News

Australian businesses embrace pop-ups for omnichannel success

It offers businesses a low-cost way to maintain a physical presence without the expenses of traditional stores.

Australian businesses embrace pop-ups for omnichannel success

It offers businesses a low-cost way to maintain a physical presence without the expenses of traditional stores.

Around 1 in 4 consumers embrace secondhand trend for sustainability

Around 41% are choosing to repair broken items rather than splurging on new replacements.

Vingroup to sell stake in SDI Company

SDI, Sado Company, and Vincom Retail will no longer be Vingroup subsidiaries after the transaction.

Australian retail spending growth slows down to 2% YoY in 2023

Whilst traditional retail spending growth slowed, online retail increased in 2023. 

India's light vehicle sales to hit record 4.9 million as economy grows

SUVs emerged as the driving force behind India's robust vehicle sales.

Around 4 in 5 Australian households embrace online shopping in 2023

About 9.5 million households made online purchases in 2023.

K-Beauty market to hit $13.9b by 2027

The Asia-Pacific region accounted for about 69.9% of the K-beauty products industry share.

Duravit unveils first flagship store in Vietnam

This is the brand’s first location in Southeast Asia. 

Miniso hits record $89.8m Q4 2023 profit

Its revenue also achieves a record-high increase to $541m.

Malaysian Mall vacancy rates dip in previous quarter

Retail sector shows signs of resilience with improved vacancy rates and stable rents.

Philippines' URC profit down 12% YoY to $230.1m in 2023

The company attributed the decline to higher comparables from a land sale. 

JD.com's net income surges 132.8% YoY to $3.4b in 2023

The company’s revenue reached $152.8b, up by 3.7% from 2022. 

McDonald's global outage raises concerns over reliance on digital services: GlobalData

The report stressed the need for the restaurant industry to prioritise digital investment.

Levi’s revamps Kyoto store

It has a station that allows shoppers to customise their apparel with embroidery, patches, and more. 

Remote simplifies global payroll with fintech solutions

Payroll systems that businesses use are outdated.

Cryptocurrencies enhance cross-border payments

Cryptocurrencies are revolutionising cross-border payments by addressing inefficiencies, costs, and security challenges.