News
Indian consumers may shift to packaged spices, seasonings
Indian consumers may shift to packaged spices, seasonings
Around 28% of younger millennials plan to switch to single spices and 35% to masala mixes.
CP All net profit to grow 9% YoY in Q1 2023
This is due to increased tourism and domestic consumption.
Amazon to allow merchants to sell to EU marketplaces
The sellers can list their products in at least one of Amazon's stores in nine markets.
UNIQLO to expand in Luxembourg
The first Luxembourg store will span 950 square metres over three floors.
Watsons China to open 300 physical stores this year
This will help accelerate its Offline Plus Online platform strategy.
Hermès sales in Asia up 23% in Q1 2023
Sales were boosted by the Chinese New Year.
How Foodpanda approached the food delivery downtrend
Digitalisation strengthens Foodpanda’s partnerships with restaurants for personalised customer experience.
UOB and Lazada partner for better commerce payments in SEA
This is their first cross-industry collaboration.
Sephora names SEA, Oceania & South Korea managing director
Jenny Cheah served as President of Greater China of Bulgari before moving to Sephora.
Shakey’s Pizza net profit surpasses pre-pandemic levels in 2022
This is thanks to the rise in dine-in sales and the expansion of its store network.
What brands in Vietnam need to know about the new duty-free zone
Da Nang will create a trade complex that includes a duty-free zone.
Australia, South Korea, and India are top markets for inbound duty-free shopping
Duty-free is sales to travellers of goods and products exempt from VAT.
Giordano sales up 6% YoY in Q1 2023
Its same-store sales registered a 16.1% growth.
How Amazon prevents counterfeit products on its platform
It stopped six million fake products from being sold in 2022.
Century Pacific Food net income up 6% YoY in FY22
Its revenue increased by 14% boosted by its branded businesses.
IKEA owner buys 195MW solar parks in Australia
The three solar parks can generate 340GWh of electricity.
L'Oréal to acquire Australian beauty brand Aesop
The transaction will close in the third quarter of the year.
Commentary
Digital giants to retailers: The playbook for scaling ad revenue with onsite retail media