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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 )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )

Retail Asia15/05/2023

It was December 2018 when the last Victoria’s Secret Fashion Show aired on CBS. A year earlier, the show garnered a billion viewers worldwide, but its size and success had blinkered the company to both the cultural shifts being brought about by a born-online generation that demanded to see itself reflected in advertising and the upstart […]

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Retail Asia25/05/2021

The second edition of the bank’s virtual career fair sees vacancies for women technologists almost treble to 140. The bank is focusing its outreach efforts on filling five engineering roles: Engineering Lead; Solution Architect; ReactJS Developer; Full Stack Developer; and Software Development Engineering in Test, at its Women in Tech» career fair, which is returning […]

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Retail Asia12/02/2021

The Italian luxury lingerie label has opened their latest boutique at Lee Gardens in Causeway Bay, Hong Kong. Occupying an area of 710sq ft, the new store adorns La Perla’s usual elegant design and reflects the ‘brand’s unique aesthetic philosophy, merging distinctive Italian opulence and exquisite craftsmanship.’ The leading luxury brand combines rich Italian artisanal […]

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Retail Asia23/06/2020

Hong Kong lingerie brand 6ixty8ight marks its Japanese debut tomorrow by launching an e-commerce store. The 6ixty8ight Japan online store will be used to build brand awareness in the market before the first physical stores open later this year. “The brand’s expansion strategy has been highly focused on e-commerce since the last quarter of 2019, […]

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Retail Asia25/05/2020

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The future of the Victoria’s Secret China business is under review as the lingerie retailer moves to permanently close 250 more US stores in a bid to right size and restore profits. Parent L Brands revealed a 37-per-cent slump in first-quarter sales to US$1.65 billion, with revenue from Victoria’s secret down 45.6 percent, in part […]

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Retail Asia01/04/2020

Indian women’s fashion chain W is expanding its business into footwear. The firm is preparing to retail shoes in more than 80 W stores across the country, as well as online, offering a collection of various styles of heels and flats. The collection presents classic Western designs with Indian flourishes. “At W, we have always […]

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Retail Asia10/03/2020

United Overseas Bank and Prudential Singapore launched a financial solution for women in Singapore that combines a savings account with complementary medical insurance for six female-related cancers. United Overseas Bank (UOB) designed a solution for women who may not be placing enough emphasis on their own financial and health needs such as the 37 percent […]

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Retail Asia05/03/2020

British lingerie brand Janet Reger has signed a new global licensing deal with Hong Kong’s Hop Lun, one of the world’s largest lingerie and swimwear designers and producers. A newly launched diffusion line ‘Janet Reger Rouge’ is the first move by the 50-year-old brand Janet Reger to democratize its lingerie offer on a global scale. […]

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Retail Asia24/02/2020

That L Brands has opted to sell a majority stake in Victoria’s Secret is a tacit recognition that the brand was on the road to nowhere under its previous leadership. This is underlined by the departure of Les Wexner as CEO and chairman of the company. The deal with private-equity company Sycamore potentially gives Victoria’s Secret a […]

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Retail Asia27/12/2019

Citigroup president Jane Fraser looks poised to become a Wall Street bank’s first female chief. 52-year-old Jane Fraser could become the first female boss of a major Wall Street bank. Her promotion to the number-two job at Citi comes at a crucial juncture for the U.S. lender, whose performance has fallen behind those of rivals J.P. Morgan and […]

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Retail Asia27/09/2019

Banks and wealth managers tend to appoint women to spearhead their sustainability programs. we wanted to find out whether this was pure coincidence or sign of a trend. Ecological and sustainable investing has become very popular in wealth management and among investors. Almost every bank has invested in a high-powered division that devotes its resources […]

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Retail Asia02/08/2019

The trade war between the US and China has been partially blamed for a 10 per cent fall in Luk Fook sales. In a quarterly sales update, the Hong Kong-listed jewellery retailer said a relatively higher base in the comparable period also contributed to the decline. First-quarter same-store Luk Fook sales were down 10 per […]

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Retail Asia08/07/2019

Australian luxury lingerie retailer Honey Birdette has opened its second US store in San Diego, California, saying two more stores will be opened in the state in the coming months. The newly opened 74sqm store is located on the ground level of Westfield UTC and features Honey Birdette’s complete range of lingerie, bondage, latex, accessories […]

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Retail Asia15/04/2019

Premium Japanese lingerie brand Wacoal will invest around ₹100 crore (US$14.5 million) over three years to boost its presence in India. A statement released by the firm revealed it will build on its current 11 outlets in the territory to reach 70 exclusive stores and 80 shop in shops across 30 cities. The brand will […]

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Retail Asia26/03/2019

Women’s fashion label C/MEO Collective has started selling on Chinese online marketplace Tmall. The move is part of a broader strategy of parent company Australian Fashion Labels to focus on China. “China is now really at the forefront of retail innovation and we see localisation of channels as crucial to being relevant in this market,” […]

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Retail Asia14/03/2019

Global apparel retailer American Eagle is boosting its Aerie lingerie brand, with plans to open 60 to 75 stores this year. The strategy, which coincides with rival brand Victoria’s Secret’s declining sales and series of store closures, involves both standalone locations and side-by-sides with American Eagle, predominantly in Texas and California. The company currently operates 1055 […]

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Retail Asia13/03/2019

With 36 percent of senior management teams in Vietnam including women, the country ranks second in Asia in female representation. In Asia, Vietnam’s proportion of women in senior management positions is only below Philippines at 37.46 percent. It is higher than countries like Singapore at 33.04 percent, Indonesia 31.85 percent and South Korea 29.89 percent, […]

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Retail Asia01/03/2019

South Korea’s online exports surged 25 percent in 2018 from a year ago on the back of growing demand for K-beauty and K-pop related items such as album records and stationery supplies, government data showed. According to Korea Customs Service, Korea’s electronic commerce (e-commerce) exports or reverse overseas direct purchase volume reached US$3.25 billion last […]

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Retail Asia01/03/2019

For Amorepacific, the last year has been painful in terms of both sales and brand development. The cosmetics giant saw its operating profit halve to 549 billion won (US$491 million) in 2018, just two years after it joined the “1 trillion-won sales club” in 2016 for the first time as a cosmetics maker. With its […]

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Retail Asia26/02/2019

Two major jewellery shows organised by the Hong Kong Trade Development Council (HKTDC) will open next week. The sixth HKTDC Hong Kong International Diamond, Gem & Pearl Show, which showcases jewellery raw materials, will take place at AsiaWorld-Expo from 26 Feb to 2 March, while the 36th HKTDC Hong Kong International Jewellery Show, which specialises […]

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