Category: General

Retail News Asia is committed to providing both local and global retailers with the latest General Retail news throughout the Asian market. This on a daily base.

  • Experience the Grandeur of Tory Burch’s Largest Hong Kong Store at K11 Musea: Bigger, Better, and Brimming with Style

    Experience the Grandeur of Tory Burch’s Largest Hong Kong Store at K11 Musea: Bigger, Better, and Brimming with Style

    Tory Burch, the renowned fashion brand, has recently reopened its newly revamped boutique located at K11 Musea. The redesigned space, covering an area of 3800 square feet, now stands as the largest Tory Burch outlet in Hong Kong.

    Reflecting the Brand’s Identity

    Thibault Villet, International Director for Asia-Pacific, Japan, and EUME regions, shared that the design of the store embodies the brand’s unique blend of timeless elegance, warmth, and modern spirit. The boutique’s aesthetic is a physical manifestation of the brand’s identity, showcasing its commitment to quality and style.

    A Comprehensive Tory Burch Experience

    Customers visiting the boutique can look forward to a comprehensive shopping experience as the store offers Tory Burch’s ready-to-wear collection, handbags, footwear, and a broadened range of jewellery. This diversity in the product line ensures that shoppers have access to a complete Tory Burch ensemble.

    Jewellery: The Key Growth Category

    Villet highlighted that jewellery is a pivotal growth category for the brand. “The introduction of more jewellery options enhances styling possibilities, encourages repeat visits, and draws in new customers,” he said. He added that in a market where attention to refinement and detail is crucial, their expanded jewellery collection will be particularly appealing.

    Questions & Answers

    What changes have been made to the Tory Burch boutique at K11 Musea?
    The boutique has undergone a redesign and now spans a space of 3800 sqft, making it the largest Tory Burch store in Hong Kong. The design of the store reflects the brand’s timeless elegance, warmth, and modern spirit.

    What products does the revamped Tory Burch boutique offer?
    The store carries Tory Burch’s ready-to-wear collection, handbags, footwear, and an expanded range of jewellery.

    Why is jewellery considered a key growth category for Tory Burch?
    According to Thibault Villet, the brand’s International Director for Asia-Pacific, Japan, and EUME regions, expanded jewellery options enhance styling possibilities, encourage repeat visits, and attract new customers.

  • Google Messages Revamps Read Receipts and Teases Real-Time Location Sharing: An Enhanced Chat Experience Ahead

    Google Messages Revamps Read Receipts and Teases Real-Time Location Sharing: An Enhanced Chat Experience Ahead

    Google’s messaging app, Google Messages, has recently undergone a series of tweaks to improve its user experience. One significant change is the simplification of the group creation process, which allows users to chat with multiple individuals simultaneously. However, this isn’t the only modification to the app.

    Revamped Read Receipts

    The read receipts feature in Google Messages has been revamped in its latest version. Previously, the read receipt was composed of two small circles, commonly referred to as the “Double Bubble” design, located outside the text bubble. The latest version relocates the read receipt within the text bubble, specifically at its lower right corner, and changes its design to a single circle.

    This new version incorporates four states to indicate the status of the sent message: an ellipsis within a circle denotes a message in the process of being sent; a single check within a circle indicates a message has been sent; double checks within a circle signifies the message has been delivered; and finally, a solid circle with double checks mean the message has been read.

    End-to-End Encryption Verification

    Users are now able to verify whether their message was encrypted end-to-end (E2EE) by swiping the text bubble to the left. This action will reveal the time the message was sent and its E2EE status. If a lock with a line through it is displayed, it means the message was not encrypted. Conversely, a lock without a line through it signifies the message was sent via E2EE.

    Real-Time Location Sharing Feature

    Google Messages is rumored to be introducing an exciting feature that will enable users to share their real-time location with others. Currently, the app only allows for a one-time location share, which remains static even when the user is on the move. However, the new “Real-time Location” feature will show the user’s location as they move in real time.

    This feature requires location permissions and can be enabled to share the user’s location in chats. A banner will be displayed at the top of the chat when this feature is active, indicating the remaining time before it is automatically switched off.

    Interestingly, the user can share their live location even if the recipient does not have the same feature enabled on their device. If the recipient has the Google Find Hub app installed, the shared live location link will open in the app. Otherwise, the link will open in a web browser, revealing the sender’s real-time location. To disable location sharing, users simply need to tap the banner at the top of the conversation and select “Stop” from the options at the bottom.

    Questions & Answers

    What are the four states of the new read receipt design in Google Messages?
    The read receipt can be in one of four states: an ellipsis within a circle indicates a message being sent; a single check within a circle shows the message has been sent; double checks within a circle signify the message has been delivered; and a solid circle with double checks means the message has been read.

