Author: Mei Ling Tan

  • McDonald’s China partners with property developer

    McDonald’s China partners with property developer

    McDonald’s China has formed a partnership with property developer Evergrande Group with the aim of speeding up expansion throughout the mainland.

    This has been announced just a fortnight after the US fast-food giant sold a controlling stake in its Chinese and Hong Kong divisions to China’s state-owned Citic Group. The newly formed McDonald’s China unveiled a plan to add 2000 more restaurants to its 2500 outlets on the mainland China over the next five years.

    Citic chairman Chang Zhenming says the strategic co-operation with Evergrande will help McDonald’s restaurants quickly expand its footprint, especially in third- and fourth-tier cities.

    Evergrande will give McDonald’s “priority” in site selection for its residential property developments nationwide, Citic says.

    The restaurant chain is now aiming to have 45 per cent of its China stores in third- and fourth-tier cities, with more than 75 per cent of them offering delivery.

    Evergrande Group has about 700 property projects in 240 mainly lower-tier mainland cities.

  • AirAsia celebrates Asean’s golden jubilee with low fares

    AirAsia celebrates Asean’s golden jubilee with low fares

    AirAsia is celebrating Asean’s 50th anniversary with low fares to all destinations across its regional network.

    The promotion from only RM50 is in conjunction with Asean Day tomorrow, commemorating the founding of the Association of Southeast Asian Nations (Asean) on 8 August 1967.

    To seize this great offer, simply book on airasia.com or the AirAsia mobile app from Aug 7 to 13 for travel between Aug 7 2017 and Feb 8 2018 to any destination in Malaysia, Thailand, Indonesia, the Philippines, Singapore, Brunei, Cambodia, Myanmar, Laos or Vietnam.

    AirAsia Group CEO Tan Sri Tony Fernandes said, “For 50 years, Asean has inspired us with its message of unity. As Aseanists, we want to return the favour and we hope these low fares will inspire the people of Asean to discover more about the region we call home”, said AirAsia Group Chief Executive Officer Tan Sri Tony Fernandes.

    AirAsia is proud to be an Asean airline, with operations in Malaysia, Thailand, Indonesia and the Philippines, and is the only airline that flies direct to all 10 Asean countries.

    AirAsia also offers AirAsia Asean Pass which allows guests to enjoy flights within the region at fixed rates with travel validity up to 60 days.

  • Yusen Logistics participates in KIX Pharma Community

    Yusen Logistics participates in KIX Pharma Community

    Yusen Logistics will join the KIX Pharma Community, a group being formed by Kansai Airlines and other partners to acquire joint CEIV Pharma certification at Kansai International Airport in Japan. The Community expects to be certified by the summer of 2018.By participating in the community, Yusen Logsitics strengthens and expands its air freight services for its pharmaceutical and medical customers.

    CEIV Pharma (the Center of Excellence for Independent Validators in Pharmaceutical Logistics) certification is a quality assurance program for the temperature-controlled transportation of pharmaceutical products, developed by the International Air Transport Association (IATA). The program comprehensively covers Good Distribution Practices (GDP), and establishes guidelines that help supply chain partners develop and maintain safe air transportation practices for pharmaceutical products.

    As part of its strategy to turn Kansai International Airport into an international cargo hub, Kansai Airports is in the process of improving the quality of how it handles pharmaceutical products. The establishment of the KIX Pharma Community, combined with joint CEIV Pharma certification, will enable it to provide even safer, high-quality pharmaceutical transportation.

    In terms of exports, this will cover the entire supply chain from collection to aircraft loading; and for imports, from airport arrival to delivery. Acquisition of the certification is scheduled to be completed between spring and summer of 2018.

    Yusen Logistics is strengthening its logistics services for medical and pharmaceuticals products around the world. Last December, the company utilized Pharma Gateway Amsterdam—a community centered on Amsterdam Airport Schiphol—to become the first Japanese logistics company to acquire CEIV Pharma certification. This past May, the company acquired GDP certification at Frankfurt Airport. As a result, Yusen Logistics is now able to provide air import and export services that adhere to certification standards at two of Europe’s leading airports.

    In Asia, last July PT. Yusen Logistics Indonesia became the first Indonesian logistics company to acquire GDP certification for customs and delivery business processes related to air cargo arriving at and leaving from Jakarta International Airport.. In this way, Yusen Logistics is also expanding its global medical and pharmaceutical logistics network in Asia.

