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325 stories in this topic
Centara Hotels & Resorts, Thailand’s leading hotel operator, releases first details of its debut hotel in Cha-Am – Centra by Centara Cha Am Beach Resort Hua Hin. Opening on 24 July 2020, one week before schedule, the 190-key beachfront resort is poised to…
Japanese department store Odakyu has partnered with Taeltech marketplace to launch service in China. Through the Taeltech ecosystem, Odakyu Department Store will trial a selection of products including Japanese accessories, apparel and cosmetics, in the first…
The HBO Now app waves goodbye to 2nd- and 3rd-gen Apple TVs. The company has removed the app from the devices above after extending the deadline for two additional weeks. Initially, the deadline was set for the end of April, but after complaints from users,…
Home furnishings giant Ikea has joined an alliance of key industry and political groups in calling for a renewed commitment to long-term climate change initiatives despite the immediate urgency of the coronavirus pandemic. The European Green Recovery Alliance…
There are an estimated 100,00 vacant condominiums in and around Thailand’s capital as a plunge in Chinese demand hits the property sector. Foreign buyers accounted for one-fifth of the Bangkok’s real estate purchases two years ago, according to estimate from…
Inter Ikea group chief executive Torbjörn Lööf announced on Tuesday he would step down from leading the furniture business after seven years at the helm and more than 30 years with the business. Head of Ikea franchising Jon Abrahamsson Ring was named as…
Vietnam’s largest pharmacy retailer Pharmacity has raised VND730 billion (US$31.8 million) in a fresh funding round as it ramps up its expansion plans. According to a statement, the new funding will be used for further store network expansion. However, the…
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…
Swedish furniture and homewares chain Ikea has closed all of its mainland Chinese stores in the wake of the coronavirus outbreak. The decision, announced Thursday, came just hours after the company said it would shutter half its 30-strong network in the…
A seven-level Ikea eco-store is being built in Vienna – with no car parks, targeting pedestrians, cyclists and public transport users. The new venue features a bookcase-style design with green facades and a green roof terrace with plenty of strolling space.…
Wearable technology has come a long way from the original clunky smartwatch, with innovation has taken a giant leap forward in the last five years. And health and wellness have become a key driver of this trend, says GlobalData. Clothes containing technology…
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…
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…
Hong Kong lifestyle store ColourLiving has launched a pop-up zone, Wellness Living, featuring a selection of home-enhancing concepts. Occupying 20,000sqft and spanning three levels, Wellness Living is the theme of the curated pop-up, which features three…
Ikea India is preparing to launch 20–25 more locations, it emerged during a delegation of Swedish royals and businesspeople to the territory that began on Sunday. The firm currently has a store in Hyderabad, and is one of more than 200 Swedish companies…
Ikea says it plans to open in Macau in the first quarter of next year. Located in Taipa, the Ikea Macau store will occupy an area of 90,000sqft, offering a wide range of home furnishing products. The new store will feature several showrooms, an Ikea cafe, and…
