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.

  • AirAsia joins hands with Workday

    AirAsia joins hands with Workday

    Two prominent outfits decide to join forces to stand out in the global market _ AirAsia has selected Workday Human Capital Management (HCM) as the partner of its digital transformation journey.

    AirAsia is a top-tier low-cost airline. The Kuala Lumpur-based company, which operates flights to more than 140 destinations spanning 22 markets, has tried to transform all of its business areas for improved efficiency and faster growth.

    As a part of its efforts, Malaysia’s biggest airline has rolled out Workday’s cloud technology for HCM to its 22,000 employees across the world. Workday is a leader in enterprise cloud applications for finance and human resources.

    Workday said that its HCM enables customers to uncover workforce insights for quicker and more informed decisions in optimizing human resources and talent management operations.

    “AirAsia’s digital transformation encompasses our people and culture as much as it does our business model. In doing so, we have looked closely at each stage of our Allstars’ career to see how best to leverage technology and use data,” said Varun Bhatia, chief people and culture officer of AirAsia.

    “Workday met our criteria for an enterprise-level, integrated, and cloud-based mobile HCM platform with strong reporting and analytics. We also appreciate Workday’s active and responsive partnership, along with strong customer support.”

    Workday Asia President Rob Wells also expressed his high hopes for the collaboration.

    “We are proud to be a partner to AirAsia, one of the most people-centric airlines in the world and a company that shares our vision of digital innovation and empowering people,” Wells said.

    “We will be working closely with AirAsia in its journey to transform its employee experience and maintain its position as one of Asia’s largest and leading low-cost airlines.”

  • My Japanese Beauty Fantasy launched with Watsons

    My Japanese Beauty Fantasy launched with Watsons

    Japanese cosmetics & personal care brands Anessa, Senka, and Tsubaki have partnered with Watsons Singapore to launch a My Japanese Beauty pop-up store in Orchard Road.

    The three Shiseido brands are hosting the store from September 20 to October 20 at a location just outside Takashimaya as an educational and experiential event that invites the public to discover the secrets of Japanese beauty on a multi-sensorial journey.

    The pop-up brings to life Shiseido’s heritage and showcases the three brands. Visitors will discover eight historical products, all Shiseido Museum artifacts flown out of Japan for the first time with special escort and white-gloved treatment. Highlights include first-generation products such as Tsubaki’s Classic Shampoo and Conditioner, Anessa’s Sunscreen Milk, and Senka’s Perfect Whip.

    Adding an immersive element into the event are high-tech digital touchpoints that are triggered by footsteps to deliver sound, music, and animation. Guests will also be introduced to customized collagen tea and interactive product-discovery experiences. Guiding them along the way is a pop-up experience microsite, accessible via the Watsons app/website or a QR code. The seamlessly integrated platform enables them to navigate the space like a museum and offers tasks for them to complete. It is also an offline-to-online shopping app that allows users to scan QR codes to read product descriptions and add items to their carts. After checking out online, Watsons will deliver their shopping to them within the next few days. If guests prefer buying on the spot, they may also purchase products from a cashless vending machine or at an on-site store.

    Watsons Singapore is Shiseido Singapore’s “strongest supporter and top local beauty retailer” according to a statement released by the group.

  • GIC buys into Vietnam’s Vingroup retail group

    GIC buys into Vietnam’s Vingroup retail group

    A GIC-led investment group has purchased a minority shareholding in a Vingroup JSC retail business for US$500 million.

    The Vietnamese business, VCM Services and Trading Development JSC, is a recent venture set up to oversee the group’s VinMart-branded supermarket and convenience store chains.

    A statement by the Singapore sovereign wealth fund released last week stated that the subsidiary and its parent firm had “established themselves as reputable retail companies with attractive brands in Vietnam’s fast-growing consumer market”

    GIC’s investment is intended as a signal of confidence in the growth outlook for disposable incomes and household consumption in Vietnam.

