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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 )
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 )

Retail Asia05/01/2021

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Japanese sporting goods maker Asics closed down its New York flagship store in December amid the prolonged impact of the COVID-19 pandemic, the company announced on Monday. The store opened in December 2017 on Fifth Avenue, selling running shoes and sportswear. Asics’s decision comes as high rent bites the company, on top of uncertainties around when […]

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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 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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Retail Asia18/08/2020

Foot Locker Singapore has opened its largest store yet on Orchard Rd, celebrating basketball culture. Located at Orchard Gateway @Emerald, the Foot Locker store spans five stories, three of which are retail spaces, offering a multi-branded basketball collection. Foot Locker Singapore also partnered with local artists MessyMsxi and Clogtwo to feature artworks at both Level […]

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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 Asia26/03/2020

Chinese sports shoe retailer Anta Sports has delivered its sixth consecutive year of sales growth, reaching a record US$4.8 billion in 2019, 40 percent up on the prior period. Hong Kong-listed Anta Group owns many Chinese and international sports brands, including Anta, Fila, Descente and Kolon Sport. Sales of the Anta brand surged 21.8 percent, […]

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Retail Asia19/03/2020

Japanese sports and outdoor goods retailer Alpen Co is set to launch Kanagawa’s first experience-based store late next month. The Alpen Outdoors LaLaport Yokohama store will handle more than 40,000 predominantly outdoor-related products under 200 brands. Alpen’s new location will be offering products in two formats, “Alpen Outdoors”, which will cover the entire light outdoor […]

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Retail Asia16/03/2020

Snap Fitness plans to open 300 locations in Japan in partnership with local franchisee Global Fitness Japan Co. The international franchised gym group will open a flagship location in Tokyo this year, followed by more venues in Osaka and other regions. “Snap Fitness has been successfully providing innovative fitness services in a sustainable manner across […]

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Retail Asia24/02/2020

Asia has a huge betting market compared to other continents. But, it has poor coordination. The Asian market led in global betting in 2017. It comprises established sportsbooks like Betway88. Statistics show that about 40 percent of bets placed in the world are from Asia. Besides, many sports fans from other regions have a murky […]

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Retail Asia21/02/2020

Puma’s worldwide sales surged 18.4 percent last year, to €5.502 billion and its pre-tax profit rose 40 percent to €262 million. But the positive results were tempered by a warning from CEO Bjorn Gulden about the year ahead given the outbreak of coronavirus in China. “After a good start into 2020, February has of course […]

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Retail Asia06/02/2020

Authentic Brands Group (ABG), the owner of the Sports Illustrated brand, announced a strategic partnership with Sentia Wellness, a distributor of CBD-infused wellness products. Through this partnership, Sentia Wellness will develop, produce and distribute Sports Illustrated and Sports Illustrated Swim-branded CBD-infused topicals. A Limited-Edition Recovery Cream will debut this weekend, followed by a full rollout […]

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Retail Asia02/09/2019

Consumer desire for a multifunctional wardrobe is set to continue driving the global athleisure wear market, according to data and analytics research group GlobalData. Over the last two years, the athleisure trend has risen as demand for comfort, performance and style has driven the need for a multifunctional wardrobe. 68 percent of consumers who purchased […]

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Retail Asia19/08/2019

Struggling UK fashion chain Jack Wills has been bought by Sports Direct for £12.75 million after being placed in administration. Sports Direct, owned by retail entrepreneur Mike Ashley, has bought Jack Wills’ stock and taken over its distribution center, 100 stores and employees across the UK and Republic of Ireland in what is known as […]

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Retail Asia16/08/2019

Decathlon India has opened its largest store yet at the DLF Mall of India. The French sports retailer’s new 3000sqft experiential retail outlet features dedicated activity and community zones for fitness and sports enthusiasts, as well as offering digital services such as self-checkout counter scan and a pay app for billing to improve the purchasing […]

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Retail Asia23/07/2019

Sportswear brand Nike has revealed its net profit increased to US$4 billion during the 2019 financial year, compared to the previous year, which saw Nike earn US$1.9 billion. The large disparity is attributed to the enactment of the Tax Act last year, which raised Nike’s effective tax rate to 55.3 percent – causing a 54 […]

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Retail Asia04/07/2019

French sports company Decathlon will open its third store in Hong Kong this Saturday, 15th June, in Tseung Kwan O as it continues its efforts to make sports accessible to the many in the city. The new Decathlon store in Sheung Tak Plaza, with 36,000 sq. ft (3,500sqm) in retail space and access to an […]

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Retail Asia12/06/2019

Jaguar Land Rover has introduced the 2020 Discovery Sport compact premium SUV and it will be launched in the international markets later this year. According to the company, the new 2020 Discovery Sport strikes a balance between a bold evolution of the original design and the familiarity that comes with no-compromise capability. The trademark design, […]

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Retail Asia11/06/2019

Hummel India has signed up a Bollywood actor to help promote its launch in the country. Kartik Aaryan, described by one local media outlet as “the nation’s heartthrob and nation’s crush” has been appointed Hummel’s chief ambassador in India for the Danish sportswear label. Founded in 1932, Hummel produces clothing ranging from swimwear to casual […]

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Retail Asia06/06/2019

SK Telecom has revealed plans to offer the world’s first live TV sports broadcast using a 5G network for the SK Telecom Open 2019 golf tournament. The tournament, which will be held as part of the KPGA Korean Tour, will be live broadcast on JTBC’s dedicated Golf TV channel and OTT video service oksuku using SK […]

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