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South Korean resale platform Kream raised $168 million in Series C
South Korean luxury resale marketplace Kream has bagged US$168 million in series C led by returning backer Altos Venture, according to TechCrunch. SoftBank Ventures Asia, e-commerce giant Naver and Mirea Asset Capital, and two new investors – Samsung Securities and Axiom Asia – also joined the round. The luxury platform Continue Reading
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Bangkok's premium retail complex Park Silom set to open in June
The new 39-storey mixed-used project Park Silom shopping centre is set to launch in June in the heart of Bangkok’s Silom, positioned as a ‘Third Space Retail’. Park Silom, developed under NYE & RPG Company, is a partnership between Thai retail giants – Minor International, Siam Piwat and NYE Estate. Continue Reading
The tastiest mayongchid desserts to indulge in this season
As Bangkok gets ridiculously hot, there is one gift that nature decides to bestow upon us: mayongchid. The beginning of summer signals the flourishing of mayongchid or marian plums in Thailand, and many bakeries get creative with special summer desserts to celebrate them. Read on to find some of the Continue Reading
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How retailers are tackling textile waste as Aussies overconsume
Why Aussies aren’t wearing the clothes they own. (Source: Bigstock.) Amid the rise of fast fashion and social media platforms accelerating consumptive behaviour, it appears that many Australians aren’t wearing or re-wearing the clothes they purchase. This was highlighted by the Fashion Resale Report from online retailer Reluv and Monash Continue Reading
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Inside Freitag’s most innovative store yet in Shanghai
Freitag – known for its one-off pieces made from recycled truck tarpaulins – is to open a new location in Shanghai tomorrow (March 25), promising it will be its most innovative store yet. Freitag said it worked closely with local architects, landscape gardeners, engineers, designers and an on-site team over Continue Reading