News
Japan-based Nojima expands to Malaysia
Its new store in Kuala Lumpur offers a selection of furniture, appliances, and gadgets.
Victoria’s secret sells 49% of China business for $45m
The company is forming a joint venture with Hong Kong-listed Regina Miracle.
Watsons opens first store in Qatar
The nearly 3,000 square feet store features designated zones like Natural & Clean Beauty.
Figaro Coffee seeks new growth avenues after IPO
The Philippine-based company generated P767m in proceeds.
Omni-channel expansion to strengthen Nykaa ‘s grip on India’s cosmetic industry
The company plans to capture the overall market share, worth INR14.1t by 2025.
Online sellers in Southeast Asia ‘optimistic’ over 2022 outlook
74% of online sellers expect at least a 10% increase in sales, Lazada reported.
Pandamart opens 50th store in Pakistan
This was opened a little over a year after the launch of the first store.
Weekly News Wrap: India’s quick commerce boom raises road safety concerns; Hong Kong fund divests Burger King businesses
And Starbucks expands delivery services in China via a Meituan tie-up.
Una Brands acquires furniture brands ErgoTune, EverDesk+
The 8-figure deal is seen to speed up its global expansion.
Lotte Group acquires entire stake in Ministop Korea for $263m
Lotte will take over 2,600 Ministop stores across South Korea.
Starbucks launches interactive experience centre in Indonesia
The centre teaches customers about Starbuck’s coffee making process.
Philippines eases minimum paid-up capital for foreign retailers
The Philippines has lowered the minimum paid up capital to $488,000 from $25m.
Robinsons Retail to buy 100% stake in Ministop Philippines
It will acquire the remaining 40% shares of Ministop Japan in February.
Popeyes opens first store in India
More stores will be opened in New BEL and Kammanahalli.
Shopify, JD.com eases US merchants’ access to China
The partnership gives them channel to JD’s 550 million users.
‘Solid growth’ in consumer spending seen in Malaysia: report
Real household spending is projected to rise 5.1% year-on-year.
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This 11.11, the real battle lies in shopper confidence – not the biggest discount