HK Times Square hits record HKD7.4b sales
Retail sales at Times Square shopping mall, Hong Kong surged more than 20 percent to a record HKD7.4 billion (USD949, 000) last year.
"The new record was set because of strong local consumer…
Apple adds Taiwan suppliers for iPhone 5, says paper
Apple has added Foxconn Electronics, Foxlink, Gold Circuit Electronics (GCE) and Epistar as component suppliers for the iPhone 5 smartphone, scheduled for launch during summer at the earliest, accordi…
Philippines defies coffee-growing tradition, imports 30K tonnes
It is perplexing that the Philippines, despite its rich coffee tradition and history, doesn’t grow enough of the bean and has to import to meet the local demand.
Filipinos consume over 60,000 me…
Rate hike may impact growth of India Inc.
India Inc. yesterday expressed fears that the Reserve Bank of India increasing key policy rates would adversely impact industrial growth, which had slipped to 2.7 percent in November.
Federation of In…
M&S textile supplier suffers as cotton and cashmere prices double
Scottish textile firm Dawson International, which supplies Marks & Spencer with bed linen and other home furnishings, has been hit by sharp increases in cotton and cashmere prices.
Cotton prices h…
China Southern doubles Nepal flights
China Southern Airlines has doubled its flights to and from Kathmandu, Nepal from three to six to meet increased demand.
The flights are between Guangzhou International Airport and Tribhuvan Inte…
HK’s Burnt Oringe launches new ad campaign
Hong Kong’s Burnt Oringe, supplier of luxurious bed linens in Hong Kong and abroad, announced the launch of a new advertising campaign on Monday. By teaming up with model Sabrina Sikora, t…
Hackers force suspension of Lush online sales
Beauty specialist Lush has suspended online sales after hackers broke into its UK site, jeopardising customers’ financial data.
The retailer said on its website that "24-hour security monit…
Fast Retailing 1Q operating profit drops 18.4pc
Fashion multiple Fast Retailing Japan has announced that first-quarter operating profit dropped 18.4 percent after a boom in 2009.
To view the full article (note: you must be a Retail Week subscr…
South Africa eyes India maize deals
South Africa expects to seal a deal with buyers in Saudi Arabia and India for about 100,000 tonnes of its surplus maize before the end of February, a senior government official said on Monday.
Langa …