News
Weekly News Wrap: China's July auto sales to grow 14.9%; Filipino retailers reel from weak foot traffic
Weekly News Wrap: China's July auto sales to grow 14.9%; Filipino retailers reel from weak foot traffic
And Melbourne, Australia is shutting down most of its retail sector for six weeks.
Sa Sa adopts omni-channel sales system
It can provide a channel for its consultants to make extra commissions.
Consolidation underway amongst China's condiment brands
The top five players in the segment account for only 21% of the market share.
Japan's retail sales dipped 1.2% in June
Automobiles saw the sharpest drop in sales at 17.2%.
Hong Kong's retail sales slip 24.8% in June
The decline softened as the local epidemic abated during the month.
Sheng Siong's profits soared 98% to $54.41m in H1
The company saw elevated consumer demand in Q2.
Dairy Farm's profits dropped 35% to $115m in H1
Its health and beauty business suffered partly from lack of tourists in Hong Kong.
Influencers offer lucrative channel for China's FMCGs: report
Brands linked to comfort or cleanliness are best placed to benefit from Wanghong.
Weekly News Wrap: Chinese firms tap e-commerce platforms; Japan's retailers turn to digital tools
And India’s Reliance Industries looks to buy Future Group’s retail operations for $3.6b.
Japanese buyers favour cheaper, casual apparel: report
Shimamura is best placed to enjoy this trend.
Four in five Chinese customers ramp up online shopping amidst the pandemic
A mobile in-app tracking could drive further sales during peak shopping season.
Great Singapore Sale goes online on 9 September
It will offer various deals across retail, F&B, attractions and hotels.
Luk Fook's same store sales plunged 71% in Q1
They are planning to close five shops in Hong Kong.
Shopee adds JCB International as new payment option
They will offer year-round and seasonal discounts.
Weekly News Wrap: Asian vendors hawk wares in social media; China's consumption remains robust
And robot clocks in for Japan’s convenience stores.
RedMart rolls out two new delivery services
This aims to provide greater flexibility to customers.
Itochu eyes $5.4b FamilyMart Japan buyout
It might bring agricultural producer associations as minority stakeholders.
Commentary
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