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retail asia

Every story tagged retail asia on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

Stories tagged retail asia

14 stories in this topic

alibaba
Sarah ChenE-Tailing

Alibaba to double investment in Vietnam

Alibaba.com, the global business-to-business e-commerce platform of Chinese tech giant Alibaba, will double its investment in emerging manufacturing centers in Vietnam and additionally hire hundreds of employees. In the next three years, Alibaba.com will…

korea retail
Sarah ChenGeneral

South Korean retail sales up after Covid-19

South Korean retail sales rose by 2 percent during May, largely due to increased online shopping, according to the new Ministry of Trade figures. The year-on-year increase was strongly influenced by purchases of food and sanitary items online due to the…

korea
Minjun ParkReal Estate

South Korean duty-free retailers closing downtown stores

South Korean duty-free retailers are temporarily shuttering metropolitan stores in response to a significant decline in tourist numbers caused by the coronavirus epidemic. Numerous outlets at prime tourist destination Jeju Island will be closed this month. A…

malaysia retail
Sarah ChenGeneral

Coronavirus lockdown to slash Malaysian retail sales

The six-week-long coronavirus lockdown is expected to slash Malaysian retail sales by 60.7 percent this month as non-essential stores are forced to close. Retail Group Malaysia, which calculates data on behalf of the Malaysia Retailers Association, estimates…

retail asia
Maria SantosGeneral

Hong Kong toy shop fined for deceptive conduct

An unidentified Hong Kong toy-shop owner has been convicted of misleading omission commercial practice. The owner was convicted of engaging in commercial practices involving misleading omission according to the Trade Description Ordinance (TDO) and sentenced…

malaysia retail
Rajiv MenonResearch

Asia will account for 45 per cent of global retail sales next year

The world’s retail market is expected to slow down next year, but Asia will account for 45 percent of global retail sales, according to a new report from economic and business research group The Economist Intelligence Unit. In terms of volume, sales growth…

lazada
Rajiv MenonE-Tailing

Lazada, Tiki locked in delivery speed race

Giants Lazada and Tiki are racing to reduce their delivery times as competition heats up in Vietnam’s e-commerce market. Singapore-based Lazada Friday launched a 4-hour delivery service for flowers in Vietnam, a move in response to Vietnamese startup Tiki’s…

Singapore City
Rajiv MenonReal Estate

Singapore retail store rents ease in second quarter

Central Singapore retail rents eased by 1.5 percent in the second quarter of this year, according to data from the Urban Redevelopment Authority. That followed a smaller quarter-on-quarter decline of 0.2 percent in the three months to March 31. At the end of…

burberry beauty
Aiko TanakaFashion

Burberry changes strategy to boost up sales

In a significant strategic u-turn the Burberry beauty business is to be out-sourced again. The UK fashion brand has announced a partnership with Coty to help boost the growth of Burberry beauty products from October. “We are delighted to partner with Coty, a…

2Shopping Malls China Beijing CapitaMall Wangjing CapitaMall Wangjing Beijing Facade
Maria SantosGeneral

London retailers revel in Chinese influx

Hong Kong retailers wondering where those cashed up, big spending Mainland Chinese tourists have been unzipping their wallets… here is your answer: London. According to the Retail Gazette, spending by Chinese Visa card holders rose 44.5 per cent in the UK in…

alibaba
Minjun ParkE-Tailing

Global Brands in talks with Alibaba, JD.com

Global Brands Group is discussing a possible “strategic alliance” with Chinese eCommerce companies Alibaba and JD.com. The two e-tailers are declining to comment on the matter, but based on comments by Global Brands CEO Bruce Rockowitz, Bloomberg reports the…

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