Eric Chevallier, second from right, explains the finer points of Sakai knives to French tourists at the Sakai Traditional Crafts Museum. (Photo by Tomohiro Takasa)
Food & Beverage

Sakai knives draw global fans to Japanese city, sharpening sales

Crafts museum sees influx of tourists seeking to try out blades steeped in tradition

4 December 2023
Uoriki, a Japanese retail and wholesale company dealing in fresh fish and sushi, opened a shop in a large Bangkok supermarket on Oct. 30.
Food & Beverage

Fresh fish from Japan booms in Thailand

CP-Uoriki to open 100 stores in 5 years as Thais hunger for Japanese foods

3 December 2023
Cartier occupies a prime location, just to the right as shoppers make their way through the main entrance. Gucci, Rolex and Louis Vuitton are not many doors down. (Photo courtesy of Reliance Industries)
Retail

Reliance targets Mumbai's wealthy with new shopping mall

Next to glitzy Cartier, Gucci, Rolex and Balenciaga, Muji hopes to stand out

3 December 2023
The wholesale price of crab in Japan has fallen by as much as half since last year. (Photo obtained by Nikkei)
Fisheries

Crab meat prices drop in Japan as Russian imports flood market

Seafood being diverted to Asian markets after U.S. imposes ban

3 December 2023
The food court at Bangkok's new EmSphere shopping center drew crowds on opening day Dec. 1. (Photo by Kosuke Inoue)
Retail

New Bangkok megamall EmSphere opens with IKEA, dining

Thai retailer The Mall Group powers up hoped-for tourist magnet

2 December 2023
Phuc Long tea shops are one of dozens of companies under the umbrella of Vietnam's Masan, a retail giant eyeing a possible IPO abroad. (Photo by Lien Hoang)
Retail

Vietnam retail giant Masan says investor tolerance for losses is fading

Sprawling conglomerate could list subsidiary overseas in coming years

1 December 2023
Alibaba, China's leading online retailer by market share, is starting to sweat as challenges from Pinduoduo and others pile up. (Source photos by AP and Reuters) 
Technology

Alibaba feels the heat as PDD catches up in U.S. market cap

Jack Ma urges 'sacrifices' from employees to help e-commerce king fend off rival

30 November 2023
The new Seibu store at The Exchange TRX mall in Kuala Lumpur is bigger than the Japanese chain's two Indonesia locations. (Photo by Mayuko Tani)
Retail

Japan's Seibu opens upscale department store in Malaysia

Fortress Investment-owned brand follows Japanese peers back to Southeast Asia

30 November 2023
Third-party companies are helping Japanese retailers like GroundWorks sell popular products, such as those from the Evangelion franchise, to overseas customers. (Photo by Masaharu Ban)
Retail

Japan e-retailers extend reach abroad with payment, translation help

Proxy buyer Beenos and startup Wovn support small sellers without in-house resources

27 November 2023
Pedestrians cross a street in front of a tax-free store in Tokyo.
Travel & Leisure

Japan eyes revamp to way tourists are reimbursed for tax-free sales

Tourists would be repaid for taxes at airports, not at point of sale, to fight fraud

25 November 2023
A Takashimaya department store in Tokyo. Japanese department stores logged their largest monthly duty-free  sales in October since tracking began in 2014.
Retail

Duty-free sales at Japan department stores hit record high

Weak yen fuels demand for luxury items among foreign visitors in October

25 November 2023
Nitori opened its first South Korean store in Seoul on Nov. 23. (Photo by Kotaro Hosokawa)
Retail

Japan's Nitori opens first South Korean store, aims to expand to 200 sites

Furniture retailer is pushing for growth beyond its home market

23 November 2023
A cosmetics store in Hanoi. Vietnam's beauty and personal care sector is one of the country's fastest-growing consumer segments, according to cosmetics chain Hasaki.
DealStreetAsia

Alibaba unit to invest in Vietnam beauty, personal care company Hasaki

Chain aims to capture at least 35% of local market share by 2027

20 November 2023
Japanese 7-Eleven stores feature machines that make fresh coffee. smoothies and now tea. (Photo by Nikkei)
Retail

Japan's 7-Eleven adds fresh-brewed tea, following coffee playbook

Exclusive: New feature targeted for 1,000 locations in 3 years

18 November 2023
Marty Mallick, left, Amazon's vice president of worldwide corporate business development, and Jose Munoz, Hyundai Motor's president and global chief operating officer and Hyundai Motor North America's president and CEO, at the Los Angeles Auto Show. (Photo courtesy of Hyundai Motor)
Automobiles

Hyundai Motor, in first, to sell new cars on Amazon from next year

South Korean automaker aims to expand presence with fresh sales channel

17 November 2023
A Burberry catwalk show during London Fashion Week in September. Burberry's sales in China in the second quarter were weak. 
Retail

Burberry says it may miss 2024 sales goal as China market weakens

Shares tumble as CEO blames overall sluggish luxury retail market

16 November 2023
Asustek Senior Vice President Jackie Hsu, left, and Chao Kuo-wei, general manager of the company's NUC business and IoT units say the outlook for servers and mini PCs is bright. (Photo by Cheng Ting-Fang)
Technology

Asustek to build server production line in U.S. to tap AI boom

Taiwan's top computer maker aims to grow data center and mini PC businesses

16 November 2023
Hong Kong startup Kamakura Foods’ founding CEO, Jason Chen (center), executive chef Manabu Oikawa (left) and head of engineering Stephen Chan are making a foray into the bento market in Japan. (Photo by Kenji Kawase)
Startups

Hong Kong food tech startup challenges Japanese bento market

Former Sony chip designer tries to make changes in lunch via tech

16 November 2023
JD.com says it is focused on price competitiveness as Chinese e-commerce players vie to attract cautious shoppers.
Retail

China's JD.com rallies on Q3 revenue beat

CEO Sandy Xu takes over as retail chief amid e-commerce price war

16 November 2023
China's Tencent Holdings has continued to focus on its core business while axing some loss-making operations. (Photo by Masayuki Terazawa) 
Technology

Tencent taps superapp WeChat for 'high quality growth'

New U.S. chips rules may impact company's chip leasing service

16 November 2023
Amazon Japan has invested heavily to build its logistics network with an eye on the looming cap on overtime work for delivery drivers. (Photo by Shiho Miyajima)
Retail

Amazon invested $8bn in Japan last year, expanding logistics network

Infrastructure building stepped up ahead of 2024 labor law revisions

15 November 2023
A JD.com Singles Day billboard in Beijing on Oct. 26.
Business Spotlight

China's Singles Day price war takes on painful new dimensions

Sites offer deep discounts but will that be enough to hang on to shoppers?

10 November 2023
The vacancy rate in Myeongdong looks to be about 10% to 20% these days, with no vacant stores visible on the main street. (Photo by Kotaro Hosokawa)
Property

Return of foreigners saves properties in Seoul's main shopping district

Skyrocketing vacancy rates in Myeongdong have started to come down to earth

5 November 2023
A new mall in the Chinese city of Wuhan is one of Aeon's largest in Asia. (Photo by Kohei Fujimura)
Companies

With huge new China mall, Japan's Aeon puts fun over shopping

New Wuhan destination offers go-karts, virtual reality and petting zoo

5 November 2023
Seven-Eleven Japan will launch products developed using artificial intelligence from 2024. (File photo by Keiichiro Sato)
Retail

7-Eleven Japan to use generative AI to speed production planning

New system expected to save time by a tenth and improve product quality

4 November 2023