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Reported across 14 sectors and every major Asian market — deals, openings, results and people moves, seven days a week.
A Hawaiian coffee concept already popular in Tokyo has now made its debut in Korea. Lanai Cafe is a Hawaiian Kona Coffee shop serving coffee, pancakes, desserts and drinks. Kona is ranked as one of the world’s top three coffee beans alongside Jamaican Blue…
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.…
One of the luxury brands in home and car sound systems, Bang & Olufsen (B&O), has readied its retail foray. Till now, operating mostly in the rarefied world of custom-made audio systems installed in the homes of celebrities and business barons, or…
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…
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…
In suburban Ho Chi Minh City, a unique ‘collectibles boutique’ draws stock from all over the world. Villa Royale, is now a year old, starting as an antique shop and has since also turned into one of the city’s top 10 cafes. A walk around the District 2 villa…
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…
Five retail giants have teamed up with a Thai mall operator to offer a cross-border privileges programme for shoppers. Siam Piwat, owner of Siam Paragon, Siam Center, Siam Discovery and Paradise Park, is partnering with South Korea’s Lotte, Hong Kong’s Times…
Chinese e-commerce giant Alibaba will take a majority stake in AdChina, which calls itself China’s leading digital marketing platform, to develop online and mobile marketing, the internet powerhouse says. Alibaba had made a strategic investment in AdChina, it…
Kodak – the famous photography brand almost killed off by the digital revolution – has made a comeback. In a digital form, of course. Kodak has unveiled a new smartphone at this week’s CES consumer electronics show in Las Vegas, the product of a joint venture…
Tesco has become the first retailer to launch a Google Glass enabled service with a basic version of its shopping app now available for users of the wearable device. The Glassware has been developed by Tesco Labs, which experiments with disruptive…
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…
German tech company Wirecard has teamed up with an Indonesian bank to roll out new point-of-sale technology for Carrefour Indonesia. Wirecard, with its Indonesian subsidiary PT Prima Vista Solusi and Bank Mega have joined forces to support Carrefour Indonesia…
Globe Telecom has simultaneously opened the first three stores in a new retail format named Generation 3. The Globe Gen3 format was designed by Tim Kobe, founder and CEO of Eight, Inc, whose most famous work is the Apple Store in New York. Globe says the…
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