    How can users verify if a message was encrypted end-to-end in Google Messages?
    Users can swipe the text bubble to the left to reveal the time the message was sent and its encryption status. A lock with a line through it means the message was not encrypted, while a lock without a line through it indicates end-to-end encryption.

    What is the new “Real-time Location” feature in Google Messages?
    The “Real-time Location” feature allows users to share their real-time location with others in chats. A banner will appear at the top of the chat when this feature is active, revealing how much time remains before the feature is automatically turned off.

  • Coming Soon: WhatsApp’s Game-Changing Feature to Revolutionize Your Messaging Experience

    Coming Soon: WhatsApp’s Game-Changing Feature to Revolutionize Your Messaging Experience

    WhatsApp, a messaging app widely used across the globe with over a billion downloads on both the App Store and Play Store, is known for its unique features, including high-quality image sharing, chat lock, and built-in integration with Meta AI. Despite these capabilities, there is one feature missing that is common in most messaging platforms: message scheduling. Fortunately, the implementation of this feature is on the horizon.

    Meta Takes Action

    In recent times, Meta has rolled out a series of significant updates to WhatsApp, which include a redesigned status section and enhanced privacy measures. Now, the company is turning its attention to the long-awaited message scheduling feature, which is predicted to be a highly anticipated upgrade.

    This inclusion was recently detected in a TestFlight beta of the WhatsApp iOS app, hinting that development is actively in progress and hinting at its imminent launch on the stable build. Accompanying this discovery, a screenshot of the Group Info interface has been circulated, displaying the Scheduled Messages option as part of the available features.

    The scheduling feature will provide the ability to compose a message and set it to be sent at a later time. This could be particularly useful in scenarios where you want to send a birthday message at midnight but are concerned about forgetting due to other obligations. The scheduling feature enables the user to pen the birthday greeting and set it to be delivered at the desired time.

    Rival Platforms Ahead of the Curve

    WhatsApp has a host of competitors, including Signal, Messenger, iMessage, and notably, Telegram. Unlike WhatsApp, Telegram has had the ability to schedule messages since 2019.

    Notably, Telegram also offers a “Repeat” function that enables users to schedule a specific message to be sent automatically at regular intervals. This feature is incredibly useful for sending recurring reminders or tasks. It remains unknown if WhatsApp will also provide this additional functionality or simply stick with the basic scheduling feature.

    Interestingly, Instagram — another Meta-owned platform — already includes the ability to schedule messages for later delivery.

    Early Stages of Development

    While the feature is in the pipeline, it is still in early developmental stages. When development is finalized, it will be made accessible to a select group of beta testers who will share feedback and relay their user experience. Upon completion of this phase, the feature will be made available to all users. However, it is estimated that several weeks remain before the scheduling feature becomes an integral part of WhatsApp’s day-to-day operation.

    Questions & Answers

    What is the new feature being added to WhatsApp?
    Answer: WhatsApp is adding a message scheduling feature, allowing users to compose a message and set it to be sent at a later time.

    When was this feature first introduced by WhatsApp’s competitor, Telegram?
    Answer: Telegram introduced message scheduling in 2019.

    What is the current status of the development for this feature on WhatsApp?
    Answer: The message scheduling feature is in its early stages of development on WhatsApp and will soon be tested by a select group of beta users. A general roll-out is expected to follow in the upcoming weeks.

  • Retail Giant AS Watson Eyes Major Move into Australian Market with Potential $500M Pharmacy Acquisition

    Retail Giant AS Watson Eyes Major Move into Australian Market with Potential $500M Pharmacy Acquisition

    AS Watson, a Hong Kong-based health and beauty retailer, is potentially planning a move into the Australian market. The company is believed to be considering an acquisition of over 90 pharmacies in Australia.

    Expansion into Australia

    The company’s interest is reportedly focused on 92 Priceline pharmacies, previously under the operation of Infinity Pharmacy Group. This move will represent AS Watson’s debut into the Australian market. The company is said to be planning a comprehensive review of these pharmacies, which indicates serious intent towards the acquisition.

    It is suggested that executives from AS Watson had visited Australia several years prior and had discussions with the founding partner of Infinity. These visits may well have laid the groundwork for the current acquisition proposal. However, a spokesperson for the group declined to provide any comment on these market speculations.

    The Players Involved

    AS Watson is a part of CK Hutchison Holdings – a major commercial conglomerate based in Hong Kong. On the other side of the equation, the Priceline brand is owned by Australian conglomerate, Wesfarmers, while Infinity Pharmacy Group functions as a franchisee of the chain.

