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EATING AT HOME WILL BE 'THE NEW REALITY' FOR ASIAN CONSUMERS AFTER COVID-19
*
STARBUCKS CHINA AND SEQUOIA CAPITAL LAUNCH TECHNOLOGY INVESTMENT PLAN *
PROFIT SOARS FOR SINGAPORE SUPERMARKET GROUP SHENG SIONG *
PARKSON LOSES CAMBODIAN COURT BATTLE WITH LANDLORD *
COVID-19 EXACERBATES APPAREL-SALES DECLINE IN JAPAN *
LOTTE PLANS TO DOUBLE E-COMMERCE SALES BY 2023 * Ecommerce
*
STARBUCKS CHINA AND SEQUOIA CAPITAL LAUNCH TECHNOLOGY INVESTMENT PLAN *
GOOGLE IN SINGAPORE LAUNCHES RESTAURANTS MENU-SHARING APP *
INSTAGRAM LAUNCHES ONLINE FOOD-ORDERING TOOLS *
CHINA RETAIL ‘BEHIND THE CURVE’ IN STORE INNOVATION SAYS 7FRESH HEAD
*
MICHAEL KORS LAUNCHES DESIGN-YOUR-OWN-BAG SERVICE MK MY WAY *
‘REVENGE SPENDING’ FUELS LUXURY GOODS REBOUND * Property
*
PARKSON LOSES CAMBODIAN COURT BATTLE WITH LANDLORD *
SUNWAY MALLS RETAILERS GRANTED FLEXIBLE OPERATING HOURS POST MCO *
INDIAN RETAILERS URGE LANDLORDS TO ADOPT REVENUE-SHARING RENT MODEL *
FRASERS PROPERTY DEPLOYS UV-DISINFECTING ROBOTS IN SINGAPORE MALL *
CENTRAL PATTANA RAMPS UP COVID-19 RESPONSE TO REASSURE SHOPPERS *
ONLINE RETAIL THE ‘SILVER LINING’ IN SINGAPORE RETAIL SPACE * Fashion
*
COVID-19 EXACERBATES APPAREL-SALES DECLINE IN JAPAN *
YUE YUEN PREDICTS $70 MILLION LOSS FOR MARCH QUARTER, CITES COVID-19 *
ESPRIT TO CLOSE ALL OF ITS ASIAN STORES BY JUNE 30 *
COVID-19 BLUNTS TREMENDOUS GROWTH OF FOOTWEAR BRAND SKECHERS *
BURBERRY MANAGEMENT TAKE PAY SHAVE AS LUXURY BRAND KEEPS STAFF ON PAYROLL
*
MICHAEL KORS LAUNCHES DESIGN-YOUR-OWN-BAG SERVICE MK MY WAY * Food
*
EATING AT HOME WILL BE 'THE NEW REALITY' FOR ASIAN CONSUMERS AFTER COVID-19
*
KFC TESTS PLANT-BASED CHICKEN MEALS IN CHINA *
INSTAGRAM LAUNCHES ONLINE FOOD-ORDERING TOOLS *
CHINA RETAIL ‘BEHIND THE CURVE’ IN STORE INNOVATION SAYS 7FRESH HEAD
*
RECORD DECLINE IN TAIWAN FOOD-SERVICE SALES *
CAFE DE CORAL WARNS OF 90-PER-CENT PROFIT PLUNGE * Department Stores
*
TWO ASIAN RETAILERS NAMED IN GLOBAL HOUSEWARES AWARDS *
‘REVENGE SPENDING’ FUELS LUXURY GOODS REBOUND *
TAKASHIMAYA TO OFFER FINANCIAL SERVICES IN JAPAN *
ISETAN TO QUIT THAILAND *
PHILIPPINE RETAILERS EXPERIENCING CORONAVIRUS-RELATED SALES SLUMP *
HOW ROBINSONS DEVELOPED AN APP TO BOOST LOYALTY AND ENGAGEMENT * Travel Retail
*
‘RESILIENT’ LVMH CAPS SALES DECLINE TO JUST 15 PER CENT DURING CORONAVIRUS