  • AirAsia’s Latest A321neo Receives A Funky Paint Job

    AirAsia’s Latest A321neo Receives A Funky Paint Job

    Low-cost carrier AirAsia has given the world a sneak peek of an eye-catching livery for its new A321neo. The Malaysian airline is due to receive its first of the largest A320 family aircraft in the coming weeks.

    AirAsia revealed the order for the A321neo at the Paris Air Show this year. The airline announced a conversion of 253 A320neos to the larger A321neos, to make AirAsia the largest customer in the world for this type.

    In a post to the airline’s official Twitter feed, AirAsia gave us a sneak peek at their color scheme for the forthcoming A321neo. While most of us would have assumed it would take on the iconic red livery of AirAsia’s fleet, it seems they’re going for something a bit different with this aircraft. Deliveries like this, while not unheard of, are a rarity in the world of aviation. Indeed, there are some good reasons why aircraft, as a rule, are mostly painted white. However, AirAsia is not afraid to stand out from the crowd.

    In fact, many low-cost carriers are known for more colorful liveries. Easyjet aircraft are easy to spot in their bright orange coats, and WOW air’s purple planes will be missed on aprons around the world. For an LCC, branding is crucial, and AirAsia will certainly be recognizable with this plane.

    You can see the livery taking shape in the video below, shared by AirAsia on Twitter.

    Why the A321neo?

    The upscaling of the order back in June at the Paris Air Show was a major boon for Airbus. While none of them were fresh orders, all being converted from existing A320 orders, it was the biggest order for the larger variant of the narrowbody to date, and a massive vote of confidence for the type.

    The A321neo is the longest variant of the popular A320 family of aircraft. With the neo improvements onboard, which include new generation engines and fuel saving Sharklets, it’s 20% more efficient than its predecessor.

    The A321neo will be the ‘backbone’ of the AirAsia fleet. Photo: AirAsia/Twitter
     

    Clearly, a bigger aircraft that is cheaper to fly will make it possible for AirAsia to sell seats at the lowest possible price. The airline confirmed this in the post, when it said that,

    “The A321neo will be the new backbone of our operations as we continue to make flying affordable for everyone.”

    With 253 on order, AirAsia is clearly banking on the A321neo being a massive success. We can’t wait to see this colorful plane arriving at airports all over the world!

  • Woolworths comes out on top for diverse employment

    Woolworths comes out on top for diverse employment

    Woolworths Group has taken the top spot in Asia Pacific and ranked 19th globally in the 2019 Refinitiv Diversity & Inclusion (D&I) Index. This is the second year in a row that Woolworths ranked number one in Australia on the index.

    Beverages giant Diageo UK was number 2 on the global list, L’Oreal SA (France) came in at number 12, while Nestle SA (Switzerland) and Johnson & Johnson (US) came in 22nd and 27th respectively. Companies from the US, UK, and Australia dominated the top 100 list of diverse and inclusive businesses.

    Woolworths Group was recognized for continued focus on LGBTI inclusion, refugee employment programs, and the launch of the company’s second Reconciliation Action Plan (RAP). Head of diversity and inclusion Rachel Mead said the Group is proud to be ranked in the global top 20 once again.

    “Together with our 190,000 of our team members, we are delighted to be recognized for our efforts to build an inclusive culture that celebrates diversity in all its forms,” Mead said.

    “It’s this diverse mix of talent that enables us to engage, innovate and create better experiences for our teams and customers.”

    Woolworths has more than 3600 Aboriginal and Torres Strait Islander team members across the Group, and launched its second RAP in July 2019.

    Earlier this year the Group was awarded gold tier status at the 2019 Australian LGBTI Inclusion Awards for the second consecutive year and remains the only retailer in Australia to be awarded this status.

    Mead said that as a “customer-led business”, it’s “critically important” that team members reflect the communities they serve.

  • Lianhua Supermarkets highlights ‘togetherness’ in branding revamp

    Lianhua Supermarkets highlights ‘togetherness’ in branding revamp

    Chinese state-owned retailer Lianhua Supermarkets has undergone a complete brand refresh, after 28 years of trading.

