Among streetwear’s stealthiest, buzziest and once most counterfeited brands, Supreme is entering the Chinese market through Dover Street Market’s new Beijing store. In WF Central, a luxury…
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Asia’s retail leaders prioritize automation and future-proofing
Retailers across Asia have faced unprecedented challenges in recent years. Most significantly, the pandemic has accelerated the growth of online retail sales by two to five times pre-Covid rate, forci…
Naver and Kakao launch their own live commerce service
With online shopping booming in Korea, IT companies are scrambling to launch their own live commerce services as they look for new ways to attract more customers.…
Telecommuting becomes new norm for Korean IT companies
South Korean IT companies are mulling to make remote working arrangements permanent after return to office work has been delayed by the new spike in coronavirus infections.…
Alipay Foundation and Alibaba AI Labs launch “A-Idol Initiative”
Alipay Foundation, Alibaba AI Labs and the China Women’s Development Foundation (CWDF) announced the “A-Idol Initiative” to bring jobs-related to the development of artificial intell…
Courts Asia announces Hiroshi Nojima as new Group CEO
COURTS Asia Limited, one of the leading electrical, IT and furniture retailers in the region, announced the appointment of Mr Hiroshi Nojima as CEO, effective from 1 July, 2019.…
Alibaba taps mom-and-pop retailers under new data management system
Alibaba Group is looking to strengthen its omni-channel presence – and help millions of mom-and-pop stores in China — by linking the unchained retailers to the firm’s data-backed retailer manage…
Global AR-VR market forecast to skyrocket over 4 years
The world’s augmented and virtual reality market is expected to expand exponentially over the next four years with their annual growth rate more than doubling, an industry tracker said Monday.…
Venture gears up to field test self-driving delivery robot
Tokyo-based venture ZMP Inc. may begin field testing a self-driving delivery robot in August intended as an alternative to aerial delivery drones as Japan grapples with a growing labor shortage.…
Xiaomi announce US$1 billion loan to help with overseas expansion
XIAOMI announced today they will obtain a loan of US$1 billion over three years to aid overseas expansion and the improvement of distribution channels.…