*
SUNIL TULI TAKES OVER PRESIDENCY OF APTRA *
LAGARDERE TRAVEL RETAIL REOPENS 88 STORES IN WUHAN AIRPORT *
CHANGI AIRPORT TO CONSOLIDATE TERMINAL OPERATIONS FROM MAY 1, FAST-TRACK T2 REBUILD *
SOUTH KOREAN DUTY-FREE STORES CUT HOURS AS TRAVEL-RETAIL DRIES UP *
OVER 320,000 JOBS IN ASIA-PACIFIC TRAVEL-RETAIL INDUSTRY UNDER THREAT * Technology
*
STARBUCKS CHINA AND SEQUOIA CAPITAL LAUNCH TECHNOLOGY INVESTMENT PLAN *
GOOGLE IN SINGAPORE LAUNCHES RESTAURANTS MENU-SHARING APP *
NOISELESS DIGITAL PRODUCT SALES SURGE AS CONSUMERS SEEK SILENCE *
DIGITAL TRANSFORMATION DRIVING DEMAND FOR ASIA’S IT VENDORS *
FACEBOOK INVESTS US$5.7 BILLION IN INDIA’S JIO PLATFORMS *
FOOD, GAMING AND BUSINESS APP DOWNLOADS SOAR DURING CRISIS * International
*
NOISELESS DIGITAL PRODUCT SALES SURGE AS CONSUMERS SEEK SILENCE *
FEW CONSUMERS PLAN TO SHOP AS SOON AS CORONAVIRUS LOCKDOWNS END *
IKEA CHINA STORES RECORD STRONG FOOTFALL AS LIFE EASES BACK TO NORMAL *
COVID-19 BLUNTS TREMENDOUS GROWTH OF FOOTWEAR BRAND SKECHERS *
BURBERRY MANAGEMENT TAKE PAY SHAVE AS LUXURY BRAND KEEPS STAFF ON PAYROLL
*
FACEBOOK INVESTS US$5.7 BILLION IN INDIA’S JIO PLATFORMS * Shop
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* Hong Kong
*
EATING AT HOME WILL BE 'THE NEW REALITY' FOR ASIAN CONSUMERS AFTER COVID-19
*
HONG KONG GOVT HANDS OUT HK$1.5 BILLION SUPPORT TO RETAILERS *
ESPRIT TO CLOSE ALL OF ITS ASIAN STORES BY JUNE 30 *
FEW CONSUMERS PLAN TO SHOP AS SOON AS CORONAVIRUS LOCKDOWNS END *
CAFE DE CORAL WARNS OF 90-PER-CENT PROFIT PLUNGE *
IKEA MACAU OPENS - WITH A TWO-WEEK WAIT TO GET INSIDE * Philippines
*
FOUR WAYS THE COVID-19 PANDEMIC WILL RESHAPE SHOPPING BEHAVIOUR IN ASIA
*
CAROUSELL SUPPORTS SMES, HAWKERS DURING COVID-19 CRISIS *
STUCK IN A LOCKDOWN, WHAT FILIPINOS ARE LOOKING FOR ONLINE *
DEAN & DELUCA US FILES FOR BANKRUPTCY *
METRO RETAIL STORES POSTS STRONG PROFIT GROWTH *
CROCS CONCEPT STORE OPENS IN MANILA * Singapore
*
PROFIT SOARS FOR SINGAPORE SUPERMARKET GROUP SHENG SIONG *
SINGAPORE PRESS HOLDINGS SELLS ITS BUZZ CONVENIENCE-STORE CHAIN *
GOOGLE IN SINGAPORE LAUNCHES RESTAURANTS MENU-SHARING APP *
ESPRIT TO CLOSE ALL OF ITS ASIAN STORES BY JUNE 30 *
FRASERS PROPERTY DEPLOYS UV-DISINFECTING ROBOTS IN SINGAPORE MALL *
FAIRPRICE LAUNCHES MOBILE SUPERMARKET IN SINGAPORE * Thailand
