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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 )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )

Retail Asia20/06/2022

Wealthy people are splurging millions of dollars to buy ultra-luxury apartments mostly as second homes. Hoa, owner of a house and a villa in HCMC’s Thu Duc City, said she recently bought a VND30-billion (US$1.3 million) apartment. Located on the 27th floor of a luxury project, the 200-square-meter unit offers unobstructed views of the Saigon […]

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Retail Asia08/04/2022

Luxury brands are expanding their presence in Vietnam as they seek to profit from the country’s growing middle class and robust economic growth. Italian luxury car brand Lamborghini announced its return this month after a year of inactivity, and has named a new distributor, S&S Automotive. The distributor, which is also a dealer for other […]

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Retail Asia01/11/2021

Valentino has named Alessandra Andreani their new CEO for Southeast Asia and Australia. Andreani will be based in Singapore, and will report to Marco Giacometti, Valentino’s chief commercial officer. The news was reported by WWD. In her new role, Andreani will working on growing Valentino’s presence throughout Singapore, Malaysia, Australia, and Thailand. She takes over […]

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Retail Asia26/07/2021

Sales at Giorgio Armani jumped 34% in the first half of 2021 as business in China and the United States helped the Italian fashion group bounce back, although it said it could be next year before it fully recovers from the pandemic. “The goal is to return to pre-pandemic levels by 2022, with… over 2 […]

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Retail Asia22/07/2021

Change is afoot at Burberry. Since 2018, the British heritage brand’s Chief Creative Officer Riccardo Tisci has been reimagining the label with the goal of finessing its high-end luxury status. Working closely with CEO Marco Gobbetti, who recently announced he’ll be stepping down from his role at the end of the year, Tisci has revamped Burberry’s […]

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Retail Asia20/05/2021

The luxury goods sector could shrug off the hit from the coronavirus crisis as early as this year as Chinese and US shoppers help sales recover to pre-pandemic levels, consultancy Bain said on Monday. Bain now sees a 30 percent probability that sales of high-end handbags, clothes and jewelry will return to or exceed their […]

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Retail Asia13/05/2021

If you ever plan to buy a property in a European country, a Golden Visa program in Europe can provide more than an investment. For example, Portugal Golden Visa provided 8,881 non-EU investors residency in Portugal. This number belongs to the years between 2012 and January 2021. What is more interesting is that more than […]

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Retail Asia30/04/2021

The first store selling Gucci products in Japan, operated by Sun Motoyama, opened in Ginza in 1964 and the brand’s first boutique was unveiled in Tokyo in 1972. It was Gucci’s first store to open in Asia. Japan remains a stronghold, according to Gucci president and chief executive officer Marco Bizzarri. “We have never stopped believing in the […]

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Retail Asia28/04/2021

Last year in September, Hyundai Group’s premium car brand- Genesis hired Dominique Boesch as its first Managing Director for the European market and now the company is all set to make its foray into the market. Genesis took to Twitter through its European handle to share the news and the tweet read, “The Genesis journey […]

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Retail Asia23/04/2021

As Italy entered a new coronavirus lockdown and shut shops in March, Genoa-based jeweller Gismondi 1754 turned to messaging service WhatsApp to sell a 300,000 euro diamond ring to a wealthy Swiss client. At the same time, sales assistants at luxury puffer jacket brand Moncler were arranging gourmet dinner deliveries to customers homes so they […]

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Retail Asia19/04/2021

This past January, Google closed on its $2.1 billion acquisition of Fitbit. Today, Germany’s WinFuture published some photos of the next Fitbit fitness tracker, the Fitbit Luxe. The wearable is supposed to deliver “balanced health in an elegant design,” and with the use of a polished stainless steel casing, the device does look to be as advertised. The […]

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Retail Asia09/04/2021

Italian luxury brand Dolce & Gabbana has opened its first DG Beauty boutique in Southeast Asia at Ion Orchard, in Singapore. The 92sqm store will host a selection of fragrances, and for the first time will exclusively sell its makeup line in-store. Each corner of the boutique is adorned with details reflecting the brand’s “La […]

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Retail Asia12/03/2021

Los Angeles-based fine jewelry and lifestyle brand Hoorsenbuhs opened its first overseas store at the Ginza Six mall in Tokyo, Japan on Friday, March 5th. The 1,050 square foot space in Tokyo comes to life through the eyes of founder Robert Keith. For the store, Keith designed custom chairs, tables, lights, and jewelry cases featuring the brand’s […]

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Retail Asia02/03/2021

French luxury group Kering has taken a 5 percent stake in Vestiaire Collective, a leading platform for second-hand clothes and handbags, betting that the booming resale market will help it woo younger and more environmentally conscious shoppers. The purchase is part of a 178 million euro (US$215 million) financing round announced on Monday which valued […]

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Retail Asia11/02/2021

Baozun, the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, today announced that it has entered into a share purchase agreement with all the shareholders of Full Jet Limited (“Full Jet”), to acquire a 100% equity interest in Full Jet. The acquisition is subject to customary closing conditions and […]

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Retail Asia11/02/2021

Kampos, the ultimate Italian brand promoting luxury with integrity, is expanding overseas by entering the South Korean market. The brand has recently signed a partnership with a local distributor, Sanghyun Yu, based in the capital, Seoul, and has already established Kampos South Korea Ltd. As part of the strategy, the brand has just launched its […]

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Retail Asia01/02/2021

Italian luxury group Prada sees revenues rising to 5 billion euros ($6.1 billion) in four to five years, its chief executive said on Thursday. “We will reach five billion euros in a matter of four to five years. COVID-19 has given a strong shock to the whole system, we will see a strong acceleration when […]

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Retail Asia27/01/2021

French luxury goods group LVMH LVMH.PA plans to overhaul Tiffany & Co’s vast merchandise lineup to focus more on gold and precious gems while going more upmarket with its silver bangles after closing the $15.8 billion takeover of the U.S. jeweller this month. Six sources including two people with inside knowledge of Tiffany’s operations told Reuters the […]

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Retail Asia22/01/2021

Italian luxury label Prada has ended all cooperation with Chinese actress Zheng Shuang, a week after appointing her as a brand ambassador after she was engulfed in a surrogacy controversy that has enthralled the Chinese public. Prada made the announcement late on Tuesday, after coming under heavy criticism on Chinese social media for cooperating with […]

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Retail Asia22/12/2020

Local apparel retailer Bauhaus International (0483) has revealed an intention to close all its retail stores outside Hong Kong and Macau by the end of March. The group’s loss outside Hong Kong and Macau expanded more than 13 times to HK$78.4 million in 2019 over 2018 before it narrowed to HK$68.6 million this year. Most […]

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