Content about Asia

September 29, 2014

Newgistics, a leading provider of end-to-end e-commerce solutions for top retailers and brands, is making it easier for U.S. retailers to access the largest markets overseas — including the U.K., Europe, Asia, Australia, Russia, China and South America — by expanding its parcel delivery and return services and reducing the costs of cross-border delivery.

Newgistics, a leading provider of end-to-end e-commerce solutions for top retailers and brands, is making it easier for U.S. retailers to access the largest markets overseas — including the U.K., Europe, Asia, Australia, Russia, China and South America — by expanding its parcel delivery and return services and reducing the costs of cross-border delivery.

Key features of Newgistics’ international solution include:
Delivery to 34 key global markets with plans for future expansion
Full end-to-end tracking

September 24, 2014

Three executives at Hormel Foods will be advancing to new roles as of Oct. 28.

Three executives at Hormel Foods will be advancing to new roles as of Oct. 28.

Mark D. Vaupel, currently director of information technology services, will advance to VP of information technology services. Swen Neufeldt, currently director of business development in Asia, general manager of China and VP of Hormel Foods International, will advance to president of Asia Pacific, Hormel Foods International. And Jeffrey A. Grev, currently director of corporate development, will advance to director of legislative affairs.

July 23, 2014

Timberland has elevated Stewart Whitney to brand president, effective Oct. 5. Whitney, who has led Timberland’s growth in the Asia Pacific region since 2008, will report to Patrik Frisk.

Timberland has elevated Stewart Whitney to brand president, effective Oct. 5. Whitney, who has led Timberland’s growth in the Asia Pacific region since 2008, will report to Patrik Frisk, who has held the position since the brand’s 2011 acquisition by VF Corporation and was promoted to coalition president, Outdoor Americas for VF, in April.

July 21, 2014

Loblaw, owner of the Joe Fresh brand, has promoted Mario Grauso to president of Joe Fresh. He was previously chief operating officer of the brand.

Loblaw, owner of the Joe Fresh brand, has promoted Mario Grauso to president of Joe Fresh. He was previously chief operating officer of the brand.

Grauso will continue to report to Joe Mimran, president of Joseph Mimran & Associates and creative director of Joe Fresh. In his new role, Grauso oversees business strategy, operations, marketing, international development, merchandising, sourcing and design functions at Joe Fresh.

July 14, 2014

Visa has entered into a partnership with Borderfree, a leading international cross-border e-commerce solutions provider, to offer customers in the United Arab Emirates, Saudi Arabia, Kuwait, Qatar, Bahrain and Jordan special promotions from retailers in the United States.

Visa has entered into a partnership with Borderfree, a leading international cross-border e-commerce solutions provider, to offer customers in the United Arab Emirates, Saudi Arabia, Kuwait, Qatar, Bahrain and Jordan special promotions from retailers in the United States.

June 17, 2014

Designer shoemaker Stuart Weitzman has selected Brazilian model Gisele Bundchen to be the face of its fall advertising campaign.

Designer shoemaker Stuart Weitzman has selected Brazilian model Gisele Bundchen to be the face of its fall advertising campaign.

Set to launch in the U.S., Europe and Asia, the advertising campaign will feature black-and-white photos of Bundchen shot by photographer Mario Testino, whose work has appeared in Vogue and Vanity Fair.

June 11, 2014

Chine-based e-commerce company DHgate allows consumers and business to purchase goods directly from Chinese manufacturers and has big growth plans after hiring veterans of Amazon, Google, eBay and Alibaba.

Chine-based e-commerce company DHgate allows consumers and business to purchase goods directly from Chinese manufacturers and has big growth plans after hiring veterans of Amazon, Google, eBay and Alibaba.

May 16, 2014

Mattel has elevated company veteran Tim Kilpin to the role of EVP, international. Kilpin will be responsible for advancing the company’s international presence and leading its growth in emerging markets throughout Asia, Europe and Latin America.

Mattel has elevated company veteran Tim Kilpin to the role of EVP, international. Kilpin will be responsible for advancing the company’s international presence and leading its growth in emerging markets throughout Asia, Europe and Latin America.

April 10, 2014

Major expansions at several U.S. distribution facilities in California and Kentucky increase UPS’ distribution capacity by roughly 460,000 square feet.

