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.
Share of new luxury store openings in Middle East doubles in 2022
The focus of the new openings is in Dubai.
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.
Commentary
Digital giants to retailers: The playbook for scaling ad revenue with onsite retail media