News

Alibaba sells majority stake in Sun Art for $1.58b

The stake was intended to integrate Alibaba’s digital capabilities with Sun Art’s hypermarkets.

SM Group looks to 2025 with cautious optimism

It is expanding into underserved areas to boost retail, financial services, and property development.

Hong Kong retail sales down 7.3% in November

Online retail sales made up 9.3% of the total retail sales.

L'Oréal acquires Korean skincare brand Dr.G

The deal is expected to close in the next few months, pending regulatory approvals.

Meal deals gain ground as key offering in APAC QSRs

It remains a popular choice amongst workers and students.

FairPrice Group marks SG60 with S$6 return voucher offer

It is part of the group’s effort to help Singaporeans manage rising costs amidst inflation.

APAC parents prioritise quality in baby care amidst economic slowdown

37% believe high-quality ingredients offer good value for money.

Shein joins US CBP pilot to boost import transparency

The program helps CBP prevent illegal or hazardous goods from entering the U.S.

DKSH, Odani Kokufun expand partnership to distribute premium tea in Singapore

DKSH will provide full market expansion services for OSK’s premium tea portfolio.

How hyper-realistic food replicas enhance Japan’s retail experience

These models are now a key part of Japan’s tourism, blending art, innovation, and culinary tradition.

Philippine malls lure shoppers with complete holiday experience

Customers are expected to visit after office hours and stay late into the evenings.

Nearly 1 in 5 holiday e-commerce transactions in HK flagged for fraud

65% of consumers plan to make over half of their holiday purchases online.

Vietnamese consumers increase spending activities

Inbound tourist spending on luxury retail in Vietnam has grown by 168% since 2019.

Multifunctional cosmetics demand boosts sunscreen use in APAC

It is driven by younger generations, who are more attuned to the risks of sun exposure

Singapore's retail sector faces increased cyber threats this holiday season

The majority of breaches were caused by system intrusions and social engineering.

Gen MZ drives South Korea’s second-hand luxury boom

This shift is driven primarily by younger generations.