Retail Asia

Beijing's retail market shows signs of steady development
Retail supply rose 16% in 2022 compared to last year.
BigBasket expected to expand customer base in offline entry
Consumers in India have continued to opt for offline stores.
LVMH profit up 23% YoY to $22.9b in 2022
Its revenue also hit a record EUR79.2b as its market in Asia remains stable.
Reliance Retail acquires footwear firm V Retail
Reliance Retail’s net profit in Q3 FY2023 jumped 6.2%.
Add to cart: travellers now have a shopping basket for travel bookings
Agoda will give a seamless, one-stop travel booking experience. 
Monde Nissin to buy 15% of Figaro Coffee Group shares
The transactions will be worth P820.3m. 
Reliance Retail posts 6.2% net profit growth in Q3 FY2023
Its net profit stood at INR2,400 crore during the quarter. 
Grab food delivery outperformed ASEAN peers in GMW growth: study
It sustained growth consecutively in the past three years.
Dickey’s Barbecue Pit to start grilling in first Philippine store
The store will open in the second quarter of 2023.
Is Gen Z becoming the bigger spender in China?
They are rapidly becoming the largest consumer base for luxury brands, KPMG said.
BillEase, Alipay+ partner to enable Filipino consumers to shop online globally
BillEase is the first BNPL firm in the Philippines to partner with Alipay+.
Consumers demand diversity, inclusivity: report
They are buying from brands that support their values.
Consumers give more weight to emotional benefits in purchases: report
Businesses should provide alternative payment methods to capture these consumers.

Join the Retail Asia community

Exclusives

Exclusives

BNPL platforms risk losing trust by ignoring SFA Code of Conduct
Under the Code of Conduct, BNPL providers need to show customers their ‘Trustmark’.
BNPL regulations toughen debt prevention and financial literacy in APAC
The Philippines, Vietnam, and Indonesia are more vulnerable to the risks of credit products, Euromonitor International reported.
Stores CONCEPT WATCH: Eatology cooks up a ‘halfway diet’ for Hong Kongers
The flexitarian meal plan is for consumers looking to reduce their consumption of animal-based products. 
How AI/ML curation helps Blibli to always provide original products
Blibli’s AI technology is able to detect indications of counterfeit goods 10 times faster.
Stores Hong Kong’s toys market thrives despite fewer kids
Hong Kong has the lowest fertility rate in Asia.
E-commerce Here’s how Ox Street makes secondhand items more attractive than new
The company has an authentication process to ensure fake items do not make it to the listing.
A look into Erajaya’s four business vertical expansion
Erajaya mixes omnichannel strategy and retail expansion to target more consumers.

Top News

Beijing's retail market shows signs of steady development
Retail supply rose 16% in 2022 compared to last year.
BigBasket expected to expand customer base in offline entry
Consumers in India have continued to opt for offline stores.
LVMH profit up 23% YoY to $22.9b in 2022
Its revenue also hit a record EUR79.2b as its market in Asia remains stable.
Reliance Retail acquires footwear firm V Retail
Reliance Retail’s net profit in Q3 FY2023 jumped 6.2%.
Add to cart: travellers now have a shopping basket for travel bookings
Agoda will give a seamless, one-stop travel booking experience. 
Monde Nissin to buy 15% of Figaro Coffee Group shares
The transactions will be worth P820.3m. 
Reliance Retail posts 6.2% net profit growth in Q3 FY2023
Its net profit stood at INR2,400 crore during the quarter. 
Grab food delivery outperformed ASEAN peers in GMW growth: study
It sustained growth consecutively in the past three years.
Dickey’s Barbecue Pit to start grilling in first Philippine store
The store will open in the second quarter of 2023.
Is Gen Z becoming the bigger spender in China?
They are rapidly becoming the largest consumer base for luxury brands, KPMG said.
BillEase, Alipay+ partner to enable Filipino consumers to shop online globally
BillEase is the first BNPL firm in the Philippines to partner with Alipay+.
Consumers demand diversity, inclusivity: report
They are buying from brands that support their values.
Consumers give more weight to emotional benefits in purchases: report
Businesses should provide alternative payment methods to capture these consumers.

Exclusives

BNPL platforms risk losing trust by ignoring SFA Code of Conduct
Under the Code of Conduct, BNPL providers need to show customers their ‘Trustmark’.
BNPL regulations toughen debt prevention and financial literacy in APAC
The Philippines, Vietnam, and Indonesia are more vulnerable to the risks of credit products, Euromonitor International reported.
Stores CONCEPT WATCH: Eatology cooks up a ‘halfway diet’ for Hong Kongers
The flexitarian meal plan is for consumers looking to reduce their consumption of animal-based products. 
How AI/ML curation helps Blibli to always provide original products
Blibli’s AI technology is able to detect indications of counterfeit goods 10 times faster.
Stores Hong Kong’s toys market thrives despite fewer kids
Hong Kong has the lowest fertility rate in Asia.
E-commerce Here’s how Ox Street makes secondhand items more attractive than new
The company has an authentication process to ensure fake items do not make it to the listing.
A look into Erajaya’s four business vertical expansion
Erajaya mixes omnichannel strategy and retail expansion to target more consumers.

Join the Retail Asia community