News
Coffee and tea shops in SG set for 1% CAGR through 2025
Coffee and tea shops in SG set for 1% CAGR through 2025
In 2023, such shops recorded a sales value above US$200m.
Korean fashion brand Layer signs exclusive licensing deal with Marithé François Girbaud
Marithé François Girbaud’s rebranding in Korea led to $74m in sales.
Embedded finance boosts inclusion for APAC's unbanked
Digital IDs and credit solutions target financial accessibility.
Taylor Swift's concert boosts Australian retail sales by 0.3% in February
The clothing, footwear and personal accessories sector saw the biggest growth.
IPPG and China Duty Free to open 3 duty-free outlets in Vietnam
This first store will open in Quang Ninh Province this year.
Ajinomoto Philippines switches to 100% renewables in manufacturing facility
It is achieved through the government’s Retail Competition and Open Access Programme.
Retail sales value rises 1.9% YoY in February
The total value stood at HK$33.8b.
VinFast opens first dealership in Indonesia
It is also planning for further expansion across major cities in 2024.
APAC foodservice spending hits $1.3b
Consumer foodservice spending in the region is projected to return to pre-COVID levels in 2024.
Jollibee's JWPL pledges $66.76m to Titan Fund II for F&B sector growth
It will hold a 90% stake in Titan Fund II.
Shein is world’s largest apparel retailer in 2023: GlobalData
The retailer’s gross merchandise value soared to approximately $45b last year.
Grown Alchemist opts for private ownership post L'OCCITANE exit
The brand is targeting international expansion, with a particular focus on North America and China.
APAC retailers urged to embrace entertainment-led strategies
Retailers are encouraged to transform their physical stores into entertainment hubs.
L'Occitane names Green Yip as new APAC managing director
Yip previously served for Estee Lauder as Vice President for Travel Retailing.
Fashion brands falling behind on decarbonisation targets
This is due to supply chain disruptions and demand management issues.
South Korea’s cosmetic exports surge 20% to $2.3b in Q1
It reflects the country's growing influence in the global beauty market.
Most Read
1. Global coffee shop market set to hit $290.23b by 2032 2. FairPrice AI trolleys trigger 80% surge in shopper spend 3. Tim Ho Wan doubles restaurants in Hong Kong following Jollibee acquisition 4. Primark UAE entry begins with three Dubai stores in 2026 rollout 5. New Balance expands presence in Kuwait with new concept storeResource Center
Read Here
Advertise
Sign Up
Awards
Jun
03
Events
Event News
Top executives from SM Supermalls, National Book Store, ACE Hardware, and more will share insights on AI operations and localised marketing.
Commentary
The festive season is a revenue moment – don't let friction or fraud derail it
All that glitters: Is luxury losing its shine, or finding a new one in Asia?