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Luckin Coffee’s value crashes after it admits falsifying sales data

Chinese chain Luckin Coffee has admitted senior executives exaggerated sales to boost the company’s worth and reputation.

Siam Piwat uses digital media to link shoppers and retailers during pandemic

Bangkok shopping mall operator Siam Piwat has launched new retail services to engage and support customers and retail tenants during social distancing.

Dean & Deluca US files for bankruptcy

Thailand’s Pace Corporation has finally filed for bankruptcy of its Dean & Deluca US business after all of its North American stores were shuttered last year.

Don Don Donki opens second outlet in Thailand despite Covid-19

TiAmidst the Covid-19 outbreak, Japanese discount-variety store Don Don Donki has continued ahead with the opening of its latest branch in Bangkok, Thailand as part of its international expansion.

Gordon Ramsay shuts three Hong Kong city restaurants

British celebrity chef and restaurateur Gordon Ramsey has quit Hong Kong, following the footsteps of compatriot Jamie Oliver last month.

Tao Heung shuts 48 restaurants for a fortnight in coronavirus fight

Chinese restaurant operator Tao Heung will shutter all 48 of its venues for more than a month following tightening restrictions on dining in Hong Kong.

Aori Ramen chain collapses, hit by coronavirus, scandal

Japanese ramen chain Aori Ramen has declared bankruptcy after suffering from coronavirus and the boycott on Japanese goods in South Korea.

Starbucks Korea expands social-distancing plan

Starbucks Korea will expand social-distancing measures across its branches nationwide from Thursday, after a successful trial at some stores.

Yum China reopens most stores, reports recovering footfall

Yum China says it is witnessing “early signs of recovery” in Mainland China as business gradually resumes and people return to work.

Starbucks Philippines shuts down all stores due to COVID-19

Following its temporary closure of stores in Luzon last week, Starbucks Philippines has now extended the shutdown to Visayas and Mindanao.

Starbucks Japan launches Smart Lounge railway station concept

Starbucks Japan has launched a new concept store in collaboration with railway operator JR East, the Starbucks Coffee Takanawa Gateway Station.

Yum! Brands buys The Habit Burger Grill chain

Yum! Brands has bought California-based The Habit Burger Grill, adding its first fast-casual burger chain to its portfolio which already includes KFC, Pizza Hut and Taco Bell