The broad sweep of Asian retail: chains, consumers, policy and the deals that move the market.
Craze for Cushion, which started in Korea, is now drawing worldwide attention and revolutionising the makeup routine for women around the world. Amore Pacific Group said on Tuesday that the global sales of Cushion products under its brands are expected to…
Tesco recently launched a new interactive platform that is expected to collaboration, innovation and sustainability across its suppliers worldwide. The Tesco Supplier Network would benefit over 5,000 members as they would be able to connect directly with…
Pure Gold has become the first Middle Eastern jeweller to be granted a concession at Singapore’s Changi International Airport. It will open a jewellery store in Terminal 1. Pure Gold is a private family-owned business founded 20 years ago which now has 125…
A unique retail advertising concept trialled in Hong Kong has grabbed attention for both its innovation and its relevance. Get caught in a rain shower when walking on the streets of Hong Kong and glance down you might just see one of the most unique…
“The overall sentiment in the retail market has improved after the political protests, and retail sales have seen a mild increase in the last quarter. However, retailers need to be cautious of the gradual decrease in luxury consumption from mainland Chinese…
A slow but solid festive season for discretionary retailers in Australia has been followed by a spate of downgrades, making sentiment buoyant but patchy. Analysts say the key festive season was a good one, albeit at the price of margins. Discounting has been…
The popularity of South Korean pop culture and products in China shows no signs of abating, as South Korea has seen more Chinese shoppers than ever, but it could come at a cost to Hong Kong. Erwan Rambourg, a consumer goods analyst for HSBC and the author of…
The government is exploring ways to allow more companies, including South Korea-based Lotte Group, to operate duty-free services at airports and downtown areas. Currently, King Power, the country’s largest duty-free company, is the sole concessionaire…
China’s Dalian Wanda Commercial Properties Co said on Wednesday four investors have agreed to contribute CNY24 billion yuan (USD3.9 billion) over the coming two years as the first tranche of funding to build around 20 shopping malls.
International sailmaker and sportswear brand North Sails has appointed former Gucci Group president and chief executive officer Robert Polet as a partner of its apparel division, effective immediately. Lees ook: Myanmar’s cellcos reach a combined 50m subs
Soggy November sales figures have increased the scrutiny on Christmas trade for Australia’s struggling retail sector as lagging consumer confidence weighs on spending. Official retail sales released on Friday for November came in softer than expected, inching…
In the first fiscal quarter ended 30 November,, the Japanese clothing giant Fast Retailing has totaled revenues of JPY479.5 billion yen (USD4 billion) , an increase of 23 percent over the same period before . For the full year , the management estimates that…
UK supermarket giant Tesco PLC has announced “difficult changes” to its business at the start of the year, including the closure of 43 stores, lower prices on the country’s favourite brands, flat investment in payroll, and significant revision to its store…
Driven by the growth of e-commerce and online, cross-border transactions, UPS and 7-Eleven have entered into an exclusive partnership in Singapore for an innovative delivery system. The agreement will see 20 7-Eleven outlets at Shell petrol stations across…
China’s largest e-commerce group Alibaba said on Monday transaction size at its overseas shopping division Tmall International added more than 10 times since its initial launch in February this year. By the end of November this year, as many as 5,400 overseas…
Zalora, Asia’s online fashion destination, on Thursday announced its new same-day delivery service, making it the only regional online fashion retailer to offer such a facility. Its regional managing director Michele Ferrario said in a statement that…
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Read by retail operators, investors and brand teams across Asia.