Tag: shops

Retail Asia06/12/2023
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2min0
Vietnam’s coffee exports in 2023 are expected to break the record of US$4 billion in export value set in the previous year. According to the Ministry of Agriculture and Rural Development, the country shipped 1.36 million tonnes of coffee abroad, earning nearly $3.5 billion. Vietnam entered the new 2023-2024 coffee crop which began in October, […]

Retail Asia07/09/2022
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2min0
Spanish fashion label Desigual says it plans to open 60 stores in Mainland China, including flagships in Shanghai and Beijing. The launch will be via a joint venture with E-Shine, also a local partner of listed fashion company Septwolves Industrial. Desigual aims to reach an annual turnover of US$40 million five years from now, with […]

Retail Asia25/05/2020
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3min0
Social commerce is about to get a whole lot more social, with Facebook announcing the launch of its business-to-consumer marketplace offering Facebook Shops. The new platform began rolling out in New Zealand yesterday and will be progressively rolled out across international markets during the coming months. Shops will leverage the co-owned ecosystem of Facebook, Instagram, […]

Retail Asia18/03/2020
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3min0
Fast-fashion retailer Esprit says foot traffic into its stores worldwide have evaporated in the wake of the coronavirus pandemic and warned shareholders to expect a “considerable loss”. Public health initiatives enacted in many countries across the world aimed at slowing the spread of the pandemic have resulted in the closure of “a significant number of […]

Retail Asia03/02/2020
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4min0
Increased full-price sales and lower markdowns signal that H&M’s multi-pronged transformation plan is paying off, according to GlobalData analyst Kate Ormrod. H&M fourth-quarter sales were affected by the later timing of Black Friday last year, compared with 2018, however that failed to dent an impressive turnaround performance from the Swedish fast-fashion retailer which 12 months […]

Retail Asia17/12/2019
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4min0
There’s a new trend capturing South Korean consumers’ attention: shops without stock, focusing on experience rather than instant retail sales. With a growing number of consumers choosing and purchasing products online or on mobile devices, hands-on stores that target such customers are becoming a new marketing trend. Amore Seongsu, which opened in early October as […]

Retail Asia04/09/2019
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3min0
Singapore Airlines’ inflight and online travel retail store KrisShop has revamped its brand and launched a new website. To mark the launch, KrisShop is curating a pop-up exhibition in downtown Singapore, divided into several experiential zones, each showcasing a different retail feature of the new site. KrisShop.com now sports a cleaner look with a new […]

Retail Asia12/08/2019
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1min0
Multi-label concept store NomadX has updated and expanded its space, adding new stores.  Technology has also been rolled out: along with a touchscreen directory, interactive screens and “game stations” that help customers to find their style, there are mirrors that offer automated store assistance. Customers can also scan the product QR code to add any […]

Retail Asia12/07/2019
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4min0
Hong Kong-headquartered jeweller Tse Sui Luen has reported a 9.6 per cent increase in profit for the full year, despite a marginal 1.7 per cent drop in group turnover. Profit attributable to shareholders was HK$54.2 million (US$6.9 million) on sales of $4.065 billion ($521 million). The Tse Sui Luen store network grew by 56 during […]

Retail Asia03/06/2019
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4min0
Coles is ramping up its convenience strategy, with a plan to grow sales on the back of “food-for-now” and “food-for-later” products. As part of this strategy, the brand will convert around 200 Coles supermarkets to a more premium, convenience-focused format, as shift 200 lower-volume stores to a more value-centric format, while adding around 75 new […]

Retail Asia25/03/2019
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5min0
Data platform Next Billion is collaborating with data exchange service Ocean Protocol to pilot a new data-sharing model that gives Indian rural store owners an extra income stream. Next Billion, which creates insights to enable companies to expand in high-growth emerging markets, provides free point-of-sale platforms to rural store owners to record real-time inventory and […]

Retail Asia21/03/2019
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6min0
Turnover of the storied Italian leather goods brand increased to 513 million euros. Over the course of the fiscal year, the company made significant investments to strengthen its supply chain and technology – and began 2019 with the launch of its new sneaker collection Furla Group continues to grow: over the past four fiscal years, […]

Retail Asia06/03/2019
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1min0
Changi Airport has added new restaurants and stores to its retail offer. In the transit area, Irvin’s Salted Egg has opened a kiosk at Terminal 1. In the public areas, new eateries have opened at Terminal 3’s basement 2 including three by the Pezzo Group: Crave, Coffee Boy and Stuff’d. Mr Teh Tarik Express and […]

Retail Asia13/06/2017
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2min0
Indonesians can now purchase US-made Tesla Model X electronic luxury cars with price tags starting from US$200,000. Prestige Image Motorcars, the sole Tesla motor car distributor in Indonesia, began exhibiting one of the cars at its showroom in Pluit, North Jakarta, on Tuesday. Prestige president director Rudy Salim said his company started receiving orders for the car in June with deliveries, […]


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