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Tag: japan

Retail Asia18/03/2022
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Finance

UBS Exiting Mitsubishi Venture in Japan

2min0
Switzerland’s largest bank is selling its joint real estate venture with Mitsubishi to an investment firm. UBS announced it is exiting a 20-year joint real estate venture in Japan, agreeing with its partner Mitsubishi to sell its Mitsubishi Corp.-UBS Realty Inc. (MC-USBR) to investment firm KKR, UBS said in a statement released Thursday. UBS said it expects […]
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Retail Asia16/02/2022
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Fashion

Uniqlo plans five more stores in Singapore

2min0
Apparel retailer Uniqlo says it will open another five stores in Singapore, taking its network there to 31 stores. The first neighbourhood store will open at Ang Mo Kio and Clementi in the first quarter of this year. Uniqlo says the 1297sqm store will be a testbed for inclusive in-store features such as a wheelchair-friendly fitting […]
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Retail Asia15/02/2022
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Food

Japan brewer Kirin to exit Myanmar

5min0
Japanese drinks giant Kirin said Monday (Feb 14) it will withdraw from Myanmar, after a failed bid to disentangle its operations from a joint venture with a junta-owned company after last year’s coup. The brewery is the latest foreign company to pull out of Myanmar with international pressure building against the junta since it ousted […]
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Retail Asia31/01/2022
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Automotive

Japan Urges More Chip Tie-Ups With Taiwan At Trade Talks

3min0
Japan called for greater collaboration with Taiwan on semiconductors at a bilateral economic and trade meeting on Tuesday. Japan-Taiwan Exchange Association Chairman Mitsuo Ohashi praised Taiwan Semiconductor Manufacturing Co Ltd (TSMC)’s plans to expand in Japan, saying, “I hope these collaborations can continue to expand, and positively impact the resilience of both Taiwan and Japan’s […]
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Retail Asia26/01/2022
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Fashion

Uniqlo set to come to Hai Phong

1min0
Japanese fashion brand Uniqlo plans to open its first store in the northern city of Hai Phong this summer. It will be a 2,000-square-meter outlet at Aeon Mall Le Chan. Uniqlo, which came to the Vietnamese market two years ago, now has 10 stores in Hanoi and HCMC. Globally, it has over 2,300 in 25 […]
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Retail Asia13/01/2022
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Fashion

Adidas Japan to launch brand centre in Harajuku

3min0
The largest Adidas store to date on Japanese soil extends over two floors and a surface area of 1,000 square meters. In addition to countless products for a wide range of sporting activities, the new Adidas Brand Center, which is located just a few minutes’ walk from Shibuya Station, also offers an exclusive “Tokyo Collection”. […]
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Retail Asia28/12/2021
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Electronics

Apple’s AirTag gets a limited edition in Japan

3min0
Designed to act as a key finder that helps people find lost objects, the AirTag is surely one of Apple’s most controversial products. Although the Cupertino-based company included various technologies on the AirTag to prevent unwanted tracking or stalking, it’s still very easy to bypass the device’s software. Frightening reports about people that have been tracked to their […]
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Retail Asia24/12/2021
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Food

Delivery Hero to sell Foodpanda Foodpanda Japan

3min0
German food delivery group Delivery Hero said on Wednesday it would scale down its Foodpanda operations in Germany and sell the subsidiary’s Japan unit, citing increased competition and labor shortages. Delivery Hero said Foodpanda would exit Cologne, Duesseldorf, Frankfurt, Hamburg, Munich, and Stuttgart, though it had only introduced the brand in Cologne, Duesseldorf, and Stuttgart […]
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Retail Asia03/12/2021
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General

Japan eases blanket ban on new incoming flights

2min0
Japan has softened its suspension of all new incoming flight bookings to make it easier for citizens to return, the government said Thursday, a day after it announced the move prompted by worries about the Omicron coronavirus variant. The transport ministry abruptly said Wednesday it was asking airlines to stop taking all new incoming flight […]
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Retail Asia01/12/2021
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Uncategorized

Flash Coffee opens Outlets in South Korea

2min0
Flash Coffee has launched its first two South Korea stores in Seoul’s Gangnam district as part of its expansion in Asia, with two more stores scheduled to open before the year ends. The launch marks the brand’s sixth market in the region, after Singapore, Indonesia, Thailand, Hong Kong, and Taiwan. Spanning two stories, the new […]
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Retail Asia29/11/2021
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Fashion

Japanese retailers expand Vietnam presence

2min0
Japanese retailers have started to expand their business in Vietnam as localities loosen social distancing restrictions and accelerate vaccination against Covid-19. Coffee chain %Arabica, which currently has over 100 outlets in 18 countries, has announced it will open its first shop in Vietnam on walking street Nguyen Hue in District 1, HCMC. Late last month, […]
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Retail Asia29/11/2021
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Finance

Japan Consortium Plots Digital Yen

2min0
Participants include MUFG Bank, Sumitomo Mitsui Banking, Mizuho Bank, Japan Post Bank, Nippon Telegraph & Telephone Corp., East Japan Railway, and Mitsubishi, as well as local governments. The Bank of Japan, Financial Services Agency of Japan, and three ministries are observing its activities. Digital Currency Forum – a consortium of 74 Japanese firms – is […]
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Retail Asia25/11/2021
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General

Japanese business giants eye expansion in Vietnam

4min0
Japanese companies, including retailer Aeon and energy firm Enos, have told Prime Minister Pham Minh Chinh that they want to expand their investments in Vietnam. The country’s business environment is improving and Japanese companies have confidence in their Vietnamese operations, the heads of major companies told Chinh in Tokyo Tuesday. The Prime Minister is on […]
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Retail Asia22/11/2021
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Food

Japanese beer brand Yebisu launches in Australia

2min0
Premium Japanese beer label Yebisu Premium Beer has been launched in Australia, through Coopers Brewery. Coopers will be the exclusive distributor of Yebisu under its partnership with Sapporo. The beer is now available in packs of four 350ml cans from First Choice Liquor stores and selected Liquorland and Vintage Cellars outlets nationally. It will join […]
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Retail Asia18/11/2021
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Finance

LGT Opens Private Banking Office in Japan

2min0
Liechtenstein-headquartered LGT opened a new wealth management office in Tokyo as part of its efforts to capture opportunities in Japan’s private banking market. Following regulatory approvals, LGT has opened a new office in the Okura Prestige Tower located in Tokyo’s business district, according to a statement. The unit will aim to provide bespoke wealth management […]
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Retail Asia16/11/2021
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Fashion

Muji launches fresh food concept store with JD

2min0
Japanese retail giant, Muji, has forayed into the fresh food industry with the launch of a food complex in collaboration with JD’s Seven Fresh in Shanghai. Operated by both companies, the complex is located inside Ruihongtiandi shopping mall and spans 400sqm, housing a Muji store and fresh food supermarket, Seven Fresh, which is also the […]
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