Retail Industry

7 Tips to Get Your Store in the Philippines Ready for the Holiday Season!

Christmas is celebrated all over the world and there are many exciting things that everyone is anticipating here, the Filipino Christmas rush. We’re fast approaching the end of the year, and there are a number of things that business owners have to stay on top to best manage their businesses. Now is the perfect time to map out your preparations in order to drive the most revenue for your business. If you’re a retailer, but not quite sure how to get your store ready, here’s 7 things to get you going! 1. Set Your Holiday Store Hours The first step is to look at and familiarize yourself with the holidays coming up and decide which ones are important for your business and to your customers. The most effective mall hours done in the Philippine setting usually starts late in the morning and ends...

Report: Dongdaemon, the Backbone of Asian Fashion

Every year, ~US$ 10b of fashion goods transact online in S. Korea. With ~30K Korean online fashion stores exporting products overseas in 2014 and ~70K today, fashion eCommerce in S.Korea is a fast growing industry and export contributor. Korea itself exports ~US$2b of apparels annually and counts China, Japan and the US as key export destinations. Offline, the downtown area of Dongdaemon, Seoul, is home to more than 30K fashion retailers. At 8pm every night, wholesalers in apm Place spring to life. Buyers from Shenzhen, Chong Qing, Guangzhou, Taipei, Singapore, Indonesia and many other Asian cities flood the mall which operates till 5am every day. Every outlet is nicely decked out with instore displays and the latest Korean fashion wear. Store owners closely guard their designs, prohibitin...