Tiger Beer has opened its second Tiger Street Den concept store, at Dubai International Airport. The first store outside of Singapore, it is located within the Asian Street Kitchen, which offers a variety of Asian-inspired food and drink options. Tiger Street Den will bring the flavours of Singapore from its […]
Li Ning has issued a positive-profit alert after a preliminary review of its half-year results. The alert bodes well for the company which has emerged from a troubling era after its founder, Li Ning himself, reasserted control of the business as interim CEO. Last year, the company’s first-half profit soared […]
Singapore’s sovereign wealth fund GIC is partnering with Indian property developer DLF, to construct India’s largest shopping mall. Down Town will be a mixed-use development of more than 2.5 million sqft, featuring retail and commercial space. It will be built on a 23-acre parcel of land owned by DLF in […]
Electric motors are supposed to be the successor to the internal combustion engine and manufacturers are making the transition towards the electric mobility on both two and four wheels. BMW Motorrad, largely known for its evocative motorcycles is also working on an electric future for itself and is offering a glimpse […]
“Highly detailed and accurate traffic information is an absolute necessity in the modern retail environment and the solution provided by ShopperTrak has allowed Kathmandu to leverage this data with great success.” ShopperTrak gives retailers and shopping centres the data they need to optimise labour, store and marketing performance. By leveraging […]
After years of struggle in the face of a decline in Chinese tourists and increased competition, South Korean duty-free operators are in search of a more stable and sustainable business portfolio — to reduce their reliance on Chinese visitors and generate decent profits. The country’s duty-free business has raked in […]
Online and New Retail concepts in China are driving FMCG growth according to a report by Bain & Company and Kantar Worldpanel. As reported The Chinese FMCG market remained robust last year despite talk of economic slowdown. According to the latest China Shopper Report produced by the two companies, e-commerce channel growth in […]
Two Mitre 10 stores were told to pay their employees a living wage in a decision by the Employment Relations Authority (ERA). Called a landmark case, the decision was the first collective agreement in New Zealand that was determined by the ERA with a living wage being imposed on the […]
Artificial intelligence has been a buzzword in the retail industry for some time now. But rather than just talk about it, retailers are now at a stage where they are putting words into action and starting on their first AI projects. Over the last year, an increasing number of retailers […]
Singaporean pawnbroker Maxi-Cash has opened its first Australian LuxeStyle boutique. Located in downtown Melbourne, the flagship boutique offers a variety of pre-loved luxury timepieces, designer leather bags and branded jewellery, including gold, diamonds, precious stones and pearls. Shoppers can expect to find luxury items that are handpicked under the “strictest […]
Chinese discount merchandise chain Miniso is reportedly planning an IPO raising as much as US$1 billion to continue its rapid expansion. A Miniso IPO was first mooted by the company in January last year but there has been no further activity until now. Citing “people with knowledge of the matter,” Bloomberg has […]
Microsoft has just announced it’s making OneDrive more secure with the addition of Personal Vault, a protected area that can only be accessed by the owner of the account, which features a strong authentication method or a second step of identity verification. The new OneDrive Personal Vault is only accessible through the […]
Luxury label Il Bisonte has come a long way from a family-owned retailer to a landmark flagship store in Harbour City which opened this month. Il Bisonte may not be the first Italian brand that comes to mind, but this artisanal leather label has been in existence for more than […]