News

L'Oréal boosts beauty innovation with startup investment in SAPMENA

It offers startups collaboration opportunities with its 37 brands.

Global shoe care market to grow by $284.4m by 2029

It is driven by the demand for premium and casual footwear.

Deliveroo, Sheng Siong partner for enhanced grocery delivery in Singapore

The partnership will see 21 Sheng Siong stores available on Deliveroo

DFI Retail names new CEO of 7-Eleven in South China, Hong Kong, Macau, and Singapore

He will lead the brand’s strategy and operations in these markets.

South Korea's Lotte Wellfood expands India operations with new plant

The company plans to increase production lines from nine to 16 by 2028.

Gaw Capital Partners and Patience Capital Group acquire Tokyu Plaza Ginza

Gaw Capital holds 91% of the joint venture, with PCG owning 9%.

Custom apparel market to grow by $2.45b by 2029

It is driven by rising internet and smartphone usage.

Global e-commerce giants’ huge resources pressure Thai online retailers

Aggressive pricing, shifting consumer behavior, and rising logistics costs challenge local businesses.  

Shopee launches international platform to boost Singapore sellers

It helps local sellers expand into Malaysia and Thailand at no extra cost.

Personalised gifts market to grow by $10.76b by 2029

A key driver of growth is the rise of eco-friendly gifts.

Korea retail sales up 8.2% in 2024

Offline sales saw a modest 2% rise.

E-commerce market to grow by $12.95t by 2027

It is driven by the increasing internet usage and widespread smartphone adoption.

Australians to spend $535m on Valentine’s Day

New South Wales leads the nation in spending.

Retailers weigh market size, import restrictions in cross-border expansion

Entry decisions depend on demand, brand awareness, and trade barriers.

Digital payments make up 53% of Australia’s e-commerce in 2024

The country's e-commerce market is projected to reach $70.3b by 2029.

Singapore retail sales down 2.9% in December

Total retail sales were estimated at $4.6b.