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Leading bookstore chain Fahasa saw its first half profits surging 65% to VND15.4 billion (US$657,000). Revenues rose by 10.8% to VND1.77 trillion. It had an excellent second quarter with profits of VND11.05 billion on sales of VND1.13 trillion. For the full…
Amazon is closing most of its physical stores, the company announced today, with all 68 of its Amazon Books, Amazon 4-Star, and Amazon Pop Up locations across the US and the UK set to close while the company refocuses on its grocery and fashion stores. Amazon…
A Chinese-language bookstore from Wuhan opened its first overseas store today in Singapore. The Zall Bookstore, popular in the main city of China’s Hubei province, opened its doors to bookworms at the Wheelock Place mall on Orchard Road. The two-story space…
Eslite Spectrum Corp (誠品生活), which runs the Eslite bookstore chain in Taiwan and abroad, yesterday inked an agreement with Malaysia’s YTL Corp Bhd to open a branch in downtown Kuala Lumpur in 2022. The two sides signed the partnership via a teleconference to…
In downtown Ho Chi Minh City, Vietnam’s largest bookstore yet, Hai An, has opened its doors. Spanning five stories, the store features a contemporary design with an ocean-inspired concept including an art installation in an atrium. Lees ook: Phishing attacks…
Famed Japanese franchise Tsutaya Bookstore said at the ongoing Shanghai Book Fair that its first branch in the city is scheduled to open in December. The bookstore chain has joined hands with major Chinese property developer Vanke to build an artistic outlet…
Malaysian bookstore chain MPH is closing multiple stores as it moves to a digitally-driven omnichannel business model. The company is not closing down, despite much speculation on social media concerning the impending closure of multiple stores. A recent…
Taiwanese bookstore chain Eslite is preparing to launch in Kuala Lumpur. Although final details have yet to be released, the new 3300–6600sqm store will likely trade in downtown Kuala Lumpur. The opening, scheduled for next year and potentially delayed due to…
Singapore-based bookstore-chain Popular has fallen victim to the coronavirus pandemic and shuttered all 16 stores in Hong Kong, effective immediately. However, Popular’s other non-retail businesses in publishing and distribution will continue to operate…
Taiwan’s Eslite bookstore chain is set to launch its first outlet in Tokyo this week. The store opening marks Eslite Spectrum Corp’s 30th anniversary as well as the first time for the firm to start-up business in a territory where Chinese is not spoken. The…
new bookstore in Shanghai’s Minhang District has been featured on designboom.com for its remarkable design. The Zhongshuge Minhang store was created by Chinese architectural firm X+living and installed in a third-floor business park location. The store…
Design firm Wutopia Lab has designed a unique “books above clouds” store in Shanghai’s tallest building for Duoyun Books. The design for 2259sqm flagship located on level 52 of Shanghai Tower was commissioned by Shanghai Century Publishing to provide space…
China’s cultural and creative industries are entering a positive era, according to a new report by Mintel, Cultural And Creative Products Retailing. And cafes and bookstores in China are among the primary beneficiaries. The firm found that with China shifting…
Malaysia’s MPH Bookstore may exit Singapore, closing its last outlet by September. The chain announced its plan to close Raffles City and Parkway Parade outlets on July 28 and September 1 respectively. But the company signalled it is open to replacing the two…
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…
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…
