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Retail Asia14/03/2017

High-end international brands have long held court alongside local Hong Kong indie fashion designers – who are now enjoying greater visibility in the city’s vibrant retail market. The city’s deep-rooted love of luxury has seen names like Gucci and Hermes open multiple stores in the city – stores that have co-existed with a stable of […]

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Retail Asia03/01/2017

UK fashion chain Topshop is the latest British retail company attempting to tap into China’s market by opening its first standalone store in 2018. The British high-street retailer has agreed a deal with Chinese partner and online fashion retailer Shangpin.com. The e-commerce business had already started to push Topshop into the Chinese mainland by selling […]

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Retail Asia20/12/2016

A deal struck with local retailer ShangPin will see five stores open in the country, with a further 75 in the pipeline if the venture is a success. Topshop opened its first store in Hong Kong in 2013 and Green has been eying further expansion for a number of years. The Arcadia Group chairman said the […]

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Retail Asia19/12/2016

Topshop has signed a deal with a Chinese partner that could lead to up to 80 stores being opened in mainland China with the first opening in spring/summer 2017. The British high street retailer has agreed a deal with Shangpin, which already sells the Topshop brand on Shangpin.com. It is anticipated that the first store will be […]

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Retail Asia21/11/2016

US private-equity company General Atlantic has made its first investment in Indonesia by buying into lifestyle retailer Mitra Adiperkasa (Map). It has subscribed for Rp1.08 trillion (US$80.5 million) in bonds issued by Map which are convertible into shares in its F&B subsidiary Map Boga Adiperkasa (MBA), which runs Cold Stone Creamery, Godiva, Krispy Kreme, Pizza […]

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Retail Asia21/10/2016

Carolina Herrera has opened a flagship store at Saigon Centre shopping mall. The first Carolina Herrera Vietnam store, it is located on Level 1, facing Le Loi St – one of the most visible spots in the city’s centre. At the grand opening, CH introduced its latest Fall-Winter collection to customers, with the demonstration of […]

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Retail Asia29/09/2016

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 Asia26/09/2016

Singapore Retailers Association (SRA) is launching the inaugural Singapore Golden Week (SGW), a lifestyle event to be held over three weekends from September 30 to October 16. Its aim is to heighten Singapore’s appeal as a lifestyle destination with a suite a retail privileges, shopping reward and pampering experiences as enticement. Global payment network UnionPay […]

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Retail Asia13/09/2016

Covering 2400 sqm over two levels, the first Zara Vietnam flagship store has opened at Vincom Centerin Ho Chi Minh City. Customers have views of the main street, Dong Khoi, from its windows, while on the racks are collections including women’s and men’s styles as well as Zara Kids, Zara Basic, TRF and the latest […]

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Retail Asia25/08/2016

Unconventional British fashion brand Ted Baker has opened its first store in Vietnam. Ted Baker Vietnam joins other luxury brands at the revamped Saigon Center in Ho Chi Minh City, with its re-opening celebrated at an event featuring Vietnamese entertainers. Guests included representatives from the UK Consulate General. Brought to Vietnam by retail management company […]

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Retail Asia15/07/2016

Zara Vietnam’s flagship store is taking shape at Vincom shopping mall in Ho Chi Minh City, and is expected to open soon. The Spanish fast-fashion brand announced in May that it would expand to Vietnam this summer, setting its debut store’s opening date for this month. However, posters in the city say the store opening […]

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Retail Asia16/05/2016

Zara Vietnam says it will open its first store in July, just as Euromonitor International reveals the Vietnamese branded goods market may reach $2.7 billion in value by next year. As more than more people can afford branded goods, international fashion brands such as Gap, Mango, Nine West, Ralph Lauren and Topshop have become the […]

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Retail Asia26/02/2016

Costs related to the closure of retail stores were among the factors contributing to reduced second-quarter earnings for Singapore’s Wing Tai Holdings. Store closures caused a 12 per cent rise to S$23.8 million in administrative and other expenses quarter-on-quarter, according to a stock exchange filing by the company. Lower rental income and depreciation from its […]

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Retail Asia04/01/2016

Last year is yet another in a line of several that proved tough for the luxury retail industry in China. The anti-graft campaign has continued in full force, causing some shoppers to steer clear of flashy, high-cost purchases, while online shopping has driven many malls around the country to close. Still, 2015 was a big […]

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Retail Asia07/08/2015

Asif Ahmad, the UK ambassador to the Philippines, is one of the busiest diplomats in the country, as he leads, almost on a weekly basis, the opening of new outlets put up by dozens of British companies which are taking advantage of the rapidly growing consumer market and improved purchasing power of Filipinos. Ahmad, the […]

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Retail Asia14/07/2015

Wing Tai, the corporate retailer which partners with Uniqlo and a raft of other brands, including the Arcadia Malaysia stores, says it is streamlining its retail business. The listed company has 85 retail stores in Malaysia’s major cities under 12 international brands – Topshop, Topman, Dorothy Perkins, Miss Selfridge, Warehouse, Karen Millen, Pumpkin Patch, Wallies, […]

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Retail Asia11/02/2015

UK-based fashion group Topshop has shuttered its stores in Japan. No explanation has been given for the closure – but it appears Topshop’s parent Arcadia Group is in some form of dispute with its Japanese partners. In a statement issued overnight in response to media enquiries Topshop confirmed the stores were operated by a franchise […]

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