    In a recent development, Wesfarmers placed approximately half of Infinity’s stores into receivership, following a period of enduring financial difficulties. These financial struggles have led to the sale of the 92 Priceline stores, managed by Infinity’s administrator, Teneo.

    The Sale Process

    Teneo, responsible for the administration of the sale process, is said to be seeking a minimum sale price of AU$500 million for these 92 Priceline stores.

    Questions & Answers

    What is the significance of this potential acquisition by AS Watson?
    The acquisition could mark AS Watson’s entry into the Australian market, expanding its global footprint.

    Who currently owns the Priceline brand and the affected pharmacies?
    The Priceline brand is owned by Wesfarmers, an Australian conglomerate. The affected pharmacies were previously operated by Infinity Pharmacy Group, a franchisee of the chain.

    What is the expected price for the sale of these 92 Priceline stores?
    The administrator overseeing the sale, Teneo, is reportedly seeking a minimum price of AU$500 million for the stores.

  • How Do I Buy Prescription Glasses for Driving?

    How Do I Buy Prescription Glasses for Driving?

    Why Clear Vision Is Crucial for Driving

    Keeping Your Vision Prescription up to Date

    Choosing the Right Lenses for Driving

    Finding the Perfect Frames for Driving Comfort and Safety

    Getting Your Prescription Driving Glasses Quickly With Eyemart Express

    Frequently Asked Questions (FAQs)

    Road safety is nonnegotiable, and relying on prescription glasses for clear vision means ensuring you and other drivers are safe while commuting. Whether you’re new to eyewear or are seeking better options for driving, following this guide can help you make the right choice. Noting the key factors mentioned enables you to make informed decisions about standout driving prescription eyewear.

    Why Clear Vision Is Crucial for Driving

    Clear vision behind the wheel allows you to judge distance, speed, and the movements of other vehicles and pedestrians. While states differ in their laws, most require drivers to meet vision standards, typically at least 20/40 acuity in one eye, to drive without glasses. You’ll need to wear your prescription glasses when taking your driver’s license test.

    Poor vision can lead to accidents, so prioritizing eye care with regular testing will enhance your driving experience and keep the roads safer for everyone.

    Keeping Your Vision Prescription up to Date

    The foundation for reliable driving glasses is a current prescription from a qualified optometrist. Your prescription will include some critical numbers that indicate your vision requirements. For instance, the SPH (sphere) reading represents the lens power needed to correct nearsightedness or farsightedness, while the CYL (cylinder) figure indicates the required astigmatism correction. Additionally, the AXIS value suggests the orientation of astigmatism.

    While many eyewear retailers don’t conduct exams on-site, many top ones often partner with local optometrists to simplify the process for customers. This collaboration makes it easier to obtain up-to-date prescriptions, ensuring the glasses you choose provide optimal correction for safe driving. Keeping your prescription current enhances your vision and also significantly contributes to your overall safety while on the road.

    Choosing the Right Lenses for Driving

    Choosing the right lenses for driving can enhance visual clarity and comfort on the road. Besides your prescription itself, selecting appropriate lens options can significantly improve visibility and reduce common driving hazards, making your time behind the wheel safer and more enjoyable.

    Anti-Reflective (AR) Coatings for Glare Reduction

    Anti-reflective (AR) coatings minimize glare from headlights, streetlights and the sun’s rays. This is particularly beneficial for driving at night, when bright lights create distractions or hazards. Opting for AR-coated lenses ensures clearer vision, helping you stay focused on the road. Top retail eyewear outlets will provide expert support in selecting the right coatings tailored to your needs, improving your confidence behind the wheel.

    Polarized Lenses for Daytime Driving

    Polarized lenses are specifically designed for daytime driving, cutting glare from other vehicles and reflective surfaces, such as wet roads. They filter light, enhance contrast and improve vision clarity, which is ideal for bright, sunny days. They also reduce eye strain by providing 100% UVA/UVB protection outdoors.

    Light-Responsive (Photochromic) Lenses

    Photochromic lenses are light-responsive, offering 100% UV protection and adjusting tints according to lighting conditions. However, while they’re highly effective against the sun outdoors, many of these lenses don’t darken effectively inside a car because windshields can block the UV light. You should consider this limitation and speak to your provider about alternatives to ensure optimal visibility while driving.

    Finding the Perfect Frames for Driving Comfort and Safety

    Choosing the right frames is as important as having the best lenses. They can enhance your driving experience by maintaining clear vision and minimizing distractions. Here are some key considerations:

    • Thin temples: Opt for frames with thin temples to maximize unobstructed peripheral vision, which helps with safe lane changing and merging into traffic.
    • Lightweight materials: Choose a lightweight frame to reduce pressure on your ears and nose, ensuring additional comfort, particularly on long drives.
    • Proper fit: Your glasses shouldn’t slip or slide on your face while driving. A secure fit will keep you focused on the road rather than create distractions by requiring constant eyewear adjustments.

