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Tag: spain

Retail Asia15/03/2023
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Fashion

Spain’s Mango plans U.S. expansion after China retreat

4min0
Chief Executive Officer Toni Ruiz said that Spanish fashion retailer Mango is focusing on U.S. expansion after turning its back on China. After two previous attempts failed, mango is returning to the United States to offer higher-priced clothes meant for special occasions and parties. It will target states where online sales are already strong. The […]
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Retail Asia03/03/2022
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Finance

UBS Bankers in Spain Jumping Ship

2min0
UBS sees bankers and managers depart from its Spanish unit prior to its sale to a local competitor. A decision by UBS last year to sell its Spanish unit to Singular bank appears to have led to an exodus of at least eight private bankers and managers, Bloomberg reported Wednesday. Two of the departing bankers are said to […]
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Retail Asia13/01/2022
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Finance

Revolut Expands as a Bank

2min0
Europe’s most valuable fintech has already amassed 18 million app users worldwide. Some of those are about to become bank customers. The London-headquartered neobank is launching as a bank in ten additional European markets, lifting the number of countries it operates in to 28, it said in a statement. The challenger bank can now protect client […]
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Retail Asia26/10/2021
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Finance

UBS Selling Onshore Business in Spain

2min0
Switzerland’s largest bank is giving up its business with its Spanish onshore clients. This follows a similar move in Austria less than a year ago. UBS is selling its Spanish office to Singular Bank according to an emailed statement Monday. This comes after months of speculation that many European markets simply aren’t large enough to warrant a […]
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Retail Asia12/04/2021
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Food

Papa John’s launches in Cambodia

1min0
US pizza chain Papa John’s is launching in Cambodia with 15 restaurants scheduled to open during the next three years. The company opened its flagship store in Phnom Penh last month. “Papa John’s Cambodia team is truly passionate about pizza,” said Peter Xu, Papa John’s Cambodia franchisee. “With our ‘Better ingredients – Better pizza’ promise, […]
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Retail Asia04/03/2021
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General

Steel industry expected to recover this year

3min0
Vietnam’s steel industry is expected to recover this year with rising export orders, thanks to improved global demand and surging domestic consumption. Market leader Hoa Phat Group last month exported over 12,000 tonnes of products, mostly cold-galvanized steel, to North and South America. This followed an export of 10,000 tonnes in January to Belgium and […]
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Retail Asia12/06/2020
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Fashion

Ecoalf opens first Japanese flagship

1min0
Spanish fashion brand Ecoalf has opened its first Japanese flagship store, in Tokyo. Located in Shibuya district, the Ecoalf store spans two floors and offers a wide selection of products including the label’s latest collection. Designed by Japanese architect Yohei Sakamaki, the store features a sustainability concept ‘Sharing Ecology’, using natural materials such as Japanese […]
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Retail Asia16/12/2019
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Fashion

Spanish fashion label Desigual set for India launch

2min0
Spanish fashion label Desigual is set to launch in India. The firm is being introduced to the territory by local retail group Tablez, which is first taking the brand online via Myntra before nationwide openings of physical stores next year. Six stores are planned for top-category cities before openings in multiple tier-2 cities. “It gives […]
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Retail Asia01/08/2018
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Real Estate

Apple Piazza Liberty now open in Milan

3min0
Apple Piazza Liberty has opened in Milan, the latest significant global flagship for the tech retailer. The store is an ensemble of two fundamental elements: a stepped plaza and a fountain. Located just off the Corso Vittorio Emanuele – one of the most popular pedestrian streets in Milan – visitors are drawn towards the piazza […]
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Retail Asia19/02/2018
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Food

Spanish wine made for Asia

5min
The practice of dining together and sharing plates is something Asian and Spanish cultures have in common. So Spanish winemaker Alejandro Garcia Lopez, director of Rioja winery Vina Pomal, wanted to make a wine to suit the shared dining experience in Asia. He created the Vina Pomal Edicion Limitada 2012, which will be sold exclusively […]
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Retail Asia28/09/2017
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Fashion

Sephora concept stores debut in France and Spain

3min0
New Sephora concept stores have opened in Spain and France, hinting at the LVMH-owned cosmetics retailer’s future design direction. Unashamedly targeting millennials, the brand is trying to increase dwell time in-store and encourage younger shoppers to buy into perfume. First introduced in France, the hyper-connected stores bring customers what Sephora describes as “a unique beauty […]
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Retail Asia20/01/2017
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General

Capacity and demand grows on Asia routes from Spain

2min
International outbound flights from Spain were up by 2.7% last year with the biggest increase seen from countries in Asia Pacific; a trend that looks like it will continue in 2017, says travel analyst ForwardKeys. Passengers to Asia Pacific destinations were up by 15.7% on the previous year with many countries seeing double-digit growth, including […]
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Retail Asia02/01/2017
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Food

Vinh Foods products to be sold in Spain supermarket

1min0
Vinh Foods products, a brand of catfish processor Vĩnh Hoàn Corporation, have been put on the shelves of Mercadona, the largest supermarket chain in Spain, from December. Vĩnh Hoàn Corporation is expected to earn revenue equal to 10 million euros (US$10.5 million) from supplying tra fish to Mercadona in 2017 and 16-19 million euros in 2018-19. The […]
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Retail Asia11/06/2016
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E-Tailing

Restructure for Rakuten Europe

3min0
A restructure of Rakuten Europe will see the Japanese eCommerce company exit two countries to focus on France and Germany. Following a strategic review of its operations in Europe, Rakuten has decided to close its operations in the UK and Spain, due to the high capital cost of growth relative to the size of the […]
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Retail Asia30/10/2015
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Fashion

Missha Barcelona debut

1min
South Korean cosmetics brand Missha has opened a new store in Barcelona, Spain. The new Missha Barcelona store marks the Able C&C-owned brand’s second European market, after it opened a store in Ingolstadt in Germany in February. Missha is the first Korean cosmetic brand to open a retail store in Spain. While Missha had ‘shop […]
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Retail Asia11/06/2015
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General

Bali ‘s exports to Spain increased 38.93%

2min
The exports of unique Balinese crafts and antiques to Spain increased by 38.93 percent, from US$5.4 million recorded in January-April 2014 to US$7.4 million in the same period in 2015. “Spain imports various woven products in the form of sandals, cloth bags, non-knitted items, confectionery, and furniture,” Balinese entrepreneur Made Parwata stated here on Thursday. […]
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Retail Asia25/03/2015
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General

Inditex sales, profit rise

4min
Same store sales and group profit both increased by five per cent at Spanish apparel giant Inditex in 2014. In financial statements just released, Inditex said its key same store sales growth indicator stands at 23 per cent over the past five years. Net profit totalled €2.5 billion. Group sales revenue rose by eight per cent […]
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Retail Asia19/02/2015
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Fashion

Inditex ends Angora lines

3min
Spanish fashion giant Inditex has announced a complete and permanent ban on the use of angora wool across all its brands. The ban follows discussions with animal rights group PETA US and a media expose of the cruel practice where live rabbits’ fur is ripped from their skin to produce the soft thread. Inditex, the […]
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