*
TWO ASIAN RETAILERS NAMED IN GLOBAL HOUSEWARES AWARDS *
CENTRAL PATTANA RAMPS UP COVID-19 RESPONSE TO REASSURE SHOPPERS *
FOUR WAYS THE COVID-19 PANDEMIC WILL RESHAPE SHOPPING BEHAVIOUR IN ASIA
*
ZALORA PURSUES SUSTAINABLE FASHION ECOSYSTEM IN SOUTHEAST ASIA *
ASIAN CONSUMER BEHAVIOUR MAY CHANGE FOREVER AFTER COVID-19 *
FAMILYMART THAILAND LAUNCHES VENDING CONCEPT STORE FAMILYMART CORNER * India
*
TWO ASIAN RETAILERS NAMED IN GLOBAL HOUSEWARES AWARDS *
INDIAN RETAILERS URGE LANDLORDS TO ADOPT REVENUE-SHARING RENT MODEL *
FACEBOOK INVESTS US$5.7 BILLION IN INDIA’S JIO PLATFORMS *
FOUR WAYS THE COVID-19 PANDEMIC WILL RESHAPE SHOPPING BEHAVIOUR IN ASIA
*
INDIAN FMCG COMPANIES HELP MODERNISE KIRANA STORES *
ASIAN CONSUMER BEHAVIOUR MAY CHANGE FOREVER AFTER COVID-19 * Indonesia
*
FOUR WAYS THE COVID-19 PANDEMIC WILL RESHAPE SHOPPING BEHAVIOUR IN ASIA
*
ZALORA PURSUES SUSTAINABLE FASHION ECOSYSTEM IN SOUTHEAST ASIA *
ASIAN CONSUMER BEHAVIOUR MAY CHANGE FOREVER AFTER COVID-19 *
INDONESIAN RETAIL SALES SLIP IN FEBRUARY *
POMELO CARES PROGRAMME LAUNCHED TO AID CORONAVIRUS FIGHT *
INDONESIAN RETAIL STARTS SHUTTING DOWN AS CORONAVIRUS CRISIS WORSENS * Japan
*
EATING AT HOME WILL BE 'THE NEW REALITY' FOR ASIAN CONSUMERS AFTER COVID-19
*
COVID-19 EXACERBATES APPAREL-SALES DECLINE IN JAPAN *
TWO ASIAN RETAILERS NAMED IN GLOBAL HOUSEWARES AWARDS *
MITSUKOSHI EYES FIRST QUARTERLY LOSS IN EIGHT YEARS *
TAN MUJIANG OPENS JAPANESE FLAGSHIP *
VESTIAIRE COLLECTIVE RAISES US$64 MILLION IN FRESH FUNDS * Macau
*
ESPRIT TO CLOSE ALL OF ITS ASIAN STORES BY JUNE 30 *
FEW CONSUMERS PLAN TO SHOP AS SOON AS CORONAVIRUS LOCKDOWNS END *
IKEA MACAU OPENS - WITH A TWO-WEEK WAIT TO GET INSIDE *
GIORDANO SALES DROP 34.6 PER CENT IN MARCH QUARTER *
LUK FOOK SALES PLUNGE 57 PER CENT AS COVID-19 THROTTLES TOURISM *
SA SA INTERNATIONAL SALES PLUNGE AS CORONAVIRUS BITES * Malaysia
*
EATING AT HOME WILL BE 'THE NEW REALITY' FOR ASIAN CONSUMERS AFTER COVID-19
*
PARKSON LOSES CAMBODIAN COURT BATTLE WITH LANDLORD *
ESPRIT TO CLOSE ALL OF ITS ASIAN STORES BY JUNE 30 *
SUNWAY MALLS RETAILERS GRANTED FLEXIBLE OPERATING HOURS POST MCO *
CATH KIDSTON TO CLOSE UK STORES, FOCUS ON ASIA, WHOLESALE AND ONLINE *
FOUR WAYS THE COVID-19 PANDEMIC WILL RESHAPE SHOPPING BEHAVIOUR IN ASIA
* Myanmar
*
