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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.

  • Cebu Pacific income down 50.6% in 2018

    Cebu Pacific income down 50.6% in 2018

    The operator of budget carrier Cebu Pacific saw earnings dip by 50.6 percent last year amid challenges such as the closure of a popular tourist destination, rising fuel prices and increased competition.

    In a statement, Gokongwei-owned Cebu Air Inc. said profits fell to P3.9 billion from P7.9 billion a year earlier even as revenues climbed 9 percent to P74.1 billion from P68.03 billion.

    Passenger revenues, in particular, hit P54.3 billion, 9 percent higher than the P49.93 billion recorded in 2017. The listed airline carried 20.3 million passengers last year, up 3 percent from 2017’s 19.7 million.

    The cargo business also witnessed double-digit growth at 19 percent, the firm said.

    “The growth in CEB’s (Cebu Air’s stock symbol) 2018 business came amidst a challenging environment with high fuel prices, a volatile Philippine peso, rising interest rates, increased competition, the six-month closure of Boracay, and operational limitations in the country’s key airports,” the firm said.

    Michael Ivan Shau, Cebu Pacific chief operations officer, said the carrier expected to bounce back due to fleet and network expansions.

    “2019 is definitely the year we accelerate our growth,” Shau said in a statement.

  • Data-sharing Algorithm launched for Indian rural store owners

    Data-sharing Algorithm launched for Indian rural store owners

    Data platform Next Billion is collaborating with data exchange service Ocean Protocol to pilot a new data-sharing model that gives Indian rural store owners an extra income stream.

    Next Billion, which creates insights to enable companies to expand in high-growth emerging markets, provides free point-of-sale platforms to rural store owners to record real-time inventory and sales data. It is building a data marketplace and piloting a new data sharing model based on Ocean Protocol, the first general platform for borderless data sharing that marries blockchain, data and AI.

    Through the pilot, Indian rural store owners will capture real-time transactions via the POS platform and are incentivised to consistently use this platform to submit verified data. When companies buy their syndicated data, transactions can be traced back to the source via Ocean Protocol, enabling Next Billion to reward these rural store owners with royalties.

    “We believe global companies’ needs for commercial data can unlock sustainable and inclusive business models that empower local data providers to share fair value from their data,” said Next Billion MD Oliver Gilbert. “Ocean Protocol enables Next Billion to monetise data and share it with companies in a safe and secure manner.”

    Despite the lack of digitisation in retail practice in rural Asia, sales are climbing. Driven by the rise of the middle class, the consumption of fast moving consumer goods (FMCG) in rural areas is growing across Asia. From 2009 to 2012, spending by India’s 800+ million rural residents reached $69 billion, some 25 per cent more than their urban counterparts over the same period.

    According to recent estimates, consumption in rural areas is growing at 1.5 times the rate in urban areas. The current $12 billion consumer goods market in rural India is expected to reach $100 billion by 2025.

    FMCG companies are eyeing this new opportunity and have revved up their distribution channels in rural areas.

    This has been reflected by a significant rise in demand for rural market-research data. However, traditional market-research firms lack rural reach, maintain outdated platforms premised on different environments, and their costs remain prohibitively expensive.

    Ocean Protocol is a blockchain-based platform for the safe sharing of data that enables companies and data services to build on top. Its technology allows organisations to put a value on, own and control their data while addressing many frictions around data sharing today – including privacy concerns, trust, and auditability. Ocean also allows algorithms and models to come to the data, get trained and then leave without exposing the data or taking a copy, thereby retaining privacy and freeing up data to advance the economy and society.

    “A lot of data is generated today, yet they are locked up in silos because people are scared of losing control and not getting rewarded. Ocean helps to solve this by giving the tools for people to own and control their data and develop new data-driven business models,” said Ocean Protocol founder Bruce Pon. “Data owners can program the conditions of access which are then executed precisely. In addition, data can be traced back to its source, enabling incentives to be spread across all stakeholders in the data sharing process.”

    “Being incentivised, along with transparency on how data is being used, increases the willingness of people to share data,” Gilbert added. “We hope to provide high quality and agile retail insights at a fraction of what the traditional market research firms would charge while targeting an increase in sustainable livelihoods by 30-50 per cent.”

