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Filipino fast-food chain Jollibee plans to expand its store network in North America to 250 by 2023. Its parent company Jollibee Foods Corporation (JFC) said it is committing to further expand the brand in North America, having identified the region as a key…
There is no real surprise from Gap’s third-quarter figures released last week: sales are poor, profit is weak – although marginally better than forecast – and the outlook remains gloomy. Given the relative lack of effort from management on resolving the…
South Korean coffee chain Ediya Coffee has opened its 3000th store. The new Daejeon outlet is a significant milestone for the local franchise, matched only by competing for cafe and bakery Paris Baguette. Ediya has opened 300 locations each year for the past…
Niantic has revealed the Pokemon GO Halloween event, which will begin on October 17 and run through November 1. During the event, Pokemon GO players will receive a handful of bonuses, avatar items and a chance to catch rare Pokemon. So, starting October 17,…
Global cosmetics firm Natura has launched its business in Malaysia with a pop-up store in Sunway Pyramid, Petaling Jaya. The pop-up store will serve to introduce the brand and its products to consumers via a series of interactive experiences, including a…
Sales at Ikea stores in Southeast Asia exceeded SG$1 billion (US$723 million) for the first time this year, reflecting healthy growth for a big-box retail business. Christian Rojkjaer, MD of Ikea Southeast Asia, says more than 98 million customers passed…
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…
Japanese baker Hattendo is planning to ramp up its store rollout in Asia, with particular focus on Greater China and Southeast Asia. The company – known for its cream-filled buns – already has stores in Hong Kong, Singapore, and Australia. Its next stop is…
Ikea China has started construction of its first store in Yunnan. The southwestern Chinese province will see its first Ikea outlet in its capital city of Kunming, scheduled to open at the end of next year. The firm is investing more than RMB1 billion (US$141…
The bank has announced three senior appointments to support the growth of its insurance business, as it ramps up its manufacturing and distribution activities in Singapore. HSBC is boosting management oversight on key units of its insurance business in…
Air Asia unveiled its new livery design for their Airbus A320 in Bangkok last week, to promote the message of “Sustainable ASEAN Tourism”. The launch coincided with the ASEAN Day celebrations on August 8, marking the 52nd anniversary of the original…
The bank is on a recruitment spree in Hong Kong and Singapore as it hopes to increase its private banking assets by 50 percent to $100 million in the next three to five years. The U.K.-based bank will be hiring 30 to 40 private bankers per year in Hong Kong…
An Ariana Grande perfume has gone on sale, named after her hit song Thank U Next. The fragrance, released in partnership with Luxe Brands, will launch exclusively on Ulta.com on August 18 before going on shelf in Ulta Beauty retail stores US-wide and at…
After a long period of testing, Spotify for Podcasters is finally out of beta. Described as a discovery and analytics dashboard, Spotify for Podcasters allows content creators to track many things like average listening times, episode streams, and total…
South Korean health-and-beauty stores have suspended sales of products from Japanese beauty firm DHC Corp, after the company made offensive remarks about Koreans. The products are being withdrawn from shelves of retailers in yet another chapter of a growing…
With Apple working hard to come up with more health-related features for its products, drugmaker Eli Lilly announced last week that certain Apple products can help spot people with dementia. Early results from a test showed that devices including the iPhone,…