AEON TO OPEN MALL IN MYANMAR BY 2023 *
ONLINE FOCUS PAYS OFF AS SABINA SALES SURGE *
CHINESE GIANTS DOMINATE ASIA’S ONLINE GROCERY MARKET *
BIG C REVEALS EXPANSION PLANS AT HOME AND ABROAD *
UNITED COLORS OF BENETTON TO EXPAND IN MYANMAR *
CAROUSELL MERGES WITH 701SEARCH TO FORM SE ASIAN CLASSIFIEDS GIANT * Cambodia
*
PARKSON LOSES CAMBODIAN COURT BATTLE WITH LANDLORD *
ONLINE FOCUS PAYS OFF AS SABINA SALES SURGE *
THE ONE MALL IN CAMBODIA SETS OPENING DATE *
PHNOM PENH MEGAMALL LAUNCH DELAYED *
% ARABICA EXPANDS IN INDONESIA *
BODY SHOP MALAYSIA PARENT SEEKS IPO * China
*
EATING AT HOME WILL BE 'THE NEW REALITY' FOR ASIAN CONSUMERS AFTER COVID-19
*
STARBUCKS CHINA AND SEQUOIA CAPITAL LAUNCH TECHNOLOGY INVESTMENT PLAN *
TWO ASIAN RETAILERS NAMED IN GLOBAL HOUSEWARES AWARDS *
KFC TESTS PLANT-BASED CHICKEN MEALS IN CHINA *
CHINA RETAIL ‘BEHIND THE CURVE’ IN STORE INNOVATION SAYS 7FRESH HEAD
*
YUE YUEN PREDICTS $70 MILLION LOSS FOR MARCH QUARTER, CITES COVID-19 * South Korea
*
EATING AT HOME WILL BE 'THE NEW REALITY' FOR ASIAN CONSUMERS AFTER COVID-19
*
NOISELESS DIGITAL PRODUCT SALES SURGE AS CONSUMERS SEEK SILENCE *
‘REVENGE SPENDING’ FUELS LUXURY GOODS REBOUND *
SEOUL DEPARTMENT STORE TO HOST ONLINE FASHION SHOW TO HELP SMALL BRANDS
*
BURGER CHAIN EGGSLUT TO LAUNCH IN SOUTH KOREA, SINGAPORE *
SERVICE ROBOTS PROVE POPULAR AT HEIGHT OF PANDEMIC * Vietnam
*
EATING AT HOME WILL BE 'THE NEW REALITY' FOR ASIAN CONSUMERS AFTER COVID-19
*
FOUR WAYS THE COVID-19 PANDEMIC WILL RESHAPE SHOPPING BEHAVIOUR IN ASIA
*
HOW COVID-19 IS IMPACTING FOOD-AND DRINK-MARKETS IN SOUTHEAST ASIA *
SHISEIDO AND SHOPEE PARTNER TO BOOST J-BEAUTY IN SOUTHEAST ASIA *
UNIQLO VIETNAM TO OPEN SECOND STORE IN HO CHI MINH CITY *
FAKE LUXURY GOODS SEIZED IN FAMOUS VIETNAM MARKETS Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Hong Kong retail sector. HONG KONG LATEST NEWS - INSIDE RETAIL ASIA EATING AT HOME WILL BE ‘THE NEW REALITY’ FOR ASIAN CONSUMERS AFTER COVID-19
Covid-19 has changed Asian customers’ habits, especially in Hong Kong, as more of them decide to eat at home, according to research from Nielsen.
HONG KONG GOVT HANDS OUT HK$1.5 BILLION SUPPORT TO RETAILERS More than US$193.5 million in subsidies have been approved so far for eligible retailers under the Hong Kong government’s Retail Sector Subsidy Scheme.
