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Tag: lifestyle

Retail Asia28/04/2023
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Living

Laos raises minimum wage for workers

2min0
The Lao Government has decided to raise the monthly minimum wage from LAK1.2 million (nearly US$70) to LAK1.3 million starting May 1 to ease workers’ difficulties amid soaring inflation and economic uncertainties. The decision was made at the Lao Government’s meeting held on April 25 – 26 under the chair of Prime Minister Sonexay Siphandone. […]
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Retail Asia28/07/2022
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General

Japanese retailer Yoshitsu buys Tokyo Lifestyle

3min0
Yoshitsu Co., Ltd (“Yoshitsu” or the “Company”) (Nasdaq: TKLF), a retailer and wholesaler of Japanese beauty and health products, as well as other products in Japan, today announced that on July 20, 2022, the Company entered into a definitive agreement (the “Agreement”) with All Seas Global Limited to acquire 100% equity interests in Tokyo Lifestyle Limited (“TL”), […]
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Retail Asia29/09/2021
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General

Italian brand Frette opens doors in Singapore

2min0
Italian home accessories and lifestyle brand, Frette, has expanded its footprint in Singapore with its first boutique in Marina Bay Sands. The store also marks the brand’s first mono-brand boutique in the territory. Designed by Milan-based architecture studio Archibrando, the new Frette store features elements used in the brand’s global flagship boutique on Milan’s Via […]
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Retail Asia26/08/2021
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Finance

Expats Pay Packages Fall in Singapore, Hong Kong

2min0
Expat packages have taken a hit as a result of lower cost of benefits and a dip in salaries. The average pay package for a mid-level expatriate in Singapore fell by $7,284 a year, and now stands at $225,171 annually – the 17th highest in the world, ECA International said. However, cash salaries in the republic stand […]
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Retail Asia20/08/2021
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General

Singapore Relaxes Border Restrictions for Travellers

2min0
The city-state will reopen its borders to fully vaccinated travelers from certain countries and is removing stay-home requirements for short-term visitors from several countries. Fully vaccinated travelers from Germany and Brunei will be able to come to Singapore without serving a stay-home notice, under a new Vaccinated Travel Lane arrangement announced on Thursday. At the […]
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Retail Asia01/07/2021
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Fashion

Playboy owner to acquire Aussie lingerie brand Honey Birdette

3min0
PLBY Group is to buy racy Australian luxury lingerie brand Honey Birdette for approximately US$333 million. PLBY Group CEO Ben Kohn said he is “thrilled by the brand’s potential to become a multi-million-dollar luxury lifestyle franchise”. “Our plan is two-fold: to leverage PLBY Group and the Playboy brand’s global operations to accelerate Honey Birdette’s expansion […]
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Retail Asia05/05/2021
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Fashion

Zara launching beauty range

3min0
Soon, you’ll be able to wear Zara from head to toe and from face to toenails. Yesterday, the retailer unveiled Zara Beauty, the company’s first-ever comprehensive beauty collection. It will be launching online and in select stores on May 12. To help create a line of cosmetics that felt playful, innovative, and fresh, the brand tapped world-renowned makeup artist Diane […]
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Retail Asia08/04/2021
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Food

Cafe de Coral Group appoints new managing director

3min0
Café de Coral has promoted Piony Leung to managing director (Hong Kong) with immediate effect.  In her new position, Leung reports to group CEO Peter Lo and manages business operations and provides strategic leadership across Café de Coral Group’s business in the city, including quick-service restaurants, casual dining, and institutional catering. She will also play […]
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Retail Asia30/03/2021
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General

South Korean retail sales record double-digit growth

2min0
Department store sales jumped 40 percent in February against a year-ago period in the biggest year-on-year gain since the data became available from 2005 to suggest a rebound in private consumption in South Korea. According to the Ministry of Strategy and Finance’s monthly economic review, department store sales jumped 39.5 percent on year in February, […]
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Retail Asia02/03/2021
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Fashion

Arket opens doors in Korea

1min0
H&M’s ‘Nordic lifestyle brand’ Arket has opened its first brick-and-mortar store in Seoul, South Korea. Located at Yeouido’s department store The Hyundai Seoul, the Arket South Korea store spans 8000sqft and features the brand’s collections of New Nordic design for men, women and children. The flagship store also houses an Arket cafe, offering vegetarian dishes, […]
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