Matahari Putra Prima (MPPA) has doubled its stake in online Indonesian retailer MatahariMall.com. The multi-format retailer, which operates Hypermart, Smartclub, Foodmart, Boston and FMX chains, says it has [aid cash for an additional 5 per cent share in the…
Asian eCommerce company, Zalora, has relaunched its scholarship program, now on its second year. The theme for the Zalora Scholarship this year is “Function Vs Fashion: How the Two Coexist in (Major) Trends Over the Decades”. The online retailing company says…
Streetwear chain 77th Street is about to become another victim of Singapore’s struggling retail scene. The home-grown clothing company will close the doors of its last outlet, in Ang Mo Kio, by the end of this month, according to Channel NewsAsia. Founder…
Perry Ellis International, Inc. announced today that it has entered into a license agreement with Chun Yuan International Company granting rights to design and distribute Original Penguin by Munsingwear® fashion bedding and home products in the Philippines.…
The retail sector in Hong Kong is finding it difficult to keep their boat afloat amidst the decline in mainland tourists since a year ago. Now, the Britain’s vote to leave the EU is likely to make matters from bad to worse for the Hong Kong’s retail sector,…
Managers of Guam’s international airport said they are not concerned with news about bribery investigations involving the parent company of a major retailer. South Korean authorities raided the headquarters and other offices of Lotte Duty Free Guam’s parent…
Disney Springs, at Walt Disney World Resort in Lake Buena Vista, Florida, will be the location for the latest store for Japanese fashion retailer Uniqlo US. Opening next month, the first Uniqlo store in the US southeast will occupy 25,000 sqft (2300 sqm)…
Hong Kong-listed lingerie brand Cosmo Lady says it will venture into overseas markets to seek global business partners. The first Chinese underwear brand to go public, two years ago when it launched on the Hong Kong Stock Exchange, Cosmo Lady is seen in China…
The globally renowned jewellery retail chain expanded its presence in the Malaysia by opening its second showroom, located in Lulu Hypermarket, Capsquare Mall, Jalan Munshi Abdullah, Kuala Lumpur.This is as part of their mega expansion plan for this financial…
Hong Kong clothing retailer Bauhaus International (Holdings) Ltd saw its annual net profit plummet by 59.1 per cent to HK$52.9 million (US$6.6 million) for its past fiscal year, due to the plunge in the company’s earnings from the Hong Kong and Macau markets.…
Mr. Suripong Tantiyanon (second from left), Visa Country Manager, Thailand and Mr. Wiboon Nimitrwanich (second from right), Executive Director, Tourism Investment Department, Tourism Authority of Thailand presided over the launch of the Amazing Thailand Grand…
An expansion of Macau’s DFS City of Dreams retail area has been launched, offering a lifestyle luxury shopping experience in the heart of the Cotai Strip. Three times larger than the former retail space, it was unveiled by gaming and entertainment group Melco…
Siam Center, the Ideopolis, sparks the creative ideas in “Siam Center Art Traction”, on the 1st and 2nd floor of Siam Center until July 2016. The exhibition displays a wide range of well-selected art pieces by several artists from various fields of art, such…
New Sa Sa stores are set to open in train stations and near the Mainland China border as the beauty retailer adapts to the changing demographic of Hong Kong shoppers. During a press conference discussing the group’s results last week, Sa Sa chairman Simon…
South Korean fashion giant Sungjoo Corp., which owns and runs German luxury bag brand MCM, on Friday said it will adopt the latest technology to create an innovative fashion code and lead the new luxury trend. “We will combine technology and fashion to create…
Shares of Sa Sa International are up 27% in the past month as Chinese tourist arrivals to Hong Kong showed signs of a recovery – but it may not yet be time to put the marked down cosmetics retailer in the shopping basket. Once a market darling, Sa Sa has…
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