Companies like Uniqlo are stocking more products intended for foreign tourists. (Photo by Junya Hemmi)
Retail

Japan specialty stores log record sales on foreign tourist spending

Visitors attracted by weak yen open wallets for wide range of goods

7 August 2024
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Podcast: Tech Latest

China e-commerce ditches low prices for sales growth

Tech Latest: Tune in to Nikkei Asia's podcast for the freshest updates on the tech sector

6 August 2024
A KFC outlet in Shanghai. Yum China Holdings, which operates the fried chicken chain in China, is increasingly targeting cost-conscious consumers. (Photo by Wataru Suzuki)
Food & Beverage

Yum China expands new low-priced eateries in sign of frugal times

Fast food operator posts record quarterly profit as it responds to market 'challenges'

6 August 2024
Mizuno's sportswear is made from material that prevents infrared photography used to take voyeur photos.
Sports

ASICS and Mizuno showcase latest in sportswear tech at Olympics

Newest advances range from recyclable shoes to anti-voyeur clothing

4 August 2024
Convenience stores under the WinMart+ brand are at the center of Masan's retail expansion plans. (Photo by Yuji Nitta)
Retail

Vietnam retailer Masan aims for 30m loyalty members in expansion bid

Conglomerate plans to triple convenience stores to 10,000 by 2030

3 August 2024
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#techAsia

China e-commerce shifts gear and TSMC heads to Europe

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

1 August 2024
The Bangkok headquarters of CP All, one of the companies whose shares have benefited from announcements related to the government's digital wallet initiative.
Equities

Thailand's top stocks reap gains on digital wallet rollout

Food retailers, convenience stores and lenders among main beneficiaries

1 August 2024
ATMs are installed at the over 3,000 7-Eleven stores in the Philippines. (Seven Bank)
Finance

7-Eleven group ATMs coming to Malaysia in latest Southeast Asian expansion

Seven Bank to add new features like biometrics to cash machines in convenience stores

31 July 2024
China's e-commerce industry is searching for ways beyond low prices to attract shoppers and boost sales. 
Retail

For China's e-commerce platforms, low prices are no longer enough

Key sector is prioritizing sustainable sales growth

30 July 2024
Known in Japan for its potato-based snacks, Calbee is looking to venture into AI. (Photo by Kotaro Suzuki)
Food & Beverage

Japan snack giant Calbee looks to bring AI to potato chips

Company seeks U.S. startups to make healthier snacks and greener packaging

30 July 2024
Hong Kong's premier shopping mall Harbour City. "The strength of the Hong Kong dollar," which is pegged to the strong U.S. dollar, has dealt a further blow to the city's retailers, a government spokesman says. (Photo by Shinya Sawai)
Retail

Hong Kong retail hit by Shenzhen rivalry, weak mainlander spending

Wharf REIC slips to net loss while major chains report double-digit sales declines

29 July 2024
Screenshots of Nike's video ad for the Paris Olympics, which at one point shows an Asian table tennis player licking the edge of her paddle. (Photo by Ken Kobayashi)
Companies

Nike's Paris Olympics commercial criticized for 'insulting China'

Short scene in 90-second ad shows Asian table tennis player licking her paddle

24 July 2024
 Chinese e-commerce platform Taobao is looking to reach more overseas Chinese shoppers with free shipping.
Retail

Alibaba's Taobao takes on Temu, Shein with free overseas shipping

Chinese platform aims to leverage strength in apparel as competition heats up

23 July 2024
Trends spread quickly via social media in South Korea. (Photo by Nikkei)
Media & Entertainment

K-pop stars link hot South Korean products to eager Japanese buyers

Fandom drives fashion trends honed by social media scrutiny

21 July 2024
Mercari's U.S. business has been in the red since July-September 2021. (Photo by Mizuho Miyazaki)
Retail

Japan marketplace app Mercari lays off almost half its U.S. workforce

Inflation-hit Americans cut back on hobby spending, turn to Temu

20 July 2024
Chinese lifestyle chain Miniso's new store in Paris opened on June 22. (Miniso)
Retail

Chinese retailer Miniso says overseas revenue to surpass domestic sales

Licensed products expected to account for 50% of business by 2028

19 July 2024
Xiaohongshu occupies a unique position in China as a lifestyle encyclopedia and guide to daily life that few if any competitors seem able to match. (Source photos by Getty Images and Xiaohongshu website)
Business Spotlight

Xiaohongshu: Can China's wildly popular app raise its profit game?

Users find its shopping advice priceless, but go elsewhere for better deals

19 July 2024
An Urban Revivo location in Guangzhou: The brand's stores are designed to wow shoppers with art displays and high-tech features. (Photo by Wataru Suzuki)
Retail

China's Zara challenger Urban Revivo ramps up global growth plans

With focus on brick-and-mortar stores, parent eyes $13bn sales goal and IPO

15 July 2024
Contest winner Le Thi Huong Thao helps a customer at the Kobe Sannomiya Station Minami 7-Eleven store. (Photo by Daiki Hiraoka)
Retail

Vietnamese employee wins Japan's 7-Eleven customer service contest

2,500 local and foreign workers vie on friendly, effective assistance

13 July 2024
A Uniqlo store in Beijing: The Japanese fashion brand said it suffered a "large profit fall" in mainland China and Hong Kong. (Photo by Tomoko Wakasugi)
Retail

Uniqlo owner at 'turning point' in China due to large profit fall there

Fast Retailing revises up full-year net profit forecast on 37.4% quarterly rise

11 July 2024
China's silver economy could be worth as much as 30 trillion yuan ($4.1 trillion) and account for 10% of GDP by 2035, according to experts.
Business trends

China hopes senior citizens can spend the country out of its doldrums

Proportion of elderly heading toward 30%, with many pursuing a better life

11 July 2024
Fast Retailing opened a Uniqlo flagship store in Rome in April. (Photo by Sotaro Yumae)
Retail

Uniqlo to apply European 'select few' strategy worldwide

Fast Retailing differentiates itself from fast-fashion sellers like H&M, Zara

10 July 2024
Japan's economy shrank an annualized 0.1% in May, according to the Japan Center for Economic Research. (Photo by Yutaka Miyaguchi)
Economy

Japan's May GDP shrank 0.1% on weak consumption: JCER

Economy falls into contraction for the first time in four months

9 July 2024
The Bangkok area's Suvarnabhumi Airport will be affected by the duty-free shop closures, along with seven other airports.
Travel & Leisure

Thailand to shut duty-free shops at airport arrival zones

Tourist destination wants visitors to spend more in the country

6 July 2024
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Announcements

Lawson to be removed from JPX-Nikkei Index 400

Deletion follows company's designation as stock 'to be delisted'

3 July 2024