Stores
L’Oréal invests in China-based biotech company
L’Oréal invests in China-based biotech company
This partnership will allow L’Oréal to solve the incompatibility and instability of raw materials.
Megaworld to launch Finland’s SuperPark in the Philippines
The first activity park will open in Eastwood City and will be followed by another in McKinley Hill.
Reliance Brands to acquire 76% Superdry IP in Indian territories
The consideration for the IP costs around $48.7m.
JD.com launches Green Impact Partners Alliance
Its inaugural partners include FMCG brands Breeze, OMO, and BABO.
Why APAC consumers make impulse purchases
Sales or deals, and “mood-boosting” items compel consumers to buy.
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.
Commentary
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