Retail Asia

Regional operations will be reorganised under OT GROUP.

It turned tram culture into a store design strategy in Hong Kong.

It will be anchored by IKEA, marking the retailer’s first store in the Visayas region.

Only 27% trust AI agents to make purchases without checking.

26% of active generative AI users have bought a more expensive item after AI increased their confidence in the decision.

Asia Pacific remains the strongest regional growth engine.

Competition is shifting from expansion to control over pricing, visibility, and consumer choices.

Company also expands integrated supply chain and production network.

Spans nearly 2,000 square meters.

Each paid $140,000 in penalties.

First new store planned for Glorietta in Makati.

Plans to open up to eight more stores in the region within three years.

Includes AI-based skin analysis for personalised skincare formulation.

Total retail sales for April were estimated at $4.3b.