News
Japan's Trial Holdings to acquire supermarket chain Seiyu for $2.55b
Japan’s Trial Holdings has announced that it will acquire supermarket chain Seiyu for $2.55b (JPY 382.6b) from its current majority owner, U.S. private equity firm KKR (KKR.N), Reuters reported.
Handbags outshine luxury market as top-performing asset in 2024
Fine art, wine and whisky were the weakest performers.
Samsung Singapore launches TikTok Shop
It features livestreams by local creators.
Shein partners with Transfar Chemicals to advance textile dyeing, finishing
It will digitalise dyeing processes.
Retail sales rebound 4.5% in January
Total retail sales were estimated at $4.5b.
Australia retail spending up 3.8% in January
'Other retailing' led growth at 7%.
Olive Young rolls out multilingual personal shopper service in Gangnam
It will be available on a trial basis until 31 March.
Alfamart to open 200 more stores in Luzon by 2025
It had a total of 2,100 stores as of end 2024.
MR D.I.Y., Lark partner to boost international expansion
Lark will deploy its tools to over 40,000 MR D.I.Y. employees.
Hong Kong’s retail sales dip 3.2% MoM in January
Online sales accounted for 6.9% of the month’s total retail sales value.
Smart home market to hit $200.8b by 2028
Leading players include Amazon, Google, and Xiaomi.
Consumers demand human oversight amidst AI’s rapid expansion
Millennials are driving AI adoption.
Sun safety awareness boosts demand in aftersun, self-tanning products in Australia
The country's sun protection market is projected to grow 3%.
Paris Baguette opens regional manufacturing hub in Johor, Malaysia
It will boost production capacity.
Ayala Land invests $77.7m in four malls
The reinvention will start this year.
Malaysian consumers prioritise Halal assurance, ethical standards in brand choices
Faith-based considerations play a crucial role in purchasing decisions.
Commentary
Digital giants to retailers: The playbook for scaling ad revenue with onsite retail media