    Yusen Logistics is working to acquire CEIV Pharma certification at Kansai International Airport, with the aim of establishing a high-quality pharmaceutical logistics service, and globally expanding its supply chain and logistics services that cater to customer needs.

  • CLSA Capital sells Zing! mall for $2 billion

    CLSA Capital sells Zing! mall for $2 billion

    CLSA Capital Partners has sold the 27-storey Zing! mall building in Causeway Bay for HK$2.1 billion (US $268.6 million).

    An unknown buyer completed the deal by paying $1.1 billion after selling The L. Plaza in Sheung Wan to CLSA for $1 billion

    Zing!’s 79,051 sqft (7344 sqm) of space is believed to be fully leased out to retail tenants including F&B, beauty salons, gyms, clubs and karaoke venues. It is next to Times Square Hong Kong.

    CLSA Capital Partners bought the building, formerly known as Bigfoot Centre, in 2014 for $1.4 billion.

    After being refurbished, it was relaunched as Zing! in March 2015. The private equity arm of CLSA put Zing! on sale via public tender in May.

  • CRC Sports launches Liverpool footie franchise in Thailand

    CRC Sports launches Liverpool footie franchise in Thailand

    Thai fans no longer need to travel to England to buy Liverpool Football Club merchandise, with the club’s first official shop for Thailand, CRC Sports, launching in Pattaya.

    On the second floor of Central Festival shopping mall, the shop is being run by former Pattaya City Council member Rattanachai Suthidechanai, who has invested THB3 million (US$90,000) in the venture.

    He says expects to sell between THB800,000 and THB1 million worth of merchandise a month as the latest English Premier League season starts this weekend.

  • Vietjet Listing honored as “The IPO Deal of the Year 2017”

    Vietjet Listing honored as “The IPO Deal of the Year 2017”

    Vietjet’s public listing in the Ho Chi Minh City Stock Exchange in February has been honored as “The IPO Deal of the Year 2017” and “The Company with Best M&A Information Disclosure” at the M&A Awards 2016-2017. As a highlight of the Vietnam M&A Forum 2017, the awards were adjudicated by a panel of independent and renowned M&A experts through nominations by consultation organizations and researchers.

    Leading “a series of successful deals” in 2016-2017, Vietjet was highly rated by the panel which named the Vietjet listing as “The IPO Deal of the Year 2017” and “The Company with Best M&A Information Disclosure”. Vietjet’s IPO was professionally conducted following consultations with world-renowned law firms and financial institutions in around 800 days (due on the listing date) in accordance with international IPO standards of Regulation S.

    The adjudication panel also lauded the airline for its information disclosure. Vietjet has performed well in building investor relations, attracting intentions of investment funds and the public as well as bringing transparent, detailed and internationally-standardized information to investors and the public.

    Vietnam M&A Forum, an annual event for companies and investors from Vietnam and other countries was held in Ho Chi Minh City on August 10, 2017 under the auspices of the Ministry of Planning and Investment. With the theme “Seeking a Big Push”, the Vietnam M&A Forum 2017 was held as a platform to exchange suggestions and introduce opportunities as well as experience sharing for breakthroughs in the market.

    Earlier, Vietjet’s 2016 annual report was also honored with a Platinum Award, ranked the 4th among the Asia Pacific region’s awardees and 11th out of 100 worldwide at the Vision Awards 2016 presented by the League of American Communications Professionals (LACP). Themed as “the flight to the future”, the 150-page annual report was graded with almost top scores under the criteria of First Impression, Letter to Shareholders, Report Financials and sustainable development programs.

    Headquartered in the US, LACP was set up to create a forum within the public relations industry that facilitates discussion of best-in-class practices within the profession while also recognizing those who demonstrate exemplary communications capabilities. The Vision Awards honors outstanding and informative annual reports globally following international standards.

  • UPS appoints Harld Peters as new China president

    UPS appoints Harld Peters as new China president

    UPS announced the appointment of Harld Peters as the new president of UPS China. A UPS veteran with 18 years of logistics experience, Peters will be responsible for leading strategic initiatives across UPS’s package delivery and supply chain operations in China. Peters succeeds Richard Loi, who will be retiring after 26 years of dedicated service with UPS.