    The ideal eyewear retailer should offer a wide selection of frames that cater to any style and budget. That way, you can find designer glasses at your price point that seamlessly combine your driving safety and fashion sense.

    Getting Your Prescription Driving Glasses Quickly With Eyemart Express

    Eyemart Express is a leading optical retailer known for its commitment to providing new, quality eyewear before your coffee gets cold. When life happens, the company is there to help, with a goal of emphasizing speed without sacrificing attentive customer service. Eyemart Express provides expert support and a wide range of options that meet diverse customer needs.

    When you need new glasses for driving, Eyemart Express makes the process incredibly straightforward. Simply bring in your current prescription, and its knowledgeable staff will assist you in selecting the perfect frames and lenses for your safety and comfort. Whether you’re looking for lightweight designs or thin-templed options that enhance peripheral vision, this provider’s got you covered.

    If you need a new prescription, Eyemart Express can help you schedule an appointment with a partnering eyewear specialist or you can book one through its website. What truly sets the retailer apart is its in-store labs, which let you get your new glasses in a moment. Most orders are ready in no time, allowing you to hit the road with confidence and clarity.

    With its focus on designer glasses at prices that fit your wallet, you don’t have to compromise on style or functionality. Eyemart Express ensures you leave with the best eyewear solution, making your time on the road safer and more enjoyable.

    Frequently Asked Questions (FAQs)

    Consider these common questions when looking for a new pair of glasses.

    Can I Use My Everyday Glasses for Driving?

    Yes, you can, provided they correct your distance vision to meet the legal standards. If your current glasses are only for reading, computer work or other close-up tasks, they are likely not suitable and can be dangerous to drive with. If you need glasses while driving, contacting an optometrist or a top retailer to arrange a new prescription and upgraded eyewear is essential.

    Do “Night Driving Glasses” With Yellow Lenses Improve Safety?

    The American Academy of Ophthalmology found that yellow-lensed glasses do not improve driving safety at night. A better option is to use clear, prescription lenses with AR coatings to reduce glare without blocking light.

    How Often Should I Get My Eyes Checked for a Driving Prescription?

    For most drivers who wear glasses or contacts, eye professionals recommend a biennial exam to check a driving prescription. However, this frequency may vary based on age and specific health conditions. An annual checkup is more advisable when you turn 65.

    Drive With Confidence in Your New Glasses

    Purchasing the right prescription glasses for driving is not difficult. By focusing on quality brands and key features like lens coatings and your frame fit, you can make informed choices that improve your experience. Consulting professionals, such as those at Eyemart Express, can provide insights to help you find the perfect eyewear. That way, you’ll improve your vision and ensure a safer journey on the road.

  • Vietnam Airlines and Sun PhuQuoc Airways Ink Historic $30B Deal for 90 Boeing Aircraft

    Vietnam Airlines and Sun PhuQuoc Airways Ink Historic $30B Deal for 90 Boeing Aircraft

    Vietnam Airlines and Sun PhuQuoc Airways have entered into a significant agreement to acquire a total of 90 Boeing aircraft in a deal estimated to be worth over US$30 billion. The high-profile contract signing event was held in Washington, D.C., with the participation of Vietnam’s Party General Secretary To Lam and his official delegation.

    Purchases by Vietnam Airlines

    Vietnam Airlines aims to enrich its fleet with the addition of 50 Boeing 737-8 planes, a purchase valued at $8.1 billion. The carrier has planned the procurement timeline between 2030 and 2032. The airline’s strategic intent behind this acquisition is to leverage the new aircraft on its domestic routes as well as for reaching various destinations across Asia.

    Boeing’s best-selling aircraft, the 737-8, comes with a seating capacity of up to 200 passengers and a flight range of 6,570 km. This makes it an ideal choice for the airline’s regional and medium-haul routes.

    Purchases by Sun PhuQuoc Airways

    Sun PhuQuoc Airways, on the other hand, plans to invest $22.5 billion in purchasing 40 Boeing 787-9 Dreamliner aircraft. The 787-9 is a long-haul, wide-body aircraft with a flight range exceeding 14,000 km and the capability to seat 290 passengers.

    At present, Vietnam Airlines is the sole operator in the country of wide-body aircraft. Sun PhuQuoc Airways, having started its operations in the last quarter of 2025, has received its eighth narrow-body aircraft recently and is poised to acquire two more Airbus planes by the end of this month.

    The country’s largest private airline, Vietjet Air, also secured strategic partnerships during this event. These partnerships involve deals worth more than $6.3 billion with leading U.S. financial institutions and corporations.

