Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Malaysian retail sector.

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Aldo expands into East Malaysia

Canadian fashion footwear retailer Aldo will open its first store in East Malaysia. The company has leased space in The Spring shopping mall where its store is under fitout in preparation for a January 30 opening. The Spring’s marketing and leasing director Andy Song said signing Aldo was part of a plan to bring more international brands to the mall. “We are always looking to bring in new and exciting brands into Kuching. Like the up and coming Canadian brand, Aldo, which has a worl…

CapitaMalls Malaysia posts steady trade

CapitaMalls Malaysia says its four-strong shopping centre portfolio performed well despite challenging conditions in the latest quarter. CMMT posted a net property income of RM54.6 million (US$15.06 million) in the three months to December 31. It said the steady performance was mainly due to contribution from East Coast Mall, which had completed a two-phase upgrade program. CapitaMalls Malaysia REIT Management, the manager of CapitaMalls Malaysia Trust, said it would make a distribution pe…

Giant plans new hypermarkets

Competition in Malaysia’s hypermarket sector is fierce, with three major players already battling for the consumer dollar. Local player Giant, founded by Malaysians in 1944, but now owned by Hong Kong-based Dairy Farm Holdings, is the largest player, but battling to preserve its share against rivals Aeon of Japan and UK’s Tesco, which have larger stores with broader product ranges including higher end products and a more customer-friendly shopping experience. Giant says it will open fo…

Prada opens new KL store

Italian luxury fashion brand Prada has opened its third store in Malaysia’s largest city, Kuala Lumpur. The new store is in The Gardens Mall, fast becoming a drawcard for luxury brands and adjacent to Mid Valley Megamall. The new space, designed by architect Roberto Baciocchi, covers a total area of 390 sqm on a single level and houses the women’s and men’s leather goods, accessories and footwear collections as well as the men’s ready-to-wear collection. The area dedicated to th…

Magnum makes Malaysian entrance

Unilever has opened its first experiential Magnum cafe in Malaysia. Located in the Mid Valley Megamall, the two-level store is the first of the 30 worldwide to feature two “infinity bars” where customers can create their own Magnums. While some earlier Magnum stores in Asia were pop-ups or temporary cafes, this one appears to have a permanent future. Unilever Holdings Malaysia marketing director Herry Budiazhari said at the store’s opening this week that more stores are planned fo…

Tesco mum on Asia

Tesco investors have been left none the wiser on the retail giant’s plans for its Asian operations after the much anticipated quarterly briefing Thursday. But the news was not great overall for the Asian business in the 19 weeks to January 3. In Asia, total sales declined by 1.5 per cent at constant rates, with like-for-like sales declining by 4.6 per cent. Tesco CEO Dave Lewis said in a statement that market conditions across the region “remain challenging”. “In Thailand, sa…

US burger chain to debut in Malaysia

US burger chain CaliBurger plans to make Malaysia it’s eighth overseas market when it opens its first restaurant in the first half of this year. CaliBurger is already successful in Asia after just three years. It earns about 70 per cent of its overseas revenue from Shanghai and Hong Kong alone and expects Malaysia to be a similarly strong market. CaliBurger global CEO Silas Adler said in a recent interview with The Edge newspaper it would use pop-up experiences and social media to build …

LuLu plans SE Asian money shops

LuLu Group, the Emirates-based retail group, is looking to open a network of money exchanges in southeast Asian countries. According to media reports in the Gulf, Lulu Group plans money exchanges in Thailand, Vietnam and the Philippines, where it opened a liaison office late last year. The company had already announced plans to open hypermarkets in Malaysia and Indonesia and now, according to reports, Hong Kong is on its radar also. LuLu Group had earlier scheduled its first Malaysian h…

Well-heeled dates… with Shoes Shoes Shoes

In a Malaysian shoe store, female shoppers are matched up with dates when they buy a pair of shoes.