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.

  • Global personal luxury goods market growth endures

    Global personal luxury goods market growth endures

    Global personal luxury goods market growth has reached a “new normal” pattern, following back-to-back years of strong performance in 2017 and 2018, according to the luxury goods industry advisory service Bain & Company.

    Last year, 6 per cent global growth* led to €260 billion (US$292 billion) in sales, which is expected to balloon to €271–276 billion ($304.3–310 billion) this year, registering an expected 4-per-cent to 6-per-cent growth at constant exchange rates.

    According to Bain, the growth has been driven primarily by the acceleration in domestic spending of mainland Chinese consumers and an increase in European tourism, which, despite socio-political turmoil in countries like the UK and France, fuelled positive growth in the region through last year’s holiday season.

    Meanwhile a temporary weakening of consumer confidence in North America, as well as a decrease in traffic to malls and department stores, negatively impacted personal luxury spending during last year’s holidays stateside.

    The findings were part of the Bain Luxury Goods Worldwide Market Study, Spring 2019 presented this week in collaboration with Fondazione Altagamma, the Italian luxury goods manufacturers’ industry foundation.

    “This year looks to be on par with our new normal of growth in the market,” said Bain & Company partner and lead author of the study Claudia D’Arpizio. “China continues to dominate the luxury scene. Elsewhere we are continuing to see geopolitical uncertainty shape and reshape tourism spending patterns, with Chinese consumers choosing to spend domestically with more frequency. Overall we are seeing moderate growth in most markets.”

    The report showed that mainland Chinese consumers are demonstrating a strong preference for purchasing luxury goods at home thanks to price harmonisation, consumer-centered strategies, and governmental initiatives. Solid consumer confidence and willingness to buy, especially among young generations, are expected to drive year-over-year growth of 18–20 per cent* in the region.

    Japan remains an exclusive and attractive market for luxury brands, with forecasted growth of 2–4 percent* in 2019. Tourist spending is expected to rise ahead of the Tokyo Olympics in 2020, with Chinese consumers already confirming their interest in the area.

    Across the rest of Asia the outlook is positive, apart from Hong Kong and Macau, which continue to lose out to Mainland China. Bain & Company asserts that the luxury market in the region is set to grow by 10–12 percent*. An expanding middle class with increasing disposable income is fueling growth in Indonesia, Philippines and Vietnam, while sustained growth in South Korea is the result of local consumers and a mild rebound of tourism.

    The rest of the world is expected to be flat or see a slight decrease of 2 per cent*, with the Middle East remaining stagnant as domestic consumer spending begins to flow outside of the region.

    “We expect stable growth in 2019,” said D’Arpizio.  “But under the surface of this new normal, the future of luxury is taking shape with a number of key characteristics, including Chinese Generation Z, access, ownership, sustainability and social responsibility, the impact of digital across the entire value chain, preference for luxury experiences over products, and consumer networks as a new measure of value.”

  • China to become world’s largest grocery market by 2023

    China to become world’s largest grocery market by 2023

    China is set to overtake the US to become the world’s largest grocery market by 2023 in value terms, according to new forecasts.

    Studies from international researcher IGD Asia have shown the country’s total market size will reach RMB11.0 trillion (US$1.8 trillion), more than Asia’s next four largest grocery markets (India, Japan, Indonesia and South Korea) combined.

    “China will not only retain its position as Asia’s largest grocery market by 2023, it will also overtake the US to become the world’s largest,” said IGD head of Asia Pacific Nick Miles. “The market is expected to have a CAGR of 5.5 per cent, on par with Sri Lanka and Thailand, but slower than markets such as India, Vietnam, Indonesia and the Philippines, where the economy is growing faster.

    “Less than half of grocery sales in China currently go through traditional trade and as the market continues to mature, we expect traditional trade to continue losing share to modern trade. As the total market size expands, traditional trade will still grow, but at a much slower pace over the next five years (forecast CAGR of 0.8 per cent), compared with the growth rate of modern trade (forecast CAGR of 8.5 per cent).”

    Development of modern trade in China over the next few years will be largely driven by ongoing store expansion, according to IGD’s research, as well as strong performances from the online and convenience channels.

