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Retail Asia24/10/2018

Nestle Japan has opened a permanent made-to-order Kit Kat store in Osaka. The new specialty store is the first and only permanent location in Japan where personalised Kit Kats can be made. It offers customised creations chilled on-the-spot with liquid nitrogen, with customers choosing from three types of chocolate and nine toppings. The store is […]

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Retail Asia12/10/2018

Nestle (Malaysia) Bhd is selling its chilled dairy business – which retails the Bliss brand of yogurt drinks, in Malaysia, Singapore and Brunei – and its Petaling Jaya factory, to Lactalis Manufacturing Malaysia Sdn Bhd for RM155.3 million, as part of plans to set up the largest Milo factory in the world in Chembong, Negri […]

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Retail Asia08/10/2018

Alois Hofbauer will be stepping down as Nestle (Malaysia) Bhd CEO effective Nov 30. Nestle said in a statement that Hofbauer’s departure is to pursue other interests outside the group. Hofbauer will be succeeded by Juan Aranols, currently CFO for the Nestle Group’s Zone Asia, Oceania nd Sub-Saharan Africa (Zone AOA). Aranols joined the Nestle […]

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Retail Asia19/09/2018

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Nestle has opened a pop-up bar in Tokyo to mark today’s release of its new sake-flavoured Kit Kat bar. “Craft Sake Week @Kit Kat Bar” has been offering visitors a preview of the new Umeshu Plum Sake-flavoured chocolate bar paired with cocktails. The space is overseen by former soccer star Hidetoshi Nakata, now known for […]

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Retail Asia05/09/2018

Nestlé and Starbucks Corporation announced the closing of the deal granting Nestlé the perpetual rights to market Starbucks Consumer Packaged Goods and Foodservice products globally, outside of the company’s coffee shops. Through the alliance, the two companies will work closely together on the existing Starbucks range of roast and ground coffee, whole beans as well as instant […]

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Retail Asia16/08/2018

Nestle (Malaysia) Bhd’s net profit for the second quarter ended June 30 rose 2.93% to RM166.16 million from RM161.44 million a year ago due to higher margin. In a filing with Bursa Malaysia, the company said its gross profit margin increased by 10 basis points from 37.8% to 37.9%. Nestle saw a slight increase in […]

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Retail Asia06/08/2018

FMCG major Nestle India has reported 49.95 percent jump in net profit at Rs 395.03 crore for the second quarter ended June 30, helped by lower expenses. According to a PTI report: The company, which follows January-December financial year, had posted a net profit of Rs 263.43 crore for the April-June quarter of 2017-18. Total income during […]

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Retail Asia09/05/2018

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Nestle is to pay Starbucks US$7.1 billion for the global rights to sell and distribute Starbucks products outside cafes. The Starbucks rights deal includes Seattle’s Best Coffee, Starbucks Reserve, Teavana, Starbucks VIA and Torrefazione Italia packaged coffee and tea in all global at-home and away-from-home channels. And the Starbucks brand portfolio will be represented on […]

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Retail Asia08/02/2018

Nestlé may have struck gold with the release of a new type of Kit Kat made using special “ruby” cacao beans. The new flavor, Kit Kat Chocolatory Sublime Ruby, was launched in select stories in Japan and South Korea on 19 January 19 2018 and shows signs of being a hit. The first limited run […]

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Retail Asia31/01/2018

A KitKat flagship store has been launched in Shinsegae’s Gangnam department store in South Korea. It has been opened by Swiss food giant Nestle’s Japanese unit, which has developed special flavours for the chocolate wafer snack in collaboration with chef Yasumasa Takagi, who has just rolled out a special ruby version. As well as the original […]

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Retail Asia23/01/2018

Forget a diamond ring for Valentine’s Day – this has been trumped by a ruby KitKat chocolate snack by Nestle Japan. Its Sublime Ruby KitKat has been unveiled with due ceremony in Tokyo, and has been rolled out in KitKat Chocolatory boutiques across Japan, a further addition to Nestle’s “Made-In-Japan” luxury flavours for the snack. […]

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Retail Asia18/12/2017

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Blue Bottle Coffee has opened its latest flagship café in Tokyo, the sixth one to open in the Japanese capital, as the American coffee outfit expands its retail footprint in Japan. Located in Sangenjaya, the San Francisco-based café is situated in a 50-year old low-rise building, which stands at the end of a no-through road between […]

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Retail Asia16/11/2017

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JD.com profit soared 50 per cent after a 39 per cent increase in sales during the Chinese online retailer’s latest quarter. Its unaudited results for the three months to the end of September show revenue of RMB83.7 billion (US$12.6 billion), with a record 50.3 per cent surge in gross profit to RMB13 billion. Non-GAAP gross […]

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Retail Asia11/11/2017

US brand Blue Bottle Coffee is expected to open in South Korea soon, followed by other Asian countries including China, Hong Kong and Taiwan. “We’re developing our contact here,” CEO Bryan Meehan said while attending the World Coffee Leaders Forum at the Seoul Cafe Show. He said Blue Bottle was researching the market and looking […]

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Retail Asia20/10/2017

Chocolate wafer snack Kit Kat is to have a flagship store in Seoul, being launched by Nestle Japan in co-operation with Nestle Korea. The Swedish snack company’s Japanese branch is known for its exclusive “chocolatory”, which offers special flavours and desserts. Flavours previously exclusive to the Tokyo store will be available at the store set […]

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Retail Asia08/05/2017

Lazada Singapore has unveiled three new shops on its online marketplace, in a bid to bolster its e-tail offering and win consumers during its ‘birthday sale’. Lazada has launched ‘shop-in-shops’ for international heavyweights Coca-Cola, Nestle and Redmart, each of which allows the brands to keep their identity across online and offline channels, while giving shoppers […]

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Retail Asia22/03/2017

Shopify, the cloud-based, multi-channel platform designed for small and medium-sized businesses, has reported a 90 per cent increase in revenues for 2016. GMV rose 99 per cent to US$15.4 billion, figures which “speak to the enormous opportunity in retail right now and our strategic position within it,” according to CFO Russ Jones. Total revenue for […]

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Retail Asia10/02/2017

Amazon India has applied to the government to invest US$500 million in a wholly owned venture that will allow the US eCommerce giant to stock locally produced food items and sell them online. If successful, it would become the first foreign retailer to enter the segment. Amazon already has an eCommerce marketplace in India, but […]

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Retail Asia03/02/2017

Nestle Japan will open its first stand-alone Kit Kat Chocolatory store in Tokyo’s Ginza district on February 2 – and marking the occasion with gifts of special sushi Kit Kats. Since the first Kit Kat Chocolatory opened in January 2014 as a specialty store offering premium and exclusive Kit Kats, the franchise has expanded to […]

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Retail Asia21/12/2016

Nestle Japan has extended its offering from coffee to music as part of a promotional event for its Nescafe Gold Blend Barista instant coffee. It has launched a wooden musical instrument, the “Pythagorean”, which plays Christmas melodies. It is the only Rube Goldberg machine in the world to be installed in a coffee shop. […]

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