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10/05/2024 For complex iPhone AI tasks, Apple will use cloud-based servers running M-series chips ( Electronics )
10/05/2024 Samsung plans to add $1B to Vietnam investment annually ( Electronics )
08/05/2024 Digital content exporters open foreign offices to avoid tax ( General )
06/05/2024 WhatsApp’s new status update tray with previews is rolling out more widely in beta ( General )
02/05/2024 A Deep Dive into Grade A Buildings in Hong Kong ( General )
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 )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
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 )

Retail Asia09/06/2020

Taiwanese beauty brand O’right is to make its debut in Japan this week. O’right’s first store will open in Isetan Shinjuku on June 10, followed by a second store in Yurakucho Marui the next day. “It shows the brand’s confidence in Japan’s path to economic recovery and its determination to establish a foothold in the […]

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Retail Asia03/06/2020

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Retail sales in Hong Kong have plunged by more than one-third over the first four months of this year. Census and Statistics Department figures show a 36.1-per-cent decline, which follows an adjusted 42.1-per-cent fall in March. Those two months represent the beginning of the real impact of the Covid-19 pandemic which has seen the border […]

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Retail Asia25/05/2020

Italian jewelry firm Bulgari has launched an e-commerce platform in Singapore prior to opening online services in its home territory. Korea will soon follow. The luxury brand is accelerating its digital program following the effect of the coronavirus pandemic on the industry, placing restrictions on the ability of shoppers to visit physical stores. It is […]

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Retail Asia30/04/2020

YouTube is making changes to its Music app that will make it easier for users to explore some of its features. YouTube Music’s changed library design was first spotted early this month by AndroidPolice, but it was only available to a limited number of Android users. The most important improvement is the ability to add songs […]

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Retail Asia10/02/2020

Estee Lauder has reported “strong double-digit sales growth” in nearly every Asia-Pacific market in the latest quarter. Globally, the company achieved sales of US4.62 billion in the three months to December 31, up by 15 percent year on year, but in Asia especially the cosmetics giant thrived. “Greater China delivered strong double-digit net sales growth,” […]

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Retail Asia04/02/2020

Japanese pharmacy chains Matsumotokiyoshi and Cocokara Fine are entering into a merger. Under the terms of the new agreement – if approved by the boards of both sides – shares in the two firms will be transferred to a new business entity, with the transaction expected to be completed by October next year The company […]

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Retail Asia14/01/2020

Hong Kong-based firm The Fenix Group may sell its majority shareholding in high-end supermarket operator Hong Kong’s CitySuper Group. According to Bloomberg, if potential buyers show interest in the stake, it may be worth between US$300 and $400 million. Any potential purchaser at this time will inherit a business in the midst of Hong Kong’s […]

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Retail Asia13/01/2020

AirAsia India has appointed Wunderman Thompson South Asia to manage creative duties following a pitch in 2019. The agency will be responsible for brand strategy and shaping the communications narrative in India, taking care of above-the-line and digital creative mandates. According to the press statement, Wunderman Thompson understood AirAsia India’s strategic and brand objectives and will […]

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Retail Asia10/01/2020

The first Muji Vietnam store is set to open within three months, a year after the Japanese household goods and apparel chain established an office in the country. As we reported last February, Muji Vietnam Ltd was registered and headquartered in Ho Chi Minh City. According to a source from property company Savills, the new […]

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Retail Asia06/01/2020

State power utility EVN will buy around 1.5 billion kWh of electricity a year from Laos for two years starting in 2021. Under contracts it signed on Saturday, Vietnam Electricity (EVN) will buy over 596 million kWh a year from two hydropower plants belonging to Phongsubthavy Group and 632 million kWh from two plants belonging […]

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Retail Asia18/12/2019

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Travel retailer The Shilla Duty-Free has launched a raft of new brands at its Changi Airport health-and-beauty concessions, marking its fifth anniversary in Singapore. The new brands are on display at a refreshed retail space at the Terminal 3 Departure Check-in Hall store (in the public area) which features a modern, tropical look, with earthy […]

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Retail Asia04/12/2019

The bank said that globally, Singapore has among the highest share of millionaires whose main source of income is their salary, and they prioritize self-enrichment over wealth accumulation. Based on its research that Singapore’s rich are not just focused on becoming wealthier but experiencing life, HSBC Singapore is launching new banking and lifestyle features to […]

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Retail Asia02/12/2019

Filipino fast-food chain Jollibee plans to expand its store network in North America to 250 by 2023. Its parent company Jollibee Foods Corporation (JFC) said it is committing to further expand the brand in North America, having identified the region as a key growth market. There are currently 46 Jollibee outlets in North America, with […]

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Retail Asia02/12/2019

There is no real surprise from Gap’s third-quarter figures released last week: sales are poor, profit is weak – although marginally better than forecast – and the outlook remains gloomy. Given the relative lack of effort from management on resolving the underlying issues plaguing the company, it would be unreasonable to expect a different outcome. […]

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Retail Asia29/11/2019

South Korean coffee chain Ediya Coffee has opened its 3000th store. The new Daejeon outlet is a significant milestone for the local franchise, matched only by competing for cafe and bakery Paris Baguette. Ediya has opened 300 locations each year for the past six, and has been steadily expanding since launching in Seoul in 2001. […]

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Retail Asia24/10/2019

Niantic has revealed the Pokemon GO Halloween event, which will begin on October 17 and run through November 1. During the event, Pokemon GO players will receive a handful of bonuses, avatar items and a chance to catch rare Pokemon. So, starting October 17, players will be able to rescue more Shadow Pokemon from Team […]

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Retail Asia21/10/2019

Global cosmetics firm Natura has launched its business in Malaysia with a pop-up store in Sunway Pyramid, Petaling Jaya. The pop-up store will serve to introduce the brand and its products to consumers via a series of interactive experiences, including a skincare interactive wall, free skin and hair analysis, a fragrance personality analyzer, and a […]

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Retail Asia11/10/2019

Sales at Ikea stores in Southeast Asia exceeded SG$1 billion (US$723 million) for the first time this year, reflecting healthy growth for a big-box retail business. Christian Rojkjaer, MD of Ikea Southeast Asia, says more than 98 million customers passed through the company’s eight full-format stores in Singapore, Malaysia and Thailand and its associated shopping […]

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Retail Asia10/10/2019

Taiwan’s Eslite bookstore chain is set to launch its first outlet in Tokyo this week. The store opening marks Eslite Spectrum Corp’s 30th anniversary as well as the first time for the firm to start-up business in a territory where Chinese is not spoken. The 50th Eslite location, it will trade in books and other […]

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Retail Asia07/10/2019

While Singapore’s net financial assets per capital grew 4.4 percent year-on-year, global economic instability and trade wars are weighing heavily on the global middle class, according to Allianz’s new Global Wealth Report. With net financial assets per capita of €100,370 ($110,201), Singapore has taken the crown from Japan as the richest country/region in Asia, ranking […]

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