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  • Asian firms are better prepared than European peers to comply with data-privacy regulations, according to new EIU study

    Asian firms are better prepared than European peers to comply with data-privacy regulations, according to new EIU study

    The collection and use of personal data for commercial purposes are on the rise, but concerns over privacy and cyber-security breaches are causing concern among consumers, companies and regulators alike. The report, The transparent business barometer: Preparing for the end of easy data, written by The Economist Intelligence Unit (EIU) and sponsored by Ant Financial, assesses companies’ level of preparedness to face a more privacy-conscious world. It is largely based on a survey of 250 executives across China, the US, Western Europe and South-east Asia.

    Nearly 100% of respondents agree that data privacy is important to their organisation, with a majority (54%) saying it will be much more so in three years’ time. One reason for this is the perceived importance of data privacy to good corporate governance, which is something that 88% of executives across the surveyed regions and almost all Chinese executives (98%) believe to be true.

    Many firms are waking up to the fact that stricter laws in the mould of the EU’s General Data Protection Regulation may be in the offing. In a barometer constructed for this study, companies were asked to rank their preparedness to face various data-privacy regulations, such as that which might restrict their ability to gather data directly from consumers, on a one-to-ten scale. Overall, they are relatively well prepared, although they are less willing to take different measures, such as changing business models to reduce reliance on consumer data, in response to such regulations. Compared with bullish Americans, executives in Europe are the least prepared to face regulations and least likely to try new approaches in response to them, while the sentiment in China and South-east Asia falls between those two extremes.

    Transparent business barometer aggregate scores, by region

    (Scores out of 10)

      China US Western Europe South-east Asia Total
    Readiness 7.35 8.04 6.69 7.42 7.36
    Likelihood 6.58 7.16 5.67 6.56 6.47
    Overall 7.06 7.71 6.31 7.10 7.02

    Smaller companies are also less ready to face regulations than their larger counterparts, even as some large firms, including tech heavyweights like Apple and Google, are now beginning to call for regulators to create greater clarity—a step that will hopefully lessen uncertainty going forward.

    Michael Gold, editor of the report, says: “Businesses need to be aware that playing fast and loose with consumer data can lead to major repercussions down the road. Smart, well-co-ordinated regulations can make the business world more transparent and trustworthy amid a growing realisation that data is truly the ‘new oil’ in today’s economy.”

    Full report can be downloaded here.

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  • AirAsia to launch Mumbai-Kolkata daily flight from Mid-April

    AirAsia to launch Mumbai-Kolkata daily flight from Mid-April

    Low cost carrier, AirAsia India Friday announced the launch of its flight services to Kolkata from the city next month. This would be airline’s second destination from Mumbai after it started operating daily services to Bengaluru from the country’s financial capital.  AirAsia India will now fly connecting Kolkata and Mumbai, with one daily flight, effective April 15, the airline said in a release Friday.

    The introduction of Mumbai-Kolkata route comes close on the heels of AirAsia India adding eighth additional flights to its network of 19 destinations.

    “We recently introduced the first connection between Bengaluru and Mumbai and are now adding a new connection between Mumbai and Kolkata. It’s a key market for AirAsia and this flight will strengthen our operations in East. This new route is a manifestation of our future growth plan in these key and important business markets, said Sunil Bhaskaran, managing director and chief executive officer, AirAsia India.

    AirAsia India, a joint venture between Tata Sons and Malaysian airlines’ group AirAsia, currently operates to 19 domestic destinations with a fleet of 20 Airbus A320 planes. The group made its first entry in the Mumbai market with the launch of AirAsia Berhad services to here from Kuala Lumpur in May 2010.

    However, in 2012 it withdrew the route citing high airport charges. But came back again with its subsidiary Indonesian AirAsia X in May 2017, which was again discontinued in April last year.

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  • AirAsia’s Tony Fernandes quits Facebook, citing social media ‘hate’

    AirAsia’s Tony Fernandes quits Facebook, citing social media ‘hate’

    AirAsia Group chief executive officer Tony Fernandes closed his Facebook account and said he may shut his Twitter page, citing “hate” being transmitted on the networks after the live-streaming of the terror attack on two mosques in New Zealand.