    “Convenience will be the fastest-growing physical store channel, driven by Alibaba and JD transforming traditional mom-and-pop stores, retailers opening smaller format stores and both local and overseas players expanding their networks through partnerships,” said Miles. “Online and offline integration will drive online growth. As the fastest-growing channel, we forecast online to contribute up to 11 per cent of sales in 2023.”

    Hypermarket share will decline

    Meanwhile, IGD forecasts that hypermarkets will see their share of China’s total grocery retail market reduce from 22 per cent last year to 18 per cent in 2023, while the market share of supermarkets will remain steady, close to 20 per cent.

    IGD research has also found that China’s leading grocery retailers will grow at varying rates to 2023. E-commerce giants such as JD and Alibaba are set to see significant growth from both online and offline channels and become the second- and third-largest grocery retailers in China respectively. Meanwhile, retailers with nationwide networks such as Sun Art, Yonghui, Walmart, CRV and Carrefour will benefit from ongoing expansion, partnerships with e-commerce and tech companies, improved efficiencies, and investment in small formats. Regional players such as NGS and Wumart will continue to focus on profitability.

    “With such strong market growth to 2023, trading in China has vast potential, whether supplying directly to physical stores or via online marketplaces,” concluded Miles. “However, there are huge changes taking place that suppliers need to consider. Online giants are reshaping China’s retail landscape with their strong logistical and technical capabilities, so suppliers should understand this new path of purchase and design meaningful ways to reach their shoppers. Expansion through local partners will also remain a key route to market in China, so customer strategies must take into account the strong alliances forming between e-commerce players and bricks and mortar retailers.

    “There’s also a huge RMB1.7 trillion ($245.57 trillion) growth opportunity in convenience and online in the next five years, which can be captured by understanding trends and retailer strategies and allocating resources accordingly. But we would also urge suppliers not to neglect traditional trade, which will still account for about one-third of FMCG sales in 2023. As the channel modernises, it will provide new ways to reach new shoppers.”

  • China sales Profit Down for Lululemon Athletica

    China sales Profit Down for Lululemon Athletica

    Lululemon Athletica has reported a massive 70 per cent growth in first-quarter China sales, part contributing to a stellar performance globally.

    Both sales and profit exceeded the company’s forecast and analysts expectations. Sales of its relatively new men’s range grew 26 per cent proved another highlight.

    “Our guests responded well to both our men’s and women’s assortments,” CEO Calvin McDonald told analysts on a conference call after the results were released.

    “They engage with us across channels as our store and digital businesses were both strong and our brand continues to resonate well in our core North American market, as well as in Europe and Asia Pacfiic.”

    Earnings surged 28.5 per cent in the quarter to May 5, reaching to US$75.2 million, on sales up 20.4 per cent to $782.3 million. However those figures were boosted a little by a shift in the calendar. Taking that into effect, and on a same-store basis, sales rose 14 per cent.

    Sales in Asia rose 40 per cent, led by China’s 70 per cent gain. The Canadain company opened its first stores in three new Chinese cities during the quarter: Shaanxi, Xi’an and Chongqing. It plans to add as many as 12 more to its network this year.

    Lululemon also relaunched its Chinese website to complement its presence on Tmall and WeChat and websites in Japan and Korea were also launched.

  • Rimowa unveils an Alex Israel pop-up at Lane Crawford

    Rimowa unveils an Alex Israel pop-up at Lane Crawford

    Premium luggage retailer Rimowa will showcase its newest special edition collection – created in tandem with LA-based contemporary artist Alex Israel – at a temporary pop-up store at Lane Crawford in Hong Kong.

    The Rimowa x Alex Israel pop up will be open until tomorrow, marking Rimowa’s first-ever collection of colour-graded suitcases produced with an anodisation process that characterises the signature look of the collection.

    Inspired by the designs, the pop-up features vibrant colours, a photo-op mirror room, sticker walls, and a colourful handmade ice pop bar designed to exude a “quintessentially Los Angeles vibe”.

    For the Rimowa x Alex Israel collaboration, Israel has reimagined the suitcases in colours based on the LA sunset, drawing directly from the palettes of his “Sky Backdrop” and “Untitled (Flat)” paintings, while using new printing techniques to transfer his signature hues onto aluminum.

    Based on the brand’s Rimowa Original Cabin Plus, the collection features two versions of the signature Rimowa x Alex Israel luggage in two distinct colour gradient palettes. The designs feature vibrant, colour-matching wheels and details, custom luggage lining, and a set of luggage tags featuring the artist’s multi-coloured profile. It also includes a special edition luggage sticker set featuring graphic illustrations of iconic LA landmarks and Israel’s artworks.

