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Mobile World crossing borders
As well as electronics and mobile phones, Vietnam’s Mobile World will sell groceries in its new outlets in Cambodia, Laos and Myanmar.
Korea’s Hotping fashion mall goes global
Korean women’s clothing mall Hotping entered the global market just six months ago – and already cross-border sales account for 10 per cent of its turnover.
Courts opens second Indonesia megastore
Courts Indonesia has opened its second megastore – inside BSD City, about 42 km west of Jakarta.
Asda set to cull jobs
Walmart’s UK subsidiary Asda – Great Britain’s third largest supermarket chain – plans to shed hundreds of jobs as its adjusts to a loss of market share.
Berrybenka beefing up eCommerce
With demand from Brunei, Hong Kong and Malaysia, Indonesian fashion brand Berrybenka is beefing up its eCommerce offering.
Dramatic impact from new lease accounting standard
Retailers in Asia Pacific are bracing for the impact of a globally imposed new lease accounting standard for assets such as real estate and equipment.
SP Commerce shrinks world
Brands and retailers should find it easier to move goods across China and the Asia Pacific with the formation of a new global logistics company, SP Commerce. It is the result of Singapore Post integrating its eCommerce division, SingPost eCommerce, with the US company it recently acquired, Trade Global Holdings, and the Jagged Peak company. The integration helps Singapore Post expand its eCommerce logistics footprint in the US and provide access to markets in China and the rest of the Asia…
Pressure grows on International Housewares
Pressure on profits, but record sales for Hong Kong-based International Housewares.
Pavilion REIT Malaysia scores second mall in 2016
Pavilion Real Estate Investment Trust’s manager Pavilion REIT Management has agreed to buy the da:men USJ shopping mall.
H&M Hong Kong plans new flagship
H&M Hong Kong is launching a new-build full-concept flagship store in Gala Place, Mongkok.
100th store for Toys R Us China
Toy and baby products retailer Toys R Us China has opened its 100th store.
Hong Kong McDonald’s Next delivers world first
Forty years after the franchise entered Hong Kong, the new McDonald’s Next concept offers a taste of the future.
