News

Shiseido launches NARS Cosmetics in India

It aims to ramp up its growth in Asia Pacific.

Deliveroo invests in upskilling riders

It allotted over $100,000 to provide upskilling opportunities to the riders.

Amazon plans hiring persons with disabilities in Singapore

It aims to employ 15% of its associates in operation networks from persons with disabilities.

adidas sees US$746m loss in 2023

This is due to the “adverse impact” of the Yeezy write-off.

L’Oreal posts 6.6% sales growth in North Asia in 2022

Its sales amounted to €11.32b (US$12.07b). 

India-based Zomato ends Philippine operations

The company said it will still continue operating in India and the United Arab Emirates.

Convenience stores go green in South Korea

Emart24 and 7-Eleven have ramped up their promotion of eco-friendly cups.

FairPrice Group names 1st chief sustainability officer

Chan Teng See is tasked to drive the group's efforts towards sustainability.

Hong Kong retail sales to climb by 13% in 2023: report

It is projected to amount to HK$395b (approximately US$50.3b). 

Retailers need to address inflation woes amidst sustainability push

There is pressure from investors, regulators, and consumers that compels companies to pursue sustainability.

Daraz to reduce employees by 11%

The company has to refocus its business following the challenges in the past 12 months.

JCube mall to stop operations on 7 August

Its site will be converted into a 40-storey residential development.

Luxury sales in China to rebound to 2021 levels this year

This comes after the luxury market contracted in 2022.