Stores
Lifestyle brand MINISO launches 1st IP-themed store in Vietnam
Lifestyle brand MINISO launches 1st IP-themed store in Vietnam
It occupies over 300 sqm at Vincom Center.
DFS to open 7-star luxury retail, entertainment destination in China
It is projected to see around 16 million visitors per year by 2030.
Shein’s market share rise to 2.2% due to high sales in the UK
It is the 14th largest apparel retailer in 2022, with a 1.7% market share.
Asian food makers expand functional offerings to bakery and savoury snacks
The bakery and cereals market is valued at US$2.4b.
FJ Benjamin combines luxury shoes and lifestyle services to turn store into a destination
The Avenue on 3 Concept Store offers various amenities including a cafe and a bar.
Shiseido launches Inner Beauty Business
The company will launch the Shiseido Beauty Wellness brand in February 2024.
What consumers prioritise in premium haircare products purchase
This includes the ingredients, price, and personalised experience, amongst others.
Reliance Retail’s Hamleys launches in Italy
Giocho Preziosi S.P.A. is the toy retailer’s franchisee.
Starbucks China promotes COO to executive vice president, co-CEO
Molly Liu’s appointment will take effect on 2 October.
L’Oréal names China CEO, North Asia Zone president
Vincent Boinay’s appointment will be effective in February 2024.
Central Retail launches GO Wholesale
It targets business operators and small retailers, amongst others.
Former Starbucks CEO retires from board
Howard Schultz stepped down as CEO in March.
KKR to invest around $250m in Reliance Retail Venture
The investment company will now hold a 1.42% stake in RRVL.
Here are the top 10 fastest-growing APAC retailers
Indonesia’s GoTo Gojek Tokopedia PT and Singapore’s Sea Ltd. are taking the lead.
L’Oréal completes Aesop acquisition
It entered a deal with Natura &Co to purchase Aesop.
7-Eleven launches in Laos
Laos is the 20th country entered by 7-Eleven.
Foodpanda, DFI Retail Group partner to enable one-hour grocery delivery
The platform’s users can buy close to 20,000 grocery items through the app.
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