Reporting and analysis on retail, e-commerce, and consumer trends in Australia, updated continuously by our newsroom.
Five or six years ago, Australian retail pundits who’d visited the 50,000sqf Eataly Italian “food emporium” in New York (which opened in 2010), were breathlessly rhapsodising about it in presentations back home. My visit to its Munich outpost two years ago…
Research firm IBISWorld on Tuesday revealed Australia’s top 1000 companies in 2018, with Wesfarmers and Woolworths placing within the top five. The list provides an overview of Australia’s corporate landscape, and highlights the largest firms, growing and…
US-based PVH Corporation opened its 13th full-price Tommy Hilfiger store in Australia on Friday, just days after the fashion brand held its Tommy Now runway event in Paris, featuring a collection designed in partnership with American actress and brand…
A Nike warehouse in Melbourne’s Altona North suburb has become the first facility in Australia to receive a ‘whole-of-building’ carbon-neutral certification from the National Carbon Offset Standard. The certification is the latest recognition for the site,…
Venture to the local shops and you’ll probably see dogs outside on the footpath waiting for their owners. Perhaps the store has provided a hook for dog leads and a bowl of water for thirsty canines. But travel further from home, into the city centre for…
The Australian dollar has risen slightly over the weekend to 70.42 US cents, up from 70.22 US cents on Friday. The Aussie dollar also trades at 62.67 euro cents, 54.20 British pence, $1.03 New Zealand dollars, 78.24 Japanese Yen, and 4.733 Chinese Renminbi.…
Digital platforms provide a host of challenges for governments. Questions about how to best protect privacy, democracy, and speech online become more pressing every year. But policies that affect online platforms also affect international trade. Many…
The big players on the Australian supermarket scene will be buckling up for some stiff competition this Friday morning, with the announcement that German hypermarket Kaufland has received planning approval for its first three stores in Victoria and…
Singtel and its wholly-owned Australian subsidiary Optus have completed a 5G augmented reality video call between Singapore and Australia as part of their preparations for the introduction of the next generation mobile technology. The joint trial was…
Australia’s Telstra has used this week’s Mobile World Congress to announce a partnership with Commonwealth Bank of Australia And Ericsson to trial 5G edge computing technologies in the financial services sector. The three-way collaboration will involve…
The Australian dollar has fallen against its US counterpart Tuesday, buying 70.91 US cents from Monday’s 71.11 US cents. The local currency is at 79.39 Japanese yen, from 79.23 ; 62.40 euro cents, from 62.36 ; 53.57 British pence, from 53.48 and 104.16 NZ…
VMware has announced the launch of its 5G-ready Telco Cloud platform, as well as new solutions aimed at helping ease operators’ migration to 5G. Announced at Mobile World Congress in Barcelona, the new Telco Cloud platform is optimized for both 4G and 5G…
Mainland Chinese tourists prefer visiting Australia, Japan and Singapore over Hong Kong, a survey has found, citing a preference for outdoor and nature activities in these places. Consultancy firm Kantar, which polled 300 people from Beijing, Shanghai,…
Monthly retail figures from the Australian Bureau of Statistics have shown a somewhat dismal December trading period performance, having fallen 0.4 per cent to $27 billion, compared to the 0.5 per cent increase seen in November. While online retail turnover…
Premium lifestyle brand Ralph Lauren increased gross profit across its third quarter period by 6 per cent to $1.46 billion (US$1.05 billion), compared to $1.37 billion (US$996 million) the year prior. The growth was driven by a 90 bps increase in gross margin…
Recently, Australia fintech company AirPay Financial Technologies announced its regional collaboration with China leading mobile payment technology company SwiftPass to form a new lifestyle brand “AirPass”. Connecting Australian merchants directly with…
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.