Press Releases -> Retailing & Consumer Syndicate content

Nov 11, 2019

HANGZHOU, China--(BUSINESS WIRE)--Alibaba Group Holding Limited (NYSE: BABA) announced that it generated RMB268.4 billion (US$38.4 billion) of gross merchandise volume (GMV) on November 11, 2019, an increase of 26% compared to 2018.

“Today we showed the world what the future of consumption looks like for...

Nov 06, 2019

Ho Chi Minh City & Tokyo, Nov 6, 2019 - (ACN Newswire) - Viet Capital Commercial Joint Stock Bank (Viet Capital Bank), a major commercial bank in Vietnam, and JCB International Co. Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., today announced the launch of the Viet Capital Bank JCB...

Nov 05, 2019

E-commerce spending in Southeast Asia will increase nearly fourfold to $120.9 billion by 2025 from $31.3 billion in 2018, a recent study by consultancy Bain and Company found. Indonesia, Thailand and Vietnam are expected to be the biggest contributors to the growth of consumer digital spending in in the region over...

Nov 04, 2019

A leading Korean fashion and beauty retailer, BUGUN FNC's IMVELY and VELY VELY sales reached 2.9 billion won (US$2.49 million) with more than 35,000 transactions in a one-day online event to mark the sixth anniversary of the launch. This result shows the brands enjoy high popularity among customers.

SEOUL,...

Oct 30, 2019

RIVERWOODS, Ill. & HONG KONG--(BUSINESS WIRE)--AsiaPay, the leading e-Payment service and technology player in Asia, and Discover Global Network, the payments brand of Discover, announced today that AsiaPay will now offer its merchants the ability to accept Discover, Diners Club International and affiliate...

Oct 30, 2019

MANHATTAN BEACH, Calif.--(BUSINESS WIRE)--Global footwear powerhouse brand Skechers has landed at one of the most exciting destinations in China—opening a Skechers flagship retail store in the Disneytown shopping district at the Shanghai Disney Resort. The new Skechers Kids Brand Experience store, which opened on...

Oct 17, 2019

SEOUL --( ASIA TODAY )-- Emolize Co., Ltd ("Emolize"), a Korean cross-border mobile payment platform, announced its expansion in global payment services through its mobile application named "Payvil" to Hong Kong and Thailand in September 2019, with further expansion reaching about 16 countries by the end of 2019....

Oct 16, 2019

(Hong Kong, 14 October 2019) --( ASIA TODAY )-- Luk Fook Holdings (International) Limited (“Lukfook” / the “Group”) (Stock Code: 00590) is pleased to announce that the Group has been named one of the “Best Participating Companies in Online Learning Program” and the Group’s employee Mr. Wong Chit was also honoured...

Sep 16, 2019

PENANG, 16th September 2019 --( ASIA TODAY )-- Prominent Asian Direct Selling Company, QNET’s global convention, V-Malaysia opened here on Friday for the second time this year with over 10,000 participants from around the globe

Marking the 21st Anniversary of QNET, the direct selling subsidiary of the QI...

Sep 12, 2019

NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE: TPR), a global house of modern luxury accessories and lifestyle brands, today announces a strategic partnership with Alibaba’s Tmall, China’s largest B2C ecommerce platform. This alliance marks a step forward in Tapestry’s ChinaNext digital innovation agenda.

Sep 10, 2019

Australian brands targeting Chinese consumers can now market and sell their products directly on a dedicated sales platform, eliminating agents and maintaining better control of branding and distribution in the world's biggest market

Sep 07, 2019

7 September 2019 – The 38th edition of the HKTDC Hong Kong Watch & Clock Fair and the seventh edition of the Salon de TE concluded their five-day run (3-7 September) today at the Hong Kong Convention and Exhibition Centre (HKCEC). Jointly organised by the Hong Kong Trade Development Council (HKTDC), the Hong...

Sep 03, 2019

In 1998, legendary Chinese entrepreneur Liu Quingdong founded the company that he has become synonymous with. This company, known as JD.com, experienced tremendous growth over its evolution as a company. What began as a store in the traditional brick and mortar style has evolved into the leading e-commerce retailer...

Aug 21, 2019

Bangkok, Thailand - N-Squared eCommerce (NSQ), the leading online distributor and turnkey e-commerce solutions provider in Thailand, distributor of more than 60 leading domestic and international brands, leapfrogged ahead with the skyrocketing sales of the overall portfolio.

Aug 12, 2019

Although Taiwan has a thriving night market culture, vegetarian choices are somewhat scarce. But now there is a new, traveling night market consisting of over a dozen food trucks exclusively serving up vegetarian fare, attracting throngs of people wherever it goes. What makes this dedicated vegetarian night market...

Aug 05, 2019

BEIJING--(BUSINESS WIRE)--Pintec Technology Holdings Ltd. (“Pintec”; NASDAQ: PT), a leading independent fintech solutions provider, today announced a comprehensive strategic partnership with Caissa Travel, a leading travel service provider in China. Bringing together their respective resources, Pintec and Caissa...

Jul 31, 2019

COURBEVOIE, France--(BUSINESS WIRE)--IDEMIA, the global leader in Augmented Identity, today announces its partnership with RHB bank to offer the MOTION CODETM card option to its Visa Rewards Motion CodeTM credit card in Malaysia. It is the first time such a card is available in Southeast Asia.

Developed by...

Jul 31, 2019

Top “China Cool” Designers to be Featured During NYFW This Fall

NEW YORK--(BUSINESS WIRE)--Alibaba Group’s (NYSE: BABA) Tmall, China’s premier B2C platform for brands and retailers, today announced its new partnership with New York Fashion Week (NYFW): The Shows. The partnership will bring both top and...

Jul 31, 2019

PALO ALTO, Calif.--(BUSINESS WIRE)--Future Group, one of the world’s leading retail conglomerates, and its commerce payments affiliate LivQuik, have partnered with Poynt, the world’s leading open commerce platform, to mass deploy smart POS solutions across India.

Jun 24, 2019

NANJING, China, June 24, 2019 /PRNewswire/ -- Suning.com (the Company), the Fortune Global 500 retailer owned by Suning Holdings Group, one of the largest commercial enterprises in China, announced today it would buy an 80% equity stake in Carrefour China for €620 million (RMB 4.8 billion). After the transaction...

Jun 20, 2019

While substantially increasing your sales can help your business to make more money each year, there are other ways to boost your company’s profitability and ensure its longevity.

If you want to make 2019 your organization’s strongest financial year yet, you must routinely look for ways to secure its growth...

Jun 13, 2019

Waitrose aims to make all its own-brand packaging either reusable or compostable by 2023.

Single-use plastic bags are steadily being ditched around the globe, with Tanzania the latest in a list of 91 to bring in some form of plastic bag ban.

In another move away from plastic, some supermarkets are...