In a move to regain customer loyalty in China, American athletic wear giant, Nike, is taking control of its online product distribution. The company aims to drive consumers to official Nike channels and implement full-price sales as it faces increasing…
In the evolving retail environment, merchants are faced with an abundance of platforms and technologies to engage with customers. This, according to Mastercard’s SVP of consumer acquisition and engagement, Johann Suchon, has given rise to a new challenge:…
Saxo, a leading digital broker, has named Gift Muthita Anankaphannan as their new Regional Head of Institutional Business for Asia-Pacific, in a move to strengthen their foothold in a prime market. Anankaphannan will be based in Singapore, and her role will…
Domino’s Pizza China has made significant strides in expanding its presence across the country, with its total number of outlets now reaching 1550. This was achieved through the addition of 235 new stores during the first half of the year, a move that has led…
Sa Sa International, a leading cosmetics retailer listed in Hong Kong, concluded the previous fiscal year with a significant boost in sales and profits. The company’s annual profit, which ended on March 31, witnessed an impressive growth of 160.5% amounting…
In 2005, Muji, the Japanese lifestyle retailer, established its first store in Mainland China at one of Shanghai’s prime retail destinations, Nanjing West Road. Today, 20 years later, the company has adopted a subtler growth approach in China. Despite making…
Inditex, the multinational retailer that owns fashion brands like Zara, Bershka, and Stradivarius, has reported continued growth in its sales, a result attributed to its store-centric strategy. As the largest fashion retailer globally and headquartered in…
Miniso, the prominent variety retailer, is intensifying its global Intellectual Property (IP) efforts with the inauguration of the first-ever Miniso Gallery in Shanghai. The new gallery, located in the Bund City Hall Plaza, is primarily designed as a…
HSBC has recently publicized the appointment of Desmond Kuang to the position of Chief Investment Officer for Asia, in its Private Bank and Premier Wealth division. Kuang will officially take over his new role, based in Singapore, on July 6, 2026. Regional…
Kering’s flagship brand, Gucci, is focusing on rebuilding its market position in China following years of stagnation. The luxury company’s complacency resulted in an underwhelming retail experience and poorly situated stores, according to Kering CEO Luca de…
Ve/la, a coffee enterprise originally established in Bangkok, is poised to broaden its horizons with a new cafe at Changi Airport Terminal 1 in Singapore. This will be the brand’s inaugural airport location, as well as its third international market. Slated…
Standard Chartered, a leading UK-based financial institution, has recently announced the appointment of Karby Leggett as the regional head of digital assets. This move comes amidst the swift rise in the acceptance and adoption of digital currencies, tokenized…
Chow Tai Fook Jewellery Group has announced the appointment of David Tse to the newly created role of Global Creative Director. This strategic move is intended to bolster the company’s ongoing globalization efforts. Strengthening Position as a Leading Chinese…
Aldi, a renowned supermarket chain, is altering its business approach to better compete with industry rivals such as Woolworths and Coles. This modification in strategy arrives shortly after Costco, another competitor, surpassed Aldi’s profits despite having…
In the first quarter of fiscal 2026, Starbucks has announced a robust revenue of US$9.9 billion, pointing towards a general expansion in sales and steady growth of its worldwide store chain. Global Sales Progress Comparable store sales on a worldwide level…
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…