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Tag: Takashimaya

Retail Asia29/06/2017
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General

Takashimaya profits soar in Q1

2min0
Takashimaya announced on June 26th that net profit for the first quarter of the fiscal year surged 44.7%, as the company saw revenues increase slightly and “endeavoured to cater to the increasingly diverse array of customer needs and create sales spaces that deliver new value.” The Japanese department store operator reported a net profit of 5.45 […]
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Retail Asia27/03/2017
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Fashion

Takashimaya Duty Free Shop opening soon

2min0
Takashimaya Duty Free Shop, Tokyo’s latest downtown duty-free store, will open late next month. The 2800 sqm retail outlet is a JV between department store company Takashimaya, travel retailer ANA Trading and Hotel Shilla. It will be on the 11th floor of the new Takashimaya Times Square development, in the Shinjuku area. Other major downtown […]
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Retail Asia24/03/2017
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Fashion

Concept store Uniqlo Move opens in Tokyo

1min0
A lifestyle-focussed concept store, Uniqlo Move, has been launched in Tokyo by the Japanese fashion basics retailer. It features its LifeWear range of activewear in a space on the eighth floor of Shinjuku Takashimaya department store. Sections of the 75 sqm store will be arranged according to movement, ranging from everyday life to exercise. Not […]
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Retail Asia21/03/2017
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Real Estate

Keppel boosts Saigon Centre stake

2min0
Singapore-headquartered Keppel Corp has paid VND 845.9 billion (S$53.5 million) to boost its stake in Ho Chi Minh City’s Saigon Centre beyond 50 per cent. Saigon Centre, a mixed-use development incorporating a shopping centre anchored by Takashimaya department store, apartments and office space, is a joint venture between Keppel and local company Watco. The first […]
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Retail Asia13/03/2017
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Fashion

Mujosh eyewear to open in Vietnam

2min0
Hong Kong-headquartered Mujosh eyewear is about to open its first store in Vietnam. The edgy brand, which made its international debut in Malaysia just last year, will open a store inside Saigon Center in Ho Chi Minh City. The mall houses the Takashimaya department store along with the first Japanese-headquartered Owndays shop in Vietnam. The […]
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Retail Asia13/02/2017
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Fashion

Hermes sales rise 7 per cent in Asia

4min0
Hermes sales rose 8 per cent last year for French high-fashion goods manufacturer Hermes International. In what it describes as a “difficult context”, the group’s consolidated revenue reached €5202 million (US$5.5 billion). Sales growth was sustained in the fourth quarter (up 8 per cent at current exchange rates, and 7 per cent at constant exchange […]
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Retail Asia26/11/2016
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Fashion

Manolo Blahnik Malaysia debuts in KL

1min0
Women’s shoe retailer Manolo Blahnik Malaysia has launched its first store, in Pavilion KL. The 95 sqm store is part of an Asia expansion plan that includes the refurbishment of its Singapore store at Takashimaya, as well as the launch of a flagship store in Tokyo next year. The brand is partnering with retailer Bluebell […]
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Retail Asia29/09/2016
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General

Việt Nam retail market attracts international investors

6min
Việt Nam’s growing retail market has attracted the attention of foreign retailers. A series of famous retailers from Japan, Thailand, South Korea and France have flocked to the country, hoping to penetrate the market, a recent JLL Việt Nam report said. As penetration of foreign retailers into the country has increased, fierce competition in the […]
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Retail Asia02/09/2016
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Fashion

ALODD by Aldo Lipari Steps Out in Singapore

4min
ALODD by Aldo Lipari is a new Singapore-based label to step out into the retail scene in Singapore. The footwear brand is founded by Aldo Lipari, who brings his wealth of experience as the former  CEO of Bally Southeast Asia / Oceania, drawing on his know-how on the market and what consumers want, in setting up […]
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Retail Asia23/08/2016
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GeneralReal Estate

Isetan Philippines in planning

1min0
A Japanese department store operator has set its eyes on the Philippines to build commercial-residential facilities by 2022. Isetan Philippines will work with Nomura Real Estate Holdings to build properties in Manila. The project is projected to reach approximately $500 million. The developer, a rival of Takashimaya, plans to erect four 40-story condo buildings with […]
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Retail Asia03/08/2016
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Real Estate

Keppel Land opens mall in Ho Chi Minh City

4min
Property firm Keppel Land opened a mall in Ho Chi Minh City yesterday as part of plans to increase its presence in Vietnam. The mall in Saigon Centre has 55,000 sq m of retail space and is already fully leased with over 400 international and local brands, the firm said. They include anchor tenant Takashimaya, […]
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Retail Asia02/08/2016
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Fashion

Takashimaya Vietnam opens doors

8min0
Three years after the Japanese luxury department store chain announced plans to enter Saigon, Takashimaya Vietnam opened its doors at the weekend. As the anchor tenant of  downtown Ho Chi Minh City’s Saigon Center, Takashimaya takes up a whole five floors making it by far the nation’s largest department store – and likely its most […]
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Retail Asia29/07/2016
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Fashion

Official debut for Fred Perry Vietnam

2min0
Tennis-inspired clothing brand Fred Perry is to open its first official store in Vietnam this month. The subcultural fashion line announced last week on its Fred Perry Vietnam Facebook page that the new store will be located on Level 3 of the refurbished and expanded Saigon Center in District 1. The centre, which includes Japanese […]
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Retail Asia11/07/2016
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General

Saigon retail market to be put to the test

4min0
Is there too much retail space in Saigon – downtown Ho Chi Minh City – the commercial hub of Vietnam? With more than 1.1 million sqm of retail space, it looks like the Saigon retail market is oversupplied. The closing of Parkson Paragon in the city’s District 7  last month only amplified such concerns. But […]
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Retail Asia28/03/2016
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Living

Takashimaya Tokyo going duty free

3min0
Eyeing the growing tourist market, Japanese department store Takashimaya is going duty free with an airport-style store in Tokyo. Not only sales tax, but also alcohol and tobacco duties will be waived under the venture, in which the Takashimaya Tokyo store is partnering with ANA Holdings and South Korea’s Samsung Group. Takashimaya will contribute more […]
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