Home, wellness and lifestyle categories redefining everyday consumption.
Muslim tourists spent $62 billion shopping and dining last year – and Asia got a huge share. Malaysia and Singapore were the second and third most popular shopping destinations for Muslim tourists last year, lagging behind only Dubai, according to the…
IKEA does not expect a slowdown in demand for its products in its fastest-growing market, China, despite a sluggish economy, and the world’s biggest furniture retailer is sticking to investment plans for the country, its chief executive said. A faltering…
Aid agency Oxfam has urged listed companies in Hong Kong to put more effort into improving society, saying such initiatives could help enhance their brands and attract investors. But one leading finance academic questioned whether local investors were ready…
Casio Computer Co. Ltd., maker of G-Shock watches, is targeting the middle-class market with high-end electronic watches priced at over HK$10,000 each. The company has long been in the mass market selling plastic watches for US$100 to US$150 each. But Hiroshi…
Indonesia will promote its world-class diving sites to Japanese tourists during a tourism promotion event entitled “Diving Sales Mission”, to be held in Japan on October 8 and 9, 2015. The promotion is to be held following a successful similar event, carried…
Streaming music service Rhapsody has launched a version for kids that limits their access to only tailored programming and content that parents add. The company said it was adding the service as many of its customers have moved into “a new chapter of their…
It seems that taxi drivers in Singapore are fearful of Uber, which threatens their livelihood by using private drivers to pick up passengers. While they didn’t riot in the streets or overturn cars (Singapore clamps down hard on unruly behavior), they’ve…
Japanese beauty products giant Shiseido has created a Global Travel Retail (GTR) marketing team based in Singapore. The company said that the new team is aligned with the Group Vision 2020 and reflects the priority role of travel retail in the expansion of…
Hong Kong International Airport (HKIA) is launching a new trial local delivery service for passengers who spend more than HK$1,000 ($129) in its shops at the airport. Cissy Chan, Executive Director Commercial, HKIA said Airport Authority HKIA also plans to…
Modern Internasional, the master franchisee for Indonesia 7-Eleven, has partnered with Credit Saison of Japan to create a fund to help finance new franchisees. The two companies have created a joint venture called PT Saison Modern Finance (SMF) in Indonesia.…
Convenience Retail Asia, the Hong Kong-listed operator of Circle K convenience stores and Saint Honore Cake Shops in Hong Kong, Macau and Guangdong province, has reported a 36.8 per cent decline in first half year profit. While sales increased 5.8 per cent in…
South Korean location-based coupon application provider YAP Company has launched a new app that provides Chinese tourists with various tourism-related information, including shopping and transportation. The app, dubbed Kayo, provides a selection of coupons…
South Korea’s retail and tourism industries are preparing a slew of promotional and cultural events to woo back Chinese tourists during a long-haul holiday season, pinning their hopes on making up for a summer slump in the wake of a viral respiratory illness,…
In Hong Kong, HMV is enjoying a renaissance. But HMV Singapore appears about to become extinct. The last surviving store bearing the brand in the city state will close on September 30 after the company decided not to renew its lease on the Marina Square…
ANZ has announced the establishment of a new branch in the Chinese city of Qingdao as the bank continues its growth in markets abroad. The Qingdao branch will cover the entire Shandong Province and will offer products and services for ANZ’s corporate…
Hooters, the long-admired American chain restaurant famous for tackiness and large-breasted female servers, opened its first Bangkok branch on Friday night. “Damnnnnnnnn. Look at that thang!” was the emotion on most of the (mostly male) guests who showed up…
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