News
Reliance Retail acquires Kelvinator to strengthen consumer durables business
Reliance Retail acquires Kelvinator to strengthen consumer durables business
It targets premium home appliances segment in India.
JD Super signs $69.7m deal with Australian beef suppliers
The move aims to cut out intermediaries and reduce prices.
E-commerce drives growth in Taiwan’s credit card payments market
Online transactions make up one-third of total card transaction value.
Li & Fung acquires UK-based Orrsum to expand hosiery, loungewear business
This is Li & Fung’s first acquisition in over ten years.
Asia’s FMCG market grows 2.8% in Q1 2025
It was driven by strong performance in food, beverages, and home care.
Shinsegae duty free reopens renovated 11th Floor at Myeongdong flagship
A key highlight is the “Taste of Shinsegae” zone.
Rakuten India appoints new CEO
The change takes effect on 5 August 2025.
Acne Studios opens new flagship in Tokyo
The design takes cues from the city’s urban landscape.
Beauty industry adapts to lifestyle-based product use
Buyers now choose beauty products based on daily activities like work, exercise, or bedtime.
Retailers’ profit expectations fall to 52% in June
This is down from 59% in March.
Physical stores still key to sales amidst digital shift
94% of shoppers make purchase decisions in-store.
JD Food Delivery hires 150,000 full-time riders
It also launched $278m welfare upgrade.
Retailers bet on GenAI, in-store experience
65% of plan to invest in GenAI over the next five years.
Discount retail, social commerce emerge as key growth drivers in 2025
Strong private label offerings are helping discount retailers grow.
Visa-free access drives retail sales surge in Shanghai
Easier access has led to longer stays and more shopping.
JD.com offers 9% tax refund for overseas shoppers at flagship stores
Minimum spend of $28 in a single store on the same day required.
Global brand licensing market to hit $470.6b by 2030
Companies use it to expand into new markets and product categories.