News

Reliance Retail’s Hamleys launches in Italy

Giocho Preziosi S.P.A. is the toy retailer’s franchisee.

Reliance Retail’s Hamleys launches in Italy

Giocho Preziosi S.P.A. is the toy retailer’s franchisee.

Wearable tech sector revenue to grow $290b by 2030: GlobalData

The industry is set to expand at a compound annual growth rate (CAGR) of 14.3%.

Explore the Future of Retail at the Retail Asia Summit 2023

The prestigious conference will be held in Furama City Centre, Singapore on 16 November 2023.

Starbucks China promotes COO to executive vice president, co-CEO

Molly Liu’s appointment will take effect on 2 October.

L’Oréal names China CEO, North Asia Zone president

Vincent Boinay’s appointment will be effective in February 2024.

Central Retail launches GO Wholesale

It targets business operators and small retailers, amongst others.

SHEIN invests $85m more under evoluSHEIN Roadmap

The additional fund will support its efforts for community empowerment globally.

Former Starbucks CEO retires from board

Howard Schultz stepped down as CEO in March.

Lazada launches AI, AR-powered Skin Test Technology

It is available in all six Southeast Asian markets.

TikTok Shop launches in US

There are over 150 million TikTok users in the market.

Embedded finance strategy to be featured in Retail Asia Forum in Manila

Deloitte Southeast Asia’s Anna Marie Magno-Pabellon to bring her expertise on navigating regulatory implications for retail and consumer businesses to the 5 October forum.

Three areas APAC retailers could focus on to navigate the ‘post-recovery phase’

Retailers will continue to face challenges due to competition and inflation, amongst others.

KKR to invest around $250m in Reliance Retail Venture

The investment company will now hold a 1.42% stake in RRVL.

Alibaba is APAC’s top e-commerce player

The top three leading e-commerce firms in the region were from China.

L’Oréal completes Aesop acquisition

It entered a deal with Natura &Co to purchase Aesop.

7-Eleven launches in Laos

Laos is the 20th country entered by 7-Eleven.

Foodpanda, DFI Retail Group partner to enable one-hour grocery delivery

The platform’s users can buy close to 20,000 grocery items through the app.