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Inside Retail Asia

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Maxis store designers create ‘retail experience of the future’

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.

Merger may create giant Japanese drugstore chain

Retailer Cocokara Fine may be acquired by its larger rival Matsumotokiyoshi Holdings to create the largest Japanese drugstore chain.

Alibaba adds 20 million users; sales surge 42 per cent

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.

Ariana Grande perfume launched, named after her anthem

An Ariana Grande perfume has gone on sale, named after her hit song Thank U Next.

Shopee signs Cristiano Ronaldo

Southeast Asian/Taiwanese e-commerce platform Shopee has appointed global football icon Cristiano Ronaldo as its newest brand ambassador.

BreadTalk Group CEO quits, citing personal reasons

BreadTalk Group CEO Henry Chu has resigned, citing “personal and health reasons”.

Online jeweller WP Diamonds opens in Asia

Online jewelry platform WP Diamonds has launched in Asia with the opening of its first office in Hong Kong.

Growth rate slows for China retail sales in July

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 may buy Kaola from Netease

Alibaba and Chinese tech firm Netease are in talks on the internet giant’s potential acquisition of its cross-border e-commerce platform Kaola.

7-Eleven Japan suffers first sales decline in nearly a decade

Japanese convenience-store chain 7-Eleven has suffered its first year-on-year downturn in more than nine years.

Lee Garden Three boost Hysan revenue and profit

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.

Swarovski sorry for ‘misleading’ communication on Chinese sovereignty

Jewellery retailer Swarovski has issued a sweeping apology over implying that Hong Kong is not part of China.

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