Consumer electronics, smart devices and the brands winning Asian shelves.
A Vingroup official announced the establishment of the firm’s new technology and electronics retail brand on Wednesday called VinPro. A group representative said opening the chain was part of the group’s strategy to become a leading retail brand in Vietnam,…
Sony US is to close down its direct retail business, closing the 10 remaining stores this year. The decision follows the failure of a new Sony store concept which superseded its Sony Style format about four years ago. It has run its own retail stores for more…
Apple is in the process of redesigning its stores, drawing on the design expertise of Jony Ive. Ive, Apple’s head designer, revealed he’s working with retail boss Angela Ahrendts on a revamp of its stores in a lengthy profile with the New Yorker magazine. As…
The recent closure of a number of Topcare stores following a series of big-name shutdowns, was evidence of the fierce competition in the electronics retail market in Vietnam. Before Topcare, the electronics market witnessed the withdrawal of Wonder Buy in…
Vietnamese electronics retailer Tran Anh Digital World JSC said it will close its electronics supermarkets in Vincom’s Times City and Royal City on February 24. The closure was announced after Vingroup, the owner of the two retail and entertainment complexes,…
South Korean electrical appliance giant Samsung Electronics introduced an extensive lineup of new products which included SUHD TVs, curved monitor, smartphone, notebook and printer at its 2015 Samsung Forum in Hong Kong last week. For business customers,…
Sony Corp. said on Thursday it plans to launch a training headset for runners called Smart B-Trainer that uses music to help runners adjust their pace. The 43-gram device monitors heart rate, calorie consumption and running pace, and even selects songs for…
South Korea’s LG has unveiled an “all-metal luxury smartwatch” in an attempt to broaden the appeal of its wearable devices as a fashion item and steal a lead on the hotly-anticipated Apple Watch. The LG Watch Urbane has a 1.3 inch plastic touchscreen display…
Dick Smith says Australian retail is starting a sunny period, as seven years of deflation in consumer electronics is replaced by price rises. Price increases to reflect higher import prices will start to flow through now, said Dick Smith managing director and…
Chinese corporates and wealthy consumers are taking gift-giving down a notch this Lunar New Year, opting for iPhones instead of Birkin bags or Louis Vuitton wallets. The annual holiday, which falls on February 19-20 this year, is a time of gift exchange…
Lowe’s Services India, a subsidiary of Lowe’s Companies US, has opened a Global Innovation Center in Bangalore, India. Lowes, the world’s second largest home improvement retailer, says the centre will focus on “the next-generation customer experience”, by…
Indian budget smartphone maker Micromax leapfrogged South Korea’s Samsung Electronics Co Ltd to become the leading supplier in India’s booming smartphone market for the first time in the fourth quarter, research firm Canalys said. In a report issued on…
Shares in JB Hi-Fi have risen more than 3 percent after the Australian consumer electronics retailer reported a 1.9 percent fall in first-half net profit to AUD88.5 million (USD68.8m) and confirmed flat earnings for the full year. Chief executive Richard…
TGI Fridays Inc. is equipping servers with 8-inch tablets so they can quickly and accurately process orders and payments while at the table. The devices use Windows 8.1, running Oracle’s MICROS Restaurant Enterprise Solution (RES) 5.4 on Oracle’s MICROS…
Apple Inc has taken the number one luxury gifting spot in China from designer goods maker Hermes International SCA, according to a Hurun luxury report on Thursday, reflecting the iPhone maker’s recent hot streak in the country. The US tech firm’s focus on…
Vietnamese authorities have cracked a counterfeit appliance retailing business passing off cheap Chinese appliances as branded European goods. Thanh Nien News reports that a company called Romal Vietnam was selling gas ranges, electric stovetops, ovens and…
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