The broad sweep of Asian retail: chains, consumers, policy and the deals that move the market.
The luxury travel retailer’s campaign follows the adventures and journeys of three international travellers and social media influencers — French music producer Caroline de Maigret, rising Taiwanese actor Godfrey Gao and Chinese artist Zhou Yi. In a first for…
Opple Lighting India is expanding its retail presence and introducing ‘Made for India’ LED lighting products in the South India. The Chinese lighting major, which operates in over 50 countries, has entered India with customised products factoring in local…
Samsonite International has bought Rolling Luggage, an international network of airport stores selling branded luggage and travel products for business, fashion, adventure and leisure. Samsonite paid the vendor, Tie Rack Retail Group, in turn owned by…
AsiaPay has partnered with Octopus Cards to offer Hong Kong consumers an expanded payment gateway for the Octopus Online Payment Service. The collaboration will offer an additional choice of payment gateway for Hong Kong’s online shoppers. The new platform…
Pioneer online pawnshop PawnHero has come to the rescue of Filipinos with urgent cash needs. In the Philippines, only two out of 10 Filipinos have bank accounts and fewer than five per cent have credit cards. Most don’t have access to affordable credit. As…
Osaka department stores are reporting three times the usual duty free sales to foreigners over Lunar New Year. Chinese shoppers may be curtailing spending at home, but they’re still splurging when they travel – as they are doing in increasing numbers within…
Award-winning book retailer Fang Suo Commune has opened another stunning store – this time in Chengdu, China. Two more are planned later this year – one in Chongqing in March and another in Qingdao later in the year. It is already planning a Shanghai store…
Thailand’s retail industry is expected to grow by 5-10 percent this year from THB1.55 trillion (USD47.6 billion) last year as local consumption recovers. Suwit Kingkaew, a senior vice-president of CP All Plc, operator of the 7-Eleven convenience store chain,…
Online video is predicted to be the next big thing in online communication tools to promote brands, thanks to the high penetration of budget smartphones and on-the-go lifestyles. Arpapat Boonrod, managing director of global media research company TNS…
Snapdeal has become the first e-commerce company in India to enter the best employers’ club. The latest survey by Great Place To Work Institute India, in partnership with Retailers Association of India, has put the New Delhi-based firm among the top 10…
Consumer confidence in Singapore fell in February, mainly due to Singaporeans’ reduced confidence about their personal finances over the next 12 months. This is according to a consumer confidence index by ANZ-Roy Morgan which fell 2.1 percentage points (ppts)…
Retail and brand consultancy Fitch has named two senior executive appointments in Asia. Ian Bellhouse has been appointed regional CEO for Asia Pacific and Greater China, reporting into Worldwide CEO Simon Bolton. With more than 20 years at Fitch, Bellhouse…
Gold shops in HCM City are stocking many kinds of original products and hope to make big profits on them during Tet. Gold traders expect the demand for gold products to be particularly high on the 10th day of the new year, which is the birthday of the God of…
Traditional Thai retail businesses are expected to stay afloat, but their market share is likely to drop over the next five years as e-commerce proliferates.
The Thai economy may not have fully recovered, but a survey shows locals still plan to celebrate Valentine’s Day on Saturday, the same as lovebirds scattered around the world. This year Thais are likely to be more cautious with their spending, said Thanavath…
Thailand plans to reintroduce its initiative to cut consumer prices after the seven-day campaign last 24-30 Dec as part of a New Year gift to the public proved a great success. The new campaign could be held in May and might be extended to 10 days, Commerce…
Weekly Briefing
Monday, Wednesday and a Friday 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.