  • Singapore Airlines and the art of airline management

    Singapore Airlines and the art of airline management

    Airlines compete to provide the best flying experience to passengers, in terms of safety, comfort, punctuality, hospitality and meals provided on-board. If you are a business or first-class traveller, you get that extra care and attention from the cabin crew. But behind those services are various training programmes, joint ventures with multiple organisations and immense planning.

    A look at what happens behind the scenes of one of Asia’s best airlines, Singapore Airlines.

    As safety of passengers hinges on the expertise of pilots, most pilots undergo recurrent/refresher training programmes at least twice a year.

    All the pilots from Singapore Airlines, who operate Airbus fleet, are trained in the Airbus Asia Training Centre (AATC) — a joint venture between Singapore Airlines (45 per cent) and Airbus (55 per cent). AATC, located in Singapore, trains about 6,000 pilots every year from 60 different airlines.

    Depending on the qualifications and experience of the pilot, the training programme at AATC spans between three days and one month. The three training technologies used in AATC include interactive training applications such as Airbus Cockpit Experience (ACE), Airbus Pilot Transition (APT) and Full Flight Simulators (FFS).

    ACE replicates the airplane’s cockpit either on a laptop or a tablet from which the pilot learns about aircraft systems and procedures, digitally. The APT is a fixed cockpit set-up that gives an idea about the position and functioning of an Airbus cockpit.

    And FFS simulates the aircraft and the environment in which it flies. It allow pilots to be trained in scenarios, such as take-off, landing, emergency landing and water landing; it may not be possible for pilots to undergo training in a few of these on a real aircraft.

    Behind Singapore Airlines’ in-flight meal, there’s enormous planning on the quantity and quality of meals, menus and meal specification for each class, raw material requirements, introduction or inventory of kitchen equipment, timely delivery and managing food waste.

    To meet the meal requirements for flights departing from Singapore, the Airlines has outsourced these catering services to SATS — the chief ground-handling and in-flight catering service provider at Singapore Changi Airport. SATS, in Singapore, prepares 120,000 meals per day.

    SATS operates with a team of food technologists, dietitians and culinary chefs who work together to develop various menus. Singapore Airlines, on its part,develops meals for the premium cabin classes, in association with celebrity chefs, including Alfred Portale from New York and Sanjeev Kapoor from India.

    Then, the ‘Think Lab’at SATS conducts various tests essential to the product’s development process. Further, the new items are tested in a simulated cabin, that recreates in-flight conditions when it is cruising at 30,000 ft. This is to assess the actual in-flight experience of the food, as our taste buds work differently at different altitudes. To prepare and process the meal, SATS uses new technologies such as omelette vending machine and a rice line that is capable of cooking varieties of rice — Jasmine rice, Japanese rice, Indian basmati rice and flavoured chicken rice.

    Recently, SATS also invested in a pasteurisation and sterilisation technology that can supposedly extend the shelf life of freshly cooked food from two to 90 days.

    Apart from food technologies, SATS is also making use of other scientific advancements, robots within its premises to carry food from one destination to another.

    At Singapore Airlines Training Centre, one can see well-groomed girls and boys training for cabin services, security and emergency evacuation drills at various aircrafts’ cabin mock-ups for first, business, premium economy and economy classes.

    The cabin crew are given training in activities that are construed as trivial, such as arranging news-papers, selecting appropriate glasses for each variant of beverage and serving meals of various cuisines — Indian, Chinese and Japanese. For instance, placing chop-sticks appropriately in Chinese and Japanese meal trays.

    One facility that catches everybody’s attention during a visit to this training centre is the wide swimming pool forsimulating water conditions, should the aircraft have an emergency landing on water. Training for newly-inducted Singapore Airlines’ cabin crew takes over 15 weeks.

  • AirAsia Philippines delivers world-class flying at low fares

    AirAsia Philippines delivers world-class flying at low fares

    Challenging the common impression that customers get what they pay for in patronizing low-cost carriers (LCC), AirAsia Philippines redefines the flying experience with an uncompromising commitment to world-class safety standards and passion in delivering top-notch service without the hefty price tag.

    AirAsia Philippines is part of the AirAsia Group, which includes AirAsia Malaysia, Thailand, Indonesia, India and Japan. AirAsia Philippines operates a fleet of 23 aircraft out of four hubs servicing seven domestic destinations and 18 international destinations, in line with the group’s vision to be the “wings” that enable people to reach their dream destinations.

    “Having established ourselves as an LCC when we introduced all-in fares, we now want to be known for having the best service,” says Captain Dexter Comendador, AirAsia Philippines CEO.

    AirAsia Philippines commenced operations locally in 2012 with two new planes. With the acquisition of local airline Zest Airways the following year, AirAsia Philippines’ fleet became 13. Backed by its parent company, which boasts a total fleet of 252 aircraft and more than 140 destinations in 25 markets, AirAsia Philippines is set to raise the benchmark in the aviation industry, particularly the LCC segment.

    The company constantly pursues initiatives to provide customers a hassle-free experience. For example, AirAsia Philippines relinquished the use of jet bridges and instead uses steps for boarding and disembarking passengers. By doing this, the airline has been able to keep turnaround time to 25 minutes – one of the quickest in Asia. Foregoing the use of expensive jet bridges also allows AirAsia Philippines to pass on cost savings to customers, resulting in more economical fares.

    Tapping technology to offer a seamless customer experience, AirAsia has overhauled its website and mobile app and even launched a chatbot named AVA (AirAsia Virtual Allstar). Powered by artificial intelligence, the chatbot is well-versed in English, Thai, Malay, Indonesian, Vietnamese, Korean and Chinese, and responds to queries instantly. As part of the AirAsia network, AirAsia Philippines has allowed customers to use AVA to manage their flight needs since March this year.

    AirAsia Philippines also takes a proactive role in creating hubs in the Philippines, connecting them to the whole AirAsia network. The airline now has hubs in Manila, Cebu and Kalibo. Outside Manila, AirAsia Philippines is launching new flights, and will soon fly directly to Macau, Kunming, Chengdu, Hangzhou and Taipei from its Kalibo hub.

    As it seeks to relocate its headquarters to Clark, Pampanga, AirAsia Philippines hopes to develop the former airbase as its next hub. It also aims to establish hubs in popular tourist destinations such as Bohol and Palawan.

    “Our vision is to be the No 1 LCC in the Philippines. We also want to be the employer of choice for aviation industry professionals,” Comendador says.

  • Target sales sagging further for Wesfarmers

    Target sales sagging further for Wesfarmers

    Wesfarmers says full-year earnings from its department stores could fall by as much as $103 million after sales at the struggling Target chain fell by 2.3 per cent so far in the second half.

    The Perth-based conglomerate, which reports its full-year results on August 27, says Target’s comparable sales for the five months to May fell 2.3 per cent on the prior corresponding period and by 0.7 per cent over the year so far.

    Although sales at stablemate Kmart have stabilised in the second half, Target dragged down the unit as a whole and Wesfarmers says the latter’s “current offer requires ongoing repositioning” despite continued efforts to turn around the chain.

    Combined full-year earnings from two stores’ continuing operations are now expected to be between $515 million and $565 million, as much as 17 per cent down on last year’s $618 million.

    Wesfarmers managing director Rob Scott says the Kmart Group’s second-half performance had been disappointing, but that it would benefit from increased investment in online and digital initiatives.

    The company said on Thursday it was feeling the pressure from increased pricing competition and cautious consumer sentiment, and admitted various changes at Kmart had also resulted in a temporary shortage of goods on shelves.

    Mr Scott told investors in a separate briefing there had been no notable lift in consumer sentiment after the May federal election, though the onset of colder weather had been welcome boost for sales.

    “The seasonal changeover is a key driver of sales… (so) the cold weather has been helpful (even if) some of the cold weather took a while to arrive,” Mr Scott said.

    Wesfarmers announced in June last year it was scaling back its Target business, cutting the size or number of stores in the chain to achieve a 20 per cent overall reduction in footprint by 2023.

    Mr Scott said on Thursday the repositioning of the department store network, which will include the introduction of more Kmart stores, had allowed its chains to compliment each other instead of competing for space and customers

    Mr Scott told investors he expected further improvement after Kmart finishes cycling out DVD sales.

