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Inside Retail Asia

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Mr DIY to postpone IPO – reports

Malaysian home improvement brand Mr DIY may postpone its planned IPO following the effect of political uncertainty on the domestic market.

FairPrice extends plastic-bag charge programme

Singapore grocery retailer NTUC FairPrice seeks to continue reduce the use of plastic bags by extending plastic bag charge at its 25 outlets for a year starting November 11.

Delivery ‘very important’ finds Deliveroo Restaurant Satisfaction Index

Deliveroo has launched a restaurant satisfaction index, finding that restaurants in Hong Kong are facing a challenging business environment but see delivery as an increasingly important part of their business.

FairPrice Housebrand gets image refresh

Superunion has partnered with NTUC FairPrice on the co-operative’s latest rebranding exercise to refresh the FairPrice Housebrand range.

Le Saunda turns a profit but faces inventory challenge

Shoe retailer Le Saunda is planning to boost its on-sale activity as it battles to continue to reduce its inventory in the wake of falling sales.

Sincere Company’s losses grow as Chinese-visitor numbers drop

Hong Kong department-store operator The Sincere Company’s half-year loss increased by HK$10 million in the latest half year.

Alibaba launches 2019 11.11 Global Shopping Festival

Alibaba Group has launched its 2019 11.11 Global Shopping Festival, taking the annual event into its second decade.

Fjällräven launches in Singapore with Outside

Swedish outdoor apparel brand Fjällräven has launched in Singapore and Malaysia.

Ecco reopens at The Shoppes At Marina Bay Sands

Ecco has returned after two-month refurbishment of its The Shoppes At Marina Bay Sands store, unveiling the debut of Ecco Prime concept store in Singapore.

Hong Kong street-front rents are down more than 50 per cent from their peak

Hong Kong street-front rents have plunged by 54 per cent from their peak in the first quarter of 2013, according to data from real-estate advisor Savills.

Club Factory wins US$100 million in startup funding

Club Factory, the Chinese cross-border e-commerce platform, has raised US$100 million in a fresh round of financing.

Hong Kong retailers warned to report Bitcoin blackmail threats

Police in Hong Kong have warned retailers to be aware of a Bitcoin blackmail operation linked to the ongoing protest activity.