News
India’s Big Bazaar maintains lead with boost from young shoppers, online investments
GlobalData reported that 59% of Indian consumers shop at Big Bazaar.
1 hour ago
India’s Big Bazaar maintains lead with boost from young shoppers, online investments
GlobalData reported that 59% of Indian consumers shop at Big Bazaar.
1 hour ago
Coupang profit soars 42% YoY in Q1 2022
Its revenue rose 22% YoY, whilst its losses improved by 29% YoY.
1 day ago
Shakey’s PIZZA more than doubles net income to P76m in Q1
This was driven in part by a strong resurgence of dine-in sales.
1 day ago
Carousell to acquire Singapore’s Refash
The acquisition will simplify the selling process for time-starved users.
1 day ago
Adidas, Foot Locker enter strategic partnership
They target retail sales to exceed $2b by 2025 under the partnership.
3 days ago
Central Retail Corporation net profit soars 189% YoY in Q1 2022
Its sales exceeded targets and were up by 16%.
4 days ago
JFC net income skyrockets to $43.9m in Q1 2022
The increase from $2.9m in Q1 2021 is backed by property transfer and sales.
4 days ago
MPPA sales grow 9.2% amidst social restrictions and scarcity of cooking oil
PT Matahari Putra Prima Tbk. (MPPA) recorded total sales of IDR1.69t ($112.41m) in the first quarter of 2022.
4 days ago
Subway, Pegacorn ink agreement for expansion in Peninsular Malaysia
Around 500 Subway stores will be opened under the master franchise agreement.
6 days ago
LVMH’s Celine launches flagship store on JD
The luxury fashion brand is showcasing its 520 capsule handbag series on the store.
6 days ago
Nike’s Singapore and Malaysia outlets now owned by GMG
The new operator has expressed plans to expand their footprint in Asia.
6 days ago
Reliance picked as official retailer of Tod’s S.p.A.
The company will be a franchisee of the shoemaker brand across all categories.
6 days ago
7-Eleven Hong Kong launches bags with Peanuts characters
The bag was designed by Japanese denim label FDMTL.
6 days ago
Weekly News Wrap: Thai army boycotts Lazada; Tax, input costs hit Reliance’s profits
And Indian grocery startup Zepto raises $200m in fresh funding.
6 days ago
Philippines’ SMFB income inches up by 1%YoY in Q1 2022
Its revenue rose 9% YoY due to volume growth and better pricing.
Hong Kong retail sales drop 13.8% YoY in March
Local epidemic situation dampened consumption confidence
South Korea’s Genesis BBQ opens six shops in US
The fried chicken chain now has 150 shops in 19 states in the country.