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VF Corporation to boost Greater China management ranks

Apparel, footwear and accessories firm VF Corporation is making a series of organisational changes it says will “strengthen and accelerate” its business strategy in Asia Pacific, with a particular focus on China.

Taco Bell to land in Malaysia soon

American food-food chain Taco Bell is set to launch in Malaysia at Tropicana Gardens Mall in Kota Damansara.

Asia-Pacific luxury-goods market tipped to shed US$2.1 billion this year

The Asia-Pacific luxury-goods market is projected to sink by US$2.1 billion this year as consumers switch from big-ticket items to affordable luxury.

Reduced rents, high-end products help Oriental Watch stay in profit

Listed Hong Kong timepiece retailer Oriental Watch Holdings has weathered the multiple crises of the last year to record a profit of US$12.9 million.

Jeweller Luk Fook sees early signs of recovery in Hong Kong retail

Hong Kong-listed jeweller Luk Fook has reported early signs of a recovery in the Hong Kong market this month, despite the border with China still closed.

Diesel unveils Hyperoom, a 360-degree selling platform and virtual showroom

Diesel has unveiled Hyperoom, a 360-degree selling platform and exhibition space, which resembles the Diesel’s physical showroom in Milan.

Lego Stem-themed pop-up store launched in Hong Kong

Hong Kong shopping destination Olympian City has partnered with global toy brand Lego to launch Lego Technic – a Stem-themed AI concept store.

Nike sales in China stay strong despite Covid-19 impact

Nike sales in China surged 11 per cent last year, marking the sixth consecutive year of double-digit growth in the market for the US sports brand.

Iconix Brand Group sells Starter China business

American brand management company Iconix Brand Group has sold the Starter China business for US$16 million to an unnamed local investor.

Country Garden builds world-first robotic restaurant

Chinese property-development company Country Garden has launched the world’s first robotic restaurant, in Guangdong.

Metro Holdings profit tumbles on store closure, Covid-19

Singapore department-store operator Metro Holdings has reported a drop in net profit of 82 per cent in the second half, citing Covid-19 and a store closure.

Huawei opens its largest flagship store, in Shanghai

The new Huawei Shanghai store, the Chinese smartphone and electronics brand’s largest yet, opened its doors this week.