News

Luckin Coffee opens 55,000-ton capacity smart roasting center in Qingdao

It features the world’s largest single coffee roaster.

FairPrice Group to expand AI-powered retail innovations across stores by 2026

This includes smart carts, digital price tags, and AI staff app.

'Proffee' trend grows as functional beverage demand increases

Busy lifestyles are driving demand for convenient functional drinks.

Singapore’s Paragon Mall set for $3.9b acquisition by CapitaLand

The deal is expected to be 2.1% DPU accretive for CICT.

Indian consumers amongst most optimistic in Asia as 75% expect higher income

Around 73% of consumers plan to increase spending on groceries.

Singapore retail weakens as costs rise and demand falls in Q1

A softer economic and employment outlook continues to dampen retail demand.

Strong Vietnam demand boosts Jollibee’s global performance in 2025

The coffee and tea segment also delivered standout performance.

KK Mart eyes Bursa main market listing with proposed 840 million-share IPO

It includes 630 million existing shares and 210 million new shares.

Kering acquires minority stake in ICICLE owner ICCF

The deal is part of Kering’s new “House of Wonders” initiative.

New UNIQLO hub strengthens distribution network across the Philippines

It is the brand’s largest logistics hub in Southeast Asia.

Beijing retail outlook 2026 hinges on consumer confidence recovery

Retail recovery remains linked to broader economic conditions.

Starbucks launches ChatGPT integration to personalise drink discovery

Photos can be used to help personalise drink choices.

Selective retail transactions favour prime high street locations in Seoul

Tourism recovery is driving foot traffic and supporting key retail corridors.

Golden Goose opens largest APAC flagship in Beijing with Venetian concept

Features include co-creation area, bespoke sneakers, tailoring, and VIP lounge.

Russell Street retail rents diverge, leasing splits in March

New, renewed, and pre-committed leases show both rental increases and declines.