News
Six in 10 consumers in East Asia worry about climate change
Six in 10 consumers in East Asia worry about climate change
Sustainability is a key focus in the region, Euromonitor International.
Retailers eye using recycled plastic, sustainable materials in products
Some companies in the personal care sector are offering re-fillable options
More brands to pierce through the Metaverse madness in 2022: report
This comes as brands explore avenues of digital personalisation.
Ultra-fast, same day delivery on the rise for e-commerce
However, the trend might slow down due to inflationary pressures, Fitch said.
Philippines’ Fruitas to buy Ling Nam restaurant with Balai IPO proceeds
The IPO raised some P203.8m in net proceeds.
Lukfook’s attributable profit rises 36.9%YoY in 2022
It saw a record revenue growth of 32.5%.
Longchamp opens flagship store on JD.com
This brings the number of luxury brands on JD to over 300.
JD Health buys pet care business
The acquisition was worth $355.4m.
Central Retail launches new BnB home
The expansion was worth THB60m.
East Asia makes up over 80% of Asia’s retail sales: report
This was in part driven by the e-commerce boom in the region.
Cybersecurity revenues from consumer goods sector to reach $6.5b by 2025
This is due to the rise in digitalisation in their operations.
Reliance Brands enters F&B retail with Pret A Manger partnership
It will open the global food chain’s stores across India.
Plastic straw ban may disrupt soft drink industry in short-term
This will particularly hit sales of small packs of soft drinks.
Southeast Asia's e-commerce sales to reach $166b by 2026
It posted a more than 30% growth last year.
UNIQLO Singapore switches fully to EVs for last-mile deliveries
Its same-day Click and Collect Service will be available at 27 stores starting 1 July.
7-Eleven, Tiger Beer launches beachfront store in Singapore
The store’s offerings range from liquor to hot meals.
JD launches Joybuy platform in 110 countries
It seeks to link Southeast Asian and North American merchants with Chinese factories.
Commentary
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