    The new look, including a refreshed logo and instore signage and design, is being rolled out across the retailer’s 42 stores in China including Shanghai, Hangzhou, Anhui, Guangxi, and Henan.

    Like many traditional Chinese retail brands, Lianhua’s efforts to attract and retain customers until now were focused on in-store promotion and pricing. However, Chinese consumers have become more sophisticated and the market is more competitive now, meaning brands have to stand out from the crowd and develop a connection with their customers.

    “Numerous digitally-driven and technology-led retail brands have seized the market share and disrupted China’s retail industry bringing fresh and seamless online to offline retail experiences to China’s increasingly discerning consumers,” said a Superunion managing creative director Ray Lan. “In order to deal with the external challenges, Lianhua felt the need to change and define touchpoints to re-establish the connection with consumers amidst fierce competition in China’s retail industry.”

    The agency’s team started the project by interviewing staff and management to understand brand and what it meant to the people who work there. Through this process, Superunion uncovered unique aspects of Lianhua’s culture – from the older, more experienced employees, to their reliable supply chain and neighborhood-oriented stores.

    “The high market coverage of stores is also the biggest difference between Lianhua and its peers. These strengths are part of Lianhua’s long-held heritage and are more pertinent than ever amidst China’s fast-moving, overwhelmingly dense information society, a society that increasingly fears losing meaningful connection,” said Lan.

    Togetherness

    This insight is the core of the brand’s newly created brand positioning of Togetherness, aiming to nurture relationships and solve the pain points that consumers experience in a fast-paced life. Through Togetherness, Lianhua has re-examined the nature of retail and created a more satisfying consumer experience providing high-quality products and consumer services, giving them a more unique positioning in a highly competitive market.

    “Togetherness has been visualized as an elaborate ribbon that ties all elements together. The new eye-catching store signage has become a highlight on the streets of the Yangtze River Delta region with the new key visual communicating a sense of connection among Lianhua, shoppers and the community.”

    As part of the corporate rebranding process, a cross-functional brand committee and a brand team have been established to provide professional brand management training and to ensure the brand transformation progresses smoothly, with passion and engagement from within the organization, both at head office and in-store. Lianhua employees and consumers believe the new logo and brand image brings a modern touch to the household name and is expected to attract younger generation to the store.

    The first stage of the brand rollout will be completed by the end of this year, by which time all stores will have new livery, in-store design, staff uniforms and signage.

    Lan says customer response to date has been positive, with the fresh new look in-store vastly improving the Lianhua brand experience.

    “Creating the Lianhua brand identity was a challenging but fun journey. The new key visual – the “ribbon” – reflects the brand positioning “togetherness” in a very smart way, endowing it with a more vivid and concrete representation. It has become a powerful visual asset of Lianhua, enriching the brand through various touchpoints, and communicating what the brand stands for to customers.”

    Doreen Cheng, CMO, Lianhua Supermarket Holdings, said the company believes retail has the power to bring communities together.

    “Superunion helped Lianhua build a unique brand model of togetherness that comes from the intersection between Lianhua’s strengths (coverage and resource) and the cultural disconnection being felt in Chinese communities. Togetherness will differentiate Lianhua in the competitive retail market, creating a holistic platform for the brand.”

  • Eros Now partners AirAsia’s in-flight WiFi service provider

    Eros Now partners AirAsia’s in-flight WiFi service provider

    Eros Now, the Indian over-the-top (OTT) entertainment platform, has entered into a partnership with Rokki – AirAsia’s in-flight WiFi service provider. The deal will provide flyers access to Eros Now’s content on their own devices, while onboard WiFi-enabled AirAsia flights.

    With the deal in place, AirAsia WiFi will host Eros Now’s content for free. It will also host a microsite that will enable guests to discover more of the OTT platform’s offerings and purchase discounted subscription plan vouchers on-board, offering one-month access to the OTT platform’s premium content including over 12,000 Bollywood movies, original shows, Quickies, music, and other content.

