Reporting and analysis on retail, e-commerce, and consumer trends in Taiwan, updated continuously by our newsroom.
An iconic Japanese restaurant chain Kushikatsu Daruma has opened its first outlet outside its home market – and announced plans to enter three more Asian countries. Kushikatsu Daruma opened its first restaurant in 1929 at the foot of Tsutenkaku, the famous…
Asia’s mComerce boom is creating a growing target for online fraud and cybersecurity risks, according to fraud consultancy Fico Group. Criminals who used to focus on ATM skimming are turning their attention online in an effort to compromise credit and debit…
FamilyMart Taiwan says a growing number of customers are paying by bitcoin since it struck a deal with local wallet provider BitoEX. The convenience retailer started accepting the cryptocurrency at its 3000 stores across Taiwan on October 24 and has recorded…
Taiwanese bookstore operator Eslite Corporation has opened its first shop in Mainland China. The Eslite China store has opened in Suzhou in a high profile event featuring some of China’s most famous writers and artists, including Lin Hwai-min. Eslite has…
BCBGMaxAzria, the US premier lifestyle fashion brand has partnered with B2C cross-border eCommerce solutions provider VoyageOne to expand its online footprint in China. “We are pleased to launch of BCBG on Tmall. We are very optimistic about the opportunity…
Taiwan’s largest convenience store chain, 7-Eleven, says it will work with local shopping website MyDay to have online purchases from overseas delivered to its 5000-plus stores around Taiwan. The convenience store introduced the delivery service on Wednesday…
Hit by falling sales in the tourist downturn, Hong Kong beauty retailer Sa Sa plans new store concepts and diversification to restore growth. Reporting a 10.6 per cent decline in sales to HK$3.778 billion in the first half of the current year, and a 55 per…
China’s Alibaba has announced two venture funds to help entrepreneurs with projects who can leverage the resources of Alibaba’s ecosystem. A HK$1 billion (US$130 million) venture fund – named Entrepreneurs Fund for Hong Kong – will be managed by venture…
Never mind that Singapore is renowned globally as a shopping destination. Singaporeans want to shop elsewhere. A survey by insurance company AIG conducted back in April found 36 per cent of the 1205 polled go on holiday solely to shop. When they take a…
Nearly half of Asia’s shoppers said they prefer to do their Christmas shopping online this year, according to a new survey conducted by internet services company Rakuten. Of 2500 shoppers polled in Singapore, Malaysia, Indonesia, Thailand and Taiwan, 47 per…
Thousands of jobs are under threat in the wake of the Korea Customs Service’s shock decisions last Saturday in awarding duty-free licenses in Seoul. Two major players had their licenses revoked. Lotte Group plans to close its World Tower branch in Jamsil,…
Groupon – which has exited three Asian markets this year – continues to struggle globally with ts flawed discounting model. Operating on wafer thin margins in the first place, the company has taken a severe hit from currency exchange fluctuations in the third…
The first Jamba Juice Taiwan store has opened its doors. The opening, in partnership with Taiwanese master franchisee Quan Hung Gourmet Company, marks the US juice cafe concept’s 71st store outside the US, and its 885th overall. The Taiwan store has opened at…
The design team behind the new generation Starbucks Taiwan Longmen concept store set out to create a “theatre for coffee”. The new store features Starbucks Reserve coffees and is located in one of the busiest shopping and fashion districts in the city of…
A 465 sqm pop up store promoting Macallan single malt whisky is touring major Asian cities. Designed by agency Fitch, the unique pop up is by day a shopping and exhibition area, open to any walk-in customers. In the evening, the space is transformed into a…
Taiwanese handmade canvas bag store, Guangfuhao, has opened its first Hong Kong store. Guangfuhao was established in 2009, not only to nurture Taiwanese traditional industry and promote the craftsmanship of Taiwanese masters, but also cultivate a new…
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