Macau

Don't Miss:

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 )
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 )

Retail Asia29/05/2020

101830694-macau-skyline.1910x1000-1024x536.jpg

Macau retail sales plunged 45.1 percent in the first quarter of this year to around US$1.41 billion according to the territory’s Statistics and Census Service. The huge fall followed the effective closure of the border with Mainland China and the resulting the absence of people venturing to Macau for gambling, shopping and conventions due to […]

CONTINUE READING

Retail Asia27/04/2020

Ikea Macau opened its doors yesterday, the first of the Swedish furniture homeware retailer’s stores in Asia which does not feature the brand’s traditional one-way ‘winding path’ format. The 90,000sqft store, the territory’s first Ikea, opened at Nova Grande residence’s shopping mall in Taipa. It includes an Ikea Cafe, Swedish Food Market and has 600 […]

CONTINUE READING

Retail Asia28/02/2020

Macau souvenir bakery Koi Kei Bakery, known for its peanut brittle and almond biscuits, will be closing its Hong Kong branches in Tsim Tsa Tsui, Causeway Bay and Mong Kok this Saturday, leaving the airport outlet (pictured) its sole remaining store in the territory. Hong Kong’s tourism board says inbound visitor numbers have plunged 98 […]

CONTINUE READING

Retail Asia24/02/2020

Coronavirus hit the world out of the blue and as for now, more than 75,000 people are infected with the deadly virus worldwide. The death toll currently stands at 2012, as France recorded the first one in Europe last week. Macau, one of the world’s largest gambling hubs is also under a great threat due […]

CONTINUE READING

Retail Asia06/02/2020

Macau’s government has ordered the closure of the territory’s casinos for at least two weeks over fears coronavirus might be spread through venues. The closures followed a reduction of some 87 percent in the numbers of mainland Chinese visiting Macau during recent weeks, the result of the mainland government banning outbound group tours. The casino […]

CONTINUE READING

Retail Asia24/01/2020

China is supposedly set to report new financial arrangements in Macau in potential scorn to protest-stricken Hong Kong. Xi Jinping will visit Macau next Monday to recognize the city’s twentieth jubilee come back to China. The President’s visit and the revealed monetary motivations are intended to throw a “sign to HK,”. The capital is set […]

CONTINUE READING

Retail Asia20/01/2020

Hong Kong-headquartered Luk Fook group has followed its archrival Chow Tai Fook in revealing plans to shutter stores in the territory’s tourist areas – but it sees growth opportunities in Macau. “The group will reduce the number of shops in areas which are considerably impacted by the social incidents in Hong Kong, and search for […]

CONTINUE READING

Retail Asia26/12/2019

Best Mart 360, the Hong Kong-listed ‘leisure-food retailer’ opened its first store in Macau yesterday. The company – which has suffered vandalism to some 75 of its Hong Kong stores during recent protest activity – believes there is potential for as many as 15 stores in Macau. In an interview with the South China Morning […]

CONTINUE READING

Retail Asia20/12/2019

Beijing has directed state-owned banks and enterprises to help set up infrastructure in Macau to aid financial diversification, and to serve as a contingency plan if the situation in Hong Kong worsens. Two officials who helped develop the Shanghai stock exchange moved to Macau to help establish its yuan-based stock exchange, one of the sources told […]

CONTINUE READING

Retail Asia11/12/2019

Macau is facing one of the toughest years ever in its presence in China. The enterprise is facing the first time a decline in annual gaming revenues during the last 3 years. Macau first came to China 20 years ago. Macau has managed to revolutionize the gambling scene and has long been hailed as the […]

CONTINUE READING

Retail Asia04/11/2019

Ikea says it plans to open in Macau in the first quarter of next year. Located in Taipa, the Ikea Macau store will occupy an area of 90,000sqft, offering a wide range of home furnishing products. The new store will feature several showrooms, an Ikea cafe, and a Swedish food market. The store will be […]

CONTINUE READING

Retail Asia01/11/2019

DFS Group has become the first international retailer to activate WeChat facial-recognition payment outside Mainland China. Authorized by the government of Macau, DFS Group has trialed 10 WeChat facial-recognition devices at T Galleria DFS. After Macau success, T Galleria Beauty by DFS in Hong Kong’s Causeway Bay will be the next store to enable the […]

CONTINUE READING

Retail Asia12/09/2019

American upscale casual-dining restaurant The Cheesecake Factory in Macau is set to open in Sands Cotai Central. The more than 8500sqft restaurant, which will be operated by a subsidiary of Maxim’s Caterers Limited, will offer fresh from-scratch dishes and more than 30 cheesecakes and specialty desserts from the US. The venue is sized to accommodate […]

CONTINUE READING

Retail Asia07/08/2019

Sands Resorts Macao will host the Sands Macao Fashion Week 2019 from October 17 to 23 with a week of fashion shows, exhibitions and promotions. The event, being held for the third time, is designed to showcase the many retail outlets at Sands Shoppes Macao and the upcoming autumn/winter collections. Apart from the opening night […]

CONTINUE READING

Retail Asia01/08/2019

Italian high-end watchmaker Panerai has opened its renewed Galaxy boutique in Macau. The 42sqm store joins the existing locations in Wynn Macau and Wynn Palace and is located at the Galaxy Macau resort on Cotai Strip, where the most prestigious local hotels and entertainment areas are based. The concept of the design and materials used […]

CONTINUE READING

Retail Asia25/03/2019

Emperor Watch & Jewellery sales rose strongly in Hong Kong and Macau last year, due to a rebound in tourism in the first half and the opening of new stores. Hong Kong remained the group’s core market, with sales there up 19.6 per cent. In Macau, sales rose 224 per cent, according to the company’s […]

CONTINUE READING

Retail Asia05/03/2019

7.2.13PicktheRightRunningshoe2-1024x682.jpg

Chinese sportswear retailer Xtep has signed a deal with Wolverine World Wide to distribute Merrell and Saucony products in Mainland China, Hong Kong and Macau. The joint venture plans to start operating in the second half of this year. “We are delighted to have Wolverine, a global company with a portfolio of premium brands, as […]

CONTINUE READING

Retail Asia26/02/2019

Sands China mall revenue rose 5.8 per cent last year as Mainland China visitor numbers rebounded. Sands China owns The Venetian Macao, Sands Cotai Central, The Parisian Macao and The Plaza Macao shopping centres which boast a combined 1.87 million sqft of retail-mall space. They form a key part of the company’s giant gaming and […]

CONTINUE READING

Retail Asia22/02/2019

An unseasonably warm winter and weak consumer sentiment in core markets has been blamed for a more than doubling of losses for Bossini International in the six months to December. The casual-fashion retailer reported a 10 per cent decline in group revenue to HK$875 million (US$111.5 million) and a 5 per cent drop in same-store […]

CONTINUE READING

Retail Asia29/01/2019

Luxury fashion retailer Tod’s says Greater China sales rose 3.2 per cent last year, to reach €218.7 million. Releasing annual sales results, the Italian-based company said Greater China sales growth accelerated during the fourth quarter, especially on the mainland which now accounts for 60 per cent of its Asian turnover. Hong Kong and Macau also […]

CONTINUE READING

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CALL US ANYTIME

Most read

Retail updates

Stay up to date of the lates updates and retail news from Asia.

X