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Thailand’s Central Retail, a notable force in the retail industry, is gearing up to increase its investments in Vietnam. The company has announced its intentions to initiate the launch of over 30 new large-format stores in the country within the upcoming…
In a bid to strengthen its foothold in India’s highly competitive e-commerce sector, Amazon recently announced that it will cease to charge sellers referral fees for products priced under 1,000 rupees, or US$10.98. This decision, revealed by the company on…
Hollister, an offspring of Abercrombie & Fitch Co., has broadened its physical retail footprint in Hong Kong with the launch of a new store at K11 Art Mall. Store Design and Offerings The store’s interior design is a reflection of Hollister’s American-vintage…
Renowned Canadian coffee company, Tim Hortons, is ramping up its efforts to establish a stronger operational presence in South Korea. The firm’s objective is to more than double its store tally to a total of 50 locations within this calendar year. This…
Pop Mart, renowned for producing the popular Labubu figures, is set to expand its presence in the United States. This decision has been well-received by the corporation’s shareholders. Pop Mart has unveiled an ambitious plan to inaugurate more than 20 new…
Hapas, a fashion accessories retailer based in Vietnam, is reportedly setting its sights on raising a minimum of $15 million in a forthcoming funding round. The objective of this fundraising effort is to bolster its omnichannel footprint and facilitate…
KK Group, a key player in retail, has unveiled its first independent KKV flagship store in Vietnam, signifying the company’s second international flagship venue as it continues its expansion in Southeast Asia. Store Location and Features The new outlet is…
Citi is amplifying its efforts to boost its foreign exchange business across Japan, North Asia, Australia, and South Asia with the addition of seven experienced professionals to its foreign exchange sales and trading teams since September. The strategic move…
The iconic British department store Harrods has decided to scale back its physical presence in China. Its most significant move in this direction is the impending closure of its upscale hospitality spaces in Shanghai. Closure of Premium Spaces The Shanghai…
HSBC, the UK-based banking institution, recently undertook a strategic shift in its Southeast Asian operations, assigning an experienced professional to spearhead its markets and securities services across ASEAN. Ruby Ho Takes the Reins Ruby Ho now holds the…
French cosmetics giant, L’Oréal, has announced its minority stake acquisition in Chinese skincare brand, Lan, signifying its second investment in China within recent months. This investment comes at a time when local brands in China are experiencing…
Leading French asset management company, Amundi, has recently enhanced its team of investment specialists in Asia, welcoming a new addition to their ranks. New Appointment Bolsters Team Amundi has announced the appointment of Chloe Shea to the position of…
Cargojet Inc. has expressed delight in the launching of a direct air cargo service bridging Canada and Europe, set to commence on November 1, 2025. The service will establish a connection between Liege Airport (LGG), an outstanding cargo gateway in Europe,…
AirAsia, signified by the flight code AK, has expanded its offerings, introducing two direct air routes from the Malaysian cities of Kuala Lumpur and Kuching to Pontianak, Indonesia. This development furthers its reputation as the airline with the most…
Mahindra-owned Pininfarina has announced the launch of its new website detailing out its complete product and service that are on offer. The Italian marque says that the new website will further aid to strengthen the company’s digital presence and showcase…
The growth of e-commerce may pose a serious threat to brick-and-mortar stores, but there is a silver lining for department stores here. A nationwide survey has found that department stores with both a physical and online presence can have a competitive edge…
