News
Pandamart Hong Kong posts 53% YoY increase in turnover
Sai Ying Pun led the order chart with a 144% YoY surge.
J&T Express expands to over 1,900 depots in Vietnam
It launched in the market in 2018.
L’Oreal achieves carbon neutrality across all North Asia sites
This covers Mainland China, Japan, South Korea, Hong Kong, and Taiwan.
Reliance Brands brings Italian luxury brand Valentino to India
Its first boutique will open in Delhi.
South Korea’s Fresheasy to launch products in Singapore online
The company plans to expand sales in Southeast Asia.
LVMH’s Fendi launches flagship store on JD.com
The brand has launched a new capsule for the incoming Chinese Valentine’s Day.
Weekly News Wrap: Freshippo seeks lower funds at $6b valuation; Uniqlo owner's performance to hint China's recovery prospects
And Shein seeks an IPO in the United States as soon as 2024.
Deliveroo launches new rapid grocery delivery service in Hong Kong
Grocery deliveries will be done in as little as 10 minutes.
Hypebeast, Jun open first Hypegolf store in Japan
The store will also be home to the first Hypebeans café in Japan.
APAC brands reinvests highest percentage of revenue in media spend
Around 4.6% of the brand revenue of APAC brands was spent on advertising.
Malaysia to record ‘healthy’ spending growth in 2022: Fitch
It posted a three-year high 29.9% growth in retail sales in May.
FMCG Asia Awards 2022 opens doors for nominations
Entry submission will close on 07 October 2022.
First Nike Style concept store opens in South Korea
It is located in Hongdae in the capital Seoul.
Philippines’ Emperador lists on SGX main board
It aims to generate 50% of its sales from outside the Philippines by 2025.
Around 9 in 10 SG SMEs export to over 10 int’l markets
The average number of international destination markets in Singapore is 35.
Amazon launches Japan products on Singapore platform
These feature popular brands such as Pokemon, Nintendo, and Bandai.
Commentary
Digital giants to retailers: The playbook for scaling ad revenue with onsite retail media