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Retail Asia20/04/2021

Luckin Coffee, the scandal-plagued Chinese coffee shop chain, secured a $260 million investment from existing shareholders Centurium Capital and Joy Capital. It also replaced its independent auditor. This will help Luckin satisfy a $180 million settlement struck last year with the SEC, which had accused Luckin of faking retail sales figures. The company went public […]

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Retail Asia31/03/2021

There are several unique and beautiful Starbucks stores in Japan including the traditional Machiya style store in Kyoto and the Edo-style wooden house store in Kawagoe City, and they have been popular tourist attractions nowadays. In 2020 spring, Starbucks Japan opened another unique branch, featuring the tiled roof traditional Japanese house with historic stone lanterns. The “Starbucks Coffee […]

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Retail Asia24/03/2021

South Korea’s retail giant Shinsegae is reviewing ways to double its stake in Starbucks Korea from 50% to 100%, according to an industry source on Mar. 19. Shinsegae’s affiliate E-mart currently owns 50% of Starbucks Korea, while Starbucks Corporation headquartered in the US owns the other 50%. If the deal is successful, Starbucks Korea would […]

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Retail Asia16/03/2021

Starbucks Malaysia today unveiled Starbucks Reserve Tropicana Gardens, the largest in the market. Located in the heart of the bustling community between Kota Damansara and Tropicana Indah, the store features two bars: the main bar offering all core and seasonal handcrafted Starbucks beverages, as well as a coffee bar that offers six different brewing methods, […]

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Retail Asia11/03/2021

Starbucks, the world’s largest coffeehouse chain, launched a flagship store on JD.com on March 3. The online store is bringing Chinese consumers the brand’s new spring mugs, such as the Sakura Blossom Collection, together with its classic series, including the core classic series, and Starbucks Heritage. In addition to physical products such as mugs, the […]

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Retail Asia16/02/2021

Starbucks today celebrates 20 years of delivering the Starbucks Experience to customers throughout Thailand with the recently opened Central World store– its largest store in Bangkok. Located on the first floor of CentralWorld, the store features a Starbucks Reserve Bar and, for the first time in Asia, Starbucks® DRAFT beverages infused with nitrogen. Starbucks CentralWorld […]

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Retail Asia28/01/2021

Starbucks Corp. slumped in late trading on Tuesday after reporting a sales decline that was deeper than expected and the departure of Chief Operating Officer Roz Brewer. Global same-store sales, a key gauge of restaurant success, fell 5% in the fiscal first quarter. That’s worse than the estimated decline of 4.2% compiled by Consensus Metrix. […]

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Retail Asia18/12/2020

Pokemon Go is excited to announce that they are partnering with Starbucks and that its stores in select Asia markets are transforming into PokéStops and Gyms in Pokémon GO. Adventurous Pokémon GO trainers in Hong Kong, Indonesia, the Philippines, Singapore, and Thailand can visit nearby Starbucks locations to discover Pokémon, join battles with their Pokémon […]

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Retail Asia07/12/2020

Today, Starbucks announced the opening of a first-of-its-kind Starbucks store focused on inclusive design in South Korea. Located at Seoul National University Dental Hospital (SNUDH), the store reaffirms Starbucks commitment to diversity, equity and inclusion, and expands career opportunities for Starbucks partners (employees) with disabilities. “Opening a store focused on inclusive design marks an important […]

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Retail Asia27/11/2020

Starbucks Korea, the nation’s largest coffee chain, has jumped into the delivery fray, in its attempt to boost annual sales in South Korea to 2 trillion won (US$1.86 billion). Expanding aggressively its number of stores here, Starbucks Korea has kept growing its presence with its net profit rising 18.5 percent in 2019 from a year […]

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Retail Asia03/11/2020

Starbucks is to make Laos debut next year with its first store opening in the capital city of Vientiane. Laos will become Starbucks’s 17th market in Asia, with the first store scheduled to open in the third quarter of next year. Starbucks Laos will be managed by Coffee Concepts (Laos) Limited, part of Maxim’s Caterers […]

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Retail Asia01/10/2020

Despite recording double-digit growth last year, the American coffee chain Starbucks remained in third place in revenues behind two local competitors. Its 2019 revenue of VND780 billion ($33.6 million), up 32 percent year-on-year, was behind market leader Highlands Coffee at VND2.2 trillion and The Coffee House at VND863 billion. This makes the international coffee shop […]

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Retail Asia28/09/2020

Starbucks fans will have a new outlet to traipse to this coming weekend. Located at the Conservation Building of Katong Square, the airy shop is a pleasing palette of muted green and white, complemented by the wood furniture. Artworks by local artist Danielle Tay adorn the wall, paying homage to the “rich Peranakan heritage,” according […]

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Retail Asia14/09/2020

LVMH has appointed ex Starbuck executive Martin Brok as president and CEO of Sephora. Brok will start his new role on Monday, succeeding Chris de la Puente. Chris will remain a member of the LVMH executive committee and “take on additional responsibilities at a later date.” Under Chris’ leadership, Sephora wholesales have tripled and achieved […]

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Retail Asia14/09/2020

Arch2O-KengoKuma-StarbucksShippingContainer-5-1280x853.jpeg

Starbucks has just unveiled a new concept store in China created inside six repurposed shipping containers. An identical concept, created by Japanese architect Kengo Kuma, first appeared in Taiwan. As the 800th store in Shanghai, the Starbucks container store helped set a new record for the city – it has more Starbucks stores than any […]

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Retail Asia09/09/2020

Starbucks has rolled out a new plant-based menu in selected Asia-Pacific markets. The brand has added two new seasonal plant-based beverages – Oatmilk Cocoa Macchiato and Almondmilk Hazelnut Latte. The beverage range will be available across eight markets: Hong Kong, Indonesia, Malaysia, New Zealand, Philippines, Singapore, Thailand, and Vietnam. The new options will remain part […]

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Retail Asia18/08/2020

Tata Starbucks has opened two stores in India operated entirely by women as part of the firm’s efforts to address systemic inequities in opportunities for female workers within the country. The two female-staff-only stores are located in Delhi and Mumbai, and constitute a step forward in Tata Starbucks’ commitment to expanding the representation of women […]

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Retail Asia12/08/2020

Starbucks Thailand has launched its first-ever self-service machine with full customizable capabilities and digitized payment options. Located inside Bangkok’s new AIS eSports studio at Samyan Mitrtown mall, the venue aims to serve a boost of caffeine for the gamers, serving beverages 24 hours a day. A cup of coffee from the machines is priced from […]

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Retail Asia07/08/2020

Starbucks Japan has teamed with Think Lab to launch a store concept in Tokyo where customers can “focus”. The first floor is designed as a normal Starbucks’ cafe where customers can order by phone and pay via an app. Upstairs, on the second floor is a working area called Smart Lounge for solo visitors or […]

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Retail Asia05/08/2020

Starbucks South Korea has opened its largest store yet, celebrating the brand’s 21st anniversary in the country. Located in Yangpyeong, Gyeonggido near the Namhan River, the store spans three floors and occupies a 1203sqm area and has a design unlike any other in the market. “The new store is a reflection of Starbucks commitment to […]

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