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Tag: japan

Retail Asia13/02/2018
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Fashion

Ril Creed launches in Hong Kong

3min0
RIL CREED’s collection of sustainable and ethical Japanese handbags opens its first flagship boutique in Hong Kong. Launched in 2012 in Japan and 2014 in Hong Kong, The Japanese handbag label RIL CREED is designed by Hanada Kazue, a seasoned designer who has been the design chief at the coveted Kitson Japan. With over two […]
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Retail Asia13/02/2018
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Food

Arabica Coffee Opens in the Philippines

2min0
After nearly a year of planning, Kyoto’s % Arabica Coffee has opened its first store for the Philippines. It is in Manila’s Bonifacio Global City and is the result of the efforts of a mother-and-daughter team that has been travelling around the world looking for the best coffee spots. Allue Hortazela says she and her […]
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Retail Asia12/02/2018
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Finance

Asia gold demand picks up as prices fall

5min
Physical gold demand in Asia picked up towards the end of the week, as a pullback in prices spurred purchases ahead of the Lunar New Year in China and the wedding season in India. Spot gold has declined about 1% so far this week and was headed for a second straight weekly drop due to […]
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Retail Asia12/02/2018
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Fashion

Asia boosts Hermes international sales

3min0
Hermes international sales showed strong growth last year, pushed by an upward curve in Asia. Sales for the French fashion brand were up 9 per cent at constant exchange rates, with consolidated revenues reaching €5.5 billion (US$6.7 billion). After adjustment for the negative currency effect resulting from the year-end strengthening of the euro, the increase […]
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Retail Asia08/02/2018
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Food

Most expensive whiskey in the world

2min0
A rare Japanese whisky just became the most expensive ever sold at auction. The Spirits Business reports that a limited edition bottle of Yamazaki 50-year-old single malt fetched $300,000 at Sotheby’s Finest and Rarest sale in Hong Kong. That’s more than double its pre-sale price estimate of $140,000. Paul Wong, specialist at Sotheby’s Wine, Asia, […]
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Retail Asia08/02/2018
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Food

Nestlé goes pink for Valentine’s Day

6min0
Nestlé may have struck gold with the release of a new type of Kit Kat made using special “ruby” cacao beans. The new flavor, Kit Kat Chocolatory Sublime Ruby, was launched in select stories in Japan and South Korea on 19 January 19 2018 and shows signs of being a hit. The first limited run […]
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Retail Asia07/02/2018
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E-Tailing

Citiesocial to expand in Asia after the funding boost

2min0
Following series-A funding of US$2.75 million, Taiwan online retail platform Citiesocial seeks to expand into other parts of Asia. Its funding round was led by the Taiwan fund of Alibaba Group Holding. Citiesocial, which sells items such as water bottles and kitchenware from emerging brands, plans to use the funds to bolster services and technology […]
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Retail Asia07/02/2018
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General

Tokyu Hands goes to global GIA Awards finale

3min0
Eclectic Japanese department store Tokyu Hands has been named one of the global finalists in this year’s GIA Awards in Chicago. Tokyu Hands has 75 stores in Japan and three in Singapore, selling items including fashion and interior goods, but with kitchenwares and other household items as its core. Customers range from teens to seniors. […]
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Retail Asia05/02/2018
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E-Tailing

Singapore lags Japan and China with e-commerce use

2min0
In contrast with data about digital transformation and government’s engagement in promoting digital solutions for retail, Singaporeans have not fully embraced e-commerce. Credit Suisse data show that Singapore falls behind China, US, and Japan in terms of e-commerce usage. In 2017, Singapore e-commerce comprised 5% of the country’s total retail. Meanwhile, e-commerce comprised 23% of total retail […]
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Retail Asia05/02/2018
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Living

Who’s travelling to Japan?

5min0
Japan’s tourism bonanza shows no signs of abating. The country welcomed a record 28.6 million visitors from abroad in 2017, an increase of 19.3% on the year. Travelers also spent significantly more: 4.4 trillion yen ($39.68 billion), up 17.8%. So, where are all of these people coming from? Where are they going? And what are […]
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Retail Asia02/02/2018
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Fashion

Mori Building and teamLab to launch “MORI Building DIGITAL ART MUSEUM teamLab Borderless” in Odaiba, Tokyo this summer

3min0
Mori Building, a leading urban developer in Tokyo, and the art collective teamLab today announced that they will jointly open “MORI Building DIGITAL ART MUSEUM teamLab Borderless,” a full-scale digital art museum in the Palette Town complex of Odaiba, Tokyo in the summer of 2018. The all-new museum concept is a collaborative initiative between Mori […]
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Retail Asia31/01/2018
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Fashion

Shiseido launches new teen brand Posme

4min0
Shiseido looks to increase teen beauty sales with the launch of its open innovation project, Posme Me. Posme will consist of a variety of cosmetic and non-cosmetic products and services, which are collectively created by high school girls. According to the Japanese cosmetics giant, high school girls are becoming a major source of a new […]
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Retail Asia31/01/2018
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Food

Kit Kat Flagship Store to Open Its First Location in Korea

1min0
A KitKat flagship store has been launched in Shinsegae’s Gangnam department store in South Korea. It has been opened by Swiss food giant Nestle’s Japanese unit, which has developed special flavours for the chocolate wafer snack in collaboration with chef Yasumasa Takagi, who has just rolled out a special ruby version. As well as the original […]
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Retail Asia31/01/2018
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General

Japanese firms mull over expansion plans in Vietnam

2min0
Việt Nam maintained its position as an important investment destination for Japanese companies, with some 70 per cent of operational Japanese-invested firms making plans for business expansion here. This information was revealed by Hironobu Kitagawa, chief representative of Japanese External Trade Organisation (JETRO), in Hà Nội, at a meeting with the Ministry of Industry and […]
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Retail Asia30/01/2018
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Food

Walmart and Rakuten Announced New Strategic Alliance

3min0
In Tokyo today, Walmart president/CEO Doug McMillon and Rakuten chairman/president/CEO Hiroshi “Mickey” Mikitani announced a strategic alliance aimed at expanding consumer reach and enhancing customer service. Included in the collaboration is the launch of an online grocery delivery service in Japan as well as an exclusive retail alliance between the US retail giant and e-reading […]
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