Forever 21 returns to Japan after 4-year break
At its Japan outlets, it aims to reestablish its popularity as a casual brand that emphasiSes affordability and trends.
Corporate Buzz
Big opportunities inject shot of caffeine into China’s smaller cities
The move into lower-tier Chinese cities signals the rapid expansion to grab more consumers at better costs, an industry expert said.
NBA, Ant Group launch strategic partnership in China
The collaboration with the league's Chinese business arm will cover areas such as joint marketing campaigns and digital collectables.
Indonesia’s smartphone market tightens as Samsung pushes foldable devices
An analyst predicts that Samsung’s foldable phones might become a new trend this year as other brands developed their own versions.
Thai tobacco trade rocked by boom in online sales of illegal cigs
Internet sellers are flooding Thailand with illegal, untaxed cigarettes and exposing children to the habit, the tobacco industry warned.
Samsung vows to replace all plastics in Galaxy phones with recycled materials by 2050
Using recycled materials may cost more, but the tech giant says it will bear the burden without raising product prices.
Apple Pay to kick off service in Korea after years of rumours
The rollout is expected to strengthen competition in the local mobile payments market that is dominated by Samsung Electronics' Samsung Pay.
Scoot’s Pikachu Jet touches down for Thailand debut
Scoot is the first carrier in the Asean region to launch an exclusive design in collaboration with The Pokémon Company, the Japan-based firm responsible for the media franchise.
Kakao becomes SM’s 2nd largest stakeholder
Kakao made the investment in part by acquiring SM's newly issued stocks through third-party paid-in capital increases.
China expresses concern over reports of Huawei export curbs
A Foreign Ministry spokeswoman also said China will continue to firmly safeguard the legitimate rights and interests of Chinese enterprises.