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Inside Retail Asia
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Superdry set to exit Mainland China
British clothing label Superdry is set to quit the Mainland China market after five years of mounting losses.
Link secures sustainability-linked loan from Hong Kong bank
Link Asset Management has secured a five-year sustainability-linked loan of HKD$1 billion from Hong Kong’s OCBC Bank, its first such loan in HKD.
‘Revenge spending’ fuels luxury goods rebound
Revenge spending has been credited with a significant upturn in sales of high-priced retail goods in South Korea, which has emerged from lockdown.
Singapore retail sales in February down 10 per cent
Singapore retail sales in February fell by 10.2 per cent, excluding motor vehicles.
Samsung and BTS enter global marketing collaboration
South Korean electronics giant Samsung and BTS the K-pop superbrand, have entered a global collaboration to market smartphones.
Nespresso launches farm-to-table sustainability initiative
Capsule coffee brand Nespresso is inviting business partners to join an exclusive farm-to-table culinary experience designed by Chef Vicky Cheng of Vea Restaurant and Lounge in Hong Kong.
Cost-saving shopping app Price Kaki to launched by Customers Association of Singapore
Case is to release an app called Price Kaki which rewards users for sharing pricing information to allow comparisons while shopping.
Sogo, Times Square affected by Sunday protests
Retailers stretching from Causeway Bay to Admiralty were adversely affected by protest action on Hong Kong Island yesterday.
JR East metro station stores to open in Singapore
East Japan Railway Co. is expanding its operations into Singapore with new JR East metro station stores launching in island’s metro stations.
Lazada activates official Olympic partner status in Southeast Asia
As an official Olympic partner in Southeast Asia, Lazada will help Olympic stakeholders further the reach of the Olympic Movement and connect with this region’s fans.
Shakey’s Pizza Asia Ventures snaps up two food chains
Shakey’s Pizza Asia Ventures has fully acquired local Philippines restaurant chain Peri-Peri Charcoal Chicken.
Cotton On Group launches in India
Cotton On Group is to launch in India, its first flagship store scheduled to open in the second half of next year.