Duty-free sales set a record in February, in part due to holidays that fell during the month, according to data provided by the Korea Duty Free Shops Association.…
Samsung C&T’s fashion unit struggling in China
Samsung C&T’s fashion division suffered a 25.7 billion won (US$22 million) loss in China last year, following the closure of its SPA brand shop in Shanghai due to sluggish sales, the compan…
Malaysia eyes South Korea as next halal market
With the launch of its halal trade fair this year, Malaysian officials pointed to South Korea as a viable halal market for growth, citing a growing number of Muslim tourists interested in visiting the…
Japan February sales up
Retail sales in Japan were up a seasonally adjusted 0.2 percent on month in February, the Ministry of Economy, Trade and Industry said.…
Chinese will soon shop at home
Falling prices for luxury goods in China are leading to a shift in shopping culture.…
Incheon Airport now world’s 5th largest airport by number of passengers
Incheon International Airport has just become the fifth largest airport in the world in terms of number of passengers based on 2018 data, the airport’s operator said, citing a report from the Airports…
Entas Duty Free and SM Duty Free awarded Incheon Airport arrivals contracts
Entas Duty Free and SM Duty Free have been awarded the concessions to run the first arrivals stores at Incheon International Airport.…
Local artists to make Hong Kong a creative hub
The underground art scenes, including music, fashion, and art, are shaping Hong Kong’s new cultural identity.…
Shiseido teams up with Alibaba Group to launch new brand “AQUAIR”
The purpose of this Joint Business Plan is to strengthen its long-term partnership with Alibaba Group.…
Lazada launches RedMart on its mobile app
Lazada is now number one in Singapore in terms of traffic and product range. Several app updates are expected over the next few months to enhance customer experience.…