    Questions & Answers

    What is the value of the Boeing aircraft purchase agreement between Vietnam Airlines and Sun PhuQuoc Airways?

    The total value of the agreement is estimated at over US$30 billion.

    How many aircraft does Vietnam Airlines plan to buy and for what purpose?

    Vietnam Airlines plans to buy 50 Boeing 737-8 planes, costing $8.1 billion, to operate on domestic and Asian routes.

    What type of aircraft does Sun PhuQuoc Airways intend to acquire?

    Sun PhuQuoc Airways intends to purchase 40 Boeing 787-9 Dreamliner aircraft, which are long-haul, wide-body planes.

  • Lawson’s Bold Expansion: 10,000 Stores Unveiled for India by 2050

    Lawson’s Bold Expansion: 10,000 Stores Unveiled for India by 2050

    Lawson, a convenience store chain co-owned by Mitsubishi Corp and KDDI, has announced its ambitious expansion plan into India. The company aims to establish a network of 10,000 stores across the country by 2050. This strategic shift towards India is driven by the saturation of Lawson’s domestic market and the desire for additional growth avenues.

    Initial Steps in India

    Lawson plans to establish its presence in India by initially launching five directly operated stores in Mumbai in the coming year. This is set to be followed by a more extensive roll-out through franchise and licensing agreements. With a goal of 100 stores by 2030, Lawson is keen to position India as a major contributor to its earnings, similar to its operations in China.

    Subsidiary Establishment and Product Localization

    To manage the site selection, supply chain development, and merchandising for its India operations, Lawson intends to set up a wholly-owned subsidiary in India this year. The company will outsource production and distribution to local partners in a bid to streamline operations.

    In response to local consumer preferences, Lawson will offer a specially curated product range. The retailer plans to accommodate dietary and religious practices with an expanded selection of meat-free and egg-free products. The stores will feature Lawson’s signature Japanese convenience items like onigiri rice balls and ready meals, along with locally popular items such as freshly brewed coffee and hot dishes.

    Global Expansion Plan

    Currently, Lawson operates over 7,000 stores in five countries including China, the Philippines, Thailand, and Indonesia. The company is set on doubling its international footprint to around 14,000 stores by as early as 2030.

    Entering the Indian market is a natural progression after Lawson’s efforts to speed up its expansion in Southeast Asia last year. This included signing franchise agreements with local retail partners and increasing the number of directly managed stores.

    Questions & Answers

    What is Lawson’s expansion plan in India?
    Lawson aims to establish a 10,000-store network across India by 2050, with the first five outlets launching in Mumbai in the coming year.

    How will Lawson cater to the Indian market?
    Lawson plans to tailor its product range to local tastes, offering an expanded selection of meat-free and egg-free products in line with dietary and religious practices.

    What is Lawson’s global expansion strategy?
    Lawson is planning to double its number of overseas stores to around 14,000 by 2030. This includes its recent expansion into Southeast Asia and the upcoming foray into the Indian market.

  • Embrace the 2026 Lunar New Year of the Fire Horse: Prosperity, Health and Retail Industry Updates Await!

    Embrace the 2026 Lunar New Year of the Fire Horse: Prosperity, Health and Retail Industry Updates Await!

    The team at Retail News would like to convey our warmest regards to our readers during the 2026 Lunar New Year, the year of the Fire Horse. We extend our heartfelt wishes to you and your loved ones for a year filled with robust health and bountiful prosperity.

    Our team will return on Thursday, 19th February, ready to provide you with more insightful industry developments, exclusive feature stories, authoritative opinions, and the most recent news and updates from the financial industry.

    We hope that you enjoy the festive season and all the joy and good fortune it brings. Here’s wishing you a spirited Kung Hei Fat Choi!

  • WhatsApp’s Major Redesign: Status Updates to Take Centre Stage in Latest Android Beta

    WhatsApp’s Major Redesign: Status Updates to Take Centre Stage in Latest Android Beta

    As social media evolves, two prominent trends have emerged: the prevalence of private chats and the popularity of temporary “stories,” which allow users to share snippets of their lives without leaving a permanent digital footprint. This shift towards more intimate and transient forms of communication is evident in the recent changes that WhatsApp is implementing.

    WhatsApp’s Interface Revamp

    WhatsApp, a widely-used messaging platform, is piloting an updated design that prioritizes status updates, or “stories.” The latest beta version of the Android app showcases a new approach to these status updates. The most recent updates from a user’s contacts now appear at the top of the Chats tab, presented alongside the profile pictures of those who have posted them.

