Topic
68 stories in this topic
Gome Retail has plunged US$64million into the red as its restructuring program takes its toll. The company took the unusual step of releasing third-quarter financial data, which shows group sales were down 11.2 per cent in the first nine months of the year,…
Foreign home interior brands and designers are present in force and dominating the increasingly affluent Vietnamese market. Brands like Cassina, Badari Lighting, Cantori, Diemme Cucine, Formitalia, and Versace Home have entered the high-end interior market in…
Rituals, the British body and home products brand, has expanded its travel retail presence in the Middle East and entered the Asian market for the first time. The brand has opened a shop-in-shop at the DFS store in Abu Dhabi International Airport and…
Mercury Home Textile has selected Manhattan Associates, to optimise order fulfilment across its international, multi-channel retail operation and to serve as a foundation for its transition to an omnichannel business model with Manhattan’s Warehouse…
Ikea India says it will launch its first store in Hyderabad in July. This follows the Swedish furniture maker opening a “Hej Home” experience centre in the city in November to familiarize locals with brand. Covering 400,000sqft in Hi-tech City, the debut…
After launching its online store, Google Singapore has introduced its smart speaker Google Home. It has taken the technology 16 months to reach SouthEast Asia, and alongside the Google Home Mini the speaker will be sold through retail stores such as…
In a special exhibition, the Hermes Singapore flagship store at Liat Towers has been transformed to spotlight the luxury French brand’s collection of home furnishings and bespoke creations. Described as a “gallery of whimsy and surprise”, the Through The…
Home Times, a furniture store supported by Alibaba Group technology, has opened for business in the Chinese city of Hangzhou. Attracting between 1,500 and 3,000 daily visitors since opening, the furniture store is another example of Alibaba’s New Retail…
Thailand’s first state-provided high speed fixed broadband services for rural areas are on track to launch by mid-2018, according to reports. The fiber-based service will be offered to 3,920 border villages across 62 provinces by this time, providing…
The global equipment market for in-building wireless system, including active distributed antenna systems (DAS), passive DAS, and repeaters, is expected to grow to $10 billion in 2025, according to ABI Research. Yet, out of this market, 5G in-building…
Home-based businesses will soon find it, not just increasingly difficult, but impossible to find a bank loan. The central bank has tightened lending criteria for household and other unregistered businesses, meaning they will not be eligible for bank loans.…
South Korea’s Samsung Electronics said Friday it’s considering building a factory to make household appliances in the United States as various industries brace for potential protectionist trade policies under the administration of President Donald Trump. A…
Opened in 2010, Dien May Xanh in late 2014 reported revenue of VND1 trillion a year. Since early 2015, Dien May Xanh has been gearing up with the application of digital technology to internal administration and sales management. In August 2015, Dien May Xanh…
Samsung Malaysia Electronics (SME) Sdn Bhd today established a partnership with online shopping mall Lazada Malaysia to offer its first portal-in-portal site in South-east Asia. Head of Consumer Electronics Business Jimmy Tan Chee Wee said the partnership…
Thailand’s retail market is expected to grow at a compound annual growth rate (CAGR) of more than 6 per cent from now until 2020. This was revealed in the latest market study by global technology research and advisory company Technavio. Its research report,…
Singapore’s M1 has launched a range of bundled fiber and business communications plans tailored for small and home offices. The company’s new SOHO Fibre Broadband plan includes a symmetrical 1Gbps fiber connection as well as business services including web…
