Vietnam a Potential Market for Luxury Brands
Vietnam has a huge potential to become a new destination for luxury brands in the near future. The country’s rising high-income consumers are the main attribute to the positive outlook of the market. Specifically, Vietnam’s GDP per capita has increased nearly three...
First LaLaPort Mall in Southeast Asia to Open in Kuala Lumpur
Mitsui Fudosan has opened a Japanese lifestyle shopping mall LaLaport in Kuala Lumpur, its second overseas outlet after Lalaport Shanghai Jinqiao in China. The mall is expected to bring in more Japanese retailers into the market, as the outlet, known as Mitsui...
Wine Retailer Boosts Retail Purchases Through High-Tech Sensory Upgrades
The Covid-19 pandemic has provided the digitization catalyst for many businesses. Covid-19 precautions have led to fewer wine tasting opportunities, which has led wine giant Penfolds to employ high-tech “phygital” interactive sensory tools to engage...