    “On-the-go consumers are always on the lookout for interesting content. Our intent has always been to deliver the best of services to meet end-users’ demands and expectations. By partnering with Rokki we plan to attract the in-flight consumers by offering Eros Now’s vast collection,” said Rishika Lulla Singh, CEO, Eros Digital.

    “In line with Rokki’s continuous efforts to transform the in-flight experience through our key offerings – entertainment, connectivity, and e-commerce – our partnership with Eros Now is another step towards creating a dynamic and engaging experience through content-driven commerce,” said Sargunan Seenivasan, head of Rokki.
  • Muji sends excuses for Shanghai slur on social media

    Muji sends excuses for Shanghai slur on social media

    Japanese retailer Muji has issued an apology to the Chinese people for referring to a historic neighborhood in Shanghai as the “French Concession” in a social media post.

    The term refers to a time in history when parts of the city were conceded to foreign countries, a period many Chinese people view as an insult to China’s sovereignty. The name is still commonly used in the city for the district that still retains some of its former European characters, and where Muji’s flagship store is now located.

    Some social media users were angered by the firm’s use of the term in promoting a walking tour around the neighborhood.

    The statement issued by Muji an apology for using the term read: “We had no intention of hurting Chinese people’s feelings. We fully respect China’s culture and history.”

    The brand’s walking tour promotion has been canceled and the offending post removed.

  • Twitter’s darker Dark mode for Android is delayed

    Twitter’s darker Dark mode for Android is delayed

    Back in March, Twitter introduced Lights Out, a revised version of its native Dark mode option. Instead of the dark blue background with white text that it was using with its Dark mode, Lights Out features a true dark black background and white text. Not only does the dark black look better than the blue, but it also saves battery life on phones with OLED screens. That’s because these displays create the color black by turning off the appropriate pixels thus lowering the demand for power from the battery.

    The Lights Out feature launched on iOS back in March. To enable it, users go to Settings > Display and sound > Dark Mode > Lights Out. The old Dark mode option with the blue background is now called “dim.”

    When Twitter announced Lights Out back in March, it had yet to disseminate a timeline for its appearance in the Android app. Last week, Twitter’s VP of Design and Research, Dantley Davis, sent a tweet with an update for the Android version of Lights Out. Davis wrote, “The feature is coming soon, but has been delayed a bit as we work on polishing the experience. Here’s a screenshot of the current build (we’ve included it below). Looking forward to getting this much-anticipated feature to Android users. We appreciate your patience.”

    While waiting for Lights Out to hit the Android version of Twitter, users can still use the current version of Dark mode which can be enabled by going to Settings > Display and sound > Dark mode. On Android, users can select to turn Dark Mode on or to have it activated automatically at sunset.

  • Thailand’s Central Group names new executive commitee

    Thailand’s Central Group names new executive commitee

    Thailand’s Central Group has appointed Stephane Coum as CEO of Central Food Retail Group.

    The appointment coincides with Alistair Taylor being handed the role of president of Central FamilyMart. Both appointments are part of the firm’s strategy to develop borderless retail and digital technology.

    Central runs food stores and supermarkets in the territory, with its Central FamilyMart subsidiary responsible for its convenience stores.

    Stephane Coum has worked in the global retail industry for more than 20 years, and was previously operations director for Carrefour Italia.

    A statement by the firm said Coum will lead CFRG to become a leader in innovation, gaining market share and growth in sales and profits. He aims to transform the business through the use of technology and digital tools.

  • Singapore retail sales down again in July

    Singapore retail sales down again in July

    Singapore retail sales in July fell by 2.4 percent after motor vehicles were excluded from the data. Month on month, sales were down by a marginal 0.7 percent.

    Total Singapore retail sales in July were estimated at about S$3.6 billion, with online sales accounting for an estimated 5.6 percent of that total.

    Year-on-year basis, sales of the furniture and household equipment, and computer and telecommunications equipment industries declined by 8.3 percent and 7.7 percent respectively, due mainly to lower demand for household equipment and handphones, according to Statistics Singapore.

