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  • Fashion label launches Hello Kitty clothing line

    Fashion label launches Hello Kitty clothing line

    Local fashion label Ruby is launching a limited-edition collection of Hello Kitty-licenced products, including t-shirts, sweatshirts, oversized hoodies and activewear.

    The collection, Ruby x Hello Kitty, will be available in stores and online from August 16, and is expected to take the brand’s customers on a trip down memory lane.

    “This collection with Sanrio has been so exciting,” said Deanna Didovich, Ruby’s creative director, said in a statement.

    “Growing up I collected anything Hello Kitty! There’s no doubt Ruby x Hello Kitty will be one to remember,” she said.

    The collection also includes several non-licensed products, including a satin skirt and bomber jacket set designed to be mixed and matched with the streetwear pieces, as well as a denim jacket and mini-skirt.

    The Hello Kitty activewear set is made from econyl fibre, which is nylon that is 100 per cent regenerated from recovered fishnets and nylon waste. This helps to reduce the global warming impact of nylon by up to 80 per cent.

    Ruby and its sister label, Liam, are increasingly incorporating sustainable materials into their collections.

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  • Line Friends opens pop-up store at Changi airport

    Line Friends opens pop-up store at Changi airport

    Line Friends has opened a pop-up store at Changi Airport Terminal 3 Departure hall.

    Set to open until August 8, the store offers the latest summer collections of Line Friends characters featuring Brown, Choco, Sally, Cony and more on one half.

    The other half is dedicated to licensed merchandise featuring all the eight BT21 characters, which is designed by K-pop band BTS, including table figurines, cushions, and keychains.

    The store will also stock BT21 x Uniqlo collection and a slew of Singapore-exclusive products including plushies and comfortable cushions.

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  • Luk Fook Plans to Expand in China to maintain growth

    Luk Fook Plans to Expand in China to maintain growth

    Luk Fook will add at least 150 stores in Mainland China this year as it looks to mitigate falling sales in Hong Kong.

    Releasing its results for the financial year to March 31, Luk Fook said profit attributable to shareholders rose 9 percent to HK$1.5 billion on sales up 8.8 percent to $15.9 billion.

    During the year the company added 194 stores on the mainland taking its global network to 1833.

    “As Mainland China remains to be a market with promising growth potential in the mid- to long-term, the group will continue to focus on business expansion [there],” said Luk Fook chairman and CEO Wai Sheung Wong.

    “The target for net addition of shops in Mainland China in the coming year, including newly developed brands, is not less than 150 shops and will expand its network to lower-tier cities by opening mainly licensed shops. The group is also committed to further developing its e-commerce business and strengthening cooperation with e-commerce platforms in Mainland China, aiming to grow e-commerce revenue by 20 per cent,” he said.

    “In light of the enormous spending potential of young consumers on online sales platforms, the group will step up its efforts to promote the sales of affordable luxury jewelry products to expand its footprint in the young consumer market.”

    Last year was one of two differing halves for Luk Fook, the first half of growing sales in Hong Kong and Macau, the second of declining sales as trade tensions grew between China and the US and consumer sentiment dived. That trend continued from April through to three weeks into this month with same-store sales in Hong Kong and Macau down by the low-double digits and on the mainland by the mid-single digits for company-owned stores and low-single digits for licensed shops.

    Given the continuing uncertainties on the macro-economic environment arising from the US-China trade war, Luk Fook expects “flattish” revenue and profit growth for the current financial year but hopes to maintain profitability at last year’s level.

    Last year, the retail business was Luk Fook’s main source of revenue, rising by 9.8 percent

    Year on year to $12.075 billion and accounting for 76.1 percent of total sales.

    The group’s retail revenue in the Hong Kong market increased by 11.6 percent to $7.44 billion, despite a lackluster second half.

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  • Line Friends Enters Hollywood

    Line Friends Enters Hollywood

    Global character brand Line Friends opened its second and largest official US store last Saturday.

    The new Los Angeles store on Hollywood Blvd, which offers interactive photo zones and signature character merchandise, attracted more than 18,000 visitors on opening weekend. It features a large-scale retail space with a wide array of photo zones and Instagram-ready displays.

    “As we continue to win the hearts of millennials all over the world, we are excited to have successfully opened our second and biggest Line Friends store in Hollywood, the intersection of pop culture and tourist attractions,” read a statement issued by the company.

