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02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
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29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
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 )

Retail Asia09/03/2018

U.S. consumers have filed a lawsuit against Kobe Steel Ltd (5406.T) and Toyota Motor Corp (7203.T) accusing the companies of violating consumer protection laws and engaging in fraud by concealing the use of substandard metal components in vehicles. The proposed class-action lawsuit represents the first U.S. consumer complaint filed against Kobe Steel over data fraud, […]

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Retail Asia09/03/2018

Japanese auto parts supplier Denso Corp (6902.T) said on Wednesday it will invest $190 million in an existing Athens, Tennessee, plant to produce components for fuel delivery, ignition and exhaust gas systems for automakers in North America. The investment will add four production lines and create 320 jobs, the company said in a statement. Denso […]

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Retail Asia08/03/2018

Japanese confectionery and chocolatier chain Morozoff has opened its first Dubai store, at Wafi Mall. Launched by the Emerald Star Group, Morozoff Dubai offers not only cookies and cakes but also a gift collection to suit a range of celebrations and events. Morozoff president Shinji Yamaguchi says the Dubai launch is a significant development for […]

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Retail Asia08/03/2018

Vietnamese fruit is making its presence felt in the Japanese market, with the country registering a turnover of US$170 million in 2017 through the export of fruits and vegetables, a year-on-year increase of 70 per cent. This was revealed by Tạ Đức Minh, Vietnamese trade counsellor to Japan, during Japan’s largest international food and beverage exhibition, […]

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Retail Asia06/03/2018

Shoppers in emerging economies such as China and India are seeking a more luxury, personalised shopping service on their mobile, and many Asia Pacific shoppers are even willing to pay more for a product or service if the mobile shopping experience is better. This is according to new research from Worldpay, a global leader in […]

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Retail Asia06/03/2018

US organic brand Three Twins Ice Cream has opened its first store in Japan. In a partnership with Mash Holdings, which runs several lifestyle and eco brand stores as well as organic cafes and kitchens, the outlet is outside the train station in the Daikanyama area of Tokyo. Three Twins Ice Cream founder/CEO Neal Gottlieb […]

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Retail Asia05/03/2018

A Space World amusement park in Kitakyushu city, on Kyushu Island, will be the site of a commercial complex to be developed by Aeon Mall. Landowner Nippon Steel & Sumitomo Metal Corp has been discussing development of the Fukuoka Prefecture site with Aeon, with the target of launching a commercial complex by 2021. It will […]

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Retail Asia05/03/2018

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Aeon and Yahoo Japan have not had tremendous success with their own e-commerce ventures, according to the report. Softbank’s IT prowess is seen as key to enabling Aeon to make the most of its brick-and-mortar assets in a retail sector quickly evolving as customer data and technologies such as artificial intelligence are leveraged to create […]

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Retail Asia02/03/2018

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Clothing retailer Moncler international had double-digit growth in all key financial indicators last year, with soaring Asian sales playing their part. Its revenues for the year reached €1.1 billion (US$1.3 billion), an increase of 17 per cent at constant exchange and 15 per cent at current exchange rates. In the fourth quarter, revenues rose 17 […]

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Retail Asia28/02/2018

South Korean fashion brand Twee has opened a flagship store at 313@Somerset on Orchard Road. The 4030sqft (374sqm) Twee Singapore store offers an exclusive collection of party dresses as well as Superface beauty products. The store promises to bring in more than 400 new styles for women and men every month. Twee has more than 40 stores […]

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Retail Asia26/02/2018

Moncler Genius Building is finally unveiled. During the opening of Milan Fashion Week, Moncler finally revealed the highly anticipated Moncler Genius Building—a conceptual space that housing the Moncler Genius collections designed in collaboration with Hiroshi Fujiwara, Francesco Ragazzi of Palm Angels, Craig Green, and other well-known names. Moncler packed out the Palazzo Delle Scintille—a 15,500 […]

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Retail Asia23/02/2018

The chairman of South Korea’s Lotte Group has resigned as the chief executive of its Japan-based holding company, following his conviction for bribery charges last week. Lotte Holdings held a board meeting on Wednesday and accepted Shin Dong-bin’s resignation, following a Japanese tradition of convicted chief executives stepping down, the group said in a statement. […]

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Retail Asia21/02/2018

Japanese retailer Uniqlo has entered the Netherlands, with a debut Dutch store launching in Amsterdam. The Fast Retailing flagship brand, after months of speculation, has confirmed it will enter the Dutch market in the autumn of 2018. Located on Amsterdam’s busiest shopping street, Kalverstraat, the three-level, 2,040 square-metre-store has a secondary entry for shoppers to […]

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Retail Asia21/02/2018

Japanese company Sumitomo Forestry plans to build the world’s tallest wooden skyscraper to mark its 350th anniversary in 2041. Called the W350, the 350-metre-tall tower will be made up of 10 per cent steel, said the company in a news release. The rest will comprise 185,000 cubic metres of timber. The “braced tube structure” will have diagonal […]

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Retail Asia21/02/2018

UNIQLO yesterday announced a new collaboration with the tomas maier brand, famed worldwide for its casual yet designed lifestyle concept. The new tomas maierand uniqlo collectionis for women and men, and it will be available in early summer at selected UNIQLOstores and online. The range infuses the “time off” and “escape” philosophy of the tomas […]

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Retail Asia20/02/2018

Honda Motor Co Ltd will recall roughly 350,000 vehicles in China to resolve a cold-climate engine issue and quell a barrage of customer complaints that has hit the automaker over the past month. The recall involves the CR-V sport utility vehicle and the Civic car equipped with a 1.5-litre turbo engine, Honda’s joint venture with […]

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Retail Asia20/02/2018

Japanese carmaker Honda Motor Co plans to double its market share in India within the next few years, the head of its local unit said, as it looks to boost its presence in the world’s fifth-largest car market. To be a major player and have a meaningful presence, Honda needs to achieve a 10 percent […]

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Retail Asia20/02/2018

Japan’s SoftBank has reported a solid 20% increase in net profit for the nine months ending in December to 1.01 trillion yen ($9.35 billion), partly as a result of cost cutting at US subsidiary Sprint. Net sales for the first nine months of SoftBank’s financial year grew 3.5% to 6.58 trillion yen, with revenue increasing across all the company’s […]

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Retail Asia15/02/2018

McDonald’s Japan plans to open more stores this year, its first expansion in a decade. At the same time, rival Burger King is working on tripling its Japanese locations to 300 by 2022 at a cost of ¥5 billion (US$45.5 million). With a 4.5-fold increase in group net profit last year, McDonald’s Holdings logged a […]

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Retail Asia13/02/2018

Shiseido Travel Retail has celebrated the relaunch of luxury brand, Clé de Peau Beauté with ‘A Radiant Day’ campaign, fronted by new global Ambassador – Academy Award-Nominated British actress, Felicity Jones. The campaign coincides with the introduction of Clé de Peau Beauté’s beauty products to its current travel retail offering. Clé de Peau Beauté has remained […]

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