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South Korean cosmetics stores that have been the drivers of the ‘K-Beauty’ industry for the past 15 years are facing a crisis, exposing their limitations. The cosmetics industry is undergoing a series of transformations due to decreased demand from China and…
A brand-new store opened last week in Tokyo’s Harajuku fashion district but it has a twist: shoppers are meant to walk away empty-handed. The GU Style Studio store, opened by Asia’s largest clothier and Uniqlo operator Fast Retailing Co., is for customers to…
Bangkok-based online-to-offline retailer Pomelo Fashion is to open its first physical store in Singapore. Pomelo Fashion, founded by former Lazada Thailand MD David Jou and which includes JD and Central Group on its shareholder register, sees the move as a…
Hong Kong’s retailers are facing an uphill battle to entice customers into their stores a week before Christmas in the final present buying rush, consumer analysts have said. The local retail market has been plagued by a dip in sales this year, attributed in…
Will offline stores disappear? When consumers began online shopping in 1994, most of them could hardly imagine that offline stores might disappear. Online shopping was a mere subsidiary to offline stores, selling only a few items then. However, the volume of…
Chinese smartphone vendor Xiaomi Corp unveiled a new smartphone with China Mobile Communications Corp on Thursday, as the company steps up efforts to expand offline retailing channels. China Mobile, the country’s largest telecom mobile carrier by subscribers,…
Online retail giant Amazon has decided on Oregon as the location of its third brick and mortar store. The new store will open at the Washington Square mall just outside Portland, in what US media describe as a “bookish metro area” – Tigard. The retailer…
Chinese smartphone vendor Xiaomi Corp has teamed up with the country’s second-largesttelecom carrier, China United Network Communications Group Co, to expand its offlineretailing channels. The move came as the country’s online smartphone sales has hit a…
Store-based retailing will continue to rule. The rise of e-commerce will be insufficient to dethrone brick-and-mortar shops in Singapore, according to a report by RHB Research. RHB noted that even if the popularity of online shopping continues to grow,…
Electrical goods, information technology and furniture retailer Courts Asia believes that while e-commerce has been gaining popularity, retailers should not neglect their brick-and-mortar operations. The Singapore-based company also sees technology and…
The eating habits of urban Chinese have changed dramatically since the proliferation of takeaway food delivery apps brought restaurant-quality meals to almost everyone’s front door. Engineer Zhao Baijun, 29, now eats in more often than he eats out. “Before…