    “As part of Line Friends’ growing global presence, the Hollywood store is a key milestone for the company in diversifying its business, aiming to be a global creative studio and continuing to expand into the US market.”

    Line Friends features characters which were originally created for use as stickers for the mobile messenger application Line, by Naver, and its 200 million active users worldwide. With Brown & Friends at its heart represented by Brown Choco, Cony and Sally as signature characters, the company is continuously creating and introducing new Intellectual Properties like BT21 and Roy6, in addition to Running Man and Usamaru.

    The Los Angeles store comes after the successful 2017 opening of the Line Friends flagship store in Times Square – which more than 300,000 locals and tourists visited during opening week – and the Line Friends pop-up store in Hollywood last year, which drew more than 15,000 visitors.

  • Visa and LINE pay to partner on next-generation fintech solutions

    Visa and LINE pay to partner on next-generation fintech solutions

    Visa (NYSE: V), the global payments leader, and LINE Pay Corporation, operator of digital wallet and fintech services on the LINE messaging app, today announced a strategic partnership that will see them create new financial services experiences for their collective user bases of millions of consumers and merchants worldwide[1].

    The two companies will collaborate across multiple areas, including:

    • Everyday consumer payments: LINE’s 187 million global monthly active users will be able to apply for a digital Visa card from within the LINE app, and over time, add any of their existing Visa cards to make seamless payments from their mobile phone.  The companies will also offer consumers additional and enhanced experiences like integrated loyalty programs and tailored offers and new payment capabilities for users when they travel overseas.
    • Solutions for merchants: Through Visa, LINE Pay consumers will be able to use LINE Pay branded capabilities at Visa’s 54 million merchant locations worldwide, enabling them to take advantage of LINE Pay offers and services. They will also be able to see these transactions in their LINE Pay digital wallet, even where LINE Pay is not directly accepted. In addition, Visa and LINE Pay will collaborate on ways for merchants to interact with the LINE Pay service as well as LINE Pay digital wallet, supporting the continued growth of globally interoperable payments.
    • Fintech services: LINE Pay and Visa will develop new experiences based on blockchain that enable B2B and cross-border payments and alternative currency transactions.
    • Marketing: Ahead of the Tokyo 2020 Olympic Games, Visa and LINE Pay will partner on exclusive marketing campaigns and promotions to contribute to Japan’s acceleration towards a cashless society in the lead-up to and after the Olympic Games.

    Messaging apps are a fast-growing frontier in digital commerce, as consumers look for more of their everyday tasks, like payments, to be integrated with the apps where they’re spending more of their time. As consumer preferences shift further towards a single app from which they can do everything – transfer money, make an online purchase, pay bills, book travel, and order food – LINE Pay and Visa’s partnership will make that seamless experience a reality for millions of users while ensuring LINE Pay and Visa further drive the expansion of globally interoperable, open-loop payments.

    This new partnership extends the existing relationship between Visa and LINE Pay, which includes co-branded LINE Pay Visa cards in Taiwan and to be launched later this year in Japan.

    “The Visa co-brand program that currently serves 2.3 million customers in Taiwan is one of Visa’s fastest-growing programs globally,” said Chris Clark, Regional President, Asia Pacific, Visa.  “We are excited to extend this momentum to a range of new solutions in more markets around the world.  As the LINE Pay team continue to enhance the utility of the LINE messaging application for consumers’ everyday lives, we are impressed by the potential of LINE’s distribution power and consumer loyalty to further drive the growth of the global, open-loop payments ecosystem to benefit all players on our network – consumers, merchants, and issuing and acquiring banks.”

    “LINE Pay is more than just a payment method. As we transition to a cashless society, LINE Pay is focused on delivering added value to LINE’s users around the world and business partners,” said Youngsu Ko, CEO of LINE Pay and LINE’s Fintech Company. “With Visa’s global network and infrastructure, LINE Pay users will be able to enjoy the advantages of that innovative, worldwide network.”

    As payments move away from traditional plastic cards into smartphones, connected devices, and other digital formats, Visa is working with its partners around the world to enable new consumer experiences that are based on digital cards and extending its network to collaborate with new players. This includes the Visa fintech fast-track program, which makes it quicker and easier to build and deliver new commerce experiences on Visa’s payments network.

