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Fast Retailing profit grows 12.7% to ¥189.2b in H1 2022
Fast Retailing profit grows 12.7% to ¥189.2b in H1 2022
The company also projected an 8.4% growth in 2022.
Thai retail sales full recovery seen in 2022, 2023
A 10% recovery was posted in 2021.
UNIQLO International poses ‘significant’ profit increase in H1 2022
It saw a nearly 50% increase in profit to ¥100.3b.
Thai furniture spending to grow 3.1% in 2022
This is following a 1.1% increase last year.
UNIQLO Japan profit sees ‘considerable dip’ in H1 2022
Its operating profit stood at ¥80.9b, a 17.3% drop.
Social causes key in APAC marketing efforts
Around 60% of APAC marketers consider diversity and inclusion important to their organisations.
APAC marketers plan to increase ad spending by 34%
Social media is the top advertising platform for marketers.
Over half of Hong Kong SMEs remain optimistic amidst fifth wave: CPA Australia
Some 55% respondents expressed confidence that they can overcome the fifth wave.
JD.com appoints company president Lei Xu as CEO
Outgoing CEO Richard Liu will continue focusing on the company’s long-term strategies.
Eland Retail fined $3.33m by South Korean regulator
The regulator said the company gave undue financial support to its parent company.
7-Eleven must develop online presence in China: analyst
The company’s market share has been declining since 2018.
Weekly News Wrap: Tata rolls out new e-commerce app; Flipkart raises IPO valuation target to $60-70b
And India’s antitrust body probes Zomato and Swiggy over alleged breaching neutrality rules.
Alibaba to add 3,000 workers in Shanghai
Its food delivery platform will dispatch 600 couriers from other cities.
Around 9 in 10 SEA e-shoppers cites importance to know delivery company
A total of 56% prefer the company that guarantees a good service.
‘Bargain hunting’ behaviour drives SEA consumers’ online purchase
Around 7 in 10 think online shopping saves money.
Lazada One to open on 20 April
Its key tenants include Spotify, Zalora, Alibaba Group, and JustCo.
McDonald’s Australia appoints new CEO
Antoni Martinez’s appointment as the new CEO is effective 1 May.
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