Major expansions at several U.S. distribution facilities in California and Kentucky increase UPS’ distribution capacity by roughly 460,000 square feet.

The largest expansion came at the UPS facility in the southern California town of Mira Loma near the Los Angeles Ontario Airport. The regional air hub gained 309,000 square feet of space to enhance its ability to allow retail and manufacturing customers to move shipment originating from Asia throughout the U.S. due to its proximity to transcontinental rail connection and major highways.

April 9, 2014

First it was signage and then came the freezer case and parking lots. Now Walmart and GE are moving forward with their biggest lighting initiative to date.

First it was signage and then came the freezer case and parking lots. Now Walmart and GE are moving forward with their biggest lighting initiative to date.

The companies announced plans to use GE LED lights in ceiling fixtures in hundreds of stores throughout the U.S., Asia, Latin Amerian and the United Kingdom. The new fixtures use 40% less energy than traditional overhead lighting systems and move Walmart forward on its goal of reducing energy required to power its buildings globally by 20% by 2020. It is Walmart’s largest purchase of GE LED lighting to date.

March 10, 2014

Chiquita Brands International plans to combine with and Fyffes, an international importer and distributor of tropical produce, in a stock-for-stock transaction that will create a global banana and other fresh produce company with approximately $4.6 billion in annual revenues.

Chiquita Brands International plans to combine with and Fyffes, an international importer and distributor of tropical produce, in a stock-for-stock transaction that will create a global banana and other fresh produce company with approximately $4.6 billion in annual revenues.

Once the transaction is completed, before the end of 2014, Chiquita shareholders will own approximately 50.7% of ChiquitaFyffes, while Fyffes shareholders will own the remaining 49.3%, on a fully diluted basis.

December 27, 2013

Campbell Soup Company begins 2014 with two new executives in key roles as it looks to drive sales in Asia and increase marketing effectiveness in the United States following a difficult first quarter.

Campbell Soup Company begins 2014 with two new executives in key roles as it looks to drive sales in Asia and increase marketing effectiveness in the United States following a difficult first quarter.

November 7, 2013

Payvision, an independent payment services provider, has added JCB Card to its global payment portfolio. As the only international payment card brand based in Japan, JCB has a strong presence in Asia, while processing secure payment transactions for its expanding network of 24 million merchants worldwide.

Payvision, an independent payment services provider, has added JCB Card to its global payment portfolio. As the only international payment card brand based in Japan, JCB has a strong presence in Asia, while processing secure payment transactions for its expanding network of 24 million merchants worldwide.

October 7, 2013

The Asia-Pacific Economic Cooperation (APEC) organization’s CEO Summit is winding down in Bali, Indonesia and Walmart Asia CEO Scott Price used the event as a platform to share progress the company has made on a variety of fronts.

The Asia-Pacific Economic Cooperation (APEC) organization’s CEO Summit is winding down in Bali, Indonesia and Walmart Asia CEO Scott Price used the event as a platform to share progress the company has made on a variety of fronts.

Price, who serves as chairman of the National Center for APEC, was among a roster of high level business executive and global political leaders to attend the event which ran from October 1-8. Notably absent was U.S. President Barack Obama who had canceled his visit at the last minute due to the U.S. government shutdown.

October 7, 2013

The Asia-Pacific Economic Cooperation (APEC) organization’s CEO Summit is winding down in Bali, Indonesia and Walmart Asia CEO Scott Price used the event as a platform to share progress the company has made on a variety of fronts.

The Asia-Pacific Economic Cooperation (APEC) organization’s CEO Summit is winding down in Bali, Indonesia and Walmart Asia CEO Scott Price used the event as a platform to share progress the company has made on a variety of fronts.

Price, who serves as chairman of the National Center for APEC, was among a roster of high level business executive and global political leaders to attend the event which ran from October 1-8. Notably absent was U.S. President Barack Obama who had canceled his visit at the last minute due to the U.S. government shutdown.

July 23, 2013

UPS reported second quarter results that were below the company's expectations as a result of disappointing performance in freight forwarding and a "slight miss" in International package.

UPS reported second quarter results that were below the company's expectations as a result of disappointing performance in freight forwarding and a "slight miss" in International package.

July 16, 2013

Coca-Cola says slow economies in Europe, Asia and Latin America and cold weather conditions across multiple regions affected consumer spending as well as its overall nonalcoholic ready-to-drink beverage performance.

