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16/05/2024 The TikTok ban could hurt small businesses that prosper thanks to mobile users ( General )
16/05/2024 WhatsApp could add a new sticker-related feature very soon ( General )
15/05/2024 Facebook and Instagram experiencing outages along the East and West Coasts of the U.S. ( General )
14/05/2024 Qantas to launch new route from Manila to Brisbane ( General )
13/05/2024 Meta expands paid verification service for businesses ( General )
10/05/2024 For complex iPhone AI tasks, Apple will use cloud-based servers running M-series chips ( Electronics )
10/05/2024 Samsung plans to add $1B to Vietnam investment annually ( Electronics )
08/05/2024 Digital content exporters open foreign offices to avoid tax ( General )
06/05/2024 WhatsApp’s new status update tray with previews is rolling out more widely in beta ( General )
02/05/2024 A Deep Dive into Grade A Buildings in Hong Kong ( General )
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 )

Retail Asia31/08/2020

Convenience-store chain 7-Eleven Malaysia has maintained its profitability despite the impact of the coronavirus pandemic. Profit for the first half of the current financial year from the brand’s convenience-store and pharmaceutical businesses hit US$5.8 million and $1.4 million respectively. The group’s consolidated profit after tax for the half-year was $3.35 million. The business remained healthy […]

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Retail Asia21/08/2020

Cosmetics & skincare retailer The Body Shop is launching an “activist workshop” store in Singapore at the Ion Orchard shopping center. Building on the brand’s reputation for being environmentally aware and natural, the store has been transformed into an interactive ‘activist workshop’ that encourages visitors to explore and recycle products. The store features sustainable fixtures […]

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Retail Asia10/08/2020

Savvy Southeast Asian consumers are shop-hopping across an average of 5.2 online sites before making a purchasing decision, up from 3.8 sites last year. The insight is among those unveiled by a new joint Facebook and Bain & Company report that shows digital growth in the region has surpassed previous projections. This year’s survey covered […]

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Retail Asia03/08/2020

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Luxury fashion label Burberry has teamed with technology giant Tencent to launch its first social retail store in Shenzhen, China. Located in the new Shenzhen Bay MixC development, the Burberry social store features a unique design with a variety of materials and textures ranging from plywood to mirror and high-gloss finishes. Occupying a 539sqm area, […]

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Retail Asia03/08/2020

Nike has opened the brand’s largest House of Innovation yet, in Paris, focusing on delivering a digital retail experience. Located at number 79 on the famous Avenue des Champs-Elysees, the House of Innovation 002 spans four floors and occupies a 2400sqm area. According to the company, Nike Paris will focus on four areas: uniting shoppers […]

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Retail Asia30/07/2020

Shanghainese women purchasing luxury goods in the post-Covid-19 era are making conscious choices in consumption – with a tendency towards revenge shopping amongst younger buyers. The insights were revealed in new research by local luxury intelligence agency Gusto Luxe. The firm’s latest report analyses trends in luxury shopping among Shanghai’s women, highlighting several factors with […]

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Retail Asia28/07/2020

French supermarket chain Carrefour has launched a new pet store concept in Paris, in collaboration with Invivo Retail’s pet care brand Noa. The new 190sqm shop-in-shop opens at the Saint-Brice-sous-Foret hypermarket to the north of the city, featuring a broad selection of pet care products (including specialist brands) sold by expert vendor-advisers responding to an […]

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Retail Asia24/07/2020

Convenience-store chain 7-Eleven has warned of a bogus ‘franchisor’ in Cambodia. The company said it received reports that there is an unauthorized party representing itself as 7-Eleven’s master franchisee in the country and attempting to sell outlets. The reports promoted the company to issue an announcement confirming that Thailand’s CP All is the sole master […]

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Retail Asia07/07/2020

Global Brands Group has reported a net loss attributable to shareholders of US$598 million in the year to March. That followed a loss of $400 million the prior year, but the company claims its restructuring program involving axing brands and stores is paying off, citing a pre-tax profit of $151 million for the year. Group […]

