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Alibaba, Pinduoduo amongst top 25 retailers globally
Alibaba, Pinduoduo amongst top 25 retailers globally
E-commerce platform JD.com also made it to GlobalData’s list.
Reliance Retail profit climbs over 100% in Q1
Its net profit stood at $261m.
Alibaba Group to apply for primary listing on HKEX
The listing process is expected to be completed before year-end.
MICHAEL KORS debuts on JD.com
JD.com now features over 300 premium brands.
Pandamart Hong Kong posts 53% YoY increase in turnover
Sai Ying Pun led the order chart with a 144% YoY surge.
J&T Express expands to over 1,900 depots in Vietnam
It launched in the market in 2018.
L’Oreal achieves carbon neutrality across all North Asia sites
This covers Mainland China, Japan, South Korea, Hong Kong, and Taiwan.
Reliance Brands brings Italian luxury brand Valentino to India
Its first boutique will open in Delhi.
South Korea’s Fresheasy to launch products in Singapore online
The company plans to expand sales in Southeast Asia.
LVMH’s Fendi launches flagship store on JD.com
The brand has launched a new capsule for the incoming Chinese Valentine’s Day.
Weekly News Wrap: Freshippo seeks lower funds at $6b valuation; Uniqlo owner's performance to hint China's recovery prospects
And Shein seeks an IPO in the United States as soon as 2024.
Deliveroo launches new rapid grocery delivery service in Hong Kong
Grocery deliveries will be done in as little as 10 minutes.
Hypebeast, Jun open first Hypegolf store in Japan
The store will also be home to the first Hypebeans café in Japan.
APAC brands reinvests highest percentage of revenue in media spend
Around 4.6% of the brand revenue of APAC brands was spent on advertising.
Malaysia to record ‘healthy’ spending growth in 2022: Fitch
It posted a three-year high 29.9% growth in retail sales in May.
FMCG Asia Awards 2022 opens doors for nominations
Entry submission will close on 07 October 2022.
First Nike Style concept store opens in South Korea
It is located in Hongdae in the capital Seoul.
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1. Ayala Malls expands PH footprint with 56,000-square-metre mall in Cebu 2. Foodpanda adds Sheng Siong for on-demand grocery delivery 3. Siam Piwat embeds green rules across Bangkok mall tenants 4. Kennedy Town gets retro concept store as Wellcome expands 5. Hong Kong consumers cautious over autonomous AI purchasesResource Center
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Retail Asia will host the Retail Asia Summit – Hong Kong 2026 on 4 November 2026, bringing together senior retail leaders, luxury brand executives, and digital innovators to explore how Hong Kong’s retail industry is transforming through technology, sustainability, and evolving consumer expectations.
Commentary
If the AI agent doesn't know your brand, neither does your next customer
How Asia’s retailers can prepare for AI-first commerce