    Wesfarmers’ first-half profit soared to $4.5 billion from $212 million in the prior corresponding period due to $3 billion in one-off items following the demerger of supermarket Coles, and the sale of Bengalla, Kmart Tyre and Auto Service, and Quadrant Energy.

    The conglomerate has since embarked on a number of acquisitions, including a $776 move for lithium developer Kidman Resources, and a so-far unsuccessful approach for rare earths miner Lynas.

    This week it continued its spending spree this week with the $230 million acquisition of online retailer Catch Group, which will be rolled into the Kmart Group.

    Mr Scott told analysts the company felt “the time was right” to act on opportunities.

    “On the acquisition side, I know we’ve announced a few things in recent months, but I think it’s important not to get too carried away by that activity,” he said.

    “We’re talking a very very small proportion of out market capitalisation, and indeed capex.”

    Mr Scott said the proposed investment in Kidman was grounded in long-term advantages.

    “We don’t know what the long-term price of lithium is going to be …what we do know is that … (the proposed acquisition) is going to be one of the lowest-cost providers globally of lithium hydroxide,” Mr Scott said.

    Shares in Wesfarmers were worth $38.25 before trade on Thursday and have climbed by 18.72 per cent, or $6.03, so far in 2019.

  • Apple’s Shazam app updated with new Pop Up functionality

    Apple’s Shazam app updated with new Pop Up functionality

    Recently acquired by Apple, Shazam is bringing new features to its users, although this time only Android users will benefit from the changes. A new Pop Up functionality has just been added to Shazam for Android, which will allow users to identify songs playing in third-party apps without having to leave the app.

    In order to benefit from the new feature, you’ll have to enable a new floating button that is overlaid on the screen. When the new button is enabled, you will see a persistent notification in the notification drawer, which can be used to trigger it. Whenever you wish to use Shazam to identify a song, simply tap on the Pop Up floating button.

    Of course, you will be able to dismiss both the button and the persistent notification by simply dragging the button at the lower part of the screen to make it disappear. If you want to make the persistent notification go away, you will have to switch off feature from the Shazam settings menu or by swiping down the notification and tap on Turn Off.

    The new Pop Up functionality is available in the latest version of Shazam for Android, which has already been uploaded in the Google Play Store. If you have the app installed, a new update should be available for download.

  • Topshop parent wins lifeline in crucial vote

    Topshop parent wins lifeline in crucial vote

    Topshop parent Arcadia Group has been given a lifeline by its creditors and landlords after a Company Voluntary Arrangement (CVA) was approved yesterday.

    The vote was delayed last week after it became clear it would not gain the 75 per cent approval needed to proceed. However it appears a change of heart by the pension regulatory body secured the arrangement.

    Arcadia Group is now free to close a further 23 stores and will receive reduced rent on nearly 200 others.

    CEO Ian Grabiner said he is confident about the group’s future now the deal has been accepted, promising to provide customers “with the very best multi-channel experience, deliver the fashion trends that they demand, and ultimately inspire a renewed loyalty to our brands that will support the long-term growth of our business”.

    “After many months of engaging with all our key stakeholders, taking on board their feedback, and sharing our turnaround plans, the future of Arcadia, our thousands of colleagues, and our extensive supplier base is now on a much firmer footing,” he said.

    “From today, with the right structure in place to reduce our cost base and create a stable financial platform for the group, we can execute our business turnaround plan to drive growth through our digital and wholesale channels, while ensuring our store portfolio remains at the heart of our customer offer.”

    However Chloe Collins, senior retail analyst at GlobalData, said that although Arcadia’s CVA has been approved, it is not surprising it faced backlash from some landlords who have doubts about the retailer’s future.

    “Arcadia’s leading brands – Topshop and Topman – still have a strong following among millennials, however many of the other, such as Miss Selfridge and Dorothy Perkins, are now irrelevant in a highly saturated market and chances of revival are slim, leading landlords to question whether other retailers could offer their spaces more longevity,” she said.

    “The decision to add Topshop and Topman to Asos’ branded offer as part of Arcadia’s turnaround plan is wise to increase the brand’s reach, especially internationally. However it is crucial that the £60 million invested into advancing Arcadia’s digital platforms includes competitive and convenient delivery methods to rival Asos and maintain traction on the brand’s individual sites.”

    Collins said the £75 million invested by Green into its physical stores will be too thinly spread as even after the planned closures Arcadia will have around 500 stores left.

