Tokyo’s Ginza Six mall closes more stores as pandemic keeps shoppers away
THE WHAT? Ginza Six mall located in Tokyo has shuttered more stores due to the ongoing COVID-19 travel bans, with tourists and high-end consumers staying away from the shopping destination, according to a report by Reuters. THE DETAILS According to the mall, 15...
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Lagardère Travel Retail partners with Hainan Tourism Investment Development to open large scale store
Lagardère Travel Retail has partnered with Hainan Tourism Investment Development to open its second large-scale, Duty Free store in downtown Sanya.
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Pola bets on upswing in Chinese travel retail market with planned opening of 20 new stores
Pola is planning the opening of 20 new duty-free stores in China by 2023 end, looking to capitalize on the ongoing return footfall as international travel begins to resume, according to a report by Nikkei Asia.
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‘The era of micro-commerce has arrived’: JD.com, Dada Group and Innisfree form strategic partnership
Dada Group has announced a strategic partnership with JD.com and Innisfree through which, Innisfree will join the company’s O2O platform, allowing its customers to access Dada Now’s one-hour delivery service and transforming the AmorePacific-owned K-beauty brand’s logistical and order fulfilment capabilities.
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Lessons learned in 2020 – Retail
As pandemic-related closures forced us all off the high streets and onto the internet and essentially wiped out the travel retail channel, everything we thought we knew about shopping for beauty changed. For although online shopping has always been there, pre-Covid, the majority of beauty buyers still shopped in store. Accordingly, e-commerce development had lagged in recent years, leaving brands and retailers playing catch up.
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Kix Duty Free opens Kansai Airport store
Kix Duty Free has cut the ribbon on its first beauty-based store at Kansai International Airport’s Terminal 1, according to a report published by TR Business.
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Alibaba strikes deal with istyle to allow @cosme sales in China
istyle is set to open a flagship store for its @cosme brand on Tmall Global, according to a report published by Nikkei Asia.
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Perfect Corp teams up with Ultima II to launch AR & AI virtual make-over
Perfect Corp has teamed up with Ultima II, an Indonesian skincare and makeup company, to launch an AR & AI virtual make-over on the brand’s website.
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Aekung opens a flagship store on Tmall
K-beauty’s Aekung has unveiled a flagship digital store on Alibaba-owned Tmall, according to a report published by Aju Business Daily.
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Katy Perry performs for Alibaba’s Single’s Day; e-commerce giant smashes last year’s sales in 30 minutes
Alibaba has unveiled a range of online promotions in the absence of physical events for its annual 11th November Single’s Day, with the e-commerce giant topping last year’s 24-hour total in the first 30 minutes, according to a report by Bloomberg.com.
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