    “The amount of hate that goes on in social media sometimes outweighs the good,” Mr Fernandes said in a Twitter post on Sunday (March 17).

    “But on Twitter, I think the battle for me goes on.”

    Mr Fernandes said his Facebook account had 670,000 followers. He said in a Twitter post on Saturday that while he is “a big fan” of social media, he had to think hard about whether to remain on Facebook after Friday’s mass shooting that claimed 50 lives in New Zealand’s second-largest city of Christchurch.

    Mr Fernandes has about 1.29 million followers on Twitter and has tweeted more than 20,200 times since joining in 2008, commenting often on the performance of his companies and sports teams.

    He is the co-owner of English football club Queens Park Rangers. AirAsia is one of the region’s biggest discount carriers.

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  • Cebu Pacific leads in Philippines-Australia flights

    Cebu Pacific leads in Philippines-Australia flights

    Budget carrier Cebu Pacific has kept its market share lead in the Philippines to Australia route, a statement on Thursday showed. Citing data from Australia’s Bureau of Infrastructure, Transport and Regional Economics from November last year, Cebu Pacific said it cornered a market share of 39.5 percent versus close competitor Philippine Airlines, which had a 38.1-percent share.

    Cebu Pacific flies between Manila, Melbourne and Sydney. It also competes with Qantas, however the Australian carrier’s operations are limited to Manila and Sydney.

    “As more brand-new aircraft enters the CEB (Cebu Pacific) fleet, we are now in a position to seriously study the possibility of expanding to more destinations in Australia. We are encouraged by our performance in the Australia market,” Candice Iyog, vice president for marketing at Cebu Pacific, said in the statement.

    The airline said demand has been going up. For Nov. 2018, some 48,000 passengers flew between Manila, Melbourne and Sydney. The figure represented a growth of 31.3 percent. Cebu Pacific alone carried 18,971 passengers, or a year-on-year growth of 56 percent.

    Cebu Pacific flies five times weekly between Manila and Sydney and thrice a week between Manila and Melbourne. Cebu Pacific is the only low-cost carrier with direct service from Manila to Sydney and Melbourne.

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  • Tumi powers solid Samsonite sales growth, focus in Asia

    Tumi powers solid Samsonite sales growth, focus in Asia

    Hong Kong-listed luggage giant Samsonite International has achieved its seventh consecutive year of sales growth following its listing in 2011.

    Net Samsonite sales were up 8.4 per cent on a constant-currency basis to US$3.797 billion in the year to December 31. Profit attributable to shareholders rose by 23.9 per cent before extraordinary items saw that figure reversed into a 29.2 per cent decline to $236.7 million.

    Net sales in Asia increased by 10.2 per cent year on year to $1.324 billion, driven by the Tumi, American Tourister, Samsonite and Kamiliant brands. Tumi’s sales increased by 29.5 per cent, due in part to the full-year contribution from having taken direct control of Tumi distribution in certain Asian markets during 2017, as well as increased brand penetration in key Asian markets.

    A boost in marketing saw American Tourister’s net sales increase by 8.9 per cent in Asia, while Samsonite sales rose by a more modest 2.1 per cent. The group’s entry-level brand Kamiliant achieved a 44.1 per cent increase in sales in Asia as it continued to take market share from other entry-level brands across the region.

    Overall, Asia recorded second-half net sales growth of 6.5 per cent and full-year growth of 10.2 per cent.

    CEO Kyle Gendreau said sales in Japan rose by 14.1 per cent and in India by 28.5 per cent, in the second half, but these gains were partially offset by slower growth in China, which recorded just 3.2 per cent growth as consumer sentiment weakened amid concerns about trade relations with the US; and in South Korea where net sales decreased by 1.5 per cent in the second half.

    “Our growth was underpinned by positive performances from our core brands,” said Gendreau. “Tumi continued to perform ahead of expectations, making great strides in enhancing its international presence, with strong growth in Asia and Europe.”

