Inside Retail Asia
Australian retail design firm Public Design Group and retail consultancy Fitch have collaborated to create a “retail experience of the future” for Malaysian telco Maxis.
Retailer Cocokara Fine may be acquired by its larger rival Matsumotokiyoshi Holdings to create the largest Japanese drugstore chain.
Alibaba Group boosted second-quarter revenues by 42 per cent, as the number of active users on its e-commerce sites grew by 20 million.
An Ariana Grande perfume has gone on sale, named after her hit song Thank U Next.
Southeast Asian/Taiwanese e-commerce platform Shopee has appointed global football icon Cristiano Ronaldo as its newest brand ambassador.
BreadTalk Group CEO Henry Chu has resigned, citing “personal and health reasons”.
Online jewelry platform WP Diamonds has launched in Asia with the opening of its first office in Hong Kong.
Chinese retail sales in July rose at a slower rate than in June, although the decline was largely attributed to falling sales of new motor vehicles.
Alibaba and Chinese tech firm Netease are in talks on the internet giant’s potential acquisition of its cross-border e-commerce platform Kaola.
Japanese convenience-store chain 7-Eleven has suffered its first year-on-year downturn in more than nine years.
Mall owner Hysan Development has boosted turnover by 9.1 per cent to HK$2.086 billion on the back of its newest development, Lee Garden Three contributing its first full accounting period.
Jewellery retailer Swarovski has issued a sweeping apology over implying that Hong Kong is not part of China.