ESPRIT TO CLOSE ALL OF ITS ASIAN STORES BY JUNE 30 Crippled apparel group Esprit is to close all its stores in Asia, except those in Mainland China, by the end of June. FEW CONSUMERS PLAN TO SHOP AS SOON AS CORONAVIRUS LOCKDOWNS END Just one in five consumers is likely to head straight for the shops as soon as their respective coronavirus lockdowns end, according to data released by finance services firm Jefferies. CAFE DE CORAL WARNS OF 90-PER-CENT PROFIT PLUNGE Cafe de Coral group expects its full-year profit to plunge by up to 90 per cent for the March year as the Covid-19 crisis and last year’s protests dented customer traffic. IKEA MACAU OPENS – WITH A TWO-WEEK WAIT TO GET INSIDE Ikea Macau opened its doors yesterday, the first of the Swedish furniture homeware retailer’s stores in Asia which does not feature the brand’s traditional one-way ‘winding path’ format. FIFTH HONG KONG LEGO SHOP OPENS DESPITE ABSENCE OF MAINLAND TOURISTS Chinese toy retailer Kidsland International is opening its fifth Hong Kong Lego store, despite the economic downturn and the continuing coronavirus pandemic. CHINESE PRESTIGE TIME EXPERIENCE STORE OPENS IN HONG KONG Hong Kong’s first Chinese Prestige Time Experience store has launched in Yue Hwa, selling historic Chinese watch brands like Seagull, Shanghai and Peacock alongside popular modern brands. FOUR WAYS THE COVID-19 PANDEMIC WILL RESHAPE SHOPPING BEHAVIOUR IN ASIA
Shopping behaviour in Asia will be redefined by the Covid-19 crisis, according to new research from retail solutions provider Tofugear, Digital Consumer in Asia 2020. BROTZEIT CREATES A VIRTUAL EXPERIENCE TO PROMOTE NEW OUTLET DURING COVID-19 CRISIS
German-themed restaurant chain Brotzeit engaged a design firm to create a virtual walkthrough video of its new outlet to promote the venue during the coronavirus crisis. HYSAN DEVELOPMENT PLANS TO ‘REVITALISE RETAIL’ WITH O2O PLAN Hong Kong mall owner Hysan Development plans to use enhanced O2O capabilities to support the territory’s retail and catering industries during the ongoing coronavirus pandemic. VESTIAIRE COLLECTIVE RAISES US$64 MILLION IN FRESH FUNDS Vestiaire Collective has raised US$64.1 million in its new funding, with new investors Korelya Capital backed by Korean technology giant Naver.
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AUTHORS
*
TONG VAN
* Eating at home will be 'the new reality' for Asian consumers after Covid-19
* Two Asian retailers named in global housewares awards * KFC tests plant-based chicken meals in China *
ROBERT STOCKDILL
* Starbucks China and Sequoia Capital launch technology investment plan
* Profit soars for Singapore supermarket group Sheng Siong * Google in Singapore launches restaurants menu-sharing app *
MICHAEL ARNOLD
* Covid-19 exacerbates apparel-sales decline in Japan * Lotte plans to double e-commerce sales by 2023 * China retail ‘behind the curve’ in store innovation says 7Fresh head
*
TIFFANY LUNG
* One in four Hong Kong retail stores set to close this year * Mannings opens pharmacies for public hospital medication collection
* British beauty retailer Space NK closes China stores after two years
*
DEAN BLAKE
* Harvey Norman executives take pay cut as crisis worsens * Kikki.K appoints voluntary administrators amid 'perfect storm' * Emissions drop 30 per cent as Asos completes carbon strategy *
RHEA SOCO
* Metro Retail Stores posts strong profit growth * Crocs concept store opens in Manila * Starbucks Philippines shuts down all stores due to COVID-19 InsideRetail.asia is Asia’s leading authority on retail industry news and trends. Throughout the day we publish retail news, intelligence, and analysis, facilitating and informing the retail industry in Asia and beyond. Our sister site, Inside Retail.com.au has been a trusted source of retail industry news for more than 35 years.
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