Topic
174 stories in this topic
Japanese sportswear retailer Asics has posted a steep drop in revenues as a consequence of the coronavirus pandemic. The firm has seen a 21.5-per-cent dip in global sales to the equivalent of US$1.4 billion in this year’s second financial quarter, and…
British luxury menswear label Dunhill has opened a new store at Wynn Palace in Macau. The Dunhill Wynn Palace opening is part of the brand’s expansion strategy in Asia, according to the company. The store features a contemporary yet elegant design with modern…
Podcasts are a thing for several years now, but they only recently blow up. Spotify and other music streaming services are pushing out lots of features related to podcasts, including the option to see the actual podcasters, while listening to them. Spotify…
Macau’s casino malls have seen a welcome resurgence in foot traffic as locals bearing shopping vouchers return to store floors. While gamblers have yet to return to the casino venues, government e-voucher handouts to eligible residents of the territory have…
Taiwanese beauty brand O’right is to make its debut in Japan this week. O’right’s first store will open in Isetan Shinjuku on June 10, followed by a second store in Yurakucho Marui the next day. “It shows the brand’s confidence in Japan’s path to economic…
Retail sales in Hong Kong have plunged by more than one-third over the first four months of this year. Census and Statistics Department figures show a 36.1-per-cent decline, which follows an adjusted 42.1-per-cent fall in March. Those two months represent the…
Italian jewelry firm Bulgari has launched an e-commerce platform in Singapore prior to opening online services in its home territory. Korea will soon follow. The luxury brand is accelerating its digital program following the effect of the coronavirus pandemic…
YouTube is making changes to its Music app that will make it easier for users to explore some of its features. YouTube Music’s changed library design was first spotted early this month by AndroidPolice, but it was only available to a limited number of Android…
Estee Lauder has reported “strong double-digit sales growth” in nearly every Asia-Pacific market in the latest quarter. Globally, the company achieved sales of US4.62 billion in the three months to December 31, up by 15 percent year on year, but in Asia…
Japanese pharmacy chains Matsumotokiyoshi and Cocokara Fine are entering into a merger. Under the terms of the new agreement – if approved by the boards of both sides – shares in the two firms will be transferred to a new business entity, with the transaction…
Hong Kong-based firm The Fenix Group may sell its majority shareholding in high-end supermarket operator Hong Kong’s CitySuper Group. According to Bloomberg, if potential buyers show interest in the stake, it may be worth between US$300 and $400 million. Any…
AirAsia India has appointed Wunderman Thompson South Asia to manage creative duties following a pitch in 2019. The agency will be responsible for brand strategy and shaping the communications narrative in India, taking care of above-the-line and digital…
The first Muji Vietnam store is set to open within three months, a year after the Japanese household goods and apparel chain established an office in the country. As we reported last February, Muji Vietnam Ltd was registered and headquartered in Ho Chi Minh…
State power utility EVN will buy around 1.5 billion kWh of electricity a year from Laos for two years starting in 2021. Under contracts it signed on Saturday, Vietnam Electricity (EVN) will buy over 596 million kWh a year from two hydropower plants belonging…
Travel retailer The Shilla Duty-Free has launched a raft of new brands at its Changi Airport health-and-beauty concessions, marking its fifth anniversary in Singapore. The new brands are on display at a refreshed retail space at the Terminal 3 Departure…
The bank said that globally, Singapore has among the highest share of millionaires whose main source of income is their salary, and they prioritize self-enrichment over wealth accumulation. Based on its research that Singapore’s rich are not just focused on…