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Retail Asia03/07/2020

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Sands China is to launch the Sands Shopping Carnival at Venetian Macau next month to boost the local retail market. Co-organized by the Macau Chamber of Commerce, the promotion will feature some 500 free booths for local SMEs and Sands retailers to promote their products. Besides shopping, the Sands Shopping Carnival will also feature an […]

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Retail Asia11/06/2020

Macau’s casino malls have seen a welcome resurgence in foot traffic as locals bearing shopping vouchers return to store floors. While gamblers have yet to return to the casino venues, government e-voucher handouts to eligible residents of the territory have stimulated the local economy in the wake of the coronavirus pandemic. “Consumption coupons did help,” […]

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Retail Asia09/06/2020

Online shopping in Singapore has surged since the outbreak of the coronavirus pandemic. Research from data and analytics firm GlobalData suggests the effect on the country’s e-commerce market will be long-lasting, estimated to reach US$9.5 billion this year. Previously, e-commerce grew at a compound annual growth rate of 15.4 percent between 2015 and 2019 to […]

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Retail Asia09/06/2020

Gap – the brand – is floundering internationally, with sales down 50 percent in the first quarter, a rate far worse than other mainstream apparel retailers in the wake of the Covid-19 crisis. Gap Inc, its parent, reported a US$932 million net loss for the three months to March on sales down group-wide by 43 […]

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Retail Asia03/06/2020

Liverpool FC has partnered with soccer shop Kamo to launch its first online store in Japan. The Liverpool FC online store offers a wide range of replica kits and the brand’s authentic merchandise, apparel and fashion accessories, including the exclusive Hello Kitty x LFC Collection. “As a key player in the football and sports-retail industry, […]

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Retail Asia03/06/2020

Japanese department store sales plunged 60 percent last month as the Covid-19 crisis saw retailers close or operate under reduced hours across the country. Sales in the Matsuzakaya and Daimaru department stores were down 73.2 percent year on year, although that was an improvement on the 79.1-per-cent decline a month earlier. Rival operator Takashimaya says […]

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Retail Asia27/05/2020

South Korean retail group Lotte Shopping will sell off 121 stores this year in an attempt to recover from the impact of the coronavirus pandemic on sales. The company says it will close five department stores, 16 discount stores, 75 supermarkets and 25 physical stores linked to its online mall LOHB within this year. The […]

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Retail Asia25/05/2020

Sephora China has launched a flagship store on Alibaba’s B2C platform Tmall Global. The Sephora Tmall Global flagship features a selection of beauty brands including Fenty, perfume house Bon Parfumeur, and skincare brands like Farmacy and Dermalogica. The cross-border store also introduced a series of beauty lines’ China debut such as Natasha Denona and Sunday […]

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Retail Asia25/05/2020

Italian jewelry firm Bulgari has launched an e-commerce platform in Singapore prior to opening online services in its home territory. Korea will soon follow. The luxury brand is accelerating its digital program following the effect of the coronavirus pandemic on the industry, placing restrictions on the ability of shoppers to visit physical stores. It is […]

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Retail Asia24/04/2020

Singapore supermarket chain FairPrice has launched a mobile grocery service dubbed ‘FairPrice on Wheels’, delivering essential groceries closer to customers’ homes. With FairPrice on Wheels, customers living far away from supermarkets can now buy products from FairPrice’s vans parked near their home. Essential products include rice, milk, eggs, canned products, vegetables and toiletries. FairPrice has […]

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Retail Asia16/04/2020

Shopee Malaysia has announced an RM15 million (US$3.5 million) support package for sellers on its network. The online retail platform’s package aims to assist around 70,000 SMEs in the territory trading in a range of sectors and is an outcome of engagements between itself, retail associations, business owners and chambers of commerce. “These SMEs need […]

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