  • Boardwalk Advendture vending machine cluster opens at Sentosa

    Boardwalk Advendture vending machine cluster opens at Sentosa

    Royal Vending has launched 35 cashless-enabled vending machines in a cluster it calls Boardwalk Advendture.

    Featuring more than 50 brands, Boardwalk Advendture is the first automation cluster set in a tourist attraction which the company says ushers in a new age of automated retail-tainment.

    “Boardwalk Advendture pushes the envelope and signals a new age of smart retailing,” said Jae Teo, Royal Vending MDr.

    “The innovative vending concepts of today can help hero made-in-Singapore brands, start-ups and host unexpected products. We hope that the Boardwalk Advendture will inspire other locales to embrace the next generation of retailing.”

    GOH meeting the artists from the Art Faculty by Pathlight

    GOH meeting the artists from the Art Faculty by Pathlight

    Starting off from VivoCity, the first ‘Fresh Point’ cluster kicks off with snacks, refreshments and essentials that visitors can grab to beat the heat and stay cool.

    The midway point houses a ‘Gift Street’ featuring quirky souvenirs, local crafts and tourist favourites from the city.

    There are other pleasant surprises dotted along the way, including ‘Fun Alley’ with game machines and outdoor must-haves that will keep both parents and children entertained.

    An air-conditioned ‘Foodie Zone’ is available at the end for tourists to re-fuel before heading into Sentosa.

    “With the support from Enterprise Singapore, Royal Vending was able to adapt its business model and curate a range of products that … enhance the customer experience as they walk down the Sentosa Boardwalk,” said Alan Yeo, director of Retail & Design, Enterprise Singapore.

    “We encourage more retailers to take the bold step to innovate and introduce differentiated retail concepts that can serve to delight their customers and ensure long-term business growth,” he added.

    Royal Vending’s Boardwalk Advendture will enrich the experience with 24-hour amenities such as food and beverage takeaways.

    Brands already signed up to the cluster include Art Faculty by Pathlight, beauty brand su:m37 and Singapore souvenirs and gift supplier Love SG.

    Royal Vending is one of Singapore’s largest vending machine companies, with more than 15 years of experience.

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  • Singapore retail sales up with 5.3 per cent

    Singapore retail sales up with 5.3 per cent

    Singapore retail sales rose by 5.3 per cent in January, underpinned by consumers stocking up ahead of the Lunar New Year holiday.

    When motor vehicles are included in the data, the official topline figure was a 7.6 per cent increase.

    Lunar New Year fell two weeks earlier this year compared with last year, which means some volume of pre-holiday stocking up was completed in January rather than the first half of February.

    According to Statistics Singapore, the total retail sales value in January was about S$4.2 billion. Online retail sales accounted for a solid 4.8 per cent of sales.

    Most retail industries recorded higher sales in January this year compared to last. Sales of apparel & footwear, medical goods & toiletries and by department stores, supermarkets & hypermarkets and food retailers registered growth rates of between 8 per cent and 10.5 per cent, as a result of higher demand during the Lunar New Year lead up.

    In contrast, sales of computer & telecommunications equipment declined 11.5 per cent, due in part to lower demand for mobile phones during this period.

    Sales of food & beverage services increased 5.9 per cent in January, reaching $862 million, compared to $814 million in January last year.

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  • Metro Myanmar launches with brand new warehouse

    Metro Myanmar launches with brand new warehouse

    The launch of Metro Myanmar business marks the German wholesaler’s 36th international market.

    The company has announced a warehouse in Yangon, aiming to serve local professional customers in the fast-growing hospitality and tourism sectors.

    “The food wholesale industry in Myanmar offers big potentials for Metro,” said the firm’s COO and management board member Philippe Palazzi, “and we believe our engagement in the trade sector will contribute to the local economic growth including the agriculture, tourism and hospitality sectors, and help upgrade the food wholesale infrastructure sustainably for the local community.”

    As distinct from its operations in other countries, Metro Myanmar will not run wholesale stores but provide a virtual shopping experience for customers through its e-commerce and delivery systems.

