SmarTone Mobile Communications Limited has announced its plans to permanently halt its 3G mobile services come October 9, 2026. The move is part of the company’s proactive transition to more sophisticated mobile technologies. Shifting to Advanced Technologies…
After operating as a licensee for 36 years, Yum China is poised to acquire full ownership of Pizza Hut in Mainland China. This substantial move was guided by the company’s impressive second-quarter earnings report, which revealed a 13% year-on-year increase…
Swiss outdoor brand Mammut is poised for an international growth surge following its acquisition by Chinese investment firm CPE from Jacobs Capital. The transaction will make CPE the majority stakeholder in the distinguished 164-year-old outdoor brand. The…
SK Telecom, a prominent South Korean telecommunications company, has recently announced the formation of a new subsidiary, SK Hyper. This initiative aims to advance the company’s artificial intelligence data center (AIDC) division, and expedite South Korea’s…
Yum China, the company behind KFC and Pizza Hut, has expressed its plans to further expand its footprint after a profitable second quarter. The robust financial performances from both KFC and Pizza Hut were significant factors in the company’s growth. Strong…
New Zealand’s publicly traded skincare company, Me Today, is adjusting its earnings forecast upwards, spurred by promising growth and robust global prospects. Boosting Revenue and Slowing EBITDA Decline In advance of the company’s forthcoming disclosure of…
UBS has outperformed second-quarter earnings predictions as it approaches the final stages of integrating Credit Suisse. As the bulk of the merger process concludes, the global leader in wealth management is progressively refocusing on expansion. In the…
PapaHome, powered by Taobao, continues its growth in the Hong Kong market by moving its primary store to a bigger location at Fashion Walk, Causeway Bay. The grand opening is slated for October. Expansion and Rebranding The upgraded flagship store will occupy…
Uniqlo, a renowned clothing brand, is set to significantly extend its footprint in India. The company’s ambitious expansion plan aims to increase its store network in the country by five times, amounting to over 100 stores within the next five years.…
Uniqlo, a highly recognized retail brand, is set to embark on a substantial expansion plan in India. The company’s strategy involves a fivefold increase in its store network, boosting the number from 20 to over 100 within the next five years. The company’s…
Costco, the multi-national corporation recognized for its warehouse club model, has embarked on an exciting new venture in China. Costco has launched an online flagship store on JD, one of China’s largest online retailers, thereby marking a significant point…
Renowned sports apparel and goods company, Salomon, has announced the appointment of Vincent Du as the new senior Vice President and General Manager for their Greater China division. Du’s appointment is seen as a strategic move, considering his extensive…
Banu, a premier hotpot brand originating from Mainland China, has broadened its horizons by launching its very first establishment in Hong Kong. Established in 2001, Banu has seen rapid expansion, operating over 200 outlets across Mainland China. The brand’s…
Luxury fashion retailer Moncler has reported a strong momentum in sales growth, driven predominantly by its expanding presence in Asia. Strong Performance Across Moncler and Stone Island Brands The first half of their financial year saw a significant rise in…
Luckin Coffee, the largest cafe chain in China, has bolstered its presence in Malaysia by establishing three new outlets in the city of Johor Bahru last July. The first two branches were launched at Sutera Mall and Austin Heights early in the month, followed…
Seafolly, the renowned Australian swimwear brand, has officially entered the Chinese market, marking another significant milestone in its ongoing global expansion. This move trails closely behind the brand’s recent launches in the United States and the United…
Background from the Retail Academy
Evergreen guides that explain the mechanics behind this topic.
Four-wall margin, occupancy cost ratio, payback period and contribution per square metre — the small set of numbers that decides whether a store network can…
The four ways brands enter Asian retail markets, what each one costs in control and capital, and the questions that decide which is right for a given country.
Ship-from-store, click and collect, marketplace fulfilment and live commerce — what each model demands from inventory accuracy, staffing and systems, and whe…