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US apparel company HanesBrands plans to double its Champion Asia store network within two years. The company has just announced a partnership with LF Corporation in South Korea which will see its store network there expand from around 10 now to more than 30…
South Korean big-box retailer E-mart will sell 13 store buildings and land to improve its financial situation. The firm will sell the properties to Mastern Investment Management for KRW952.48 billion (US$802.65 million) in the face of plummeting sales and…
Hong Kong-based digital accessories firm Tiitan Holdings plans to invest US$5 million to set up its first 50 branded outlets in India by March next year. The company announced its foray into India in collaboration with distribution firm Mak Mobility – which…
Beauty-products brand Crabtree & Evelyn halved its losses in the first half of the year as parent, Hong Kong-listed Nan Hai Corporation continued its transformation from offline to online. Since January, Crabtree & Evelyn has closed all of its 150 traditional…
Puma sales surged by 15.5 per cent on a currency-adjusted basis in the first half of this year, to €2.546 billion. The Asia-Pacific region led the way, with sales soaring 21.6 per cent in the second quarter, closely followed by the Americas, up by 19.7 per…
Alceon Group on Wednesday revealed plans to significantly expand the footprint of Lego stores in Australia. New stores are set to open in New South Wales, Victoria and Queensland over the coming months, with South Australia and Western Australia to follow in…
Uniqlo India is counting down to the launch of its first three stores in India. The Japanese fast-fashion retailer first announced plans to open in India in late 2017 and it has taken more than 18 months to secure necessary approvals, locations and prepare…
Hong Kong electronics producer Nexstgo is launching 50 stores in India. The brand entered the market last year selling Avita and Nexstgo-branded computers online and through retail stores in Delhi, Ambala, Chennai and Jaipur. It is currently targeting laptop…
Tesco Thailand is evaluating opening as many as 750 more convenience stores, which would expand its overall network by about 50 per cent. No timeline was revealed for the move, which is one of several strategic growth options being considered by the…
Abu Dhabi-headquartered Lulu Group’s retail arm Tablez is moving to invest US$75 million into the Indian market with the aim of opening more than 150 stores in the territory by the end of next year. The move, if successful, is expected by management to nearly…
China is experiencing a convenience-store boom. Nearly 12,000 new convenience stores were opened on the mainland last year, according to the China Urban Convenience Store Index, an increase of 18 percent. The index, released by the China Chain Store and…
German auto giant has inaugurated its first city and pop-up stores in India, in a bid to expand its presence and touchpoints in the country. The manufacturer opened its first City store at Richmond Road in Bengaluru, while the Pop-up store opened in Tumkur.…
Watsons is about to expand its loyalty program cross-border with 8 million members in 11 cities in the Greater Bay Area the first to benefit. “Watsons operates in many popular travel destinations worldwide, and our customers also tell us that they would like…
Three Southeast Asian countries are on Japanese department store operator’s radar. Takashimaya says it is evaluating opportunities to open department stores in the Philippines, Malaysia and Indonesia. However, in an interview, Takashimaya’s president Yoshio…
Harvey Norman Malaysia is planning to open nine stores by the end of next year, taking its network there to more than 50 by the end of 2023. The retailer has expanded into Sarawak with an outlet in Miri Times Square. The 40,000sqft store covers a range of…
Watches and accessories retailer Daniel Wellington has launched a new pop-up with Shinsegae Myeongdong in Seoul. The DW Moments of Love pop-up will run from May 1 to July 3, in line with the brand’s #DWMoments global campaign designed to encourage influencers…
