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Tag: malls

Retail Asia10/01/2019
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Real Estate

Design Orchard mall to open end of the month

2min0
Design Orchard mall is set to open on January 25 hosting 61 homegrown labels. The new Orchard Road mall, a joint venture between the Singapore Tourism Board (STB), JTC Corporation and Enterprise Singapore, is conceived of as a home and exhibition space for local design work. It features a 9000sqft first-floor retail showcase, second floor […]
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Retail Asia04/01/2019
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Living

Malaysian mall introduces metal straws for shoppers

2min0
Malaysia’s Sunway Malls is introducing metal straws in a move to help eliminate single-use plastic straws from its property. The decision, made in alignment with the United Nations’ Sustainable Development Goals and the government’s decision to ban plastic straws in the Federal Territories in Malaysia, has introduced metal straws. Many of Sunway’s tenants are moving […]
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Retail Asia04/01/2019
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General

E-Land’s owners step down from management

3min0
Owner family members of fashion conglomerate E-Land Group stepped down from management on Thursday, handing over the helm to younger executives internally promoted to leadership roles. The move comes in an effort to rejuvenate its governance structure to strengthen the role of the board of directors of each affiliate and enhance their autonomy when it […]
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Retail Asia02/01/2019
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Living

China’s first ‘Audio Library’ in a shopping mall opened

5min0
In the age of digitalization, shopping malls have evolved from a place for consumption to the “Third Space” in people’s everyday lives. Shopping malls provide a comfortable and relaxing environment with humanitarian touches by truly connecting with customers. CityOn.Xi’an has recently collaborated with the nationwide famous audio sharing platform Himalaya to build China’s first ‘Audio […]
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Retail Asia02/01/2019
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Real Estate

Lulu Group opens Y Mall at Thrissur India

4min0
Lulu Group Chairman and Managing Director, M.A. Yusuff Ali dedicated the newly-opened Rs 250 crore mall project – Y Mall to his home town on 29 December, 2018. M.A.Yusuff Ali’s grandchild, Ayan Ali cut the ceremonial ribbon, officially inaugurating the mall. Speaking at the inaugural event, M.A.Yusuff Ali said that the 2.5 lakh sq.ft Y Mall at Triprayar in […]
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Retail Asia31/12/2018
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Real Estate

Retailers, mall operators embrace high technology

8min0
Malaysian retailers and mall operators are jumping on the technology bandwagon, adopting technologies such as shopper tracking systems and facial recognition cameras, using data analytics to capture important shopper information. Sunway Velocity Mall general manager centre management Danny Lee said the mall completed the installation of its shopper tracking system in early December that identifies […]
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Retail Asia24/12/2018
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Real Estate

Arch Capital tops Taiwanese shopping mall acquisition

1min0
Arch Capital Property Advisors has bought a Taiwanese shopping mall for US$450 million on behalf of private investors. The deal marks the Hong Kong-based company’s first foray into Taiwan’s retail property business. After settlement, Arch Capital will assume management of the property. The target property – Taimall Shopping Center in Taoyuan – has been acquired […]
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Retail Asia21/12/2018
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Fashion

Roberto Cavalli brings “New Species” to HK

6min0
Friday 14th , December Roberto Cavalli brought “New Species” by Paul Surridge to Hong Kong. The Italian luxury fashion, accessories, and lifestyle brand, has unveiled a 360-degree Instagrammable pop-up store at the Harbour City Shopping Mall in Hong Kong. The new pop-up store by its Creative Director Paul Surridge marks a new start for the brand, going back […]
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Retail Asia17/12/2018
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Real Estate

Le Eco Auctioning Beijing Mall on Taobao for RMB2.3B

1min0
Chinese tech firm LeEco has put a Beijing shopping centre up for auction on Chinese e-commerce platform Taobao. Experiencing financial difficulties, yet determined to uphold its online trading practices, the firm has listed the 50,000sqm Beijing Shimao Gongsan Plaza at a reserve of RMB2.3 billion (US$334 million). The move follows legal action by mortgagor China […]
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Retail Asia07/12/2018
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Real Estate

Starfield Korea opens dog lounges for shoppers

1min0
Starfield, a shopping and theme park franchise operated by South Korean retail giant Shinsegae Group, has opened the country’s first ‘dog lounges’ for customers and their pets. The dog lounges offer specially designed sofas for pets as well as their owners, restrooms for pets, and dog hooks where customers can temporarily leave their pets when […]
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Retail Asia07/12/2018
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Living

Lotte opens premium outlet in Giheung

3min0
South Korean retail giant Lotte opened this week a new premium outlet in Giheung, Gyeonggi Province – the second-largest among its branches nationwide and the latest addition to large-scale malls launched by retailers here in hopes of raising offline sales. Lotte is pinning hopes on the latest outlet’s location, citing three highways and five major roads passing through […]
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Retail Asia07/12/2018
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Real Estate

Central i-City to open on Jan 12

2min0
Central i-City is scheduled to open on January 12 as the largest shopping mall in Selangor’s state capital of Shah Alam, Malaysia. A joint venture between Thai retail property developer CPN Ventures and Malaysian developer I-City Properties, the 940,000sqft mall was constructed on an investment of RM850 million (US$204 million) and features 350 lettable stores, […]
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Retail Asia28/11/2018
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E-Tailing

Thai flagship store opened in Coupang

2min0
South Korean e-commerce firm Coupang is planning to launch a flagship store in Thailand to boost the online sales of Thai-sourced products. Thailand’s Ministry of Commerce has been promoting Thai products on the platform since August, which has brought in more than THB118 million (US$3.57 million) for mostly food and beverage items. The ministry has […]
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Retail Asia09/11/2018
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Real Estate

Bangkok’s IconSiam launches tonight

7min0
Six years in design and construction, Bangkok’s US$1.6 billion IconSiam development will finally be officially launched tonight before opening its doors to the public tomorrow morning. With 500 stores, more than 100 restaurants and 14 cinema screens, a luxury apartment tower and a Mandarin Oriental hotel, the ambitious development is probably the most significant addition […]
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Retail Asia08/11/2018
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Real Estate

China’s Mosaic Xi’an mall opened door

2min0
Pradera Retail Asia has opened Mosaic Xi’an mall in China’s Xi’an city. The new 120,000sqm mall is Pradera’s fourth retail asset in China and targets the 20-45 age group with international fashion tenants and entertainment/F&B providers. Already 80 per cent leased, it will hold a one-year promotional program to establish the location in the local […]
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Retail Asia02/11/2018
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Real Estate

High occupancy pays off for CapitaLand China malls

3min0
High occupancy rates of the CapitaLand China malls portfolio helped deliver a 10.5 per cent increase in distributable income in the three months to September. CapitaLand Retail China Trust Management Limited (CRCTML), the manager of CapitaLand Retail China Trust (CRCT), says income reached S$23.6 million this year, compared with $21.4 million the same quarter last […]
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Retail Asia31/10/2018
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Real Estate

Malaysia to reach 700 malls by end of the year

3min0
Malaysia can expect to have close to 700 shopping malls trading by the end of next year, according to Malaysia Retail Chain Association (MRCA) president Datuk Seri Garry Chua. The malls will represent a net lettable area of 170 million sqft in total, potentially higher than current market demand. In an report, Chua said: “Currently […]
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