Reporting and analysis on retail, e-commerce, and consumer trends in Taiwan, updated continuously by our newsroom.
It’s important for investors to be aware of the subtle differences between key Asian countries, according to a survey by BNY Mellon and analytics and advisory firm Oxford Metrica. The study looked at trends across Singapore, Taiwan, Hong Kong and South Korea,…
French-headquartered retailer Carrefour says its Asian sales rose 13 per cent in the second quarter of this year. But Carrefour China struggled during the quarter, its sales down 11.4 per cent measured organically and 12.3 per cent on same store sales basis.…
Fresh from sealing a deal to enter the UAE, US chain Smoothie King is now seeking partners to enter seven Asian markets, along with Australia. With more than 700 locations worldwide and plans to top 1000 locations globally by the end of 2017, Smoothie King…
Pazzion, home-grown shoe brand turned international sensation, has appointed award-winning PR agency, PR Communications to handle all its media relations programmes and special events. Since its conception in 2001, PAZZION has exploded onto the regional…
Denim retailer Bauhaus says its same store sales have slumped in Taiwan and Hong Kong in the last quarter. Same store sales fell 17 per cent in Taiwan and nine per cent in Hong Kong, but remained stable in Mainland China. The Hong Kong-listed street fashion…
Tadashi Yanai, chairman, president & CEO of Fast Retailing, said Fast Retailing Group is committed to employing people with disabilities, in the belief staff can learn from each other and grow by working together. “Through our support of the Special Olympics…
Chinese homewares company Jia has opened its first store in Taiwan. Jia Plus Taiwan opened this week in Shin Kong Place, Suzhou. It features a curated collection of home and kitchen wares sourced from its own portfolio, along with European brands including…
Sasa Singapore says government restrictions on staff hiring are adversely affecting its business in the city state. As a result, the company plans to rationalise its store network and exit some leases early. The Hong Kong-headquarter retailer says that during…
Taiwan’s GigaMedia, a web-based video games and computing providers supplier, is to purchase 70 per cent of worldwide eCommerce cosmetics retailer Strawberry Cosmetics. Taipei-based, Singapore-listed GigaMedia can pay about US$93.1 million for the stake.…
Listed retailer Oriental Watch Holdings says its net profit fell 78 per cent in the year to March. The company, which had issued a profit warning earlier in the year, has been hit by the slump in demand for luxury watches from mainland Chinese, in turn a…
PT Sari Gemilang Makmur has gained the franchise rights to Jamba Juice Indonesia. The US smoothie chain Jamba Juice has launched into an aggressive worldwide enlargement technique with some 600 new cafes now within the improvement pipeline in South Korea,…
Symphony EYC, which supplies software program and providers for greater than 1000 retailers, producers and wholesalers globally, has made two key Asian government appointments. Oscar Garcia-Velasco turns into VP Asia Pacific and Japan and Henry Chen GM of…
Singaporeans, Taiwanese and South Koreans will be capable of purchase the Apple Watch from later this month. “The response to Apple Watch has surpassed our expectations in each approach, and we’re thrilled to convey it to extra clients around the globe,”…
The buyer confidence index (CCI) dipped 1.29 factors to 91.64 in Might, whereas the inventory funding confidence sub-index noticed the most important fall, by 9.6 factors, based mostly on a report launched by the Nationwide Central College (中央大學, NCU)…
French hypermarket operator Carrefour has additional prolonged its footprint in Taiwan and China, with three new shops opening their doorways in current weeks. Carrefour Taiwan has opened its 73rd retailer – the Xi Ke retailer in Hsi Chih science park. The…
Alibaba Taiwan has been told by government officials to pack up and head home. The Taiwanese government’s Investment Commission has formally instructed the Chinese Mainland-based eCommerce giant to withdraw from the country within six months ruling the…
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.