    “The Belt and Road Initiative (BRI) will continue to open new trade corridors between two of the world’s biggest traders,” said Ross McCullough, president of UPS Asia Pacific. “Harld’s extensive experience working closely with European customers across major industry segments positions him well to bolster UPS’s Chinese customers in their efforts to accelerate growth overseas.”

    “As China continues to transform with increased cross-border commerce and with the rise of global markets, I am confident that Harld’s leadership will take UPS to the next level of growth in China,” he added.

    “UPS has made significant strides since we started doing business in Asia over 25 years ago,” said Harld Peters, President of UPS China. “Customers demand more from their partners with China’s transformation from a low cost manufacturing model to an innovation-driven economy. I am excited about leading the next phase in our growth, and building upon Richard’s successes in this key market for UPS. Our commitment to helping China go global will be seen in our upgraded global transportation network, rich industry intelligence and expanded service enhancement.”

    UPS has set in place a multi-year investment and growth plan for China that is focused on widening and deepening its geographical presence, and improving the customer experience through differentiated service offerings. Earlier this year, the company announced the addition of six stations to its Preferred Full and Less-than-Container Load (FCL and LCL) multimodal rail service between Europe and China. It also announced a joint venture with S.F. Holding, the parent company of S.F. Express, to develop and provide international delivery services initially from China to the US, with expansion plans for other destinations.

    Peters formerly served as President of UPS West Europe District, where he led the successful integration of over 10,000 UPS Access Point™ locations, a network of neighborhood stores and businesses that make online shopping and delivery more convenient for customers. He joined UPS in 1999 as a Contract Manager of Supply Chain Solutions in the Netherlands and later assumed various management positions in the Express and Supply Chain Solutions business units throughout Europe, including Vice President of Contract Logistics.

  • Revenue rise puts Yue Yuen on good footing

    Revenue rise puts Yue Yuen on good footing

    Revenue growth of 3.9 per cent saw first-half revenue hit US$4.4 billion for Yue Yuen Industrial (Holdings).

    Profit attributable to the owners of the group grew by 4 per cent year on year to $258.5 million for the six months to the end of June.

    Ye Yuen’s main business categories are making and selling footwear products plus the retail and distribution of sportswear and apparel products, including leasing large-scale commercial spaces to retailers and distributors. It is the largest manufacturer of athletic and casual/outdoor footwear for international brand companies, and runs one of the largest footwear and apparel retail networks. It also provides sport services across Greater China, which continues to be a key growth market for major international sporting and lifestyle brands.

    Its footwear manufacturing revenue recorded a mild decline of 0.7 per cent to $2.9 billion during the first half, with sales volumes dropping 1.6 per cent. However, the group’s manufacturing gross profit grew from $607.9 million to $622.9 million with a gross profit margin of 20.8 per cent.

    Vietnam, Indonesia and China continued to be the group’s main production locations by volume, representing 46, 35 and 17 per cent of total shoe production respectively.

    Athletic shoes accounted for 46.6 per cent of revenue, followed by casual/outdoor shoes at 12.8 per cent. Athletic shoes were also the main manufacturing category, accounting for 77.1 per cent of revenue, followed by casual/outdoor shoes at 21.2 per cent.

    The group’s retail business grew by 15 per cent to $1.4 billion. The group’s main retail subsidiary, Pou Sheng, derives sales primarily from retail omni-channels and a sport services platform covering major cities in Greater China.

    At June 30, the group had 5464 directly run counters/stores and 3036 stores run by sub-distributors in Greater China. It had about about 360,000 employees globally.

  • Miniso Philippines opens two more outlets

    Miniso Philippines opens two more outlets

    Japanese lifestyle brand Miniso Philippines has opened two more outlets in Manila, with four to follow soon.

    Its first store in the Philippines, at Robinsons Place Manila, opened in June, with the latest stores in SM City San Lazaro and SM City Manila.

    Miniso has more than 1400 retail stores in more than 40 countries and regions. The grand opening of its SM City Manila outlet featured Filipino teen actor Ruru Madrid and actress Gabbi Garcia, both from GMA Network, along with City of Manila vice-mayor Honey Lacuña, Miniso partners and mall executives

    Miniso was jointly founded by designer Miyake Jyunya and Chinese entrepreneur Ye Guofu with a brand proposition of “simplicity and going back to the essence”.