ATLANTA — Coca-Cola says slow economies in Europe, Asia and Latin America and cold weather conditions across multiple regions affected consumer spending as well as its overall nonalcoholic ready-to-drink beverage performance. 

July 16, 2013

Coca-Cola says slow economies in Europe, Asia and Latin America and cold weather conditions across multiple regions affected consumer spending as well as its overall nonalcoholic ready-to-drink beverage performance.

ATLANTA — Coca-Cola says slow economies in Europe, Asia and Latin America and cold weather conditions across multiple regions affected consumer spending as well as its overall nonalcoholic ready-to-drink beverage performance. 

June 19, 2013

H&M is finally tackling the online market, and plans to launch an e-commerce site in the U.S. in August.

H&M is finally tackling the online market, and plans to launch an e-commerce site in the U.S. in August.

The timing of the move for a brand synonymous with affordable fashion is opportune because it coincides with the heart of the back-to-school shopping season and sets the stage for the company to drive online sales during the holiday season.

May 23, 2013

Campbell Soup Company has entered into an agreement to acquire Plum Organics, a provider of premium, organic foods and snacks that serve the nutritional needs of babies, toddlers and children.

CAMDEN, N.J. — Campbell Soup Company has entered into an agreement to acquire Plum Organics, a provider of premium, organic foods and snacks that serve the nutritional needs of babies, toddlers and children. 

The company is based in Emeryville, Calif. Plum is the No. 2 brand of organic baby food in the U.S. and is currently the No. 4 baby food brand overall. Baby food is an approximately $2 billion category in the United States. From 2010 to 2012, the premium and organic segments grew at an average annual rate of 43%.

May 22, 2013

A day after Hershey announced plans to launch a new brand in China — marking the first time the company launches a new brand outside the U.S in its 120-year history — the company announced plans to open its Asia Innovation Center in Shanghai.

SHANGHAI — A day after Hershey announced plans to launch a new brand in China — marking the first time the company launches a new brand outside the U.S in its 120-year history — the company announced plans to open its Asia Innovation Center in Shanghai. 

May 3, 2013

The world’s largest retailers have been scaling back their global expansion activities, particularly in Asia, and turning their attention inward by integrating operations and strengthening their store, Internet and mobile sales channels, according to a new report by Accenture.

NEW YORK — The world’s largest retailers have been scaling back their global expansion activities, particularly in Asia, and turning their attention inward by integrating operations and strengthening their store, Internet and mobile sales channels, according to a new report by Accenture. 

April 29, 2013

Columbia Sportswear Company has appointed Shawn Cox as SVP of retail, a newly created position that will report directly to president and CEO Tim Boyle.

PORTLAND, Ore. — Columbia Sportswear Company has appointed Shawn Cox as SVP of retail, a newly created position that will report directly to president and CEO Tim Boyle.

 

In his new role, Cox, 49, will be responsible for leading the company’s brick-and-mortar retail and e-commerce operations in the U.S., Europe and Canada.

 

Cox has 24 years of experience developing, managing and improving profitability of branded retail networks with operations in the U.S., Europe, South America, Middle East and Asia.

April 26, 2013

Starbucks reported that its second-quarter profit rose 26% to $390.4 million, up from $309.9 million last year, amid sales increases in the Americas and Asia regions.

SEATTLE — Starbucks reported that its second-quarter profit rose 26% to $390.4 million, up from $309.9 million last year, amid sales increases in the Americas and Asia regions.
 
Total net revenue for the quarter ended March 31 rose 11% to $3.56 billion, not quite the $3.58 billion Wall Street expected. Global same-store store sales grew 6%, driven by a 4% increase in traffic and a 2% increase in average ticket, marking the 13th consecutive quarter of global comp growth greater than 5%. 
 

April 25, 2013

Walmart and other retailers are facing renewed criticism over their global sourcing practices following another factory disaster in Bangladesh.

Walmart and other retailers are facing renewed criticism over their global sourcing practices following another factory disaster in Bangladesh.

Reuters is reporting that a block of garment factories and shops collapsed in Savar, 20 miles outside Dhaka, on Wednesday, killing 251 people and injuring more than a thousand. According to the report, an unknown number of the more than 3,000 people who work at the factory remain trapped inside. For more information, go to: