News
Shopee launches new initiative to strengthen IP protection
Shopee launches new initiative to strengthen IP protection
It recently launched its Brand Protection Partnership initiative.
Apple opens online store in Vietnam
Customers can personalise their shopping and avail of retail services online.
Mobile wallets gradually displaces traditional payments in India: report
Payments through mobile wallets are expected to rise by 23.9% annually until 2027.
Jollibee exits PHO24 business
This will enable the company to concentrate on its other businesses.
Suntory Beverage & Food net profit up nearly 10% in Q1
Its net profit attributable to owners amounted JPY14.6b.
Reliance Retail net profit grows by 12%
Its net profit amounted to INR2,415 crore.
Central Retail posts over 75% net profit growth in Q1
Its net profit stood at THB2.31b during the quarter.
Fast Retailing backs new Pakistan Accord
The Accord establishes a workplace safety programme in the textile and garment industry.
FamilyMart Malaysia’s store cafe secures halal certification
It plans to have 300 halal-certified FamiCafé by 2025.
SHEIN opens EMEA headquarters in Dublin City
The company plans to host around 30 pop-ups around EMEA in 2023.
Prada’s APAC market sees ‘strong’ rebound in Q1
Retail sales were up by 22% during the quarter.
Philippine-based Figaro Coffee's net income rises by over 50% in Q1
Its net income after tax stood at P99.3m (US$1.7m).
JD.com CEO steps down
Lei Xu will be replaced by CFO Sandy Ran Xu.
Tim Hortons to launch in South Korea
It signed a master franchisee agreement with South Korean QSR chain BKR Co. Ltd.
L'Oréal sees ‘strong double-digit’ growth in all zones except North Asia
This is due to a reduction of stock-in-trade in mainland China.
Coupang net income climbs by $300m in Q1
Its net income amounted to $91m.
DFI Retail names new Group chief executive
Scott Price will assume the position on 1 August.
Commentary
Digital giants to retailers: The playbook for scaling ad revenue with onsite retail media