    More 80 per cent of the brand’s products designs originate from China, Japan, Korea, Malaysia and Singapore. Products include home necessities, jewellery, seasonal items, digital accessories, office supplies, beauty products, stationery gifts, and food and drinks. Miniso stores can be found in Australia, China, Hong Kong, Japan, Korea, Laos, Myanmar, Nepal, Singapore, Thailand and Vietnam.

  • Giordano International recovers from early fall

    Giordano International recovers from early fall

    In a turnaround from a 1.6 per cent drop in the first quarter, apparel retailer Giordano International recorded a 3.4 per cent rise in half-year group sales to HK$2.6 billion (US$334.8 million).

    Gross profit increased by 3.8 per cent and gross margin improved by 0.2 points.

    Comparable store gross profit (CSGP) rose by 6.6 per cent though comparable store sales (CSS) reached only 4.6 per cent growth. The company says the increase was primarily because of a better pricing/merchandising mix, but the figures were dampened by the early lunar new year shortening sales of winter merchandise.

    Group gross profit edged up 3.8 per cent to $1.566 billion, primarily because of non-performing stores being closed in the past few years. Group gross margin was up by 0.2 points to 59.8 per cent, mainly because of depreciation of the renminbi as most products were sourced from China. Giordano says sourcing from Bangladesh and Vietnam will help maintain or improve future gross margin.

    While China’s total sales fell, operating profit grew by 5 per cent, mainly because of improved profit from e-commerce, gross margin improvement and control of running expenses.

    E-commerce sales surged 26.6 per cent, contributing to 16.2 per cent of China brand sales (12.7 per cent for the same period last year). The company attributes the increase to improved merchandise mix and logistics.

    Strong growth

    Regional operating profit recorded strong double-digit growth, particularly for Indonesia, Malaysia and Singapore. This was generally attributable to improved gross margin and expense
    control.

    Early Ramadan and improved merchandise assortment benefited both Indonesia and Malaysia. The operating profit of Malaysia grew by 47.2 per cent and that of Indonesia by 37.1 per cent.

    In Singapore, operating profit was up 35.1 per cent, mainly because of gross margin increasing by 2.1 points to 62.6 per cent despite a stagnant economy and low tourist traffic.

    In Thailand, operating profit was virtually the same.

    South Korea (a 48.5 per cent JV with an independent management team) reported a net profit increase of 28.8 per cent through better cost control, the closure of non-performing stores and enhancement in gross margin.

    Worldwide, there were 16 fewer Giordano stores at the end of June, mainly because of 33 non-performing stores being closed in India, where the group is restructuring the business. This trimmed the network to 2371 stores in more than 30 countries, including 1243 standalone stores. Most are in China (where stores expanded from 896 to 913, all in the franchise network), South Korea, Southeast Asia and the Middle East.

  • Singapore logistics startup Yojee raised another S$3mn

    Singapore logistics startup Yojee raised another S$3mn

    Yojee is a Singapore publicly listed technology company which introduced the new ways of communication and collaboration across the entire supply chain. Raised over 10 million up to date with the last funding round of 3 million came in on the 8th of August via share placement. The company will use the proceedings to further funding long term technology, sales and marketing plan leveraging existing customers and expanding further.

    The company offers everyone an opportunity to join the ‘world’s first’ collaborative cross border logistics network which connects shippers, carriers and freight forwarders in seconds, with already tens of thousands of kilograms of freight moving through the network. For shippers and carriers, the route optimisation algorithms with machine learning capabilities suggest the best asset for each delivery job using both current and historical data, based on more than 30 criteria.

    SmartAssign
    Revolutionary Yojee SmartAssign allows companies to make smart job assignment decisions without touching a button. Fully powered by Yojee Ai (Artificial Intelligence) this mode dynamically determines and passes the job to the most suitable driver for each job based on many different criteria including proximity, available vehicle capacity, driver capacity, road conditions, and many others.

    Yojee aims for a 70% reduction in the headcount required in operations and customer service to manage a logistics business, creating substantial operational savings alongside freight efficiencies by introducing more features promoting autonomous operations.

    In addition to Yojee SmartAssign, Yojee Broadcasts (uberfied mode) can be chosen, this adds a third option for companies’ operational modes, Yojee AI pushes jobs to a number of most suitable drivers and allows them to accept or reject the job, broadcast options are fully configurable including number of drivers per broadcast, time interval before re-broadcasting, which will give additional opportunities to optimise the operations.

