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South Korean retailers expectations high as restrictions ease
But there are concerns lifting of social distancing rules could hit large discount stores.
South Korean retailers expectations high as restrictions ease
But there are concerns lifting of social distancing rules could hit large discount stores.
South Korea-based CU opens 200th outlet in Mongolia
The convenience store chain made forays in the market four years ago.
Central Retail’s e-grocery launches subscription services
The company offers free standard express deliveries at less than $3 a month.
UNIQLO opens door to London’s Regent Street
Fast Retailing noted this is its “most significant store” under the brand to date.
Malaysia-based Vertice disposes stake in Kumpulan Voir for $2.08m
Its fashion retailing business has recorded net losses since 2017.
Reliance Retail to launch handicrafts brand ‘Swadesh’
This is in support of the “Handmade in India” programme.
Central Retail invests THB100M in first standalone supermarket
The supermarket is under Tops market for consumers in Eastern Bangkok.
Bulgari launches tailor-made digital store on Tmall Luxury Pavilion
Alibaba and Bulgari joined forces in customizing the store’s interface.
South Korea’s top retailers jump to wine and whisky markets
Lotte and Shinsegae have expressed plans to set up whisky breweries.
JCCU expands sustainable product offerings
This includes 18 products that use whitebait as an ingredient.
CNSC launches duty-free stores on JD Worldwide
The store allows purchases from visitors to Hainan as early as 30 days before departure.
Weekly News Wrap: Lawson mulls supermarket chain IPO; GoTo soars 23% in market debut
And Zilingo suspends its CEO amidst a probe on its accounting practices.
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Fast Retailing profit grows 12.7% to ¥189.2b in H1 2022
The company also projected an 8.4% growth in 2022.
Thai retail sales full recovery seen in 2022, 2023
A 10% recovery was posted in 2021.
UNIQLO International poses ‘significant’ profit increase in H1 2022
It saw a nearly 50% increase in profit to ¥100.3b.
Thai furniture spending to grow 3.1% in 2022
This is following a 1.1% increase last year.
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1. Payment cards drive over 50% of Australia's e-commerce transactions 2. foodpanda launches house brand ‘bright’ 3. Half of Asian consumers prioritise inner beauty in F&B choices 4. L'Occitane International announces $1.8b privatisation offer 5. Supermarkets lead growth in Vietnam’s evolving retail sceneAwards
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