Nordic News, Business and Life in Asia
Fashion giant Zara has teamed up with Swedish video commerce pioneer Bambuser to introduce a livestream shopping platform in China, marking a significant expansion of its digital strategy in one …
Zara Launches Livestream Shopping for Chinese New Year with Bambuser’s Tech Read More
Chinese electric vehicles (EVs) have swiftly captured nearly 10% of Norway’s new car sales in just five years, according to the latest data from the country’s road federation (OFV) released …
Chinese electric vehicles gain market share in non tariff Norway Read More
Swedish furniture giant IKEA is actively seeking to strengthen its market presence in the Philippines through innovative initiatives, including discussions around potential in-mall pop-ups to enhance customer engagement and brand …
IKEA plans pop-ups to expand in the Philippines Read More
The Danish Environmental Protection Agency has taken action by sending warning letters to around 1,000 Chinese companies. These warnings address the companies’ responsibilities for waste management to ensure they contribute …
Danish Environmental Protection Agency warns 1,000 Chinese companies Read More
Swedish luxury lifestyle brand Golden Concept has opened its first Malaysian boutique in Pavilion Mall, Kuala Lumpur. Known for premium Apple Watch and iPhone cases, the brand targets consumers seeking …
Swedish luxury brand Golden Concept expands to Malaysia Read More
The European Commission has initiated an investigation into the Chinese online retailer Temu, focusing on whether the platform complies with EU laws regarding the sale of illegal products. This probe …
EU investigates Temu for compliance with product regulations Read More
A recent report highlights that Chinese sellers on Temu are avoiding mandatory e-waste payments, which negatively impacts compliant Danish businesses. This situation results in compliant companies shouldering the financial burden …
Temu sellers avoid E-Waste payments, burdening Danish businesses Read More
IKEA, the renowned Swedish furniture and home décor brand, is set to expand its presence in Thailand with the opening of a new branch in Chiang Mai, scheduled for 2025. …
IKEA plans to open fifth store in Chiang Mai by 2025 Read More
The Chinese shopping platform Temu continues to attract Danish consumers with its low prices. However, many shoppers are left questioning why they pay significantly more for similar items on European …
Danish consumers: Temu shopping platform sparks price disparities Read More
Swedish furniture giant IKEA has urged the Chinese government to introduce additional stimulus measures. This request arises as China faces a prolonged property crisis and ongoing economic challenges. Recently, the …
IKEA urges more stimulus support in China Read More
Ikano Retail, the franchise holder for IKEA in Thailand, reported a year-on-year sales growth of 3.9%, with total revenue exceeding 10 billion baht (approximately €286 million). The company operates four …
Ikano Retail achieves revenue growth in Thailand Read More
Shein’s upcoming investor meetings Shein, the online fashion retailer founded in China, is set to hold informal investor meetings in Europe as it prepares for its anticipated initial public offering …
Shein plans London IPO, raising concerns in Scandinavia Read More
Norbreeze Group, a Singapore-based company, has appointed Danish Stig Maasbøl as its new chairman, effective August 2024. Maasbøl brings over 30 years of leadership experience, as he currently serves as …
Norbreeze Group appoints Stig Maasbøl as new chairman Read More
Several international brands are successfully navigating the challenging Chinese market, with a particular focus on premium offerings. Finnish-Chinese owned company Amer Sports, which owns the outdoor apparel brand Arc’teryx, reported …
Finnish owned brand find growth in China despite consumer caution Read More
Tempur, a global sleep solutions brand from Denmark, launched a new experiential showroom in Uptown Bonifacio, Taguig. This follows the success of the first Tempur cinema in the same location, …
Danish company Tempur opens immersive showroom in the Philippines Read More
Swedish retail giant IKEA and its sister company Ingka Centres are ramping up their expansion in Asia with two major projects. This month, Ingka Centres, IKEA’s sister company, is opening …
IKEA expands in Asia with new projects in Shanghai Read More
Three types of spicy Korean noodles previously banned from Denmark for being dangerously spicy has been allowed back on the shelves. The return was celebrated by Samyang Roundsquare, formerly known …
Spicy Korean noodles back in Denmark Read More
Denmark’s second largest city, Aarhus, is testing a new reusable cup system, where you buy your coffee in a reusable cup with a small deposit – once it’s empty you …
Testing deposit on coffee cups in Aarhus Read More
H&M, the Swedish clothing retail giant, has been evolving beyond fast fashion towards a more sustainable model. In their store in central Stockholm, H&M is pioneering a revolutionary new service …
H&M’s offers “Pre-Loved Clothes” Read More
The renowned Danish furniture and home decor brand HAY opened its very first flagship store in Thailand and Southeast Asia on 16 July 2024. The store is in Warehouse 30, …
Danish furniture store HAY opens in Bangkok Read More
The Danish jewelry brand Pandora is losing its foothold in China as sales have declined more than 23 percent from 2022 to 2023. Five years ago, China made out 9 …
Danish Pandora losing popularity in China Read More
Finnish Marimekko’s net sales increased 7 percent to €37,7 million in the first quarter of 2024. The major growth is thanks to wholesale sales in the company’s home country Finland …
Marimekko’s net sales increase in Asia Pacific Read More
The Danish Minister for the Environment Magnus Heunicke has warned the Danes from buying from Chinese webshops such as Temu on 5 May 2024. He claimed many of the products …
Danish minister says not to buy from Chinese webshop Read More
The Swedish fashion company H&M has announced that it will be collaborate with Shanghai Fashion Week on a new collection. This collection will be created in partnership Chinese local designers. …
H&M collaborates with Shanghai Fashion Week Read More
IKEA Malaysia will be giving out free ice cream all day today. All you have to do is “Meow” three times. This is happening to make up for an April …
IKEA Malaysia hands out free ice cream Read More
IKEA Singapore launched a fake new collection with the name “Invsbål” on 1 April 2024, better known as april fool’s day. The collection’s name refers to its lack of visibility. …
IKEA launches invisible collection on April fool’s day Read More
The Danish technology company Bang & Olufsen expects negative growth in the third quarter of the financial year. According to the CEO of B&O, Kristian Teär, the macroeconomic tendencies in …
Danish B&O expects decline in revenue due to Chinese and European markets Read More
Lego increased sales last year, even though China has bought less from the Danish brand and the toy market is the most downbeat in 15 years. In the last 3-4 …
Lego outperforms struggling toy market despite China buying less Read More
Nordea Asset Management has 12 funds approved for retail sale in Singapore. This will be Nordea AM’s first retail registered funds in Asia Pacific. They include diverse asset classes. This …
Nordea AM funds approved for sale in Singapore Read More
The sales by the Danish owned jewelry company Pandora dropped to 118 million Danish crowns in the fourth quarter from 143 million Danish crowns the previous year. This is lower …
Pandora disappointed by sales in China Read More
In a recent interview with Tatler, Mats Johansson, the Swedish founder of L:a Bruket, reveals the brand’s success lies in its early embrace of sustainability and a unique blend of …
Swedish L:a Bruket – a fusion of Scandinavian spa and Asian skincare wisdom Read More
IKEA has expanded its presence in key cities across the Philippines, reaching Davao, Cagayan de Oro City, and Iloilo City. IKEA Philippines seeks to bring its signature stylish and functional …
IKEA expands presence in the Philippines Read More
Danish jewelry maker Pandora attributed its recent market share gains to targeted marketing strategies, including high-profile campaigns featuring celebrities like Pamela Anderson. Despite a stagnant overall market, the company reported …
Pandora’s Pamela Anderson campaign sparked growth in 2023 Read More
’Pioneering the possible’ is what Business Sweden (BS) is doing in Malaysia, under the new leadership (since 2022) of Trade Commissioner Emma Broms. Post covid-19 she is very optimistic about …
Emma Broms, Business Sweden Malaysia: Great optimism, towards green transition Read More
Swedish IKEA has unveiled a blend of furniture and speakers – the SYMFONISK series – to be launched in Thailand on 5 January 2024. The speakers ultimately look like any …
IKEA furniture-speakers series launches in Thailand Read More
Swedish H&M and other major brands are turning to AI-generated virtual influencers to promote their products on social media. Faced with escalating fees from human influencers, companies like H&M have …
H&M in forefront of content revolution with AI virtual influencers Read More
Swedish furniture retailer IKEA shared that after the first week of opening its new branch in Thailand, IKEA Sukhumvit, it received positive feedback from both Thai and international shoppers, making …
IKEA new branch in Thailand receives positive feedback after first week opening Read More
Thailand has always been known for its very rich flora with many, many beautiful flowers. But there are only very few specialties flower shops. Therefore, you have the fantastic Pak …
Now we are talking flowers! Read More
Swedish-Norwegian Linda Jørgensen owns the beauty brand Nordic Formula. To expand her products into the global market, Linda is targeting the Asia-Pacific world. And Singapore especially, she reveals in an …
Nordic Formula expanding to Southeast Asia Read More
Messy Weekend Copenhagen is a growing, Danish company selling handcrafted sunglasses, and they will soon start distributing its products in Thailand. At least so it seems, when taking a look …
Messy Weekend coming to Thailand Read More
IKEA is set to launch its fourth Thai location, IKEA Sukhumvit, tomorrow on December 1. Spanning 12,000m² on The Emsphere’s third floor, the store offers a familiar layout for IKEA …
IKEA Sukhumvit opens tomorrow on December 1 Read More
World-renowned Swedish football icon, Zlatan Ibrahimović, is set to launch the latest “Selected by Zlatan” collection in collaboration with H&M Move. The fitness-inspired menswear collection will be available globally in …
H&M Move to launch new collection with Zlatan Ibrahimović Read More
H&M, the Swedish fast fashion retailer, has joined forces with Singapore’s DBS Bank to introduce an innovative green loan initiative. The program aims to assist clothing manufacturers in cutting down …
H&M collaborates with Singapore-based DBS to help suppliers decarbonize Read More
Shoppers in the Philippines who are looking for items for their home, friends, and family this coming season do not need to look any more because Flying Tiger Copenhagen is …
Flying Tiger Copenhagen ready to serve Philippines customers Read More
Norwegian color design brand Jotun introduced “CANVAS,” its recent collection inspired by nature’s palette including twenty-three “Majestic Sense” premium paints such as “Soothing Beige,” “Rock Sugar,” “True Blue,” “Mindful Green,” …
Jotun introduces new collection “CANVAS” and its Global Color Card 2024 to Thailand Read More
BoConcept, the Danish furniture and design company, continued making its way in Vietnam, having opened six stores in both major cities of the country like Hanoi and Ho Chi Minh …
Danish furniture BoConcept makes way in Vietnam Read More
Monsoon Tea offers forest-friendly tea of different flavors that are grown and harvested in Northern Thailand. The choices are varied from the classic pure tea products to its unique blends …
Stock up some forest-friendly Monsoon Tea as days get shorter Read More
The latest Asia-Pacific exhibition of a world-class luggage and travel bag brand, Samsonite, was presented in Singapore at the start of November 2023. It was titled “Destination Samsonite: Voyaging Through …
Asia-Pacific exhibition “Destination Samsonite: Voyaging Through Time” presented in Singapore Read More
PETA Asia is claiming that Swedish H&M is implicated in supporting the down industry. The accusation is based on a recent 13-month-long investigation. PETA claims that H&M sources down jackets …
H&M accused of unethical jacket production in Vietnam Read More
H&M is set to launch a new party collection in collaboration with the renowned Danish fashion brand Rotate Birger Christensen. The Danish fashionista brand is famous for its coveted party …
H&M to Collaborate with Danish Rotate Birger Christensen Read More