    “These stores have been neglected for far too long and are now unable to match competition which moves in favour of experience-led shopping.”

  • Facebook’s Study program pays for information about the apps you use

    Facebook’s Study program pays for information about the apps you use

    Facebook announced today that it has launched a new app for Android users called Study from Facebook. The app will be used to help the company conduct market research and all participants will be paid. This isn’t an app that you can download from the Google Play Store at any time. Instead, Facebook will be running ads online and if you click on one, you can register to download Study. But you still have to qualify, and if you do, the app will then show up in the Play Store like magic.

    Those who do sign up will learn how the app works and what information it will collect. As the late Robin Williams might have said, “Transparency. What a concept.” Facebook also is now sensitive to the use of teen data and will require that those installing Study be 18 years of age or older. And yes, participants will be able to opt out at any time. Right now, the program will be available only in the U.S. and India.

    Facebook says that the information it collects will include:v
    • Apps you’ve installed on your phone.
    • How much time you’ve spend on each app.
    • The country you live in, the device you use and the type of network your phone runs on.
    • App features that you employ.

    The Study app will not collect user ID’s, passwords, or content stored on your phone. The information is not sold to third parties, used to serve optimized ads, or added to a user’s Facebook account if they have one.

    “Approaching market research in a responsible way is really important. Transparency and handling people’s information responsibly have guided how we’ve built Study from Facebook. We plan to take this same approach going forward with other market research projects that help us understand how people use different products and services.”-Facebook

    While Facebook doesn’t say how much it will pay you for this data, it does say that participants will earn money for sharing how they use apps.

  • iMovie for iOS now has a green screen feature

    iMovie for iOS now has a green screen feature

    The new feature allows you to take footage recorded against a green screen (a blue screen will also work) and easily replace the background while keeping the subject. You can adjust the strength of the effect and adjust it precisely with a 4-point mask.
    In addition to that, you can now also import images with a transparent background in your project, and also use photos to create a picture-in-picture effect or a split-screen effect in your video projects. Add to this 80 new soundtracks that automatically adjust to fit the length of your video project, adds support for ClassKit so students can deliver assignments easily to their teachers and delivers a few bug fixes along the way.
    This is a big update to one of the best casual video editing apps out there, and considering that iOS 13 will also add features like rotating video, this will solidify Apple’s leading positions when it comes to video editing on mobile devices.
    And here is a full list of the new features that come with this update:
    • Transform your video with the new green screen effect that lets you instantly remove the background of clips shot in front of a green or blue screen
    • Adjust the green screen effect with a 4-point mask and strength slider
    • Choose from 80 new soundtracks in genres including pop, chill, and sentimental that automatically adjust to match the length of your movie
    • Drop in still images with transparent backgrounds to use as logos or custom graphics on top of your video
    • Add photos as overlays to create picture-in-picture and split-screen effects
    • Choose to hide the border that surrounds picture-in-picture and split-screen effects
    • Instantly return to the edit screen of your project when switching back to iMovie from other applications
    • ClassKit support lets students deliver video assignments to teachers using the Schoolwork app
    • For users with videos in iMovie Theater, the Theater window is now accessible from the ••• menu at the bottom of the Projects screen
    • Sharing to iMovie Theater is no longer supported; save your movies and trailers to iCloud Photos to watch them on other devices including Apple TV
    • Resolves an issue that could lead to a black viewer when previewing your video fullscreen on an external display
  • Valiram opens duty-free store at Kota Kinabalu

    Valiram opens duty-free store at Kota Kinabalu

    Malaysian luxury and lifestyle retail specialist, Valiram, together with East Malaysian property developer, Jesselton Waterfront Holdings, has opened a duty-free store in the Jesselton Mall in Kota Kinabalu.

    The 37000sqft sea-front mall presents the first downtown travel-retail concept in the vicinity, offering international travellers an opportunity to shop in a duty-free environment and bringing luxury beauty, fashion and timepiece brands to the Kota Kinabalu city centre.

    “Valiram continues to invest in Sabah and is excited with the opening of our latest venture, the Jesselton Duty-Free,” said Valiram executive director Sharan Valiram.

    “This exception offering redefines the shopping experience for tourists in Kota Kinabalu. We are indeed privileged to be able to partner Jesselton Waterfront Holdings in developing this first-of-its kind downtown duty-free retail in East Malaysia. The shopping experience here is set to reshape the retail environment in Sabah.”

