InsideRetail.asia

“Consumers should now brace themselves for a new breed of retail businesses that are already thriving off the ‘lazy economy’ consumer pattern occurring in major cities around the world,“ says CBRE Thailand executive Jariya Thumtrongkitkul https://insideretail.asia/2020/05/12/retail-landlords-and-tenants-should-prepare-for-a-new-era/ …pic.twitter.com/EZJUMMHCqH

The Denim Reimagined collection, created by Hong Kong designer Jesse Lee, uses surplus denim from Levi’s jeans and is being launched at Levi’s K11 Musea to coincide with the brand’s global #WearAndCare sustainable consumer care campaign https://insideretail.asia/2020/05/12/the-r-collective-teams-with-levis-in-upcycled-denim-reimagined-range/ …pic.twitter.com/VGD3liI6Oa

Uniqlo sales have been heavily hit by reduced trading hours in its Japanese home market amongst the coronavirus outbreak https://insideretail.asia/2020/05/11/uniqlo-japan-same-store-sales-plunge-in-april/ …pic.twitter.com/lKJceOc1SN

New research estimates China’s retail market took a US$420 billion hit from the Covid-19 crisis - but there is some positive news on the horizon https://insideretail.asia/2020/05/11/covid-19-wipes-us420-billion-from-chinas-retail-market/ …pic.twitter.com/5FdVIDyuxz

Out with the old, in with the new: At Singapore’s Jem mall, Ikea is planning a three-story ‘small-store’ concept which will take the place of a Robinsons department store https://insideretail.asia/2020/05/11/ikea-singapore-to-open-new-concept-store-at-jem-mall/ …pic.twitter.com/38cajGWhMv

Puma has outlined its survival strategy, remaining optimistic about its mid-term success despite the devastation to sales caused by the coronavirus crisis https://insideretail.asia/2020/05/08/puma-focuses-on-survival-and-recovery-as-sales-fall-by-half/ …pic.twitter.com/a9HDN9ME5e

Residents of Yangon in Myanmar are flocking to the nation’s first Siam Makro store - even though it is a wholesale retailer targeting the hotel, restaurant and catering sector https://insideretail.asia/2020/05/08/first-siam-makro-store-in-myanmar-opens-its-doors/ …pic.twitter.com/xbVV7C4CRW

Household names in US retailing are falling, with Neiman Marcus entering bankruptcy protection overnight - following J Crew earlier this week - and another department store is likely to follow within days https://insideretail.asia/2020/05/08/neiman-marcus-enters-bankruptcy-protection-rival-set-to-follow/ …pic.twitter.com/xeZykf4ARt

Louis Vuitton has followed Tiffany and Bulgari in raising its prices within the last month as South Korean consumers return to stores https://insideretail.asia/2020/05/08/louis-vuitton-raises-prices-in-south-korea/ …pic.twitter.com/b94XjYWQ9u

High-end brands caught with excess inventory following the Covid-19 crisis’ impact on tourism now have a new online outlet created by Alibaba - Luxury Soho - which doubles as a platform to help younger consumers step up into the luxury market https://insideretail.asia/2020/05/08/alibaba-launches-luxury-soho-a-digital-fashion-community-and-outlet-centre/ …pic.twitter.com/1l8IxDRcns

Craving @marksandspencer food? Now the company will deliver to your home via Foodpanda ’s Pandamart grocery service in Singapore, Hong Kong and Malaysia https://insideretail.asia/2020/05/07/marks-spencer-food-teams-with-foodpanda-in-three-markets/ …pic.twitter.com/aESRdSoGtX

Covid-19 has caused the largest ever quarterly decline in Hong Kong restaurant sales - and a government spokesperson believes there is little likelihood of improvement in the near term https://insideretail.asia/2020/05/07/record-slump-in-hong-kong-restaurant-sales/ …pic.twitter.com/UFjUNnAdn6

Sales through SaSa stores in Hong Kong and Macau have been in “drastic decline” amid the Covid-19 outbreak, and now the company expects to post a record annual loss https://insideretail.asia/2020/05/06/sa-sa-international-tips-record-loss-of-up-to-hk600-million/ …pic.twitter.com/kVPBZLYnl2

Computer vision technology is currently being used by Aussie startup Black. ai in an application for retail stores to identify suspicious behaviour among shoppers, based on their body language, hand movements and facial expressions https://insideretail.asia/2020/05/06/how-computer-vision-technology-is-impacting-retailers/ …pic.twitter.com/IhPKCoa8Iq

L Brands and would-be buyer Sycamore Partners have called off the sale of a controlling interest in lingerie brand Victoria's Secret and terminated their legal proceedings https://insideretail.asia/2020/05/06/victorias-secret-sale-cancelled-company-to-be-spun-off/ …pic.twitter.com/ziZKiwQHGQ

Online accounted for its greatest share yet of total retail spending in Singapore in March - and online food ordering surged by 15.6 per cent https://insideretail.asia/2020/05/05/march-retail-sales-in-singapore-slide-nearly-10-per-cent/ …pic.twitter.com/CxJ9QVdyvP

Hong Kong retailers experienced another dire month in March with retail sales down 42 per cent overall, luxury down by 75 per cent and a government spokesperson predicting little improvement in April https://insideretail.asia/2020/05/05/march-hong-kong-retail-sales-plunge-42-per-cent/ …pic.twitter.com/NjIxJE6xOi

Announcing an “amicable exit” from Jem mall, Singapore department store Robinsons is shifting its focus online and to its two remaining stores in the city https://insideretail.asia/2020/05/06/robinsons-jem-mall-store-in-singapore-to-close-by-august/ …pic.twitter.com/egILgIGL50

Apparently undeterred by the Covid-19 pandemic, Charles & Keith in Hong Kong is continuing its rapid rollout in the territory: after opening three stores over Christmas-New Year, a seventh is now open at Harbour City https://insideretail.asia/2020/05/05/charles-keith-hong-kong-expands-footprint-further/ …pic.twitter.com/4RDsFuWjUv

Suning’s new digital retail concept flagship in Nanjing achieved sales of RMB10 million (US$1.4 million) within 58 seconds of opening, according to the company https://insideretail.asia/2020/05/05/suning-opens-smart-retail-experience-centre-in-nanjing/ …pic.twitter.com/5ova23OjnR