    The stories that populate the top of the Chats tab reflect the user’s most frequent interactions. In other words, the status updates of those contacts the user frequently communicates with and who have shared a status update will be prominently displayed. However, the traditional Updates tab, typically found at the bottom of the screen, remains intact. This suggests that WhatsApp may not be planning to discard it entirely, although as this is an early beta version of the feature, the final outcome could potentially differ.

    The new design maintains one key feature from its predecessor: the ability to mute status updates. If a user has muted updates from a specific contact in the Updates tab, these updates will not appear in the new top bar. As of now, this redesign has been seen only in the Android beta version, and it is not yet clear whether it will be rolled out to iOS platforms.

    Transitioning towards a Social Media Platform

    While WhatsApp initially positioned itself as a simple chat service, it is rapidly expanding its offerings and pushing into the realm of social media with this new feature. Regardless of the fact that there are currently no banner ads within the app, WhatsApp’s parent company, Meta, could potentially generate revenue by users swiping through these stories, paralleling strategies employed by its other applications.

    Questions & Answers

    What significant change is WhatsApp experimenting with?
    WhatsApp is testing a new interface that prioritizes status updates, or “stories,” from users’ most frequently interacted contacts at the top of the Chats tab.

    Will the traditional Updates tab be removed with the new design?
    At this stage, the Updates tab appears to be preserved in the new design. However, as this is an early beta version of the feature, the final version could potentially differ.

    Could this change allow WhatsApp’s parent company, Meta, to generate revenue?
    While WhatsApp currently does not host banner ads, Meta could potentially monetize users’ interactions with their friends’ stories, in a manner similar to its other applications.

  • Japan’s Takashimaya Set to Unveil Luxury Shopping Mall in Hanoi’s Priciest Starlake Urban Area

    Japan’s Takashimaya Set to Unveil Luxury Shopping Mall in Hanoi’s Priciest Starlake Urban Area

    Japanese retail behemoth, Takashimaya, has announced plans to inaugurate a fresh shopping mall in the latter half of the impending year. The site for this new venture is the Starlake urban area, renowned for having the highest land rates in Hanoi.

    Construction Details

    The proposed shopping centre, stationed on plot C1-CC1 within the Tay Ho Tay (Starlake) urban expanse, will sit on a significant space of over 17,240 square meters. The construction plan is to have the mall feature 10 floors above ground and three basement floors, raising expectations of a spacious and well-planned shopping experience.

    According to predictions, the doors of this new mall could swing open to the public as early as the third quarter of 2027. Starlake’s reputation as the urban region with the highest land rates in Hanoi is expected to amplify the mall’s appeal. Current land prices in prime locations within the Tay Ho Tay urban area are valued upwards of VND114 million (US$4,392) per square meter.

    Previous Plans and Operations

    Takashimaya had previously hinted at its intention to launch a shopping mall in Hanoi, with plans being in place since as early as 2026. Takashimaya Chairman Yoshio Murata has been open about the company’s plans to invest approximately 2 billion yen (US$13 million) in the venture.

    This is not Takashimaya’s first foray into Vietnam. The company has been operating a high-end department store in the erstwhile central District 1 of Ho Chi Minh City since 2016. In addition to this, Takashimaya also runs a shopping complex known as The Loop, which was previously named Indochina Plaza Hanoi.

    Questions & Answers

    Where will Takashimaya’s new shopping mall be located?
    The new shopping center will be situated within the Starlake urban area in Hanoi, recognized for having the highest land prices in the city.

    What is the planned structure of the new Takashimaya shopping mall?
    The mall is expected to consist of 10 floors above ground and three basement floors, promising an expansive shopping area for consumers.

    Does Takashimaya have other operations in Vietnam?
    Yes, Takashimaya has been running a high-end department store in the central District 1 of Ho Chi Minh City since 2016. They also operate a shopping complex in Hanoi, known as The Loop.

  • Singapore Considers Classifying Blind Boxes as Gambling: Potential Impacts on the $11.38 Billion Industry

    Singapore Considers Classifying Blind Boxes as Gambling: Potential Impacts on the $11.38 Billion Industry

    Regulatory authorities in Singapore are currently evaluating whether blind boxes should be classified under the nation’s gambling laws, a decision that could profoundly influence the compliance mandates for retailers in the rapidly developing collectibles market.

    K Shanmugam, the Minister for Home Affairs and Law, stated that the Ministry of Home Affairs and the Gambling Regulatory Authority have examined the sale of blind boxes and are contemplating possible regulatory avenues.

    This evaluation comes on the heels of Singapore’s 2022 regulatory laws on mystery boxes. The authorities are contemplating initiatives like mandating probability disclosures and implementing measures to minimize risks of inducement. The primary focus appears to be on limited-edition figurines, as the government is considering the necessity of compulsory warning labels on blind box series, conveying the likelihood of consumers discovering the most rare items inside.

