Topic
34 stories in this topic
HSBC is making a significant stride into the Singaporean market with the establishment of its Innovation Banking division. This move is marked by a considerable investment of $1.5 billion, aimed at promoting rapid expansion firms and improving the local…
The famed fine-jewellery brand, Mouawad, has expanded its global presence with the inauguration of its premier boutique in Thailand. Located on the ground floor of The Emporium in the bustling city of Bangkok, this new establishment marks the brand’s initial…
Canadian beauty retailer, Sukoshi, is poised to continue its North American expansion with the opening of its largest store in New York next month. This marks a significant milestone in the company’s growth strategy, reflecting its ambition to increase its…
Adidas and Fast Retailing have joined the ranks of apparel magnates grappling with the reality of increased product costs in the United States due to new import tariffs levied on key Asian manufacturing nations. The Impact of Rising Tariffs The US has…
The Swiss luxury conglomerate, Richemont, reported a six per cent increase in quarterly sales, attributing the growth to the continued popularity of its fine jewelry brands, Cartier and Van Cleef & Arpels, among affluent consumers. Quarterly Sales Figures For…
The US retail clothing and footwear industries are contending with increased tariff pressure as the government announced levies on numerous countries, including key Asian textile suppliers such as Vietnam and Indonesia. The tariffs are expected to be between…
Umall, an Australian e-commerce platform, recently announced its acquisition of Asian Grocer Online (AGO) in a bid to expand its presence in the multicultural grocery sector. Strategic Acquisition This acquisition represents a significant development in…
In recent years, the Asian retail landscape has undergone a dramatic transformation powered by rapid digital innovation. Traditional brick-and-mortar models are being reshaped by a surge in online shopping, mobile payments, and customer data analytics.…
Asian markets rose on Tuesday after China said it would end quarantine for arrivals, spurring hopes for the revival of the world’s second-largest economy and boosting oil which continued its upward surge on fears of Russian production cuts. China has abruptly…
Savvy Southeast Asian consumers are shop-hopping across an average of 5.2 online sites before making a purchasing decision, up from 3.8 sites last year. The insight is among those unveiled by a new joint Facebook and Bain & Company report that shows digital…
Are you a gambler? You need to sign up with the Asian bookmakers. Here you will never fall short of the services you need in betting. If you are not a resident of Asia, you should not be worried because the Asia bookmakers are not limited to the residents of…
Asia has a huge betting market compared to other continents. But, it has poor coordination. The Asian market led in global betting in 2017. It comprises established sportsbooks like Betway88. Statistics show that about 40 percent of bets placed in the world…
AuMake says it will focus on catering to Asian tourists at its Australian outlets, shifting away from its original business model of targeting Chinese shoppers intent on posting their products to the mainland. The ASX-listed company’s 16 shops initially…
Myanmar restaurant chain Feel International is set to open in Thailand. Opening in the popular Bangkok tourist area of Pratunam on Thursday (January 24), the group intends to introduce Myanmar cuisine to Thai consumers and foreigners. “At present, many…
Eight brands from the Fossil Group – Chaps, Diesel, Emporio Armani, Fossil, Kate Spade New York, Michael Kors, Misfit, and Skagen – will each launch wearables this year. The company said more than 100 wearables products, including display and non-display…
Central banks in emerging Asia that are struggling to revive growth and keep their financial systems stable are facing new risks as their counterparts in Europe and Japan plunge deeper into uncharted policy territory. The Bank of Japan in February joined…
