Reporting and analysis on retail, e-commerce, and consumer trends in Taiwan, updated continuously by our newsroom.
Fashion group Esprit Holdings says it has made a “significant recovery”, turning around its HK$238 million (US$30.6 million) loss to record a net profit of HK$61 million for its first half. While the improvement was driven by retail sales, the group says two…
Overall revenue fell 11 per cent for apparel retailer Bossini International during the first half of its financial year. However, its interim results to December 31, showed an improvement in gross margin – by four points to 51 per cent, attributed to more…
Taiwan-based notebook manufacturer Quanta Computer has deployed Brocade-powered New IP networks at factories within its key manufacturing site. The deployment of Brocade IP networking technology at both the company’s network edge and its data center…
Hooters of Singapore – Marina Bay has opened in Marina Boulevard, led by franchisee Destination Properties Group. Covering 2336 sqft (217 sqm) and close to Marina Bay Sands and Marina Bay Financial Center, the restaurant features more than 22 large-screen…
Chatime Malaysia bubble-tea outlets will be rebranded following a dispute between franchisor La Kaffa International of Taiwan and Malaysia’s Loob Holdings. The move follows a termination of the franchise contract because of irreconcilable differences. Loob…
On December 28, Taiwan’s President Tsai Ing-wen signed into law the amendment to the Value-Added and Non-Value-Added Business Tax Act to impose tax on foreign online sellers’ supplies to Taiwanese consumers. The amendment is intended to raise additional…
This Month Vietjet has launched its 5th route to Taiwan connecting Ho Chi Minh City with Taichung (Taiwan), becoming the airline with the most routes between Vietnam and Taiwan. The new service is to meet the increasing travel demand of individuals, tourists…
Sales performance has improved marginally for cosmetics chain Sa Sa International Holdings for its third quarter, to the end of December. This was mainly a result of a rise in numbers of mainland customers driving a 5.4 per cent increase in the number of…
Taiwanese bubble-tea brand Sharetea has launched into Vietnam with a store on the walking street of Nguyen Hue in central Ho Chi Minh City. Sharetea has more than 450 stores in more than 18 countries. Its drinks are made from tea leaves and ingredients…
Loob Holdings, which owns and runs the Chatime Malaysia outlets, says it will seek legal advice in response to news of a purported termination of the franchise agreement with La Kaffa International of Taiwan. Loob CEO Bryan Loo says that while the franchisor…
Under a franchise deal, California chain Fatburger is about to establish a presence in Beijing. Known for its made-to-order burgers, shakes and fries, the brand has signed a franchise development contract with Beijing Haisiyamei Restaurant Management, which…
Japan’s Kura Corporation plans to octuple the number of its Kura Sushi conveyor-belt restaurants in Taiwan to 40 by 2024. Its present five sushi-train restaurants are mainly in urban areas, but it plans to move to the suburbs with outlets along busy streets.…
Taiwan’s National Communications Commission has launched a new awareness campaign urging the nation’s remaining 2G subscribers to migrate to 3G or 4G before the 2G licenses expire on June 30. The regulator has produced two TV commercials to spread awareness…
The Asia Pacific Gateway (APG) submarine fiber optic cable line has been put into operation after four years under construction. The APG, funded by VNPT, Viettel, FPT and CMC, aims to boost Vietnamese Internet speed. The operation of the network aims to…
Japanese restaurant chain Ramen Iroha has opened its first outlet in Taiwan. The Ramen Iroha Taiwan restaurant is a joint venture with local partner I-Mei Food which is sourcing ramen ingredients free from additives and chemical residues, and so appeal to…
China-based crawfish specialty brand JuanFu has opened its first restaurant in Hong Kong with hopes this will help it launch worldwide. Founded in Shanghai last year, the brand already has 11 outlets spanning different provinces and cities in China. Its Hong…
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