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Woolworths sells remaining 4.1% stake in Endeavour Group for $383m
Woolworths sells remaining 4.1% stake in Endeavour Group for $383m
The funds will be used to acquire the remaining 35% of PFD Food Services Pty Limited.
Rising interest in women’s sports boosts sportswear sales
This trend is fueled by high-profile events like the FIFA Women’s World Cup and WNBA games.
Dior taps former Miu Miu CEO as managing director
Petruzzo will oversee Dior’s product and supply chain teams.
Sephora unveils redesigned flagship store in Melbourne
It is now the largest Sephora location in ANZ.
Balenciaga launches flagship store on JD.com
Balenciaga joins other Kering brands like Gucci and Saint Laurent on JD.com.
APAC FMCG firms' overseas revenue grows 50% faster than domestic
This trend is largely driven by Japanese companies.
South Korea retail sector up 6.3% YoY in July
Offline sales, however, declined by 3%.
APAC automotive cameras market set to grow 4.2% annually
The market is expected to reach 323.0 million units by 2029.
MINISO launches $256m share repurchase program
The repurchases will be funded using surplus cash on MINISO’s balance sheet.
UNIQLO appoints Clare Waight Keller as creative director
She will now oversee both the UNIQLO mainline collection and menswear starting Fall/Winter 2024.
South Korea e-commerce market to reach $170.1b by 2028
This is attributed to high-speed internet, secure payments, and growing consumer trust in online shopping.
Longevity trends reshape APAC consumer priorities
In Indonesia, 55% of consumers prioritise nutrition in their food choices.
FairPrice Group and Central Food Retail partner to expand Thai offerings in Singapore
It will enhance the availability of Thai food and snacks in Singapore.
How brands can align with Gen Z’s lifestyle-focused beauty trends in India
Brands need to focus their communication on beauty maintenance routines, a growing trend on social media.
IKEA unveils revamped store in Shibuya
New features include the "IKEA Fanshop" and the "Interactive Room Design" installation.
FairPrice Group launches its most sustainable supermarket in Singapore
It is expected to have a 30% lower carbon footprint than the average FairPrice Supermarket in Singapore.
Foot Locker to exit South Korea
It plans to complete the closures and transfers by mid-2025.
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