News

Hermès sales in Asia up 23% in Q1 2023

Sales were boosted by the Chinese New Year.

Hermès sales in Asia up 23% in Q1 2023

Sales were boosted by the Chinese New Year.

How Foodpanda approached the food delivery downtrend

Digitalisation strengthens Foodpanda’s partnerships with restaurants for personalised customer experience.

UOB and Lazada partner for better commerce payments in SEA

This is their first cross-industry collaboration.

Sephora names SEA, Oceania & South Korea managing director

Jenny Cheah served as President of Greater China of Bulgari before moving to Sephora.

Shakey’s Pizza net profit surpasses pre-pandemic levels in 2022

This is thanks to the rise in dine-in sales and the expansion of its store network.

What brands in Vietnam need to know about the new duty-free zone

Da Nang will create a trade complex that includes a duty-free zone.

Australia, South Korea, and India are top markets for inbound duty-free shopping

Duty-free is sales to travellers of goods and products exempt from VAT.

Giordano sales up 6% YoY in Q1 2023

Its same-store sales registered a 16.1% growth.

How Amazon prevents counterfeit products on its platform

It stopped six million fake products from being sold in 2022.

Century Pacific Food net income up 6% YoY in FY22

Its revenue increased by 14% boosted by its branded businesses.

IKEA owner buys 195MW solar parks in Australia

The three solar parks can generate 340GWh of electricity.

L'Oréal to acquire Australian beauty brand Aesop

The transaction will close in the third quarter of the year.

Miniso to expand to four new markets

The company also plans to revamp its stores overseas.

Toys”R”Us Asia names new CEO

The appointment of Leo Tsoi took effect on 1 April.

Levi’s launches largest store in Asia 

The store is located in Bangalore in India.

Central Retail opens first 24-hour supermarket

It will also come with a Personal Shopper service.

Hot drinks sector in Indonesia to grow nearly 8% through 2027

This is thanks to increased outdoor mobility and tourism rebound, GlobalData reported.