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  • LINE FRIENDS releases the first official episode ofthe BT21 UNIVERSE series

    LINE FRIENDS releases the first official episode ofthe BT21 UNIVERSE series

    LINE FRIENDS, one of the world’s fastest growing global character brands, released the first official episode of ‘BT21 UNIVERSE’ through its official social media channels on April 4. The video immediately went viral among millennials from all around the world, recording over 1 million views less than a day and ranking #3 most watched video at YouTube.

    The ‘BT21 UNIVERSE’ consists of 9 episodes and features BTS members gathered around, using their imaginations to discuss the new characters and stories of BT21 – a new character IP created in close collaboration between LINE FRIENDS and BTS. The teaser videos released on March 27 and 29 prior to the first episode already drew massive attention, reaching almost 2 million views in total in which fans expressed high levels of affection and expectation towards the globally loved BT21. Not only that, on April 1, a few rough sketches which drop a hint about the ‘BT21 UNIVERSE’ were revealed at the official Twitter BT21 account in celebration of the April Fools’ Day and the content were rapidly shared and spread, reaching over 6,000 comments within an hour.

    In the recently released first episode, BTS members disclosed the first topic, ‘friends and family of BT21’ and BTS members expressed enthusiasm when RM suggested taking the time to create the future of BT21. Then, they unfolded new stories of RJ, KOYA and SHOOKY – the characters which BTS took part in the entire process of creation. Jin disclosed RJ’s family background and the name of parents in a witty way, RM shared a story of how KOYA became a friend with a ‘leaf’ and Suga told the past story of SHOKY’s family and friends before SHOOKY met TATA.

    The millennials from all over the world have expressed great interest in the first episode of the BT21 UNIVERSE that unveiled exciting stories about the past of BT21 characters, featuring the fun and creative processes of BTS members. They commented, “The BT21 UNIVERSE is amazing. I can’t stop watching amusing stories of BT21 presented by BTS”, “The BT21 UNIVERSE sparks curiosity just like Marvel Cinematic Universe. I look forward to seeing how the BT21 UNIVERSE will unfold the stories behind BT21 characters.” Not only that, the BT21 UNIVERSE has prompted a lot of interpretations and guesses of the yet-to-be released characters and stories online.

    In the ‘BT21 UNIVERSE’ series, LINE FRIENDS will share the behind-the-scene clips of BTS members discussing the past, future, family, rivals and friends of the BT21 characters through the official social media channels every week until May. Following the <Family and Friends of BT21 1> that was released on April 4, Jungkook, V, J-Hope and Jimin will introduce the past stories of COOKY, TATA, MANG and CHIMMY in the next week’s episode.

    “LINE FRIENDS launched BT21 in 2017 through a year-long collaboration with global artist BTS and it garnered unprecedented wave of popularity from the millennials all around the world in such a short period of time. The release of the ‘BT21 UNIVERSE’ is particularly meaningful, because it is beyond a one-time new character development process and it unfolds the universe as the characters grow and develop, breaking from the conventional characters”, said LINE FRIENDS.

    LINE FRIENDS is planning to hold a special promotion via social media channels for customers in April, in which they can participate in creating characters. This is one of LINE FRIENDS’s continuous efforts to interact and engage with BT21 customers through wide range of activities.

    BT21 is a new IP created as the first project of ‘FRIENDS CREATORS’, which is a creative strategy to develop a new kind of character IP based on the uniqueness of global artists and creative capabilities of LINE FRIENDS. In 2017, LINE FRIENDS released a total of eight BT21 characters after a year-long collaboration with BTS and it has grown into a globally loved character, garnering remarkable achievements of more than 28 million sticker downloads and more than 3.3 billion Twitter exposures.

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  • Telenor appoints Irfan Khan to head the group’s Asia operations

    Telenor appoints Irfan Khan to head the group’s Asia operations

    Telenor Group has appointed Irfan Khan, chief of Pakistan unit, as executive vice president and cluster head for the Norwegian telecom group’s emerging Asia operations, effective from April 1, 2019.

    Khan (pictured) succeeds Petter-Børre Furberg, who will take up a role as CEO of Telenor Norway and move out of the group’s executive management team.