    Central to the wholesale operations in Myanmar is the 5800sqm warehouse situated in Thilawa Special Economic Zone outside Yangon. It is a modern logistics facility where incoming goods are received, stored, processed and packed in compliance with stringent quality and food safety standards for delivery to customers.

    Now right at the start of its operations, Metro Myanmar is already serving about 300 customers across the country that can now select from an assortment of more than 2000 food and non-food products. Customers place orders digitally through Metro’s website and mobile app, and the delivery is carried out with a fleet of modern temperature-controlled trucks.

    With local sourcing and food safety improvement a top priority for the country, the firm has been making continuous efforts to build up strong partnerships with local producers. These engagements include training as well as knowledge and expertise transfer for food suppliers and farmers across different regions and states in Myanmar. Over 90 per cent of the current workforce at Metro Myanmar, which is about 150 employees, is staffed by local talent.

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  • AirAsia launches cheap fares to Bali, a thriving tourism destination for many Australians’

    AirAsia launches cheap fares to Bali, a thriving tourism destination for many Australians’

    AirAsia is offering cheap one-way fares to a tropical Indonesian island, which has been tipped to take the top spot as the favourite destination for Australians. The budget airline announced its new four-time weekly flights between Perth and Lombok, east of Bali this week.

    As part of the announcement, AirAsia is offering one-way flights to Lombok from just $99. AirAsia has launched cheap one-way fares to Indonesia’s newest holiday hotspot Lombok, which has been tipped to take the top spot a favourite destination for Australians

    The budget airline announced its new four-time weekly flights between Perth and Lombok, east of Bali this week Jetsetters can snag the cheap flights until March 24, to travel between June 9 and October 26.

    Australian sun-seekers are expected to flock to the new destination, which has been described as ‘the new Bali’.

    Lombok, east of Bali, has gearing up to become the next tourism hotspot with promises of endless blissful beaches.

  • Malaysia’s KIP Group plans a few new malls

    Malaysia’s KIP Group plans a few new malls

    Malaysia’s KIP Group will establish three new malls within the coming three years, according to CEO Valerie Ong.

    The new locations in Raub, Kuantan and Sungai Petani will involve RM150 million (US$36.7 million) in gross development costs and cater to middle-mass-market demand. They are being located in growing markets where consumers still prefer physical buying over online purchases.

    “This means we will have a total of 12 shopping malls in our portfolio, including the six properties that had been injected to our listed entity, KIP Reit”, Ong said at the launch of the firm’s ninth shopping mall at Desa Coalfield Sungai Buloh.

    KIP Griup’s portfolio includes a shopping mall in Bangi and five KIP Marts in Tampoi, Kota Tinggi, Masai, Senawang and Malacca. It has also acquired Aeon Mall Kinta City, Ipoh in a RM208 million ($50.9 million) deal.

    According to Ong, Malaysia’s retail sector is expected to grow by 4.5 per cent to RM109 billion this year. She added that the Desa Coalfield mall has already achieved an 80 per cent occupancy rate in advance of its scheduled opening later this year.

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  • TradeGecko launches Founder Plan giving commerce startups the technology superpowers to build amazing businesses

    TradeGecko launches Founder Plan giving commerce startups the technology superpowers to build amazing businesses

    TradeGecko, a leading technology company that provides cloud-based inventory and order management solutions for small and medium-sized businesses (SMBs), today launched its Founder Plan, expanding access to its powerful technology platform to early-stage commerce businesses. 

    The plan enables founders to integrate TradeGecko’s leading inventory and order management solution from the get-go, so that they can build their commerce businesses to scale quickly. This limits cumbersome and complex manual processes that may inhibit future growth, empowering entrepreneurs with the ability to level the playing field with bigger competitors. 

    Recent research by TradeGecko has shown that operational challenges are among the biggest headaches for commerce entrepreneurs. 31 percent of businesses under US$1 million still rely on spreadsheets for their inventory management, with another 24% using pen and paper and 19% not using anything at all. On average, 90 hours a month are spent on backend functions such as order and inventory management as well as product sourcing.

