News

SHEIN opens new global integrated marketplace

SHEIN opens new global integrated marketplace

The SHEIN Marketplace will host domestic and international third-party sellers. 

Philippines’ SMFB sustains growth momentum in Q1

The food and beverage company reported an 8% rise in consolidated net income. 

adidas sees ‘better-than-expected’ growth in China despite 9% revenue decline

The company recorded ‘flattish sales’ and a small operating profit overall. 

Jollibee net income drops by 10% in Q1

Its net income attributable to equity holders stood at P2.1b (US$37.6m).

Watsons expands products under the Sustainable Choices scheme

There are now 8,000 products offered under the scheme.

APAC consumers seek sensory adventures and physical experiences: study

WGSN’s Asia Shopper Forecast 2023 dives into shopper profiles and their desires.

Suntory Pepsi rolls out 100% recycled PET bottles in Thailand

PET bottles accounted for nearly 60% of soft drinks packaging volume in 2022. 

Philippines’ Universal Robina net income flattens in Q1 

This is due to higher financing costs and non-cash impairments in its farm business. 

Domino’s Pizza to open over 400 stores in China until 2024

This came after the franchisee in China debuted on Hong Kong Stock Exchange.

Australia’s retail sales up 0.4% in March

This is higher than the 0.2% increase in the previous month. 

Australians prefer in-store retail due to digital shopping fatigue

Around 3 in 5 Australians want in-store retail therapy.

SKS Capital invests in South Korea’s Grace

The $5m raised will be used for Grace’s business expansion.

How SHEIN cuts carbon emissions in its warehouses

The company aims to cut its greenhouse gas emissions by 25% in its value chain by 2030.

Singapore’s coffee sales to see ‘steady’ growth in next five years

The market is expected to grow by 3.2% CAGR over 2022-2027. 

Retailers must embrace 'demand sensing' to improve performance: Kearney

New technologies and initiatives to measure consumer behaviour numerically can increase demand forecasting accuracy.

FJ Benjamin opens new concept store in Singapore

A 40-seater cafe and bar are open for customers.