Inside Retail Asia
Starbucks China management has been restructured as the company gears up for a more intense focus on its digital business.
European kitchen retailer Ixina has opened stores in both Beijing and Shanghai, marking the brand’s official launch in China.
Southeast Asian mobile payment and reward platform Fave has acquired CutQ and FoodTime, two startups specialising in F&B table ordering and takeaway pre-ordering.
Vietnam retail-management company Seedcom’s revenue has grown by 520 per cent in just four years, driven by its focus on New Retail.
Canon India has launched a flagship Canon Image Square (CIS) store in New Delhi.
China’s largest toy retailer and distributor Kidsland has introduced FAO Schwarz in its first Asian flagship store.
Berli Jucker, the operator of Thailand’s Big C retail stores, has reported revenue of US$979 million in the first quarter.
Singaporean asset management firm ARA has entered into a joint venture to buy Atrium mall in Chinese provincial capital Chengdu.
Indian online fresh fish and meat retailer FreshToHome has raised US$11 million in funds led by Hong Kong-based CE Ventures.
H&M India is seeking to enter the country’s home decor and furnishings market.
Malaysian childrenswear retailer Poney has opened a flagship store in the new Central iCity shopping centre.
Singapore’s first peer-to-peer, on-demand rental marketplace MyRent has launched.