News
Mobile wallets gradually displaces traditional payments in India: report
Mobile wallets gradually displaces traditional payments in India: report
Payments through mobile wallets are expected to rise by 23.9% annually until 2027.
Jollibee exits PHO24 business
This will enable the company to concentrate on its other businesses.
Suntory Beverage & Food net profit up nearly 10% in Q1
Its net profit attributable to owners amounted JPY14.6b.
Reliance Retail net profit grows by 12%
Its net profit amounted to INR2,415 crore.
Central Retail posts over 75% net profit growth in Q1
Its net profit stood at THB2.31b during the quarter.
Fast Retailing backs new Pakistan Accord
The Accord establishes a workplace safety programme in the textile and garment industry.
FamilyMart Malaysia’s store cafe secures halal certification
It plans to have 300 halal-certified FamiCafé by 2025.
SHEIN opens EMEA headquarters in Dublin City
The company plans to host around 30 pop-ups around EMEA in 2023.
Prada’s APAC market sees ‘strong’ rebound in Q1
Retail sales were up by 22% during the quarter.
Philippine-based Figaro Coffee's net income rises by over 50% in Q1
Its net income after tax stood at P99.3m (US$1.7m).
JD.com CEO steps down
Lei Xu will be replaced by CFO Sandy Ran Xu.
Tim Hortons to launch in South Korea
It signed a master franchisee agreement with South Korean QSR chain BKR Co. Ltd.
L'Oréal sees ‘strong double-digit’ growth in all zones except North Asia
This is due to a reduction of stock-in-trade in mainland China.
Coupang net income climbs by $300m in Q1
Its net income amounted to $91m.
DFI Retail names new Group chief executive
Scott Price will assume the position on 1 August.
SHEIN opens new global integrated marketplace
The SHEIN Marketplace will host domestic and international third-party sellers.
Philippines’ SMFB sustains growth momentum in Q1
The food and beverage company reported an 8% rise in consolidated net income.
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Retail Asia Awards 2025 Winner: Karen Chan of FairPrice Group
Karen Chan, Chief Customer Officer at FairPrice Group, shares how Link Rewards keeps benefits simple, visible, and valuable.
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From shoplifting to safety: How tech is empowering APAC’s retail workers