Amazon selling refurbished products in Australia

5min0
Amazon Australia has expanded the reach of its marketplace, now offering refurbished products through certified sellers under its ‘Renewed’ program. Products sold through this program will have a six-month selling partner-backed warranty and will be inspected and tested by suppliers to ensure they look and work as new. “Renewed provides Australian customers with great discounts […]
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Retail Asia29/07/2019
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E-Tailing

Amazon increases efforts to tackle counterfeit goods

2min0
Online retail giant Amazon is expanding its product serialization service to Canada, India and some European countries to tackle counterfeit products in the supply chain. Amazon Transparency involves the application of unique codes to products to allow the retailer, its customers, brands and other members of the supply chain to authentic every unit of a […]
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Retail Asia09/07/2019
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General

Operation Octopus cracks down on counterfeit dolls in claw machines

3min0
Hong Kong Customs has conducted a territory-wide operation to combat counterfeit dolls in claw machines. Codenamed “Octopus”, the operation proceeded from June 5–13 and resulted in the seizure of about 2700 suspected counterfeit dolls and other relevant items with an estimated market value of about HK$300,000 (US$38,322). Customs had earlier received information alleging that the […]
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Retail Asia05/07/2019
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General

Global personal luxury goods market growth endures

5min0
Global personal luxury goods market growth has reached a “new normal” pattern, following back-to-back years of strong performance in 2017 and 2018, according to the luxury goods industry advisory service Bain & Company. Last year, 6 per cent global growth* led to €260 billion (US$292 billion) in sales, which is expected to balloon to €271–276 […]
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Retail Asia29/05/2019
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General

Customs seizes $7 million worth of fake goods

1min0
Hong Kong Customs has seized 55,000 items of fake goods destined for the US during a three-month campaign to combat cross-border counterfeiting. The haul, some of which is shown in the accompanying photograph, included trainer, apparel, mobile phones and accessories, handbags and Beats-branded headphones. Customs officers estimated the value of the haul to be about […]
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Retail Asia20/05/2019
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General

Asean countries fight against Counterfeit Goods

2min0
Enforcement officials, investigators, and prosecutors from across the Asean region discussed best practices for addressing the trade in counterfeit goods at a workshop on the enforcement of intellectual property rights held in Manila last week. The talks covered online business models used for the infringement of IP rights, investigative techniques and intelligence gathering, as well […]
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Retail Asia15/05/2019
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E-Tailing

India’s Quikr Acquires Zefo marketplace

1min0
Indian online classifieds site Quikr has bought refurbished goods marketplace Zefo, headquartered in Bangalore. The acquisition allows an exit strategy for Zefo’s current investors, including Sequoia Capital, and gives Quikr a pathway to expand and strengthen its pre-owned product range. Zefo, has a portfolio of more than 10,000 products in four cities, including Bengaluru, Mysore, […]
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Retail Asia08/05/2019
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E-Tailing

JD takes major stake in Five Star Appliances

2min0
Chinese online retailer JD is to buy nearly half the shares in electrical goods retailer Jiangsu Five Star Appliance, for US$189 million. Jiayuan Chuangsheng currently holds 93 per cent of the Five Star business and after divesting a 46 per cent stake to JD will remain its largest shareholder with 47 per cent. Analysts say […]
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Retail Asia16/04/2019
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General

Counterfeit goods seized in Stanley retail raids

2min0
Hong Kong Customs seized about 1300 fake branded items with a street value estimated at $600,000 during Stanley retail raids yesterday. The raid followed an earlier patrol where officers found suspected counterfeit goods were being sold at retail shops in the seaside suburb. The goods seized included handbags, leather products and clothing. A Customs spokesperson […]
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Retail Asia01/04/2019
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General

Police smash massive China counterfeiting gang

2min0
Police have shut down a huge China counterfeiting ring estimated to have raked in some US$15 million. Chinese police have arrested 32 people believed to be part of the operation, which focused on counterfeiting luxury-branded goods. The Shanghai raid led to the seizure of more than 4000 items of luxury apparel and accessories bearing Louis […]
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