News
Luxury market growth expected to slow in 2025
Luxury market growth expected to slow in 2025
Key concerns include weaker demand from major consumer markets.
Australians to spend $10.5b in EOFY sales
This is up $400m from 2024.
Huda Beauty becomes fully independent after ending TSG partnership
This ends the eight-year partnership that began in 2017.
Shein to spend $15m in 2025 to boost product safety, compliance
It aims to conduct 2.5 million product tests this year.
Australian retail spending up 3.8% in April
Retail sales hit $37.2b.
Uniqlo opens first touchpoint store in Singapore
It is only 10% the size of a typical Uniqlo outlet.
FairPrice ramps up digital push with new ‘Store of Tomorrow’ programme
Innovations include self-checkouts and biometric payments.
Hong Kong retail sales down 2.3% in April
After adjusting for inflation, retail sales dropped 3.3%YoY.
Dior names new creative director
First time since Christian Dior that one director leads all three divisions.
Yum China increases share buyback to $510m for H2 2025
This is a 42% increase from the $360m planned in H1.
Puma’s ads focus on athlete collaborations across sports
It focuses on themes like athletic achievement and team spirit.
Alo Yoga opens first store in the Philippines
This marks the brand’s expansion into Southeast Asia.
DFI Retail group sells 22.2% stake in Robinsons Retail Holdings
Proceeds will be used to support DFI’s capital allocation strategy.
7-Eleven Malaysia to acquire 30% stake in BLoyalty
It will buy 30% of BLoyalty for $211,465.
Retailers race to fix store experience in Vietnam
As Vietnam’s middle class grows, retailers are investing in offline store formats.
CJ Foods to build new mandu factory in Japan
Construction is expected to finish by July.
Rakuten Group to merge five subsidiaries to streamline operations
It will be effective from 1 January 2026.
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The festive season is a revenue moment – don't let friction or fraud derail it
All that glitters: Is luxury losing its shine, or finding a new one in Asia?