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Wednesday, October 1, 2014 - 06:00
Red Luxury
Pro-democracy protests paralyzing the center of Hong Kong will deal another blow to retailers already suffering as wealthy mainlanders pare their spending. Hong Kong’s economy relies on spending from rich Chinese to keep it ticking along. But a crackdown on corruption led by President Xi Jinping has led to a slowing in the kind of conspicuous consumption that led to sky-high sales of Gucci bags and Prada shoes in Hong Kong in recent years.  
2014-10-01 06:00
With a fast-growing working population and falling dependency ratio, Cambodia has the demographics most favorable to rapid economic growth.
As 84 percent of consumers in Asia-Pacific use their phones to browse and purchase from m-commerce...
2014-10-01 06:00
The supermarket chain Coles has been banned for three years from advertising that its bread was made or baked on the day it was sold. Coles was also ordered to display a federal court notice in its...
Starbucks Corporation will acquire the remaining 60.5 percent share of Starbucks Coffee Japan Ltd...
2014-10-01 06:00
In the months before Vogue China launched in 2005, there were many skeptics, people who said it would fail because China’s nascent luxury market was not ready for a world-class glossy magazine...
The Isetan Mitsukoshi group, the largest department store group in Japan with a network of 28...
2014-10-01 06:30
The John Lewis technology incubator scheme JLab has selected micro-location mobile start-up company Localz as the winner of its competition to secure GBP100,000 (USD162,422.83) of investment. To view...
Blended shakes made from fresh fruits are getting big among Manila's increasingly health conscious...
2014-10-01 06:30
The man who put Instagram on the social media map has landed a new side gig as a member of Wal-Mart Stores Inc.'s board. The retail giant announced on Monday that Kevin Systrom, who co-founded...
The Hong Kong Trade Development Council (HKTDC) recently announced the appointment of Deputy...

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