    In the meantime, the worldwide blind box industry, which was valued at US$11.38 billion in 2021, is projected to nearly double, hitting US$24.2 billion by 2033.

    The uncertainties remain regarding whether blind boxes could be formally incorporated into existing gambling laws or whether legislative amendments would be required.

    Blind boxes, which are sealed packages filled with random toys or figurines, have emerged as a powerful driver of foot traffic and recurring purchases for specialty retailers, toy stores, and mall kiosks. This business model primarily hinges on tiered rarity, with the allure of ‘secret’ or limited-edition variants prompting multiple purchases.

    For retailers, this review indicates potential alterations to product labeling, in-store advertising, and age-related regulations.

    Increased transparency requirements could potentially modify packaging norms and promotional strategies, particularly for businesses targeting youth-centric fan communities.

    Questions & Answers

    What is the current situation of blind boxes in Singapore?
    Singapore’s regulatory authorities are assessing whether blind boxes – sealed packages with random toys or figurines – should be classified under the nation’s gambling legislation, which could potentially change the compliance requirements for many businesses.

    What are the potential changes retailers could face?
    Retailers may need to adjust their product labeling, in-store marketing, and age-related regulations. They might also have to change their packaging norms and promotional strategies, especially those targeting youth-centric fan communities.

    What is the projected growth of the global blind box market?
    The global blind box market, valued at US$11.38 billion in 2021, is expected to almost double, reaching an estimated valuation of US$24.2 billion by 2033.

  • Wild Tech starts Microsoft Dynamics 365 program with Metro Department Store Singapore

    Wild Tech starts Microsoft Dynamics 365 program with Metro Department Store Singapore

    Wild Tech has commenced an engagement with Metro Department Store Singapore to support the retailer’s transition away from a long-running legacy environment and into the Microsoft Dynamics 365 ecosystem. Metro is one of Singapore’s established department store brands, operating physical stores including Metro Paragon and Metro Causeway Point.

    The engagement begins with a requirements and solution study, designed to clarify Metro’s future-state finance needs and establish a practical pathway to implementation. Metro’s broader modernisation program includes changes associated with financial and inventory practices, with the initial focus placed on ensuring finance foundations are fit-for -purpose before subsequent phases are considered.

    “This is exactly the kind of engagement where getting the foundations right matters more than rushing to configuration,” said Matthew Rodgers, Head of Microsoft APAC at Wild Tech. “Metro has been clear about moving into the Microsoft Dynamics world, and our role in this phase is to bring structure and transparency to the requirements, so the implementation approach is realistic, well-governed, and able to scale into future phases as confidence grows.”

    After assessing options within the Dynamics portfolio, Metro selected Dynamics 365 Finance & Operations (F&O) as the target platform. The program will be designed to support improved governance, control, and reporting capability, while creating a scalable base for future operational uplift across the wider retail environment.

    Wild Tech’s current scope centres on defining requirements, mapping priority processes, confirming data and reporting needs, and identifying key integration touchpoints typically required in retail environments. This includes establishing how finance will connect to upstream operational systems that influence inventory, costing, reconciliation, and management reporting. The work will also set out a staged roadmap intended to reduce delivery risk and avoid unnecessary disruption during transition.

     

  • Vietjet earns AirlineRatings’ “World’s Safest Airlines” recognition for 2026

    Vietjet earns AirlineRatings’ “World’s Safest Airlines” recognition for 2026

    Vietjet has once again been recognised by AirlineRatings, the world’s leading airline safety and product-rating website, as one of the world’s safest airlines for 2026. The airline has also consistently maintained a 7/7 safety rating from AirlineRatings since 2018.
    Vietjet continues to rank alongside leading global low-cost carriers, reinforcing its sustained commitment to delivering safe and reliable journeys for passengers.

    Sharon Petersen, CEO of AirlineRatings.com, said: “Vietjet Air has delivered steady growth while maintaining fleet continuity and a high level of operational reliability. Combined with a young fleet averaging and a flawless safety record over the years, this underlines a strong, safety-focused operation. Vietnam’s aviation sector is also now delivering its best results to date in International Civil Aviation Organization (ICAO) audits for safe, secure, and efficient international air transport.”

    AirlineRatings evaluates more than 320 airlines worldwide using a rigorous set of criteria, including incident data, fleet age, pilot training and international safety audits. This year, greater emphasis was also placed on turbulence prevention, alongside other industry indicators.

    Vietjet operates a modern fleet with a technical reliability rate of 99.72%, among the highest in the region. The airline holds IOSA (IATA Operational Safety Audit) certification as well as ISAGO certification for ground operations safety. Vietjet also actively participates in IATA safety enhancement programs and continues to invest long-term in training, maintenance and engineering, reinforcing the highest safety standards in both regional and global aviation.

