The broad sweep of Asian retail: chains, consumers, policy and the deals that move the market.
Mattel recently announced the appointment of Christopher A. Sinclair as the company’s new chairman and interim Chief Executive Officer. inclair, who has served as a member of Mattel’s Board of Directors since 1996 and as Independent Lead Director since 2011,…
MasterCard and BOC Services, the acquiring subsidiary of Bank of China, recently signed an agreement to making MasterPass available to Chinese merchants. A MasterPass wallet allows mobile shoppers to quickly and easily check out on any device, by simply…
The new casino is an imposing structure on Manila Bay with 6 gleaming golden towers surrounding a giant egg-shaped dome, and industry and government leaders hope it will attract cashed-up tourists from other parts of Asia Manila aims to rival Macau and Las…
Singapore’s Changi Airport says sales at retail outlets across its terminals topped S$2 billion in 2014, despite a slump in passenger numbers inbound from China. It’s the second year in a row the $2 billion barrier was breached – Its 2013 growth represented a…
New Horizons, the world’s largest independent computer training company is planning expansion into ASEAN. The company, which offers a broad range of technical and desktop application training and certification courses, has signed an exclusive franchise…
Asia Pacific retail rent growth will continue in 2015 – but at a slower pace, according to the latest research from CBRE Asia. Rental growth is projected to ease to 2.4 per cent region wide, compared with 5.4 per cent in 2014. The hottest markets: Tokyo,…
Could this be the most bizarre retail concept yet? An entire retail store devoted to natural mosquito repellents, located in the world’s busiest airports? But it makes a lot of sense… MosquitNo is a Dutch business has pioneered a natural means of protecting…
Retail, wholesale and hotel operators around Ratchaprasong intersection plan to allocate a combined THB60 billion (USD1.8 million) to make the area an important retail destination in Asean over the next three years.
Japan’s retail sales rose a marginal 0.2 per cent in December – the sixth consecutive monthly year-on-year increase. Analysts had expected a stronger one per cent increase, despite challenging economic circumstances largely due to the nation’s declining and…
Clothing prices are expected to rise across the board for the first time in five years as suppliers and retailers raise prices after a 17 percent slump in the Australian dollar. Suppliers have warned retailers that prices for fashion clothing, underwear and…
A new schedule of Responsible Retail Training seminars, enhancements to the Duty Free & Travel Retail Database, topical research studies and advocacy support are among the immediate priorities for the Asia Pacific Travel Retail Association (APTRA) this year.…
South Korea’s department store industry is still struggling to arrest falling sales as consumers tighten spending and turn to online. New figures released by the trade ministry Tuesday show sales at top department and discount stores in December fell at a…
After weeks of retail giants blaming Hong Kong for falling sales, global skincare brand L’Occitane says the city was one of its fastest growing markets in the first nine months of the financial year. In a filing with the Hong Kong Stock Exchange, L’Occitane,…
UK-based CVC Capital Partners has sold a 12 per cent stake in Indonesian retail giant PT Matahari. Matahari owns hypermarkets and department stores across the nation – and is actively expanding its footprint as Indonesia’s middle class expands. CVC has…
EBay plans to cut 2,400 jobs, or 7 percent of its staff, in the first quarter to simplify its structure and boost profit ahead of a planned separation of its business. The job cuts will fall across its marketplaces, PayPal and enterprise businesses. They come…
Hong Kong’s Harbour City shopping centre is hosting its sixth annual Chocolate Trail until March 1. For five weeks Hong Kong’s largest shopping destination has been transformed into ‘ChocoLand’, offering visitors a unique ‘Bean-To-Bar’ journey to deepen their…
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.