    Sales of watches and jewelry and recreational goods, as well as department stores, all registered declines of between 3.6 percent and 6.2 percent. In contrast, sales of medical goods and toiletries registered a growth in sales of 1.9 percent, while sales by supermarkets and hypermarkets increased by 0.9 percent.

    Year-on-year, sales of food and beverage services grew by 3.2 percent in July.

    Month on month, sales were down by a marginal 0.7 percent.

    Total Singapore retail sales in July were estimated at about S$3.6 billion, with online sales accounting for an estimated 5.6 percent of that total.

    Year-on-year basis, sales of the furniture and household equipment, and computer and telecommunications equipment industries declined by 8.3 percent and 7.7 percent respectively, due mainly to lower demand for household equipment and handphones, according to Statistics Singapore.

    Sales of watches and jewelry and recreational goods, as well as department stores, all registered declines of between 3.6 percent and 6.2 percent. In contrast, sales of medical goods and toiletries registered a growth in sales of 1.9 percent, while sales by supermarkets and hypermarkets increased by 0.9 percent.

    Year-on-year, sales of food and beverage services grew by 3.2 percent in July.

  • Shanghai Tang and the Ritz-Carlton hotel collaborate on tea set

    Shanghai Tang and the Ritz-Carlton hotel collaborate on tea set

    Luxury fashion label Shanghai Tang and the Ritz-Carlton hotel are collaborating on an afternoon tea set inspired by the Ritz-Carlton hotel’s rich heritage with a modern twist.

    Celebrating Shanghai Tang’s 25th anniversary this year, the afternoon tea set transforms the brand’s aesthetics and craftsmanship into edible works of art. The Chinese-inspired afternoon tea set boasts a combination of both savoury and sweet delicacies.

    “I incorporated more Chinese elements into the Shanghai Tang afternoon tea,” said the firm’s executive pastry chef. “Ingredients such as red dates and lychee that are often seen in Chinese desserts were used, for example, to highlight Shanghai Tang’s Chinese legacy.”

    As part of the label’s 25th anniversary celebration this year, Shanghai Tang and the Ritz-Carlton hotel are thrilled to team up, said Shanghai Tang’s creative director Victoria Tang-Owen.

    “The Silver Jubilee tea set pays tribute to the brand’s 25 years of heritage and serves up a delicious taste of Shanghai Tang’s authentic and disruptive spirit with every bite.”

    The three-tiered afternoon tea stand is shaped to mimic the birdcage – an iconic collectable in Chinese culture. The four savory bites and six desserts are especially designed to highlight modern Chinese aesthetics and Shanghai Tang’s signature motifs.

    Shanghai Tang’s Silver Jubilee Capsule Limited Edition is a key source of inspiration for the afternoon tea sets.

  • Malaysian retail sales sets record in July

    Malaysian retail sales sets record in July

    Malaysian retail sales grew by 7.1 percent in July.

    Combined with the wholesale trade, a new record high of RM112.5 billion (US$26.94 billion) turnover was set for the month.

    According to Malaysia’s chief statistician Datuk Seri Dr Mohd Uzir Mahidin, the retail trade alone grew by 7.1 percent, that figure fuelled by a 10.5-per-cent growth in sales of food, beverages, and tobacco.

    This was followed by retail sales of other goods in specialized stores and retail sales in non-specialised stores which registered 8.2 percent and 8.1 percent respectively.

    For wholesale trade, sales value expanded 6.6 percent. However, sales of motor vehicles fell by 1.7 percent year on year.

    Growth on a month-on-month basis in combined wholesale and retail sales rose by 0.2 percent, with the retail trade up by 1.1 percent and wholesale transactions down by 2.3 percent.

  • AI for India’s BFSI & NBFC Sectors Move Beyond Experimentation

    AI for India’s BFSI & NBFC Sectors Move Beyond Experimentation

    As the global race for Artificial Intelligence (AI) leadership intensifies, India has begun to catch up with countries like United Arab Emirates, South Korea, the United States, Germany, Singapore and Japan in the mainstream adoption of AI-based technologies. The Indian BFSI & NBFC sectors are undergoing a dramatic change with the growing realization of AI’s importance among business leaders and have put them at the forefront of exploring the full enterprise potential of AI use-cases for their businesses.

