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Make-up brand Lancome, along with other stores owned by French cosmetics giant L’Oreal, closed in Hong Kong yesterday in the face of protests over the cancelling of a Lancome-sponsored concert featuring a pro-democracy singer. As well as Lancome’s booth at…
An aggressive Central Watson expansion plan just unveiled will see more than one new store a week opened in Thailand from now to 2020. The Hong Kong retail giant’s Thai joint venture with Central Group says it has allocated 1 billion baht (US$28 million) to…
SM Retail sales grew across all operations – which consist of both SM Markets and The SM Store. Total sales grew 8 per cent to P48.8 billion (US$1.0 billion) in the first quarter, while net income rose 16 per cent to P1.5 billion. SM’s food retail business…
Korean cosmetic shops that sell various brands under one roof have steadily expanded their presence across the country, giving sophisticated customers more options, according to industry sources. AmorePacific, South Korea’s No. 1 cosmetic company, operates…
Watsons has kicked off an initiative for selling and delivering cosmetics and groceries as takeaway via Baidu Waimai (takeaway in Chinese). Expanding online to boost sales The initiative has been launched in Beijing, Shanghai and Guangzhou and will be…
Singapore-based shopping mall investment company CapitaLand Retail China Trust (CRCT) grew its income last year by 10.3 per cent to S$89.2 million ($63 million) from S$80.9 million. With China’s economy growing 6.9 per cent last year, the company’s retail…
SM Center Sangandaan has opened its doors – owner SM Prime’s 55th mall in the Philippines. It is SM Prime’s first mall in the populous City of Caloocan, one of the 16 cities within Metro Manila. The new mall provides an additional 38,622 sqm in gross floor…
In the world of mobile commerce, all eyes are on China. Even as China’s economy and overall retail sales growth drops, business-to-consumer (B2C) online sales are growing by 25 per cent each year. Data gathered from iResearch in a March 2015 report states…
Central Watson, operator of the Watsons Thailand community, says it can open 50 extra shops by the top of this yr. The enlargement will take its community to 381, growing its dominance over rival Boots which on final rely had simply 230 shops. MD Rod Routley…
