CIMB Equities Research is maintaining its Add for Berjaya Food with potential re-rating catalysts are stronger sales on the back of a recovery in consumer spending and new contribution from its fast moving consumer goods (FMCG) business in FY17. However, the…
Indian footwear and outdoor gear brand Woodland is planning to open stores in China, Malaysia and Singapore along with franchising its brand in other markets. Woodland is also taking the eCommerce route as part of its expansion, and is hiring social-media…
Ten weeks after its launch, the mobile marketplace of Australia-listed Hong Kong-based eCommerce platform Ensogo has reported “exceptional” growth. Ensogo connects products for sale to more than 600 million consumers throughout Hong Kong, Indonesia, Malaysia,…
US retailer Charming Charlie has opened its pink doors in the Philippines. And following this Asian debut, the US-based fashion retailer is now eyeing Malaysia, Indonesia, Korea and China for expansion. The company had first expanded in Canada and the UAE…
Malaysia is one of the first six markets to go live with Retail Workbench, a digital tablet-based sales-and-service tool, according to Standard Chartered Bank, which globally launch of its Retail Workbench, The iPad tool is also live in India, the UAE,…
Malaysian-grown tropical fruits are taking centre stage at retail stores across Scandinavia for the second straight year. The Asian nation’s Agriculture Representative Office in The Hague (PPP The Hague), Netherlands, has extended it marketing activity in the…
Vietnam is on the radar for Hong Kong clothing retailer Giordano International, both as a market and supplier. With its steady growth in the emerging market, the company is planning to establish a legal entity Giordano Vietnam. It is also eyeing the country…
Toys’R’Us has announced that Monika Merz, president, Asia Pacific, will retire effective May 31. Her successor will be named later. As president of Toys’R’Us Asia Pacific, Merz oversees all operations and business activities for the company’s more than 300…
Despite positive sales growth, 7-Eleven Malaysia’s profits have slumped by more than a fifth. Higher selling and distribution expenses from store expansion are blamed for 7-Eleven Malaysia Holdings net profit falling 22.21 per cent to RM13.94 million ($3.3…
Cosmetics company Sephora has launched a one-stop online shop in Malaysia following its acquisition of independent beauty eTailer Luxola. Luxola founder and CEO Alexis Horowitz-Burdick says the move allows Sephora Malaysia to offer an even larger assortment…
11street (www.11street.my) today announced its latest collaboration with UITOX, the first ever largest online marketplace in Taiwan to introduce 200 élite brands from Taiwan along with around 150,000 products from Taiwanese sellers. This partnership signifies…
Malaysian restaurant chain group PappaRich has opened its first Hong Kong outlet, marking a strategic move in its Asian expansion by leveraging the city’s status as a ‘food paradise’ in the region. The PappaRich restaurant at the L-Square in Causeway Bay…
As a first step toward growing its international presence, Indian fashion brand Wildcraft has launched into the Middle East and Southeast Asia. It has formed partnerships for its foray into the UAE, Oman and Muscat markets, and online partnerships for Hong…
Costs related to the closure of retail stores were among the factors contributing to reduced second-quarter earnings for Singapore’s Wing Tai Holdings. Store closures caused a 12 per cent rise to S$23.8 million in administrative and other expenses…
Malaysia Venture Capital Management Berhad (MAVCAP) held a meeting with the Indonesian Chamber of Commerce and Industry to talk about e-commerce. With the revision of negative investment list, it is expected to facilitate the state’s investment towards…
Mobile commerce, millennials and faster fulfilment will drive retail innovation this year, according to commercial supply chain specialist Manhattan Associates. It predicts a rapid migration to more personalised shopping, with mCommerce presenting big…
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