Tag: war

Retail Asia22/08/2019
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5min0
The China-US trade war and unseasonably warm winter have been blamed for Giordano sales falling 11 percent in the first half of the year. Profit for the Hong Kong-headquartered apparel retailer was impacted even more, dropping 36.6 percent to HK$161 million (US$20.5 million) on revenue of $2.542 billion ($324 million). By market, sales in Mainland […]

Retail Asia24/06/2019
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3min0
Fashion label Supreme has won a fight against a copycat company using a similar brand name in Mainland China. According to records from the China Trade Mark Office (CTMO), Supreme Italia, the counterfeit business, has lost its registered trademarks in China relating to ITSupremeNow. The copycat Chinese business has long been a thorn in the […]

Retail Asia06/06/2019
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3min0
Alibaba executive chairman Joe Tsai told analysts the company’s position as “China’s number-one platform for overseas brands” puts it on the right side of the trade war between the US and China. While discussing the group’s recent full-year results, which saw Alibaba grow revenue 51 per cent during the year to March 31, 2019, to […]

Retail Asia09/05/2019
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4min0
As e-wallets gain popularity in the region, credit cards are fighting back in a push to stay relevant through rewards, reduced fees, and improved customer experiences on digital and mobile. 2019 is a key year. This may be the year when mobile payments are expected to overtake credit cards as the preferred ways to pay […]

Retail Asia30/08/2016
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5min0
Cybercriminals are using insiders to gain access to telecommunications networks and subscriber data, recruiting disaffected employees through underground channels or blackmailing staff using compromising information gathered from open sources. This is among the findings of a Kaspersky Lab intelligence report into security threats facing the telecommunications industry. Telecommunications providers are a top target for cyber-attacks. […]

Retail Asia25/07/2016
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2min0
PT Yamaha Indonesia Motor Manufacturing (YIMM) and PT Astra Honda Motor (AHM) have been suspected of involved in motorcycle cartel practice. The suspicion was raised after an investigation conducted by the Commission for the Supervision of Business Competition (KPPU). Both companies are suspected of controlling prices of 110 to 125cc Automatic Scooter products. KPPU’s investigation […]

Retail Asia25/03/2016
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2min0
A price war has erupted in Singapore for the first time in four years, as operators seek to stay competitive by lifting their data allowances. SingTel recently introduced a new add-on plan giving customers the option of doubling their mobile data allowance for an extra S$5.90 per month. Both M1 and StarHub quickly followed suit, […]


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