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Tag: spending

Retail Asia15/02/2019
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Fashion

Vietnamese women up makeup spending

4min0
More Vietnamese women are wearing makeup and spending more on makeup products, a new survey finds. The survey finds that Vietnamese women spend an average of VND300,000 ($13) on makeup products a month, with those with higher incomes spending even more. This number marks an increase of 5.4 percent from VND284,000 ($12.2) in 2016, says […]
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Retail Asia13/02/2019
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Food

Starbucks Malaysia celebrates Reserve’s success

2min0
Starbucks Malaysia plans to open two or three of its premium Reserve concept stores annually. The brand’s eighth Starbucks Reserve store opened at the end of last month, a 5000sqft flagship at Berjaya Times Square, three years after the first outlet launched at The Gardens Mall. “We did not anticipate such a strong reception for […]
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Retail Asia11/02/2019
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Food

The cartoon cafe opens in South Korea

2min0
The interior of Cafe Yeonnam-dong 239-20 in Seoul, South Korea makes customers feel as though they’ have stepped into a cartoon world. Most cafe owners know it takes more than just great coffee to create a successful business. From an Instagram-worthy Wes Anderson-esque cafe in the Philippines to a coffee shop shaped like a Rolleiflex […]
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Retail Asia11/02/2019
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Living

F&B outlets get bigger bite in shopping malls Malaysia

5min0
Shopping malls are now allocating a higher percentage of their tenant mix (more space) to food & beverage (F&B) retailers, partly because competition from online platforms has impacted other types of retailers such as fashion, according to a market research and consulting firm. “Traditionally, F&B made up less than 20% of a mall’s tenant mix, […]
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Retail Asia01/02/2019
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Finance

Alibaba Group sales jumps high

4min0
Alibaba Group sales soared 41 per cent in the December quarter as its customer based neared 700 million. The Chinese company’s turnover for the three months reached US$17.057 billion and its net income attributable to shareholders $4.807 billion. “Our resilient operating and financial performance is a direct reflection of our persistent focus on better serving […]
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Retail Asia23/01/2019
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Food

More bubble tea shops open in Vietnam

8min0
More and more Vietnamese entrepreneurs are banking confidently on the popularity of bubble tea among the nation’s youth.It was past 10 in the night, but the bubble tea shop was packed. “I opened this milk tea shop just a few months ago, but people have been pouring in every day. My six employees struggle to […]
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Retail Asia23/01/2019
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Food

Starbucks India showcases coffee craft and innovation with ‘Starbucks Barista Pride’

3min0
Starbucks is taking beverage innovation to new heights with the simultaneous launch of 134 new, crafted beverages. Delivering on the iconic ‘Third Place’ experience, while strengthening commitment to innovation and coffee passion, the global coffee chain has introduced a new initiative called Starbucks Barista Pride where baristas from each Starbucks store will feature a beverage unique to their store, conceptualized […]
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Retail Asia23/01/2019
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Food

Vietnam liquor maker makes a loss, 4 years in a row

3min0
Nation’s leading liquor maker Halico has reported a loss of VND75 billion ($3.22 million) for 2018. With Vietnamese consumers moving towards foreign brands, the 120-year-old liquor maker, in which Vietnam’s second biggest brewery Habeco has 54.29 percent ownership and British multinational Diageo holds a 45.5 percent stake, Halico has reported losses for the fourth year […]
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Retail Asia21/01/2019
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Food

Luckin, Starbucks rivalry heats up

14min0
Luckin vs Starbucks: baristas and technology are engaged in a gigantic battle for Chinese coffee drinkers’ loyalty. Seattle, Washington-based Starbucks Corporation has been the indisputable market leader in the Chinese coffee industry ever since its Beijing World Trade Center branch opened its doors in January 1999. Yet Starbucks’ two decades of coffee dominance in China […]
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Retail Asia21/01/2019
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General

App-store spending to surpass US$120 billion this year

2min0
App-store spending by consumers is expected to surpass more than US$120 billion this year according to global mobile data and analytics provider App Annie. The firm’s annual The State of Mobile 2019 report found consumers downloaded 194 billion apps last year, spending $101 billion in app stores and averaging three hours per day on mobile. Time spent […]
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Retail Asia15/01/2019
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Food

Heytea opens store in Hong Kong

3min0
On December, 24 Sha Tin New Town Plaza, in Hong Kong, welcomed Heytea. A huge crowd queuing up for more than 3 hours just to get a cup of Cheese Tea from the Chinese tea-drink brand Heytea was the protagonit that day. Due to the buy-one-get-one free promotion during the Christmas holidays, people started lining […]
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Retail Asia15/01/2019
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Food

The Alley Taiwan debuts in Singapore

1min0
Taiwanese bubble-tea chain The Alley is to open its first outlet in Singapore. Despite the undisclosed location, the brand has already got Singaporean bubble-tea fans excited with an announcement on its Instagram and Facebook pages. Established in 2013, The Alley is well-known for its brown sugar tapioca (Deerioca) milk tea served in cups with with […]
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Retail Asia11/01/2019
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Food

Tom n Toms plans Myanmar expansion

2min0
South Korean Cafe chain Tom n Toms has started to launch outlets in Myanmar. Tom n Toms Myanmar has opened two locations in Yangon so far, at the international airport and the Kantharyar Centre, with a third planned for Yankin Township. Information from Myanmar International Business Alliance Company operation director Aung Sithu Khant revealed a […]
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Retail Asia09/01/2019
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Food

Kiki Tea Taiwan launches product created by Michelin Chef

5min0
Hong Kong’s new Taiwanese tea and bubbles sensation KiKi Tea is welcoming the Year of Pig with the inaugural launch of ‘Chinese New Year Puddings’ by three Michelin starred chef Albert Au Kwok-Keung. Exclusive recipes with finest ingredients by the starred Chinese chef are on special offer at KiKi Tea’s debut Hong Kong restaurant, KiKi […]
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Retail Asia07/01/2019
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Food

Honolulu Cafe debuts in Philippines

1min0
Hong Kong’s Honolulu Cafe has opened its first branch in Manila. Renowned for its signature egg tarts with 192 flakey pastry layers (no, we are not sure who counted them!), the cafe also serves its own house-blend of coffee. The new store opened last week, January 5, at the SM Aura shopping centre. Honolulu Cafe […]
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Retail Asia31/12/2018
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Food

Starbucks to open two stores in Macau Airport

1min0
International cafe chain Starbucks will open two outlets at Macau Airport by Lunar New Year next February. The two stores, which will each open on either side of the customs area, add to the total of 17 Starbucks coffeehouses already in the territory – comprising seven on peninsular Macau and 10 in Taipa and Cotai. […]
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Retail Asia28/12/2018
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Fashion

2Bme launches new store in Acropolis Mall India

3min0
2Bme, the private label apparel line from RP-Sanjiv GoenkaGroup, recently launched their second exclusive brand outlet at Acropolis Mall, Kolkata. The 2000 sq. ft. store on 2nd floor at Acropolis Mall, Kolkata is the latest addition to the retail network of 2Bme after the launch of the first EBO in Quest Mall last year. The store showcases […]
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Retail Asia27/12/2018
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Food

China’s cheese tea bakery Nayuki opens in Singapore

3min0
The cheese tea bakery, which draws inspiration from the Japanese philosophy of ‘Kaizen’ (a dedication to continuous improvement), opened to Singapore shoppers on December 8. Marking its debut international store opening, Nayuki has teamed up in a joint venture with BreadTalk Group for its officially opening in Vivocity. Vivocity store has been designed to reflect Nayuki’s […]
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