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Canadian sportswear label, Lululemon, has announced plans to open its first shop in India during the forthcoming fall season. The inaugural store is slated to be located in DLF Promenade. This move falls under the company’s franchise agreement with Tata CLiQ,…
Germany’s renowned skincare brand, Babor, recently launched its first flagship store in mainland China, specifically in Shanghai, as part of its bid to augment its foothold in one of the world’s major beauty markets. An Experiential Retail Concept Situated in…
The Hongkong and Shanghai Banking Corporation Limited, a subsidiary of HSBC, has been granted a license to issue stablecoins by the Hong Kong Monetary Authority (HKMA), marking a significant foray into the regulated digital asset space. The bank intends to…
Home improvement retail is a sector known for its cyclical nature and susceptibility to shifts in consumer confidence. This is evident in Thailand’s DIY market, Southeast Asia’s largest, which is currently grappling with low consumer confidence, escalating…
United Overseas Bank (UOB), based in Singapore, is poised to become the inaugural foreign banking institution to establish its headquarters at the International Financial Center (IFC) in Ho Chi Minh City. This information surfaced during a meeting between…
Taseco Air Service JSC, owner of restaurants, duty-free shops, and advertising contractor at several airports across Vietnam, has posted a VND31.8 billion ($1.4 million) loss in Q1. This is the fourth consecutive quarter that the firm has reported a loss as…
A decade ago most of the country’s coffee exports were semi-processed beans. The TNI King Coffee Factory that recently opened in Vietnam’s southern province of Binh Duong is the latest player to join the race to ship more finished coffee products from the…
