Dolce & Gabbana profits have virtually quadrupled from a year ago. A year ago the Italian luxury fashion house’s profit was €17.93 million (US$21.5 million), while this year the two owners of the group cashed in dividends of €80 million, reports…
Danish plus-size brand Carmakoma has been amalgamated into the Only fashion brand, paving the way for further international expansion. Carmakoma was founded nine years ago and had recently expanded into other European countries, says co-founder and former…
Collection of the controversial royalty fees will resume after a three-month break following a public backlash.Vietnam’s music copyright watchdog has announced that it will resume charging hotels across the country royalty fees for playing music on TV. The…
Queues marked the official launch for H&M Vietnam, with more than 4000 customers on its first day in Vincom Center Dong Khoi, Ho Chi Minh City. It announced the opening a month ago on its Facebook page. The first 1000 customers at the Swedish fast-fashion…
Myer will stock Amazon Kindle products in its store and online, after the retailers today announced a new partnership. Amazon’s heavily-speculatedventure into Australia, alongside a host of other international brands now entering the market, have been posed…
OCBC Bank has launched a mobile keyboard that allows customers to make peer-to-peer payments without having to exit their current mobile applications. The OCBC Keyboard can be used within any mobile app or browser – for instance, within Facebook, Whatsapp,…
Japan’s NTT Communications has launched international data network services in India as part of a push to expand its presence in the market. The services are being provided through NTT Com’s Indian affiliate NTT Communications India Network Services…
With PasGo, you can make online restaurant reservations and enjoy a wide range of discounts for free. Restaurant reservation application PasGo was launched in Vietnam in 2014 to present a complete tech solution for both diners and restaurants. When you have…
Several Burger King shops in HCMC and Da Nang have closed, while Lotteria has also shut down ineffective shops. Other giants have not closed many of their shops, but they are cautious developing their chains. McDonald’s, when setting foot in Vietnam, stated…
China is one of the world’s largest e-commerce economies, but that doesn’t mean people are only opting to consume in the comfort of their homes. In fact, a study by consultancy Bain and Company and Kantar Worldpanel found that the growth rate of FMCG…
Juniper Networks has launched a new Cloud-Grade Networking portfolio to help operators and enterprises more rapidly build and deploy cloud networks. Cloud-Grade Networking introduces a new set of principles for the way applications and services are designed…
At the carrier’s annual shareholder meeting on Tuesday, it was said that the 191 million shares with a par value of VND10,000 (44 US cents) per share could be sold in the fourth quarter or at any other time that the management board decides. Current…
The award is another big step for Sun Group on its path toward turning Vietnam’s Phu Quoc Island into a luxury global travel destination. The 2017 World Travel Awards Asia & Australasia has named JW Marriott Phu Quoc Emerald Bay in southern Vietnam Asia’s…
Thai AirAsia (TAA) is breaking into Bangkok Airways’ long-held monopoly on Bangkok-Maldives air services, knocking down the high fare barrier in the process. TAA, Thailand’s largest low-cost carrier, is to launch a daily non-stop service on Aug 11 with an…
Cashmaster, one of the leading companies in the global cash-management sector, is demonstrating the transformational cost and time savings that retailers can enjoy when using its latest range of cash-counting scales, Cashmaster One, at Retail Asia Expo (RAE).…
The world-renowned brand is following in the footsteps of Zara and Topshop. Swedish fashion giant Hennes & Mauritz (H&M) has announced plans to open its first store in Vietnam at the Vincom Dong Khoi commercial complex in Ho Chi Minh City’s District 1. The…