News
Central Retail posts over 75% net profit growth in Q1
Its net profit stood at THB2.31b during the quarter.
Fast Retailing backs new Pakistan Accord
The Accord establishes a workplace safety programme in the textile and garment industry.
FamilyMart Malaysia’s store cafe secures halal certification
It plans to have 300 halal-certified FamiCafé by 2025.
SHEIN opens EMEA headquarters in Dublin City
The company plans to host around 30 pop-ups around EMEA in 2023.
Prada’s APAC market sees ‘strong’ rebound in Q1
Retail sales were up by 22% during the quarter.
Philippine-based Figaro Coffee's net income rises by over 50% in Q1
Its net income after tax stood at P99.3m (US$1.7m).
JD.com CEO steps down
Lei Xu will be replaced by CFO Sandy Ran Xu.
Tim Hortons to launch in South Korea
It signed a master franchisee agreement with South Korean QSR chain BKR Co. Ltd.
L'Oréal sees ‘strong double-digit’ growth in all zones except North Asia
This is due to a reduction of stock-in-trade in mainland China.
Coupang net income climbs by $300m in Q1
Its net income amounted to $91m.
DFI Retail names new Group chief executive
Scott Price will assume the position on 1 August.
SHEIN opens new global integrated marketplace
The SHEIN Marketplace will host domestic and international third-party sellers.
Philippines’ SMFB sustains growth momentum in Q1
The food and beverage company reported an 8% rise in consolidated net income.
adidas sees ‘better-than-expected’ growth in China despite 9% revenue decline
The company recorded ‘flattish sales’ and a small operating profit overall.
Jollibee net income drops by 10% in Q1
Its net income attributable to equity holders stood at P2.1b (US$37.6m).
Watsons expands products under the Sustainable Choices scheme
There are now 8,000 products offered under the scheme.
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EY’s Olivier Gergele highlights how retailers can navigate and thrive in today’s complex landscape and evolving consumer preferences
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By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
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1. foodpanda launches house brand ‘bright’ 2. ZALORA ramps up sustainability amidst rising demand for eco-products 3. Alternative payments dominate Hong Kong's e-commerce in 2023 4. AI-powered personalisation paints the future of retail 5. Malaysia's e-commerce market to grow by 12.8% in 2024Awards
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