    Big data analytics dashboard
    Big data and predictive analytics gives logistics companies the extra edge they need to optimise and manage their operations giving managers the aggregated bird’s eye view to the top data points. Analytics dashboard with customisable display allows real time visualisations of key operational and financial metrics which in addition to seamless dispatch work helps automated systems to function through intelligently routing many different data sets and data streams.

    Control tower enhancement
    Enhancement of Control Tower – users of the Yojee platform software now able to move jobs across companies. fully connected, seamless transfer, networked ecosystem

  • VW Group, Tata end talks on emerging markets tie-up

    VW Group, Tata end talks on emerging markets tie-up

    Cooperation talks between Germany’s Volkswagen Group and India’s Tata Motors about joint development of a car for emerging markets have ended amicably, the two companies said on Thursday.

    The collapse of the talks is a further blow to Volkswagen’s (VW) efforts to develop a cheap vehicle platform for Asian markets, after an earlier alliance with Japan’s Suzuki Motor Corp (7269.T) also fell apart.

    In March Tata Motors and VW announced a Memorandum of Understanding (MoU) for a long-term partnership to explore joint development of products for customers in India and other markets.

    The German group’s Czech arm Skoda, commissioned by VW to lead the talks with Tata, was exploring a possible entry-level car platform together with the Indian manufacturer, using Tata’s AMP vehicle platform as a basis, a VW group source said.

    Skoda dropped the idea of developing the AMP platform on fears that it would need significant further investment to meet future crash-test and engine emissions requirements and would instead explore parent VW’s MQB platform for possible further savings, said the source, who declined to be named.

    “The two companies have come to the conclusion that at the present point of time the technical and economic synergies cannot be realized in the desired way,” Skoda said on Thursday, confirming a Reuters story.

    “We have evaluated the technical feasibility and degree of synergies for the envisioned partnership. We have concluded that the strategic benefits for both parties are below the threshold levels,” said Tata Motors Chief Executive Guenter Butschek, the German automotive and aerospace industry veteran who joined the Indian company last year.

    But the two automakers, which also studied joint development of components, did not rule out the possibility of collaboration in the future after holding what Skoda called “constructive talks” over the past five months.

    VW shares closed 0.7 percent lower at 127.15 euros. Tata Motors shares plunged 9 percent to 380.20 rupees, after the company reported lower than expected first-quarter results.

    Foreign carmakers like VW, General Motors (GM.N) and Fiat Chrysler (FCHA.MI) have struggled in India where more nimble rivals such as Maruti Suzuki (MRTI.NS) and Hyundai Motor (005380.KS) have cornered two thirds of the market.

    Tata, which is also struggling to boost sales, has been trying to turn round its loss-making domestic business by modernising its products, improving efficiency and streamlining its organization.

    In May, General Motors said it would stop selling cars in India from the end of this year, drawing a line under two decades of battling in one of the world’s most competitive markets where small cars make up the bulk of sales.

    India is expected to become the world’s third-largest car market by 2020 but passenger vehicle sales have slowed in recent months due to policy changes and a new nationwide sales tax.

    In 2009 VW attempted to break into the low-cost car market in India by forging a tie-up with Suzuki Motor Corp but the deal failed due to cultural and business differences and was ended in 2015 following a fierce legal dispute.

    The German group is looking for new overseas markets as it struggles to draw a line under its emissions scandal. In China VW has been working with joint venture partner FAW on an economy car and is planning to build affordable electric vehicles with JAC Motor (600418.SS) from next year.

    “We haven’t been able yet to claim a share of the booming business with cheap small cars and Tata means another setback in that respect,” a senior VW brand manager told Reuters. “But VW has changed a lot structurally since the Suzuki debacle, so we’ll keep trying.”

    The breakdown of talks with Tata was mainly for economic reasons rather than differences over control, as the AMP architecture turned out to be too expensive, the VW source said.

    A push by VW group headquarters to decentralize power after the dieselgate scandal and assign greater responsibilities to the individual brands and business regions for vehicles and technology will help VW find the right partner, the manager said, without being more specific.

