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Despite the overall downturn in Hong Kong’s retail market, fast-food conglomerate McDonald’s has successfully managed to sell close to half of its 23 retail properties in the city at premium rates. The selling spree initiated in July of the previous year, in…
UK-based sportswear retailer Castore has recently announced its acquisition of the longstanding footwear brand Grenson Shoes. This strategic move is aimed at bolstering Castore’s financial stability and expanding its product portfolio. Embracing Heritage…
Konvy, a renowned Thai retailer specializing in beauty and healthcare products, recently received a $15 million investment from Japan’s Cool Japan Fund (CJF). This strategic partnership aims to stimulate demand for Japanese beauty and healthcare brands across…
Veronique Nichanian, renowned artistic director of men’s fashion at Hermes, is set to leave the brand after a remarkable 37-year tenure. Her departure, officially confirmed by Hermes, comes as part of an industry-wide shake-up, with numerous luxury fashion…
Step aside, Labubu. A new captivating character is capturing our affections, and it doesn’t hail from Pop Mart. The Butterbear, a charming mascot from Thai bakery Butterbear, is quickly gaining fame. So, it was only a matter of time before brands jumped on…
Luxury fashion house Dior has launched its revamped Galaxy Macau boutique, offering more exclusive shopping experiences. The store, located at one of the finest shopping locations, Galaxy Promenade, has two floors and offers a varied range of items such as…
Italian fashion group Prada’s sales and profits rebounded at the end of last year from a first-half slump due to the coronavirus pandemic, boosted by a strong performance in China and elsewhere in Asia, and the positive trend has carried on into 2021. Luxury…
Uniqlo Singapore is ditching its plastic shopping bags in favor of paper. The decision reflects a global move by the brand to become more environmentally friendly and reduce its reliance on single-use plastics. The new bags will retail at 10 cents each, with…
Thai Retailers Association members have stopped providing customers with plastic bags as a ban took effect on January 1. A campaign titled Every Day Say No to Plastic Bags run by Thai Retailer Association will stop its 75 member chains from giving away…
Luggage and handbag retailer Strandbags launched a new concept flagship store in Chadstone Shopping Centre over the weekend – the first step in a new bricks-and-mortar strategy which will see some stores triple in size over the next three to five years. With…
Japanese backpack and accessories brand Anello has opened its first Singapore store, at Jewel Changi. Targeting Singapore residents and visitors alike, the 625sqft store offers a wide selection of designs as well as exclusive and limited-edition collections…
Expansion into Asia has weighed on British luxury bag label Mulberry’s bottom line, but the company is confident the foray will bear fruit. Mulberry reported a pre-tax loss of £5 million in the year to March 30, a sharp contrast to a £6.9 million pre-tax…
Countdown will begin selling recyclable paper bags at checkout, as the government ban on the sale and distribution of single-use plastic bags takes effect on July 1st. The paper bags will cost 20 cents each, and be made of Forestry Stewardship Council (FSC)…
For the second year in a row, leather bag sales have declined and nylon and other fabric options are now driving significant growth for the US women’s bag market, according to retail tracking service The NPD Group. According to the group’s analysis, the same…
Crumpler expands its distribution network in Hong Kong and the Philippines; plans pop-ups. Australian bag manufacturer Crumpler has taken on two new distribution partners in Asia. With the introduction of new partners Bauhaus Holdings in Hong Kong and…
Shoppers at Lotte Mart in Ho Chi Minh City’s District 7 were recently surprised to see scallions, okra and other vegetables produce wrapped in banana leaves. A representative of the supermarket chain said that the company is experimenting with using leaves to…
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