    As a result of the move, Khan will join Telenor Group’s executive management team and report directly to Telenor Group CEO and president Sigve Brekke.

    “I am confident that Irfan will continue to lead our dedicated and talented teams to success, connecting the cluster’s more than 130 million customers,” said Brekke. “I’d like to also thank Irfan’s predecessor in this role, Petter-Børre Furberg, for his leadership and achievements across our Asia region over the last several years.”

    He will also continue as CEO of Telenor Pakistan, a role he assumed in August 2016 following a three-year stint as deputy CEO and CMO of the business.

    Khan has been with Telenor for 14 years and was the first employee in Telenor Pakistan when he started as EVP and head of corporate affairs division in 2004.

    In Asia, Telenor has operations in Pakistan, Thailand, Bangladesh, Myanmar and Malaysia.

    Line appoints founder Jungho Shin as co-CEO

    Japan-based Line announced its founder and “chief wow officer” (CWO) Jungho Shin (pictured) will take up an additional role as co-CEO from April 1.

    As the co-CEO, Shin will now also focus on bolstering the competitiveness of Line’s services and promoting innovation, while Takeshi Idezawa will concentrate on the management, as well as revenue, organizational structure, human resources, and recruitment, the company said in a statement.

    Line said the decision was made during the company’s board meeting and the appointment comes as the company began what it calls its second growth phase this year, moving into new business domains such as fintech, AI and blockchain.

    “By having Idezawa and Shin commit to their respective areas of expertise under this new structure, the aim is to strengthen and enhance Line’s management structure, enable nimbler decision-making, and deliver world-class services that will accelerate Line’s growth, both in Asia and globally,” the company added.

    Shin was appointed as CWO in February. He has been with the company since its start, most recently serving as chief service officer since April 2018 and chief global officer before that.

  • LINE FRIENDS to expand its business in China throughstrategic partnership with Xiaomi

    LINE FRIENDS to expand its business in China throughstrategic partnership with Xiaomi

    LINE FRIENDS announced that it has formed a strategic partnership with the Chinese IT giant, Xiaomi and will launch the ‘MI9 SE BROWN EDITION’ package under the concept of ‘SUPER MI, SUPER BROWN’ in China on April 9.

    The first collaboration under the strategic partnership, ‘MI9 SE BROWN EDITION’ has garnered explosive responses from both local and global media as well as consumers after it was presented at the media event hosted by Xiaomi and personal social media account of Xiaomi CEO, Lei Jun on April 1 prior to the official release.

    ‘MI9 SE BROWN EDITION’ will be released at Xiaomi’s official stores on April 9, and LINE FRIENDS will expand the partnership with Xiaomi to launch a wider array of collaborative products with its character IPs.

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  • Fujitsu wins upgrade contract in US

    Fujitsu wins upgrade contract in US

    Three wins for three vendors plus some quantum security worth a look:

    Fujitsu Network Communications is helping US-based Midwest Fiber Network with a network upgrade. MFN, which is a consortium of nine RLECs in Iowa, is deploying 200GbE based on Fujitsu’s 1FINITY S100 layer 2 switch and Virtuora Network Control Solution. The upgrade will boost capacity for MFN’s member companies, both in an immediate sense and in terms of future expansion.

    Nokia has won a deal down in East Africa. Liquid Telecom’s Kenya subsidiary has announced a two year deal with Nokia that will see it deploy a 100G DWDM regional network. Initially that will mean 500Gbps connectivity to data centers and landing stations in not just Kenya but also inland to Rwanda, Uganda, and DR-Congo. The upgrade will be powered by Nokia’s 1830 Photonic Service Switch.

    Juniper Networks has announced an expansion of its relationship with LINE Corporation, making it the company’s networking vendor of choice. LINE’s instant messaging application has some 164M active monthly users around the Far East. The infrastructure supporting that app now includes Juniper’s MX960 routers in Tokyo, Osaka, and another unspecified overseas location.

    And on Tuesday ADVA said its FSP 3000 is part of the UKQNtel transport network.  Along with BT, ID Quantique, and the universities of Cambridge and York, the company has put together a quantum key distribution link over a 120km route between BT’s Adastral Park hub and Cambridge.  ADVA’s Ensemble Controller is managing the infrastructure as well.

