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Asia Music Investments (AMI) has bought a music-book business and expanded its operations and distribution partnerships with major publishers. The company has taken over the music-book distribution business from Gramercy Music, which occupied 2700sqft of…
The Popular bookstore at Thomson Plaza has closed after 31 years. The outlet, which has traded since 1988, has been closed due to what the owners describe as “lease issues”. Popular invited its customers to share their memories of the Thomson Plaza store in a…
Booktopia has pulled out of plans to raise $10 million from customers and everyday Australians after struggling to reach its minimum goal for investment. The business announced last year that it was looking to raise at least $3 million and up to $10 million…
One of the major Google Assistant features aimed at children, the ability to tell them stories, made its way to Google Home smart speakers about two years ago. Starting this weekend, the so-called Tell Me a Story feature, which is available in English, will…
India’s Bharti Airtel has expanded its OTT portfolio with the launch of a new app store for e-books. The Airtel Books app currently offers over 70,000 e-books from Indian and international authors, including some of the latest launch titles. The app will…
Eslite Taipei, the world’s first 24-hour bookstore, is scheduled to shut down next year. The popular Taiwanese bookstore chain will discontinue its flagship location in Dunnan, upon the expiry of its lease next year after 19 years of trading. The firm’s…
SoftBank Ventures announced Tuesday it invested 4.5 billion won ($4 million) in Trevari, a Korean book club operator. Fast Investment, another venture capitalist firm, invested an additional 500 million won in Trevari’s first publicly-announced funding round.…
International news and convenience retailer WHSmith has opened two new stores at Mactan-Cebu International Airport. The new branches under local franchise partner Regent Distributor Philippines join three existing stores at Mactan-Cebu and Manila Ninoy Aquino…
In the age of digitalization, shopping malls have evolved from a place for consumption to the “Third Space” in people’s everyday lives. Shopping malls provide a comfortable and relaxing environment with humanitarian touches by truly connecting with customers.…
Priceline owner Australian Pharmaceutical Industries’ half-year net profit has fallen by 14.4 per cent to $24.9 million on lacklustre retail sales from its retail pharmacy network. Underlying net profit after tax, excluding $1.8 million of restructuring and…
National Bookstore plans to double its store network to 500 while strengthening its online presence. A revamped website will soon enable shoppers to browse and buy from the store’s online catalog and pick up the merchandise in physical stores, says MD Xandra…
From spelling out New Year’s resolutions to jotting down designer brainwaves, sometimes only a pen and paper will do, even in the digital era. And those are the kind of niches that have enabled Italian notebook manufacturer Moleskine to leverage its…
The chain’s remaining outlets at Festival Walk in Kowloon Tong and Harbour City in Tsim Sha Tsui were closed for business with notices on the doors stating that stocktaking was under way. Another notice read that KPMG’s top restructuring officials Edward…
There was much ado in literary circles about British book retailer Foyles’ 2011 decision to fend off the digital media onslaught by investing in an “experience” bookstore. As in an actual, bricks and mortar shop. “You can sit at home and buy a book, and have…
Hong Kong’s largest English- language bookseller, Dymocks, is to end its 15-year local presence in an industry battered by high rents and shifting reading habits. To view the full article (note: you must be an scmp.com subscriber), visit scmp.com. (From seven…
