Lululemon Athletica Inc, the yoga apparel and equipment store based in Vancouver, is looking to grow. Despite inventory and supply chain problems earlier this year, the brand hopes to revitalize its image and is looking overseas for further growth, according to Reuters. The natural next step for the trendy niche brand would be expansion into
Far EasTone Telecommunications Co., Taiwan's third-largest mobile provider, on Wednesday unveiled a mobile commerce platform powered by technology from Seattle-based Sirqul Inc.
Online shoppers in four Asian countries - Taiwan, Indonesia, Thailand and Malaysia - are not too happy with their purchases.
A survey conducted by Tokyo-based Rakuten Inc. showed that a high 78 percent of the 2,000 respondents had regrets about their purchase in the past 12 months.
In an interview with Retail in Asia and RetailTech, Shin Hasegawa, Rakuten's Vice Chief Marketing Officer, affirmed that it is an alarming rate considering that e-commerce is booming across the region and more retailers are rolling out their e-commerce strategies.
Fast Retailing Co. Ltd. is set to launch J Brand's first retail store in Japan on 9 October.
Located at the on the fourth floor women's section of the prestigious Osaka Hankyu Umeda Main Store in Osaka, the store would be approximately 20 square meters and will offer a wide range of the brand's stylish and sophisticated apparel, with a focus on denim.
Loyal fans have helped make Shintaro Tsuji, the 85-year-old founder of Tokyo-based Sanrio, a billionaire. Since introducing Hello Kitty in 1974, Tsuji has captured the hearts and wallets of girls, women and celebrities such as Lady Gaga by licensing the character, which appears as stuffed toys, as well as on airplanes, golf bags and even vibrators.
Tata Starbucks today added two new outlets in the northern suburbs of the city thus taking its tally of stores to 22. Seattle-based Starbucks entered the domestic market last October piggy-riding the Tatas and currently operates 22 stores across Mumbai, Delhi NCR and Pune.
Baiyoke Group, a pioneer in wholesale fashion centres in Thailand, on Monday opened its third mall in Bangkok's Pratunam area and is targeting both local and foreign retail customers.
The company spent THB500 million (USD15.6m) to develop a two-rai plot near the Baiyoke Tower.
Called B-gallery, the five-storey building has saleable space of 10,000 square metres and more than 300 shops selling both imported and local fashion products. All shops are fully booked by tenants.
Italian luxury goods company Bulgari is learnt to have made a formal proposal to the Centre for setting up single-brand stores in India. This would be the group’s second entry into the Indian market. In April 2011, it had exited India, after terminating a seven-year partnership with Lifestyle Tradelinks India, a sister concern of Mumbai-based Dia Group. At that time, it had a couple of stores in Delhi and Mumbai.
GU, a Uniqlo sister brand offering fun and fashionable apparel at great value prices, will open its first overseas store in Shanghai on 30 September.
The GU Uniqlo Shanghai Store will be located inside the UNIQLO global flagship store on Huaihai Zhong Lu, a premier shopping street in the city.
Vietnam imported 62,000 television sets last month, a 35 percent year-on-year rise and the highest number for any month this year, according to the Ministry of Industry and Trade.
GfK Research Company reported that TV imports saw the strongest growth in the electronics sector, adding that it was due to the launch of a clutch of LCD, LED, and 3D models by big brands like Sony, Samsung, LG, Toshiba, and Sharp with new features, economical operation, and attractive designs.