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  • Bite & Bite with Line Friends cafe opens

    Bite & Bite with Line Friends cafe opens

    The world’s first Bite & Bite with Line Friends cafe has opened at Hong Kong International Airport. Operated by food and beverage company SSP Hong Kong, the cafe is located on level 7 near gate 201. The cafe combines original Line Friends characters with a variety of dishes ranging from breakfasts through to snacks and dinner fare in a 60-seat dining area. The menu features both Korean and western food.

    Line, a chat program headquartered in Japan owned by South Korea’s Naver Corporation, has opened Line Friends stores in Bangkok, Hong Kong, Seoul, Shanghai, Tokyo, Taipei, New York and Los Angeles, all selling memorabilia featuring the characters of software.

    The Bite & Bite with Line Friends cafe also sells lifestyle products, souvenirs and travel items, such as neck pillows, luggage tags and travel bags.

    View gallery below for pictures (6 images) :

     

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  • Vietnam’s four major transport projects on track for completion next year

    Vietnam’s four major transport projects on track for completion next year

    Vietnam is set to complete four infrastructure projects next year, some of them after long delays lasting several years.

    Hanoi’s first metro line 

    The 13-kilometer Cat Linh – Ha Dong metro line is expected to open commercial operations before the Tet Lunar New Year holiday starting February 2, 2019.

    All 13 trains on the route are being trial run every day now, running from Cat Linh Station in downtown Dong Da District to the Yen Nghia Station in the south-west Ha Dong District.The 13-kilometer Cat Linh – Ha Dong metro line is expected to open commercial operations before the Tet Lunar New Year holiday starting February 2, 2019.

    Each train has four coaches, with a total capacity of 1,000 passengers. The stainless steel coaches are approximately 19 meters long. The trains now run at 30-35 kilometers an hour, even though they are designed to reach speeds of 65 kilometers an hour. A complete trip takes about 30 minutes.

    Work on the project is 96 percent complete, officials say, adding that the terminals and depots are “83 percent equipped.”

    Construction of the Cat Linh-Ha Dong elevated railway started in October 2011 and was originally scheduled for completion in 2013. But several hurdles, including loan disbursement issues with China that were only resolved last December, have been stalling the project for years.

    The original cost estimate of $552.86 million has also ballooned to more than $868 million, including $670 million in loans from China.

    Bac Giang – Lang Son expressway

    The expressway connecting Bac Giang Province north-east of Hanoi to the northern Lang Son Province bordering China is expected to be completed next December.

    The four-lane expressway runs 64 kilometers. A 110-kilometer stretch of the existing National Route 1A connecting the two provinces will also be upgraded to be part of the expressway.

    The total project cost has been estimated at VND12.19 trillion ($523.67 million).

    Most of the expressway has been completed. Next year, operators will finish laying asphalt and installing road signs and lights.

    Work on the expressway started in October 2015 and was scheduled for completion last year. However, the  Ministry of Transport had to select a new investor for the project after the original one was found wanting.

    The Bac Giang – Lang Son expressway is part of the Hanoi – Lang Son expressway, connecting the capital with the Huu Nghi International Border Gate in Lang Son Province.

    Cu Mong Tunnels 

    The Cu Mong Pass, lies mostly in Binh Dinh and partly in Phu Yen, is one of the most dangerous passes in Vietnam. The new tunnels are expected to reduce the number of dangerous traffic accidents that the pass has become infamous for. They would also reduce travel time between the two provinces.The Cu Mong tunnels, connecting the southern provinces of Binh Dinh and Phu Yen, are expected to open on January 21, allowing all vehicles to go through free of charge during the February 2-10 Tet holiday.

    The two tunnels are 2.6 kilometers long and 30 meters apart and have a 4-kilometer lead-in road. The tunnels allow a maximum speed of 80 kilometers an hour. For an unspecified first period, only one tunnel will be operated. For now, the second one will be reserved for use in emergencies.

    The tunnels have a total capital of almost VND4 trillion ($171.82 million). Construction started in September 2015.

    Vam Cong Bridge in the Mekong Delta Region

    This is the second bridge over the Hau River after the Can Tho Bridge, which is 48 kilometers away. It is part of the route connecting Can Tho with An Giang Province, built to boost the socio-economic development of the Mekong Delta region.The bridge, which connects the southern province of Dong Thap with Can Tho City, is expected to be operational by next July.