  • Cebu Pacific Began Manila-Shenzhen flights on July 1

    Cebu Pacific Began Manila-Shenzhen flights on July 1

    Cebu Pacific will launch direct flights from Manila to the Chinese city of Shenzhen in July, citing “increasing demand for leisure and business travel.”

    In a statement on Monday, June 10, the budget carrier announced that its Manila-Shenzhen route will have flights 4 times a week – every Monday, Wednesday, Friday, and Saturday – beginning July 1.

    “At only two hours and 40 minutes’ flying time, the evening departure of the flights will enable travelers to make full use of business hours, both in Manila and in Shenzhen,” Cebu Pacific said.

    The airline is holding a seat sale for the new route from Monday to Tuesday, June 11, with a base fare of as low as P1. The travel period is from July 1 to October 26 this year.

    Cebu Pacific said Shenzhen is its 5th destination in mainland China, and its 27th international destination.

    “We want to provide our travelers with a viable option to reach some of the most crucial commercial centers in the world. Our new direct service between Manila and Shenzhen will enable faster movement of people and products,” said Cebu Pacific vice president for marketing and distribution Candice Iyog.

    Cebu Pacific and its subsidiary Cebgo currently fly to 37 domestic and 26 international destinations, with over 107 routes spanning Asia, Australia, the Middle East, and the United States.

    The airline had enforced dozens of flight cancellations in April and May, however, citing “an unprecedented level of disruption” to its operations.

    President Rodrigo Duterte conducted a “surprise inspection” at the Ninoy Aquino International Airport Terminal 2 on Monday, and promised to find a solution to flight cancellations and delays within a month.

  • Singapore retail sales in April fell

    Singapore retail sales in April fell

    Singapore retail sales in April decreased by 2 percent year on year (motor vehicles excluded), with the apparel sector the only category to post growth.

    On a seasonally adjusted basis, sales decreased by 0.1 percent on March’s figures.

    The worst-affected categories were computers and telecommunications equipment, down 6.7 percent, and furniture and household equipment, down 6.5 percent. Statistics Singapore said this was due in part to lower sales of mobile phones and furniture. Sales by food retailers, of optical goods and books and in department stores decreased by between 3.1 percent and 3.5 percent year on year.

    However, sales of the apparel and footwear grew by 3.4 percent, due in part to a higher demand for bags and footwear.

    Singapore retail sales in April were estimated at S$3.5 billion, with online sales accounting for  about 5.4 percent of that figure

    Sales of food and beverage services grew by 3.1 percent year on year in April, reaching $826 million. Fast-food outlets, food caterers and other eating places (such as cafes) registered growth of between 3.6 percent and 8.2 percent. Sales of restaurants increased by a marginal 0.1 percent.

  • New Facebook Portal devices are launching this year

    New Facebook Portal devices are launching this year

    New versions of Facebook’s Portal home smart speakers are coming out this year, while the first-gen models that launched in November 2018 will be making their way outside of the US. The Portal product lineup is the social network’s attempt to grab a piece of the smart home speaker market, where competition from Amazon and Google is stiff. Facebook’s take on the gadget is very camera-centric and allows users to make encrypted video calls through Messenger, while Portal’s camera follows them around.

    At the Code Conference in Scottsdale, Arizona, Facebook’s Vice President of AR/VR, Andrew “Boz” Bosworth, announced that the next-gen Portal speakers are coming “this fall.” There will be “new form factors” available as well, Bosworth said, though he didn’t elaborate on what this means, exactly. “Hardware is coming to the home, and we want to make sure that human connection, connection between two people, is a first-party experience on that hardware,” Bosworth added.

    Since one of the product’s differentiating features is the camera tracking, it’s not going anywhere, but the new models might make it even more prominent. According to rumors over the past months, Facebook may be working on a considerably smaller device than the first-gen Portals—pretty much just a camera—that can be attached to TV sets. This will also make the device cheaper and allow people to use their TVs as smart displays.

    The success of Facebook Portal was questioned ever since the company announced it. On the heels of some big privacy scandals over the past couple of years, having doubts over a Facebook-branded tracking camera isn’t all that far fetched. However, at the conference in Scottsdale, the company reassured that the first generation of Portal smart speakers sold “very well,” although the claim wasn’t backed by official numbers.