News

OH!SOME opens first Philippines store

OH!SOME opens first Philippines store

Its Makati City outlet offers IP products, accessories, amongst others.

Fast Retailing sees stronger Q1 FY2026 as overseas business grows

UNIQLO overseas operations drive the majority of quarterly profits.

Global home décor market set to hit $880b by 2030

Growth driven by sustainability, digital décor, and personalised styling.

Global clothing and textile recycling market to hit $20.2b by 2031

Retailers boost recycling with take-back programmes despite logistics challenges.

IKEA to close 7 China stores despite expansion plans

Weak consumer sentiment a key factor in shutdown.

TikTok Shop boosts Filipino MSME sales over 200% in 2025

Over 25,000 Filipino entrepreneurs trained in TikTok Shop tools

Experiences overtaking products in luxury spending

Private jets, yachts expand 9% as travel demand climbs

Philippines' Jollibee lists international business spinoff in US

Jollibee Foods Corporation International will include its operations, businesses outside the Philippines.

Luxury distribution shifts toward value in 2025 with outlets leading

Outlets again outperformed, growing about 1% to 3%, whilst the secondhand luxury market expanded to about €50b.

Generative AI reshapes online shopping discovery with conversational search

AI-powered search could influence more than US$595b in retail e-commerce by 2028.

Louis Vuitton opens Seoul flagship store

It features six floors, 200 pieces, and a cafe and restaurant.

Bandai Namco opens Gundam flagship store in Hong Kong

Store offers over 100 Gundam models and exclusive content.

Singapore ranks seventh globally in Savills’ 'Matcha Index'

Matcha Index highlights cost competitiveness against major tech hubs

Singapore retail sales rise 6.3% in November 2025

It reached a value of $4.4b during the month.  

Hong Kong retail sales up 6.5% in November 2025

The value was provisionally estimated at $33.7b.

China retail stays tough as price wars, weak demand persist: report

It reported private brand penetration of 4.4% in China across the four categories studied.