    In support of its continued growth and operational efficiency, Vietjet has added 22 aircraft within just one month, the largest fleet expansion in the airline’s history, further strengthening its modern fleet and enhancing operational efficiency.

    AirlineRatings specialises in airline safety and product rating. It assesses airlines across multiple criteria and provides valuable guidance to millions of travellers worldwide when choosing airlines.

  • Singapore Retail Sales Momentum Cooldown in December after November’s Record Highs

    Singapore Retail Sales Momentum Cooldown in December after November’s Record Highs

    The rate of retail sales growth in Singapore experienced a significant deceleration in December, following an impressive surge in November.

    As per the data provided by the Department of Statistics, retail sales, excluding motor vehicles, saw an increase of 1.7 per cent in December. This figure shows a sharp contrast to the revised growth of 5.7 per cent reported in November, the most robust monthly gain of the year.

    The projected total retail sales value for December was approximately SG$4.1 billion (US$3.2 billion), with online sales contributing to 17 per cent of this figure.

    On a seasonally adjusted basis, December’s retail sales experienced a 6.7 per cent decline when compared to November.

    Sector-specific Performance

    In terms of year-on-year sales growth, the majority of sectors demonstrated an upward trend in the final month of the year. Leading the pack were recreational goods (13.4 per cent), computer and telecommunications equipment (12.8 per cent), and watches and jewellery (7.1 per cent).

    However, some other sectors such as supermarkets, convenience stores, cosmetics, and optical goods and books reported modest increases of less than 5 per cent.

    In contrast, petrol service stations faced a harsh 9.1 per cent drop in sales, followed by the food and alcohol sector, which saw a 7.1 per cent dip in sales.

    Food and Beverage Services

    Despite the overall dip in retail sales, the food and beverage services sector saw a marginal rise of 0.7 per cent in December. This, however, was a downslide from the 2.5 per cent growth the sector had witnessed in November.

    Questions & Answers

    What was the total projected value for retail sales in Singapore in December?
    The total projected retail sales value in Singapore for December was approximately SG$4.1 billion (US$3.2 billion).

    Which sectors experienced the most significant growth in December?
    The sectors that saw the most significant growth in December were recreational goods, computer and telecommunications equipment, and watches and jewellery.

    How did food and beverage services perform in December compared to November?
    The food and beverage services sector experienced a slight increase of 0.7 per cent in December, a decrease from the 2.5 per cent growth seen in November.

  • Aldi Unveils Bold Pricing Strategy: Slashes Rates on 300 Items in Battle with Major Supermarket Chains

    Aldi Unveils Bold Pricing Strategy: Slashes Rates on 300 Items in Battle with Major Supermarket Chains

    Aldi, a renowned supermarket chain, is altering its business approach to better compete with industry rivals such as Woolworths and Coles. This modification in strategy arrives shortly after Costco, another competitor, surpassed Aldi’s profits despite having a mere 15 brick and mortar establishments.

    Intensified Price War

    Aldi’s new tactic revolves around lowering the prices of around 300 selected products, aiming to provide customers with more affordable options compared to its competition. The company, in August 2025, posited that its prices are approximately 16.8% lower than the competition.

    In the words of the company spokesperson, “Our recent reductions in grocery prices present the perfect opportunity for customers to try out new products from our everyday range or to replenish their stock of beloved items.”

    Reducing Branded Goods

    Aldi Australia’s CEO, Anna McGrath, has also acknowledged that the company intends to decrease the number of branded goods available for sale. However, requests for additional commentary on this new business strategy from Aldi have thus far gone unanswered.

    During the ACCC Supermarkets Inquiry of 2024-2025, Aldi acknowledged its relatively limited product range. The company stated that it carries roughly 1,800 products, in stark contrast to the approximately 25,000 products that full-line supermarkets offer.

    Market Performance

    Aldi Australia, which commands a market share of around 9-11%, reported a sales figure of AUD 13.3 billion for the previous fiscal year and profits amounting to AUD 403.7 million.

    Questions & Answers

    What is Aldi’s new strategy to compete with Woolworths and Coles?
    Aldi is planning to decrease prices on around 300 products to provide cheaper alternatives to its competitors.

    How is Aldi’s product range different from full line supermarkets?
    Aldi carries about 1,800 products, far less than the approximately 25,000 products that full-line supermarkets typically offer.

    How is Aldi Australia performing in terms of market share and financials?
    Aldi Australia holds a market share of around 9-11%, and it reported sales of AUD 13.3 billion and profits of AUD 403.7 million in the last fiscal year.