    From as little as US$39 per month, subscribers of the Founder Plan can access a fully automated system that consolidates operations management functions into one central location. This ensures that inventory levels, sales channels and accounting systems are always up-to-date and accurate. It also gives commerce businesses the power to add new sales channels, integrates with other business-critical functions and provides analytics to support decision-making.

    “At TradeGecko, no founder gets left behind. Our mission is to give founders the technology superpowers to compete in the global market. The Founder Plan is an accessible launchpad that enables entrepreneurs to scale, while ensuring they have the time and information they need to do what they do best – build amazing businesses,” said Cameron Priest, Co-Founder and CEO of TradeGecko. 

    The Founder Plan allows users to manage their total inventory starting with one eCommerce channel, integrated with accounting, manage sales orders and purchase orders, shipping and email support. It also gives access to TradeGecko Payments, TradeGecko Mobile App and TradeGecko Intelligence sales and inventory reports.

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  • Vietjet not operating any flights with Boeing 737 MAX aircrafts

    Vietjet not operating any flights with Boeing 737 MAX aircrafts

    Vietjet does not operate any flights with Boeing 737 MAX aircraft. We are currently operating with a fleet entirely composed of new Airbus aircraft from the A320 family aircraft. The average age of our fleet is 2.82 years. We are also using latest generation of Airbus aircraft, A320-A321 neo.

    Furthermore, Vietjet’s operations meet the highest international standards with regard to safety and maintenance. In particular, we have complied with all of the regulations and met the latest standards which have been set out by the European Aviation Safety Agency (EASA), the Federal Aviation Administration of the United States (FAA) and the Civil Aviation Authority of Vietnam (CAAV), including the approval of aircraft type for our operation.

    The safety for passengers is always Vietjet’s highest priority. Now we are closely monitoring the Boeing 737 MAX case and our decisions related to these aircraft will be made after the official conclusions and guidelines of the world’s aviation authorities and the CAAV. We are doing this to ensure the development of our modern fleet and to meet the highest quality and safety standards. Vietjet has well managed our fleet so far and our transport business plans are unchanged.

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  • DFS to Celebrate Eighth Prestigious Masters of Wines and Spirits Event in Singapore

    DFS to Celebrate Eighth Prestigious Masters of Wines and Spirits Event in Singapore

    DFS Group (DFS), the world’s leading luxury travel retailer, in partnership with Changi Airport Group, will host its eighth annual Masters of Wines and Spirits event in Singapore at the end of March. The most celebrated and prestigious event in the industry, Masters of Wines and Spirits will showcase a curation of 140 of the rarest and finest whiskies, wines, Cognacs and Champagne from around the world, all under one roof.

    The 2019 edition of Masters of Wines and Spirits will take place on Saturday, 23 March and Sunday, 24 March, bringing together esteemed guests from around the world. The event is an annual testament to DFS’ leadership in global travel retail, as well as highlighting the expertise of DFS’ merchants who spend a year of extensive research to selectively curate a world-class, bespoke collection of wines and spirits.

    Hosted at Infinite Studios, Singapore’s state-of-the-art studio, this year’s edition of Masters of Wines and Spirits explores the theme of “Masters at Work” – an homage to those who have acquired complete knowledge or skill in a subject, technique or artform and whose passionate commitment to their task continues to raise the bar for all others in the field. DFS celebrates six masters across a spectrum of backgrounds. Guests will be taken on an interactive and immersive journey through activations and experiences that explore each brand’s heritage and which ignite the senses.

    The six “Masters at Work” comprise: Brooke Supernaw of DFS as Master of Curation, Ewan Gunn of Diageo as Master of Whisky, Sarah Burgess of The Macallan as Master of Malt, Fabrice Papin of Château Lafite Rothschild as Master of Wine, Hidetsugu Ueno of Bar High Five as Master of Cocktails and DJ Arthur Bray as Master of Music.

    “The eighth edition of Masters of Wines and Spirits will showcase another outstanding collection of more than 140 masterpieces from 60 of the world’s most legendary wine and spirits houses,” said Brooke Supernaw, Senior Vice President Spirits, Wine, Tobacco and Gifts, DFS Group. “Here at DFS, we take pride in curating an ever-growing collection of wines and spirits that become more exclusive, bespoke, rare or limited-edition each year, and which capture the heritage and craftsmanship of each brand.”

