Japanese convenience store company FamilyMart Uny Holdings may sell its Hong Kong retail interests. Working with a financial adviser, the company is seeking about US$100 million for its three stores, insiders say. In Hong Kong, FamilyMart Uny runs department…
HANSA HEAVY LIFT has strengthened its position in the floating unit market after successfully completing a series of projects in the Americas, Europe, Asia, and Africa. The moves included the transportation of 45 yachts in one consignment, as well as the safe…
Kanebo Cosmetics announced that Masumi Natsusaka, the company’s President, is scheduled to leave his post at the end of the year. Natsusaka has served in the role of the president of Kanebo since 2012, and is credited for orchestrating the brand’s recall of…
Following a three-year renovation, Chanel Japan has re-opened its flagship store on Namiki Dori in Ginza. Initially opening in 1994, the store was the brand’s first Japanese standalone boutique. As well as new interiors, architect Peter Marino has given the…
Uniqlo announces plans to launch a Spring/Summer 2018 UNIQLO and JW ANDERSON collection, following the positive response worldwide for its Fall/Winter2017 line. The new collection, created once again in collaboration with London-based fashion brand JW…
Japan’s FamilyMart is about to launch a fitness club chain, Fit & Go. Like its convenience stores, the gyms will be open 24 hours a day. Around-the-clock gyms have been growing in popularity in Japan, mainly supported by the age range of FamilyMart’s primary…
About 35 new stores are lined up for the soft opening of phase two of Mitsui Outlet Park KLIA Sepang on December 15. An official launch is slated for February, says Mitsui Fudosan (Asia) Malaysia, which runs the project in a JV with Malaysia Airport Holdings,…
Japan’s consumer prices rose for the 10th straight month in October, government data showed Friday, but inflation was still far from the target seen as crucial to revive the world’s third-largest economy. The core inflation rate was 0.8 percent year-on-year…
Nissan Motor Co’s sales of domestic passenger cars fell by almost half in November – its second straight month of slides in the wake of a compliance scandal and its first since it resumed production of cars for the home market. Revelations that Nissan failed…
Japanese discount store Don Don Donki opens its first Southeast Asian outlet at Orchard Central today, to be followed by a second outlet at the 100 AM mall in Tanjong Pagar in June. The aim is to have at least 10 stores in Singapore within the next four or…
While themed restaurants are usually temporary affairs in Japan, Tokyo is about to have its first permanent Pokemon diner. Opening in the Takashimaya department store in Nihonbashi, the cafe will feature food, drinks, and décor that draws on decades of…
Leading insurance company, AIG brought together expert panelists from leading organisations Agoda, Hong Kong Airlines and Sunflower Travel to talk about the latest travel trends, habits and risks for travellers from Hong Kong. All of the panelists confirmed…
Titijaya Land Bhd has roped in Japanese leading property giant, Tokyu Land Corp, to be the new shareholder of its wholly-owned Epoch Property Sdn Bhd in a RM47 million deal. Epoch Property sealed a conditional share subscription agreement with Tokyu for the…
Japanese electronics retailer Bic Camera is targeting teenage girls in a new concept store set to open in the quirky Harajuku shopping precinct. Harajuku has been renowned globally as a destination for cosplay fans since way before the pastime became…
Japan on Thursday released preliminary October data for industrial production, setting the pace for a busy day in Asia-Pacific economic activity. Industrial output is expected to rise 1.8% on month and 7.2% on year after falling 1.0% on month and gaining 2.6%…
Following a rebound in September, Japan’s retail sales have softened again. Despite the 2.3 per cent spike, sales figures for last month eased 0.2 per cent year on year – the first decline in 12 months. Sales slipped for general merchandise (a 2 per cent drop…
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