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Philippines’ Jollibee to acquire majority share in its Hong Kong franchisee
It will hold a 60% share in Meko Holdings for $16.08m.
Philippines’ Jollibee to acquire majority share in its Hong Kong franchisee
It will hold a 60% share in Meko Holdings for $16.08m.
Southeast Asia’s QR Code payments to surge 590% by 2028
This is due to the cross-border interoperability within countries in the region.
Singapore customers seek transparency amidst companies’ AI adoption growth
About 9 in 10 said they want to know whether they are speaking with AI or a human.
Wolverine World Wide sell Hush Puppies IP in China
It will continue to own and operate the Hush Puppies brand in other markets.
Central Retail unit’s revenue could reach $285.2m
Central Marketing Group has over 40 lifestyle brands in its portfolio.
Hong Kong average retail vacancy rate hits three-year record low in Q2
Leasing activities recover as Hong Kong’s retail sector continues to improve.
Overall retail vacancy in China’s 16 major markets down to 11.01% in Q2
Brands are opening their first stores or are accelerating their expansion in China.
Payment cards lead e-commerce payments in UAE
Alternative payments are the second most preferred payment method.
E-commerce platform Temu launches in the Philippines
Temu will have to compete with e-commerce giants such as Shopee and Lazada.
UNIQLO names COO to lead global expansion
Board Director Daisuke Tsukagoshi’s appointment will take effect on 1 September.
Retail sector amongst leading GenAI talent recruiters
Amazon.com has a job posting for Machine Learning Architect.
Roark Capital acquires Subway
Subway accounts for 14% of the global sales in the bakery products limited-service restaurants sector.
Qatar Investment Authority to invest $1b in India’s Reliance Retail Ventures
It will now hold a 0.99% stake in RRVL.
Tims China targets opening 1,700 Popeyes restaurants
It opened its flagship store in Shanghai.
Starbucks Malaysia launches Signing Store in Borneo
Signing Stores create job opportunities for the deaf, and hard-of-hearing people.
Marimekko expands to Vietnam, Malaysia
It signed a franchise deal with Jaspal Group for its growth in Asia.
JD.com, Gucci ink digital partnership
Gucci will open its flagship online store on the e-commerce platform.
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1. Blurring lines between online and offline retail in Asia Pacific 2. Hybrid stores reshape airport retail landscape 3. Malaysian retail sector sees 173% surge in hiring activity 4. DFI Retail Group and PolyU SPEED ink MoU for retail talent development 5. Rakuten and Thailand join hands to showcase Thai productsResource Center
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1. Blurring lines between online and offline retail in Asia Pacific 2. Hybrid stores reshape airport retail landscape 3. Malaysian retail sector sees 173% surge in hiring activity 4. DFI Retail Group and PolyU SPEED ink MoU for retail talent development 5. Rakuten and Thailand join hands to showcase Thai productsAwards
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11