  • DHL to be title sponsor of DR1 Drone Racing Series

    DHL to be title sponsor of DR1 Drone Racing Series

    DHL has signed on as the new title sponsor for a new racing series – DR1 presents the DHL Champions Series, Fueled by Mountain Dew. This new racing championship is organized by DR1 Racing, the premiere drone racing organization that is bringing together top pilots and racing teams to compete at exhilarating locations throughout the world, including the Post Tower in Bonn, Germany, the headquarters of Deutsche Post DHL Group. This October and November the races will be broadcast and streamed online globally by Eurosport, Fox Sports Asia and Twitch.TV, potentially reaching more than 300 million homes.

    This new racing series gives DHL the opportunity to continue to extend its leadership position in the development of drone technology, which has a vital part in the future of logistics, as well as elevate the DHL brand to a broader audience of businesses and consumers through a thrilling new sport. Locations for the first season of the DHL Champions Series are expected to include the United States, Germany and Ireland. DR1 events are already broadcast in more than 100 countries.

    “This new racing series is an exciting opportunity for DHL to showcase our passion for drone racing and illustrate our extensive history in developing innovative and sustainable approaches towards future logistics solutions,” said Ken Allen, CEO, DHL Express. “Similar to Formula E, drone racing represents an exciting new e-racing series, which is why DHL took the opportunity to engage as the logistics partner and title sponsor for DR1’s premier league racing series.”

    DHL has been developing and testing its Parcelcopter for more than four years for deliveries in geographically ambitious areas. It has successfully deployed the Parcelcopter for fully automated deliveries in severe, high-altitude and weather conditions in the Bavarian Alps as well as to remote locations on German North Sea islands, and as such integrated into the overall logistical processes of the DHL Parcel unit. For its engagement in this area of research the Group also received the “German Mobility Award 2016” (Deutscher Mobilitätspreis 2016).

    DHL Supply Chain has deployed drone in Mexico and Brazil for security surveillance, monitoring sites and assets for theft and damage. Drones can also be used as aid deliveries as part of disaster relief missions after natural disasters.

  • The changing face of retail

    The changing face of retail

    There’s a common misconception that a job in retail starts and ends on the shop floor. Or that working in the industry is merely a ‘rite of passage’ young people must traverse while studying at school or university.

    However, for a growing band of retail professionals, working in the industry represents a diverse and exciting career spanning years, roles and even countries.

    Today, there’s no limit to where a job on the shop floor could end up leading – from unique career development initiatives to giving back and having a positive impact on the world.

    As a global business operating in 19 countries, the Cotton On Group says the need to attract and retain great talent across all levels of the business is front of mind for the company.

    Moving beyond the structured pathway programs; COG says targeted global recruitment drives and tactics to ‘future proof’ its talent pool of 22,000 people globally, will be key in building and nurturing the retailer’s team.

    Jo Barr, global careers manager for the Cotton On Group, is confident in the business’ ability to maintain the momentum of its talent strategy and continue supporting its growth.

    “Having worked for other global retailers and seeing other environments, I know what we have to offer is really unique – whether that’s working in store or in a role within one of our six head offices,” she says.

    “The culture, the opportunities and the programs we provide for our teams are like no other – we truly put our people first and genuinely want to give them an experience they will take with them for life.”

     Start here, go anywhere

    The sheer range and number of opportunities that retail can offer is exemplified by a global business like Cotton On Group.

    A business model which distinctly favours in-house capabilities over out-sourced resources has unlocked a diverse suite of roles within the group’s operations. Couple this with a growing footprint and head offices located in six markets and there’s no doubt that the global retailer makes for a unique proposition in the market.

    Barr says the business’ sustained success on an international scale is challenging people to see a career in retail in a new light.

    “We have a ‘start here, go anywhere’ attitude at the group, and we really mean it. Our business has so many examples of people who may have started in one country or one role, then moved to another, then to another – the opportunities are as far and as wide as people want to take them,” she says.

    Brad Rowland is one of many team members at the group who started on the shop floor while studying and went on to pursue a career in the industry after discovering a real passion for retail.

    “When I joined the group in 2000, it was a small business with only 33 stores in Victoria and Western Australia. At that time, Nigel (Cotton On Group founder & owner) was doing everything himself…his drive was like a machine,” Rowland says.

    In the sixteen years that followed, “bloody hard work” has seen Rowland progress through a range of roles including store manager, area manager, operations manager and Cotton On Group national retail manager.

