News

Vietnam’s household spending to rise 5.7% YoY to $123.4m in 2022

This is due to the expected gradual lifting of restrictions this year.

Amazon India to launch initiatives for women entrepreneurs in Karnataka

The company will extend the benefits of its “Saheli” program to train women merchants.

Japanese multinational fast-food chains reel over potato shortage

The shortage has pushed McDonald’s Japan to temporarily drop some offerings.

H&M India to roll out home decor products in spring

Its H&M Home products will also be introduced in its existing stores in India.

Cettire enters China’s online luxury market

Cettire will be available to Chinese consumers in the second half of the year.  

Reliance Brands, Rahul Mishra partner to bring new exclusive RTW collection

The JV plans to have dedicated flagship stores at fashion capitals in the next 5 years.

Jio Platforms invests $15m in AR company TWO

The companies will work collaboratively for fast adoption of new technologies.

These naturally sustainable stores in Asia are leading in development

These are L’Occitane and Starbucks Greener Store, according to IGD.

Muji, Fairprice Xtra amongst world’s Store of the Future: report

The IGD also named Giant in the US, Asda in the UK, and four others.

Philippines' Figaro Coffee Group bares 2022 expansion plans

For the first quarter, it plans to open five Angel’s Pizza outlets.

Philippines’ Figaro Coffee to offer keto-friendly pastries

Figaro will be introducing Keto Coconut Tiramisu and Sugar-free Keto Brownies.

Chinese consumers will be top luxury clients in 2025: report

They would account for 40% to 45% of the global purchases.

Trends that will shape China’s luxury market

China is becoming the world’s largest luxury good market by 2025.

China on track to become world’s largest luxury market by 2025

This is even as its luxury goods demand is seen to have moderate growth.