News

OH!SOME opens first Philippines store

OH!SOME opens first Philippines store

Its Makati City outlet offers IP products, accessories, amongst others.
2 days ago

Fast Retailing sees stronger Q1 FY2026 as overseas business grows

UNIQLO overseas operations drive the majority of quarterly profits.
2 days ago

Global home décor market set to hit $880b by 2030

Growth driven by sustainability, digital décor, and personalised styling.
2 days ago

Global clothing and textile recycling market to hit $20.2b by 2031

Retailers boost recycling with take-back programmes despite logistics challenges.
2 days ago

IKEA to close 7 China stores despite expansion plans

Weak consumer sentiment a key factor in shutdown.
3 days ago

TikTok Shop boosts Filipino MSME sales over 200% in 2025

Over 25,000 Filipino entrepreneurs trained in TikTok Shop tools
3 days ago

Experiences overtaking products in luxury spending

Private jets, yachts expand 9% as travel demand climbsThe global luxury market stayed flat in 2025 at $1.7t (€1.44t), according to Bain & Company, with growth hovering between -1% and +1%.
3 days ago

Luxury distribution shifts toward value in 2025 with outlets leading

Outlets again outperformed, growing about 1% to 3%, whilst the secondhand luxury market expanded to about €50b.
4 days ago

Generative AI reshapes online shopping discovery with conversational search

AI-powered search could influence more than US$595b in retail e-commerce by 2028.
4 days ago

Louis Vuitton opens Seoul flagship store

It features six floors, 200 pieces, and a cafe and restaurant.
5 days ago

Bandai Namco opens Gundam flagship store in Hong Kong

Store offers over 100 Gundam models and exclusive content.
5 days ago

Singapore ranks seventh globally in Savills’ 'Matcha Index'

Matcha Index highlights cost competitiveness against major tech hubs
5 days ago

Singapore retail sales rise 6.3% in November 2025

It reached a value of $4.4b during the month.  
5 days ago

Hong Kong retail sales up 6.5% in November 2025

The value was provisionally estimated at $33.7b.
6 days ago

China retail stays tough as price wars, weak demand persist: report

It reported private brand penetration of 4.4% in China across the four categories studied.

South Korea FMCG market up 3.3% in Q3

Online channels make up 42.7% of the market.