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Retail News Asia 06/03/2020 19:12
read the original version on: AirAsia has announced that it would waive flight change fees for any new bookings made between June 3 and October 31, 2020. In a statement today, it said the option is applicable for online bookings on for domestic flights within Malaysia, Indonesia, Thailand, the Philippines and India. “Guests may make an unlimited number of […]. .
Retail News Asia 06/03/2020 19:11
read the original version on: Gentle Monster has unveiled its new Hongdae flagship with a religious-inspired design theme it calls ‘Sacrifice’. “The new theme introduces the sacred story of the Earth God and the sacrificial rituals that are offered to him,” the company said. The first floor houses a grand gray statue holding a white sphere which is described as […]. .
Retail News Asia 06/03/2020 19:09
read the original version on: Alibaba and JD launched their annual 6.18 mid-year shopping festivals, which mark China’s largest online retail promotion since the outbreak of Covid-19. Within hours, JD heralded a 400-per-cent year-on-year increase in sales of luxury fashion goods, with sales of Ferragamo, Hugo Boss, Lancel and MiuMiu all up by more than 300 percent. Alibaba also reported […]. .
Retail News Asia 06/03/2020 19:08
read the original version on: Delivery platform Foodpanda in Singapore is to start delivering health and beauty products from Guardian stores. Guardian is the first major health-and-beauty retailer to be listed on Foodpanda’s Shops, offering more than 280 products and on-demand delivery service. “This collaboration with Guardian Singapore is timely as we are now able to deliver a greater variety […]. .
Retail News Asia 06/03/2020 19:06
read the original version on: A new CNBC report suggests that Amazon will be hosting a summer sale on June 22 that will last seven to ten days. The event, which is apparently being called the “Biggest Sale in the Sky,” is not a Prime Day substitute. The Prime Day will still reportedly take place, but at a later date, sometime in […]. .
Retail News Asia 06/03/2020 19:05
read the original version on: Hong Kong-headquartered Dairy Farm is to sell its Wellcome Taiwan grocery retail business to Carrefour, with settlement later this year after regulatory approvals have been granted. The deal – worth about €97 million – includes about 224 stores and warehouses, along with some property assets. Wellcome Taiwan’s turnover last year was approximately €390 million. The […]. .
Retail News Asia 06/03/2020 19:04
read the original version on: In response to growing client demand for a broader suite of Singapore-linked equities products, Singapore Exchange (SGX) will launch 10 Singapore Single Stock Futures (SSFs) on 15 June 2020. The list of underlying securities for the SSFs are Comfortdelgro, DBS, Genting, Keppel, OCBC, Singtel, Thai Beverage, UOB, Wilmar and Yangzijiang Shipbuilding, the bourse announced on Tuesday. Most […]. .
Retail News Asia 06/03/2020 19:02
read the original version on: The bank has become the first international bank in China to roll out Qualified Domestic Limited Partnership (QDLP) investments. HSBC is expanding overseas investment options for its Chinese high-net-worth (HNW) clients under a partnership with China International Fund Management – 51 percent-owned by J.P. Morgan Asset Management – to distribute asset management plans investing in QDLP, the bank announced on […]. .
Retail News Asia 06/03/2020 19:01
read the original version on: A giant Nike Thailand flagship store has opened in Bangkok’s Siam Center, with a footprint spanning more than 9000sqft. Designed to showcase Nike’s product innovation across multiple categories, the store also offers the brand’s first “Nike By You” in-store customization service in Thailand. Operated by Southeast Asian luxury and lifestyle retail specialist Valiram, the new […]. .
Retail News Asia 06/02/2020 19:16
read the original version on: Budget airline Cebu Pacific on Saturday said it would resume some domestic flights by June 2, but international flights would remain suspended from June 1 to 30. “We will continue to work with the Inter-Agency Task Force (IATF), as well as other national and local government authorities, on the rules and requirements to resume commercial […]. .
Retail News Asia 06/02/2020 19:13
read the original version on: BeChef has launched a shared kitchen in Kyoto, with plans to host 300 eateries across Japan within the next three years. The first BeChef + Kyoto-branded shared kitchen occupies a 50sqm area which features three separate kitchens. There is available space for up to six stores, which can work with different delivery services, including UberEats […]. .
Retail News Asia 06/02/2020 19:12
read the original version on: Singaporean bubble tea brand Teafolia has permanently ceased operations in the territory. A Facebook post announcing the closure cited the “current economic situation” as the reason for shuttering its outlets. The brand had traded in Singapore for the past three years. Teafolia temporarily closed two of its three outlets during Singapore’s circuit breaker period, a […]. .
Retail News Asia 06/02/2020 19:11
read the original version on: He succeeds Zafrul Tengku Abdul Aziz, who resigned as group CEO of CIMB Group Holdings and CEO of CIMB Bank in March to join the Malaysian cabinet as finance minister. CIMB Group, Malaysia’s second-largest financial services provider by assets, has appointed Abdul Rahman Ahmad as group chief executive officer/executive director for CIMB and CEO/executive director of CIMB Bank, effective […]. .
Retail News Asia 06/02/2020 19:10
read the original version on: When it comes to smart speakers, Amazon dominates the US market with its Alexa-powered Echo devices. According to a report published early this year by eMarketer, nearly 70% of US smart speaker users will own an Echo in 2020, down from 73% last year. The more reason for Amazon to continue to improve Alexa, its personal […]. .
Retail News Asia 06/02/2020 19:09
read the original version on: JK Tyre & Industries Ltd. today announced the commencement of operations in the United States. JK Tyre has set up a new entity – Western Tires INC – based at Houston, Texas, thereby, embarking upon an aggressive plan to take the Global business to the next level. The company, headquartered in India, has been exporting […]. .
Retail News Asia 06/02/2020 19:08
read the original version on: If you own an Android smartphone, you’ll be getting a handful of nifty features in the coming months. However, if you own a Pixel phone, you’ll be getting most of these new features starting this week. Along with the new features coming to Pixel phones today, Google announced a few of its Android apps will be updated with meaningful […]. .

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