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Friday, December 19, 2014 - 06:30
Business Standard
US-based watchmaker Fossil will invest up to INR40 crore (INR400 million, USD6.3m) to open 25 retail outlets in India by 2017 as it aims to reposition itself from a watch brand to a fashion lifestyle brand. The company, known for its range of watches, will sell non-watch products such as leather bags for women and men, wallets, eye-wear and jewellery through its retail outlets in the country. "We want to re-position Fossil from a watch brand to a fashion lifestyle brand. We will focus on developing non-watch categories. We will sell these products only through our retail stores. We plan...
2014-12-18 14:06
Brands are finding themselves at risk from millennial consumers in Thailand with lower brand loyalty. Being single or having no children generally means lower consumption and prompts easy brand...
Online fashion retailer ZALORA and major e-commerce players in Hong Kong and Southeast Asia are...
2014-12-18 11:14
China's e-commerce giant JD.com Inc on Wednesday signed a framework agreement with Intel Corp to set up a joint innovation laboratory to explore "real sense" shopping online. According to...
Siam Piwat Co. Ltd., the owner of Siam Paragon, Siam Center and Siam Discovery, recently launched...
2014-12-17 06:00
Matahari Department Store, the department store retail unit of Lippo Group, opened its 129th store in Lippo Mall Kuta in Bali, as part of its strategy to tap the growing tourist market in the island...
The Philippines’ number one fast food and one of Asia’s largest restaurant chains is...
2014-12-17 06:00
Thailand's e-commerce market is forecast to top 1 trillion baht in 2016, driven by the rise of smart devices, the entry of foreign vendors and the government's commitment to the digital economy, says...
The term "big data" is now past the buzzword stage. Instead, the pressure to find...
2014-12-12 06:00
Online retailer eBay Inc is mulling over a plan to cut thousands of jobs early next year, as it readies to spin off its PayPal unit, the Wall Street Journal reported, citing people familiar with the...
December can be an unusual month for businesses. Many departments’ focus has shifted to the...

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