APAC

New York-based Fresh2 Group acquires food e-commerce platform Youfood Group Inc.

The acquisition will help broaden Fresh2’s network over Asia and South America.

Nearly half of SHEIN users are unfamiliar of circularity, despite popularity

62% of respondents revealed to be using the same SHEIN items over 10 items.

IKEA uses AI-improved demand sensing technology for accurate customer data

Demand sensing has seen success in IKEA from its pilot in Norway last 2020.

Jollibee increases stake over Tim Ho Wan brand

Jollibee Worldwide’s participating interest grew to 92%.

Alibaba CEO Eddie Wu to lead Taobao and Tmall Group

Wu will also serve as head of Alibaba Cloud.

Authentic Brands to bring Boardriders business to Japan and Taiwan

Several known brands under Boardriders include Quiksilver, Billabong, Roxy and Element.

SHEIN customers prefer circularity in clothing choices

Reselling of clothes and secondhand items has become a reliable habit among SHEIN users.

Global fashion retail sales to grow by 2% to 4% in 2024

Uncertainty remains over geopolitical, economic volatility and inflation concerns.

AI poised to be the ‘ultimate marketing assistant’

It can help in content creation and other low-impact tasks.

Turning to a ‘mobile point of service’ vital for retailers

Sales staff should not be left behind when transforming their operations.

Omnichannel beauty brand Mōdere names Nate Frazier as President and COO

Mōdere products hold a presence in Australia, New Zealand, Japan, and India

Dubai-based investment firm buys SushiSamba

Shamal Holding had a 50% stake in the restaurant group before the acquisition.

Estée Lauder launches new Skin Longevity Initiative

Innovations in the brand led to the shift to skin longevity and age-reversal technology.

JD Logistics rolls out new express delivery in North America and Europe

The new international express delivery service will be available in 23 countries outside China.

Richemont appoints Laurent Malecaze as President & CEO of Chloé

Laurent joins from dunhill where he directed the business in the past two years.