Reporting and analysis on retail, e-commerce, and consumer trends in Japan, updated continuously by our newsroom.
Global coffee giant Starbucks has finished its financial year on a high, reporting a 17 per cent increase in annual revenue to a record US$19.2 billion. But is the Starbucks Asia Pacific business underperforming? Neil Saunders, CEO of Conlumino, believes so.…
Japan’s largest drugstore Matsumotokiyoshi has chosen Thailand for its first international foray. Matsumotokiyoshi Thailand is a joint venture between the Japanese company and Thai retail conglomerate Central Retail Food Corp who have formed Central &…
English Premier League club Manchester City has partnered with EZ Shopnet to launch five online stores serving Asian fans. Manchester City online stores will be launched for customers in China, Hong Kong, Japan, Korea andSoutheast Asia. As the club’s new…
Apparel business I.T. Limited has boosted sales by 5.1 per cent to HK$3.393 billion in the first half year despite a slowdown in Hong Kong. But the company recorded a net loss of $31 million due to a non-recurring foreign exchange losspreviously reported…
eBOOK Initiative Japan Co., Ltd., who operates ebook-selling website, “eBookJapan,” which boasts the largest line-ups of the digital comics in Japan, has launched the Japanese comics digital bookstore, “MangaMon” on November 1st. “MangaMon” url:…
After making its first foray into East Malaysia by opening two stores in Kota Kinabalu, Sabah and one in Kuching, Sarawak, Uniqlo Malaysia is opening its first Perak store in the newly opened Aeon Mall Ipoh Klebang. This will be Uniqlo’s 31st store in…
Five innovative Hong Kong fashion designers; Chailie Ho, Kathy Lam, KOYO William, Lulu Cheung and Polly Ho, will showcase their 2016 Spring/Summer collections at the Mercedes-Benz Fashion Week TOKYO this month. The group show, “Fashion Hong Kong”, which is…
A company in Japans Okayama Prefecture is interested in the automotive component business in Indonesia, Okaya Prefecture Governor Ryuta Ibaragi said. During his visit to the Indonesian Capital Investment Coordinating Board (BKPM) here on Friday, Governor…
The world’s largest fondue restaurant chain is looking to expand throughout Asia after early success in Indonesia. Franchisees are now actively being sought for The Melting Pot in Hong Kong, Macau, China, Japan, South Korea and India. The Tampa, Florida-based…
Japan duty free sales soared in the first quarter of the current financial year as Chinese tourist ranks swelled. Major duty free retailers have reported sales on the mainland soared 20 per cent or more year on year, with brands preferred by Chinese shoppers…
A merger of Japan’s third and fourth-ranked convenience store operators is set to create a “third force” in Japanese retailing behind Seven & I and Aeon. The FamilyMart-Uny merger terms have now been agreed and the two companies are now working towards an…
Uniqlo Philippines will open its first store in Cebu on Friday (October 23). The new 1000 sqm store is located in SM City Cebu shopping mall, on the first level of the north wing. It will be Uniqlo Philippines’ 25th shop and its first in the Visayas region.…
Japan’s largest drugstore operator, Matsumotokiyoshi, will open a store in Bangkok this week, its first abroad, and a second one by the end of the year, the head of the company’s new joint venture here said Tuesday. “We are confident to be successful here,”…
Vendors of wines and liquors appeared to be undaunted by a retail and tourism slump in Hong Kong as they welcomed the annual Wine and Dine Festival in the Central harbourfront. One of the biggest in recent years, the festival this year features 340 stalls and…
British luxury brand Burberry says Chinese luxury spending patterns have impacted on its sales in the six months to September 30. While the brand’s global retail sales rose two per cent to £1.105 billion in the half year, CEO Christopher Bailey described the…
Mainboard-listed Croesus Retail Trust has agreed to acquire Torius Property, a completed retail mall in Japan, for eight billion yen (S$95.2 million). The purchase price is at a 3.7 per cent discount to the property’s valuation of 8.3 billion yen (S$98.8…
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