News
Nike’s net income stumbles 22% in Q1 2023
Its net income stood at $1.46b in the three months ending in August 2022.
Nike’s net income stumbles 22% in Q1 2023
Its net income stood at $1.46b in the three months ending in August 2022.
Consumer spending in Indonesia to see ‘strong growth’ in 2022
But it will slip slight in 2023.
‘Stunted’ disposable income growth to drag HK, China consumer spending
Disposable income in the market is expected to average 3.3% in 2022.
International borders reopening to boost HK’s luxury market
Hong Kong is home to a large number of global luxury retailers.
Red Ribbon PH opens 38th bakeshop in the US
It is its fourth location in San Diego.
Malaysia’s foodservice profit to see nearly 9% growth through 2026
It is expected to reach $23.5b in 2026.
Central Retail’s membership store Tops CLUB opens door
It offers imported products from exclusive brands across the globe.
Alternative e-commerce gains traction led by business messaging
They accounted for around 25% of online spending in Thailand and the Philippines.
Central Retail launches Tops Vita
It is considered Thailand’s first O2O vitamins retail.
Jollibee's 85th North American location opens in Philadelphia
It is Jollibee's first store in Pennsylvania.
Offline shopping plays key role at purchase stage: report
Around 41% of the spending was done offline.
‘Indulgent’ food segment at ‘high risk’ to inflation: GlobalData
The segment will only grow by 2.2% in volume annually from 2021 to 2024.
Weekly News Wrap: China pledges growth support on spending; Amazon India to waive 50% fee for new sellers
And Reliance seeks acquisitions amid plans to expand to consumer business.
SM Supermalls launches Christmas countdown campaign for marginalised communities
A total of 76 malls will be participating in the initiative.
E-Commerce GMV growth in Southeast Asia slows but remains ‘healthy’
Online purchase frequency dipped due to the relaxation of COVID restrictions.
Southeast Asia’s digital consumers to reach 370 million by end-2022
It is expected to grow to 402 million by 2027.
Why carbon labelling has not yet materialised amongst food, drink firms
Inflation and food security concerns have been the main focus this year.
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1. L'Occitane International announces $1.8b privatisation offer 2. Supermarkets lead growth in Vietnam’s evolving retail scene 3. Philippines’ SM Prime Holdings to open four new malls in 2024 4. JD.com launches ‘Trade-in Alliance for Household Appliances and Home Goods’ 5. 85% of A2000 retailers in Asia-Pacific to invest in GenAI by 2027Resource Center
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1. L'Occitane International announces $1.8b privatisation offer 2. Supermarkets lead growth in Vietnam’s evolving retail scene 3. Philippines’ SM Prime Holdings to open four new malls in 2024 4. JD.com launches ‘Trade-in Alliance for Household Appliances and Home Goods’ 5. 85% of A2000 retailers in Asia-Pacific to invest in GenAI by 2027Awards
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11