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· Ryan General
Shein a ‘major threat’ to US specialty retailers, new survey finds
Union Bank of Switzerland (UBS) Evidence Lab's Global App Monitor reported that Chinese retailer Shein’s app is now the “most downloaded" shopping app in the U.S., mainly due to the online store’s affordable pricing. UBS, which surveyed 7,500 consumers in the U.S., Germany,…
· Editorial Staff
At Least 25 Global Brands Have Apologized to China Since 2017
Less than two weeks into October, over half a dozen U.S. organizations have kowtowed to political pressure from China, acknowledging the purchasing power of the world’s largest population and second-largest economy. The controversy involving the NBA has effectively stung a…
· Ryan General
Alibaba is About to Make $20 Billion in ONE DAY
China’s online retail behemoth Alibaba is gearing up for a massive revenue for the upcoming “Singles’ Day,” China’s official online shopping holiday scheduled Friday Nov. 11. According to market experts, Alibaba’s online sales may reach a record-breaking $20 billion this time…
· Michelle De Pacina
Popeyes returns to S. Korea for round 2 against Korean fried chicken
U.S. fried chicken chain Popeyes will be returning to South Korea next month after a nearly two-year hiatus. The company is set to open its first new location by Gangnam Station in southern Seoul in December. The store will begin its employee training on Monday next week.…
· Michelle De Pacina
Filipino fast food chain Jollibee to open flagship in Times Square with exclusive new menu
Filipino fast-food restaurant chain Jollibee will open a flagship restaurant in the heart of Times Square in New York City on Aug. 18. It will be located beside the Good Morning America Studio and the Bow Tie of Midtown, where the Times Square Ball Drop takes place every year.…
· Bryan Ke
Chinese smartphone brand Honor copies iPhone features, sees sales double
Chinese smartphone brand Honor saw its sales double in the second quarter (Q2) of 2022 by incorporating some features of Apple’s iPhone, such as facial recognition and a 120 Hz screen refresh rate. Honor saw a growth of 103% amid the decline of smartphone sales in the Chinese…
· Celine Pun
Canadian students saved customers $450k in grocery bills with their ‘peculiar’ delivery service
Canadian university students Sang Le and Arielle Lok created Peko Produce, a produce delivery service that reduces food waste and promotes the accessibility of affordable, healthy food. The Vancouver delivery service, which was launched in May 2021, saves produce from becoming…
· Carl Samson
How Costco became a mecca for Asian American shoppers
Costco, headquartered in Issaquah, Washington, has become a go-to shopping spot among Asian Americans in recent years. Earlier this year, analytics firm Numerator reported that the average Costco shopper is a married, 39-year-old Asian American woman who lives in the Pacific…
· Rebecca Moon
Japanese discount store Daiso to open its first location in Manhattan
Manhattan will be opening its first Daiso store sometime in July. The Japanese discount store currently has two other locations in New York City. The Manhattan location will have a large space of 4,800 square feet, selling a variety of items priced at an average of $1.99. The…
· Carl Samson
Uniqlo backpedals on Russia, suspends business in the country amid international boycott threats
In a U-turn on Thursday, Uniqlo said it will suspend operations in Russia due to “operational challenges and the worsening of the conflict situation.” Owner Tadashi Yanai previously said the brand will stay in Russia because “clothing is a necessity of life” and Russians “have…
· Carl Samson
Ukraine’s envoy to Japan slams Uniqlo for continuing operations in Russia: ‘What a shame’
Fast fashion retailer Uniqlo has remained in business in Russia despite pressure to close its 49 stores in the country. Tadashi Yanai, founder and president of Fast Retailing Co., the parent company of Uniqlo, said clothing is a necessity of life and Russians have the same right…
· Ryan General
New $1 billion Lego factory in Vietnam planned to be 100% powered by solar energy
Lego is responding to growing demands in Asia by investing $1 billion to build a toy factory in Vietnam. Second site in Asia: In a recent press release, the Danish toy company revealed that it is erecting a new 44-hectare (109-acre) facility in Binh Duong Province, which is…
· Carl Samson
Taiwanese American game developer jailed and held for 3 years in China for buying toy guns on Taobao
A Taiwanese American game developer spent three years in Chinese custody after authorities determined that he had bought illegal toy guns online. How it happened: San Cheng, 47, reportedly purchased dozens of toy guns on shopping site Taobao in 2016. He wanted to use them as…
· Ryan General
Emma Raducanu wanted to win U.S. Open so she could buy herself new AirPods
Emma Raducanu entered the U.S. Open as an underdog and emerged a global phenomenon. Driving force: Raducanu showed tenacity throughout her U.S. Open campaign, winning 20 consecutive sets in 10 matches, partly because she wanted to buy herself a new pair of AirPods.
· Thy Nguyen
Barbie designs doll after Asian American healthcare worker Dr. Audrey Sue Cruz for #ThankYouHeroes
Barbie’s new collection of “medical role model” dolls highlighting healthcare workers features an Asian American doll designed after Dr. Audrey Sue Cruz. Cruz’s doll: Cruz, an internal medicine physician from Las Vegas, was chosen as the U.S. representative due to her work…
· Carl Samson
Hennessy Presents Free Virtual Lunar New Year Event With Henry Golding, Jay Park
Hennessy is ushering the Lunar New Year with X.O OX Experience, a virtual charity event that will feature icons and entrepreneurs from the Asian American and Pacific Islander community. Centered around themes of hope and resilience, the digital experience seeks to inspire…
· Bryan Ke
Gemma Chan Becomes the Face of the World’s Biggest Beauty Brand
“Crazy Rich Asians” star Gemma Chan will launch her first global campaign for L’Oréal Paris this month after becoming the French cosmetic company’s new partner. The 35-year-old actress joined L’Oréal Paris after the company announced the news on Nov. 17. She is joined by other…
· Ryan General
Panda Express is the ‘Safest Place’ to Eat at, Researchers Say
One restaurant chain has been deemed by a recent national survey as the safest in the food and beverage industry in the United States. Survey says: According to global research firm Ipsos, popular Chinese American food chain Panda Express is the safest place for dining outside…
· Carl Samson
Kendall and Kylie Jenner Face Backlash for Allegedly Refusing to Pay Bangladeshi Factory Workers
Jenner sisters Kendall and Kylie refuted allegations of failing to compensate a factory in Bangladesh that produces garments for their joint fashion line, Kendall + Kylie. The claims came to light in a now-deleted post by fashion watchdog Diet Prada, which also cited efforts of…
· Kimberly Nguyen
Lululemon Founder Named the Company Because It Was ‘Funny to Watch’ Japanese People Try to Say It
Lululemon’s original founder, Chip Wilson, stepped down in December 2013 following some questionable statements, but now the Vancouver-based athletic apparel company is back in the spotlight. Earlier this week, Lululemon came under scrutiny when one of its senior global art…
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Hello Kitty connects to Sanrio, licensing, collabs, and global retail.