Hong Kong-based real estate giant, Sun Hung Kai Properties (SHKP), disclosed its financial results for the fiscal year, revealing a decline in earnings compared to the previous year.…
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Singapore shoppers want better personalisation, more transparency with AI while shopping
Concerns are increasing over the increased use of artificial intelligence (AI) when shopping, with the majority of Singaporeans saying that it is important to know if they are communicating with AI or…
Cartier makes Australian airport retail boutique debut with Valiram in Sydney
The new Cartier boutique completes the already extensive luxury brand precinct featuring a stellar brand line-up including Balenciaga, Bottega Veneta, Burberry, Bvlgari, Celine, Dior, Gentle Monster, …
Winning online in India’s dynamic chocolate confectionery market
Of the three major categories that make up confectionery, chocolate dominates online spend in India, accounting for 69 percent of all sales in Q2 (April, May, June) 2023. Despite some challenges in de…
Richemont bolsters new beauty and fragrance division
Compagnie Financière Richemont SA (Richemont) has reinforced its new beauty and fragrance division, Laboratoire de Haute Parfumerie et Beauté, fortifying its presence in the industry with the appointm…
Opinion: How Chinese retail design codes and ‘digital heritage’ are changing travel retail
Altavia Travel Retail managing director Hugo Vanderschaegh discusses the appetite among Chinese millennials and Gen Z for their rediscovered heritage and how this shapes travel retail’s strategies to …
From grape to glass: Asia’s spirited embrace of natural wine
Representing a global movement toward more considered alcohol consumption, natural wine has increasingly made its presence felt in Asia – not only in hipster retailers and inventive bistros, but acros…
Breaking into Asia: Why a top US steakhouse is debuting its first international outpost in Singapore
Cote has established itself as one of the finest steakhouses in the United States, earning one-star ratings in the Michelin Guide for both its New York and Miami locations. This year, the upscale rest…
Creating an iconic Japanese product: Asahi beer looks to reinvent itself with strategic new positioning
Through Asahi beer’s strategic repositioning, the Japanese beer company hopes to “become an enduring symbol of progressive Japan,” according to its managing director, Kinyi Choo.…
Through Sauvereign, Bertrand Mak wants to put a Hong Kong-born art and luxury house on the global stage
Retail in Asia spoke with Sauvereign founder Bertrand Mak on his journey as a designer and insights on collaboration and bespoke services. …