    The applications of emerging technologies in the banking and non-banking sectors has become a critical topic of discussion today. Given that India is serious about digitization, Trescon hosted its 11th global edition of World AI Show which was a dedicated spin-off of the global AI series that focused on business applications of AI in BFSI and NBFC. The conference was held in Mumbai – ‘Financial Capital of India’ to hear what industry leaders had to say about the progress in AI adoption across India’s BFSI & NBFC sectors. On Friday, Mumbai saw top C-level executives such as Inderjit Sehrawat, Managing Director for Kryon; Vivek Zakarde, Head – Analytics, BI & DWH at Reliance General Insurance Company Limited; Dr. Puneet Kaur Kohli, CTO of Manappuram Finance Limited and Sunit Vakharia, CIO for Bank of Baroda Financial Services Limited among other top speakers who came together to break down real-world industry use-cases, workshops and discussions on adoption challenges of AI & RPA for enterprises.

    The theme for the conference revolved around “Enabling the Use of AI for the Future of Finance“, especially AI’s significant application in areas such as customer experience, automation, fraud and risk management and enterprise digitization growth in the Indian BFSI and NBFC industry.

    Few key high-level takeaways from the conference:

    • A Tech Talk from Amod Kabade, Head SSG (Specialist Solutions Group) at Boston Limited on how the challenge of digital transformation is leading to an explosion in technology opportunities.
    • Inderjit Sehrawat, Managing Director for Kryon gave a tech talk on automation at scale and the right way for organizations to accelerate its digital journey.
    • A comprehensive workshop was conducted by Rajkumar Devulapalli, Head of Professional Services and Support APAC at Spirent Communications on proactive Cybersecurity training which covered the Cyber Range as an important tool to effectively evaluate network elements and train cybersecurity professionals across enterprises and organizations.
    • Ramprakash Ramamoorthy, Product Manager – AI & Machine Learning for ManageEngine which is a division of Zoho Corp, delivered a tech talk on how to build an AI-powered IT infrastructure.
    • Maneesh Jhawar, Founder & CEO of QualityKiosk Technologies; Prateek Kapoor, Director Transformation & Automation COE for Aon and Ankit Goenka, Head of Customer Experience at Bajaj Allianz General Insurance Company Ltd, were part of a panel discussion that highlighted how AI is radically changing customer experience by creating human-centric digital services in the BFSI Sector.
    • Discussions at the conference also centred on how NBFCs can adopt AI into their current digital infrastructure to reduce time-to-decision and boost pro-active risk management.
    • AI’s ability to detect patterns in data to help identify fraudulent claims in the insurance industry.

    World AI Show (BFSI & NBFC) also featured the Big BFSI & NBFC Awards that honoured the top thought-leaders who are bringing about a significant change in their organisations and industries through technology implementation and strategies in applying future technologies.

     

  • Hong Kong Customs seizes counterfeit sport shoes

    Hong Kong Customs seizes counterfeit sport shoes

    Hong Kong Customs seized about 12 000 pairs of suspected counterfeit sports shoes on Monday, with an estimated market value of about $1 million.

    The fake goods were discovered in a shipping container at the Customs Cargo Examination Compound of the River Trade Terminal in Tuen Mun.

    However, the shoes were not destined for the local market. Through a routine risk-assessment program, Customs officers inspected a 40-foot-long container destined for the Dominican Republic that arrived in Hong Kong from Huangpu in Guangdong. Upon inspection, Customs officers seized the batch of suspected counterfeit sports shoes in the container.

    The counterfeit sports shoes were not clearly branded in the image released by Hong Kong Customs (above).  Investigations are continuing.

    Under the Trade Descriptions Ordinance, any person who imports or exports any goods to which a forged trademark is applied commits an offence. The maximum penalty upon conviction is a fine of $500,000 and imprisonment for five years.