    In early-2017, Brad was approached by the business to move into the newly created position of head of outlets for Cotton On – a behind-the-scenes role that encompasses buying, planning and marketing.

    “The business has always been incredibly supportive of my development and saw an opportunity to grow my skills,” Rowland said.

    “Senior members of our business are incredibly passionate about growing their teams and developing leaders for the future and my career progression at the group is a great example of that.”

    Creating a learning culture

    Barr adds that an increased focus from universities and training and education institutions on the retail industry is helping to build interest among graduates looking to start their career.

    Capturing this increased interest and offering effective pathways into the industry has been the catalyst behind a number of initiatives put in place by the group’s recruitment and careers team.

    Earlier this year, in partnership with Deakin University, the group launched its first graduate program aimed at attracting and nurturing talent in the areas of merchandise planning and allocation

    “As a business, we’ve set ourselves some big goals for the next 10 to 20 years, and are committed to adequately resourcing our teams to help us achieve these goals. Merchandise planning and allocation are areas where we believe there is huge opportunity for growth, and are fundamental to supporting the expansion of our business both locally and internationally,” says Barr.

    Another new initiative, aimed at existing employees, is the group’s international work experience program known as Adventureships. This program sees the group deploy retail team members from across the globe to support various international shopping events such as Black Friday in the United States and Chinese New Year – providing them with invaluable in-market experience.

    The group have pioneered learning and development programs for a number of years – launching their $30 million educational platform, COG Uni, back in 2013.

    More recently, COG Uni has launched YOU Learning – an online education tool aimed at promoting personal and professional growth and fostering career development.

    Developed by a specialist team at the group’s headquarters, YOU Learning consists of over 1,000 learning bites which cater to all levels of the business including retail, distribution and head office. The URL-based platform is easily accessible to the group’s 22,000 people and covers topics including ‘culture and values’, ‘lead and manage others’ and ‘supply chain and planning.

    Not just a career

    COG is a firm believer that its responsibility as a global fashion retailer goes far beyond just selling clothes and as a result it is committed to giving its team members the opportunity to give back and have a positive impact on communities around the world.

    Through the support of its people and customers, the group’s philanthropic arm, the Cotton On Foundation, has raised $60 million since 2007 – funding a host of healthcare, education, infrastructure and sustainability projects in Southern Uganda, Thailand, South Africa and Australia.

    With ambitious plans for the future, the COG says it is a firm believer in developing leaders for the future, and will continue to invest in people’s personal and professional development to support the company’s continued growth.

  • Longines opens new Kuala Lumpur store

    Longines opens new Kuala Lumpur store

    Longines has opened a new store in Kuala Lumpur, as the Swiss luxury firm looks to bolster its standalone store count in Malaysia.

    Located the capital’s prestigious Suria KLCC mall, the Longines store covers 75-square-metres and adopts the style codes seen in boutiques around the world.

    Upon entering the boutique, shoppers face a floor-to-ceiling poster of Longines ambassador, Kate Winslet, while the main wall panel projects a large video screen, offering an insight into Longines’ 185-year long history.

    Store features include lacquered wood panelling with the firm’s winged hourglass logo, as well as burnished leather, polished marble and selected fixtures and furnishings “that create a calm inviting environment,” said the brand in a statement.

    An exclusive VIP area allows customers to shop in comfort and privacy, while finding out more about the brand and specific collections, it said.

    The Suria KlCC store stocks the iconic watchmaker’s latest collections for both men and women.  There’s a dedicated space for The Longines Equestrian Collection, a tribute to Longines’ involvement in equestrian sports and its commitment to its female customers, inspired by the equine world.

    The new store also has a small display of nine pocket watches from the 19th century, taken from the Longines Museum located at the company’s headquarters in Saint-Imier, Switzerland. The new boutique is the first in Southeast Asia to feature the valuable archive pieces, said Longines.

    Finally, the boutique has a large range of Longines collections including Longines DolceVita, The Longines Master Collection, Conquest Classic as well as Heritage models, which are on freestanding displays for easy access.

    The new store follows Longines’ recent store opening in Macau in February this year. Longines forms part of the Swatch Group fold, which also boasts luxury brands such as Breguet, Omega, Hamilton and Calvin Klein watches.