    The 140-piece strong curation – featuring collectable items such as the oldest whisky ever released by The Macallan, The Macallan 72 Year Old in Lalique – The Genesis Decanter; a set of three extremely rare vintages, The Château Lafite Rothschild Double Magnum Collection; and an exceptionally unique bottle produced from the owner’s original stocks – Port Ellen’s 39 Year Old. The collection will also be showcased and celebrated at Changi Airport through a series of activations at Terminals 2 and 3 until the end of April.

    DFS’ Masters of Wines and Spirits 2019 Collection

    More than 80 Cognacs and Whiskies make up this year’s collection and include The Dalmore Constellation Vintage 1973 Drinking Cabinet, a very special bespoke and handcrafted cabinet commissioned by Richard Paterson, containing The Constellation Vintage 1973 (cask no.10). The Bunnahabhain 39-Year-Old Spanish Octave Finish, an exclusive limited edition piece that forms part of the new Bunnahabhain Element Series which is crafted around the importance of various elements impacting on the character of each Bunnahabhain whisky, and the DFS Exclusive, Caol Ila 35 Year Old boasting a fine freshness, cleanliness and precision for its age.

    The Glenfiddich 45-Year-Old, an exclusive blend for DFS Masters of Wines and Spirits, honors a whisky-making tradition dating back to 1887 and is a true reflection of the passion and innovative spirit passed down through all five generations of the Grant family. Possibly the last ever cask of Karuizawa Single Malt to be bottled in Japan is the Karuizawa Single Cask 1995. Port Ellen 39-Year-Old is an elegant complex 39 year old Single Malt Whisky, unlocked from the heart of Port Ellen and expertly married from a selection of ex-Bourbon and ex-Sherry refill casks.

    Macallan presents The Macallan 72-Year-Old In Lalique – The Genesis Decanter, the oldest whisky ever released by the Macallan family in commemoration of the opening of its new Distillery and Visitor Experience. Presented in a bespoke limited-edition crystal decanter handcrafted by Lalique, this exceptional whisky celebrates the collaboration of masters from across the fields of whisky, crystal, architecture, construction and craftsmanship. Also from the Macallan family comes The Macallan Fine & Rare Decades Collection. Created exclusively for DFS, the collection features five Fine & Rare vintages from 1938, 1947, 1954, 1965, 1976, each drawn from a single unique cask, denoting key historical events for the year.

    From the world of wine, DFS presents more than 60 collections including The Château Lafite Rothschild Double Magnum Collection, a rare opportunity to collect three of the great vintages produced by the estate in big formats and The Château Mouton Rothschild Magnum Collection, a unique six-vintage magnum set of exceptional vintages from 1988 to 2009.

    The Penfolds 2015 Bin 707 Cabernet Sauvignon Imperial is one of the world’s most iconic Cabernet Sauvignons and a true representation of the Penfolds ‘House Style’ and has shown its ability to age with grace and finesse since the first vintage in 1964. All great wines begin with a great site, and the Continuum Tim Mondavi Library Vertical Selection is a unique collection offering an opportunity to enjoy a vertical flight of Continuum vintages from 2010 through 2015.

    Giving reason to celebrate is the Rare Le Secret Magnum Vintage 1997 With Emerald, Ruby, Sapphire from Piper-Heidsieck. Inspired by the muse of both Maisons, Marie- Antoinette, Queen of France, Rare Le Secret High Jewellery is royally embellished with a one- carat precious stone, interwoven golden bands set with 510 diamonds. Presented in a majestic box, this spectacular edition has been for more than 20 years in the cellar of Régis Camus, Rare  Champagne’s Cellar Master.

    DFS Masters of Wines and Spirits is part of the DFS Masters Series, a signature program of exhibitions around the world. The Masters Series is a showcase of the pinnacle of DFS’ leadership and innovation in curating and creating exceptional experiences across its five pillars of luxury: Wines and Spirits, Beauty and Fragrances, Watches and Jewelry, Fashion and Accessories, and Food and Gifts.