    The bridge was supposed to be completed by November 2017, but authorities found out that a horizonal beam had a crack four centimeters wide and two meters long.

    The Ministry of Transport ordered repairs, and so far 26 out of 38 steps for this process has been completed.

    The bridge’s budget of $270 million was sourced through official development assistance from South Korea and Vietnam’s counterpart funds.

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  • Starbucks Tokyo Reserve opening date revealed

    Starbucks Tokyo Reserve opening date revealed

    The planned Starbucks Tokyo Reserve Roastery will open on February 28 next year. The outlet will launch in the Nakameguro district as the brand’s fifth global Reserve Roastery, designed and constructed in partnership with architect/Kuma Lab founder Kengo Kuma.

    Starbucks will build 100 new stores in Japan every year over the following three years, bringing its total stores to 1700 within the territory.

    Starbucks president and CEO Kevin Johnson said: “We continue to thoughtfully evolve within Japan’s elevated coffee culture to maintain a leadership position and achieve profitable growth for the long-term.”

    The firm recently launched a delivery program in Japan in partnership with Uber Eats, as well as a partnership with Japanese social media platform Line that is expected to result in a digital payment system.

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  • Nokia launches Fixed Access Health Index

    Nokia launches Fixed Access Health Index

    Nokia has announced it has developed a new metric for measuring the quality and performance of fixed access networks in a standardized way.

    The Nokia Fixed Access Health Index for service providers uses Nokia’s automation and analytics capabilities to benchmark the performance and health of fixed line networks against those of industry peers.

    It is designed to act as the foundation for network optimization programs, and measure their performance and progress over time through regular performance measurements.

    The index is already in use by multiple operators, including a major Asian service provider that used the tool to optimize the network health and quality of its recently introduced IPTV service.

    “The initial results we saw with our pioneering customers in this domain were so impressive that we decided to go for a ‘standardized’ approach, which can be replicated with other service providers,” Nokia president of fixed networks Federico Guillén said.

    “Based on a series of playbooks, each operator gets a personalized evaluation and improvement plan. To offer this kind of service, we build on our expertise in all 20 of the largest access networks globally, and with more than 300 fixed broadband customers worldwide, which gives us an endless source of knowledge to tap.”

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  • Bang & Olufsen made a Brown Bear speaker inspired by a Line character

    Bang & Olufsen made a Brown Bear speaker inspired by a Line character

    Messaging platform Line has partnered with consumer electronics firm Bang & Olufsen to release a Brown-Bear themed speaker.

    The collaboration attests to the popularity of the chat app within Asia and of its proprietary characters, which are in familiar daily use amongst those who communicate via the platform. Brown Bear is a well-loved character in Line’s cartoon cast.

    Line character merchandise already sells in 108 countries, with a flagship store for Line-themed products in New York’s Times Square.

    The Bluetooth speaker, based on the firm’s Beoplay P2 model, is controlled by taps and shakes rather than button presses, and is brown with a featured Brown Bear accessory. It has been given a limited release with only 5000 units made, distributed in East Asia and the US both online and at a few retail outlets.

    Last month, Line partnered with DJI to create a Brown Bear-themed drone.

    View gallery of how the speaker looked like below (5 images) :

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  • iPrice to get investment from Naver Korea

    iPrice to get investment from Naver Korea

    South Korean internet service company Naver has invested in Malaysian retail aggregator iPrice.

    The firm intends to invest an undisclosed amount to fund iPrice’s expansion into the Indonesian market and to improve its platform towards a better user experience. It currently operates in seven Asian countries, serving to compare prices between similar products on different e-commerce platforms. It aims to become the primary gateway to online shopping in Southeast Asia.

    The firm recently acquired capital investments from Line Ventures, a Japanese subsidiary also owned by Naver.

    iPrice Group co-founder and CEO David Chmelar said: “Naver not only operates the leading search engine in Korea but has also been able to build an impressive shopping and price comparison engine in the country. Given the wealth of experience and strategic value that Naver brings to the table, we couldn’t pass the opportunity to welcome them as our latest investor.”

    Peter Na of Naver added: “The tremendous traction which iPrice has continued to display throughout its latest fundraising is a testament to the impressive execution of the team and the explosive growth of Southeast Asia’s e-commerce market.”