Stores

Philippines’ Universal Robina net income flattens in Q1 

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

China leads new stores opening in 2022

The country accounted for 41% of all stores that opened last year.

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. 

Out and about, Asia Pacific consumers seek tactile experiences

Retailers need to use their stores for brand storytelling and multifunctional purposes to engage customers.

Hong Kong reclaims status as global hub for lifestyle products

The April Lifestyle Fair 2023, hosted by HKTDC, attracted nearly 56,000 buyers from over 130 countries.

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.

Retailers could bear the brunt of Malaysia’s proposed luxury tax

Introducing a tax on luxury items may send Malaysian consumers, tourists flying off on shopping sprees abroad.

FJ Benjamin opens new concept store in Singapore

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

New products, rewards and payment methods could attract budget-conscious consumers

Experts cite brands’ ingenious strategies to draw customers like tapping into their interest in games and virtual reality. Cautious spending among...

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.

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.