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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 )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )

Retail Asia18/02/2022

German sportswear company Adidas said on Thursday it would grow in its key market of China in 2022 even after it was hit by renewed pandemic restrictions and the aftermath of a consumer boycott of Western brands. The comments come after Manager Magazin reported Adidas expects sales in China to be down 400 million euros […]

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Retail Asia27/01/2022

French sports retailer Decathlon named 45-year old Barbara Martin Coppola, a former executive at companies such as IKEA and Google, as its new global chief executive. Coppola will replace Michel Aballea, who had held the role since 2015, in mid-March this year, added Decathlon, which competes in France with companies such as Go Sport. Decathlon […]

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Retail Asia10/01/2022

Thousands of workers of Taiwanese-invested footwear maker Pouchen Vietnam, a Nike contract manufacturer, struck work Friday, demanding the same Tet bonus as last year. They refused to return to work after finishing their lunch to protest the company’s policy to pay less bonus than last year for the coming Tet (Lunar New Year) festival. Tet, […]

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Retail Asia07/12/2021

Adidas Malaysia has unveiled its largest brand center in Southeast Asia at Sunway Pyramid. Spanning 1575sqm and two stories, Adidas Sunway Pyramid worked with renowned Malaysian graphic designer, Valen Lim, to create localized experience zones in the store. The brand incorporates Malaysian design elements, such as prominent local landmarks in the store interior, representing the […]

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Retail Asia22/11/2021

We have commented in our content about the importance of emotional control. While it sounds like a gambler’s cliché, this is an almost indisputable truth. Without the pillars of sports betting (bank management, discipline, and emotional control), it is practically impossible to succeed in 22Bet online betting. It is therefore essential to know how to […]

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Retail Asia10/11/2021

CEO Ralph Hamers wants banking services to be more like Netflix. Now the bank is sponsoring a mini-series that fits with UBS’ private banking plans. On November 14, the television mini-series Front Office starts on Players TV channel and – as its says in its title – will be presented by UBS. Switzerland’s biggest bank paid […]

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Retail Asia03/11/2021

Under Armour on Tuesday raised its full-year forecasts, alleviating investor concerns regarding holiday inventory shortages flagged by nearly all its peers and sending its shares up 16 percent. Factories in Vietnam, where Under Armour sources about one-third of its products from, have begun reopening after months-long shutdowns that have caused severe distress to many apparel […]

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Retail Asia02/11/2021

Foot Locker, the New York-based specialty athletic retailer, today announced that, through certain subsidiaries, it has completed the acquisition of atmos, a digitally-led, premium, global retailer headquartered in Japan, for $360 million, subject to certain customary adjustments. Richard Johnson, Chairman and Chief Executive Officer of Foot Locker, said, “We are delighted to officially welcome atmos’s iconic founder, […]

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Retail Asia22/10/2021

On November 21, adidas Terrex opened its new store at APM Mall on Wangfujing Street in Beijing. Brand spokesperson Zhao Youting, senior vice president of sales channel management in Adidas Greater China, Mr. Guillermo del Nogal, senior director of outdoor sports business unit in Adidas Greater China, brand signing athletes Zhang Jingkun and Zhong Qixin, […]

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Retail Asia13/08/2021

Authentic Brands has cemented its position as a major player in American retail after what one analyst described as a “massive acquisition” – the successful $2.456 billion bid for Reebok. Adidas confirmed the sale overnight after six months of negotiations with prospective bidders. Neil Saunders, MD of GlobalData, said Authentic Brands has proven its ability […]

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Retail Asia02/07/2021

Now before getting into the details of the new Volkswagen GTI facelift, let us tell you how these official pictures of the 2021 model year surfaced online. So we actually don’t know whether it is one of Volkswagen’s marketing strategies, or Ralf Brandstatter – CEO, Volkswagen Passenger Cars got so excited by looking at these official […]

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Retail Asia30/04/2021

After a pandemic-served beatdown last year, Puma has clawed its way to recovery. On February 24, the German sportswear giant reported that sales jumped 9 percent to 1.52 billion euros in the last three months of 2020 — a promising upswing from the 55-percent plummet in its second quarter. Overall, sales were down 1.4 percent to 5.23 […]

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Retail Asia23/04/2021

Adidas is exiting Hong Kong’s Central prime business district. The German sportswear giant signed a HK$4.34 million a month, or HK$52.1 million a year, lease for the 13,000 sq ft shop at 36 Queen’s Road in 2015. Removal staff were seen dismantling shelves and putting away stock on Wednesday. “After a thorough review we have […]

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Retail Asia09/02/2021

Sport can simply be recognized as a physical activity that involves competition between individuals or teams. That being said, it doesn’t seem clear where fashion fits into this notion, apart from the sportswear used to play such games. Though, traditionally, sports like football have always carried an aspect of fashion design in order to create […]

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Retail Asia14/01/2021

The wait is nearly over as American electric carmaker Tesla is all set to set-up operations in India and zeroed down on Karnataka, as its preferred state to set-up its headquarters. The electric auto giant has registered its Indian subsidiary under the name ‘Tesla India Motors and Energy Private Ltd’, which was incorporated in Bengaluru […]

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Retail Asia08/12/2020

Foot Locker’s Orchard Road flagship has been forced to suspend business due to breaching the Singapore government’s Covid-19 safe management measures. The suspension was enforced as the retailer conducted a product launch which drew huge crowds outside the store last Friday despite the advisories on crowd management. According to Singapore Tourism Board (STB) and Enterprise […]

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Retail Asia30/10/2020

Puma says its third-quarter sales rose 13.3 percent on a currency-adjusted basis to US$1.85 billion, leaving year-to-date sales down just 5.1 percent despite the impact of the pandemic. “The third quarter developed much better than I expected,” said Bjorn Gulden, Puma’s CEO. “Retail stores reopened, sports events resumed, consumer confidence improved and our sales increased […]

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Retail Asia26/10/2020

After a difficult start to the year, the world economy is finally trying to open up. A good example is the online casino bets and gambling stock, which have taken Wall Street by storm in the recent past as the sports economy reopens and the return of live sports. In this article, you’ll discover three stocks […]

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Retail Asia01/09/2020

Decathlon Singapore is opening a new experience store in Orchard Rd, the brand’s fifth experience store in the city. Located at the Centrepoint shopping mall, Decathlon Orchard spans two floors, occupying a 3200sqm area. The store will feature some 5000 products spanning more than 50 sports. In the new Decathlon Singapore experience store, customers will […]

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Retail Asia21/08/2020

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Japanese sportswear retailer Asics has posted a steep drop in revenues as a consequence of the coronavirus pandemic. The firm has seen a 21.5-per-cent dip in global sales to the equivalent of US$1.4 billion in this year’s second financial quarter, and operating losses of $36.6 million against an $81.2 million profit last year. In keeping […]

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