Stores
Suntory Pepsi rolls out 100% recycled PET bottles in Thailand
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.
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.
Commentary
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