Stores
Retail sales in Australia remain flat in February
Retail sales in Australia remain flat in February
It rose by 0.2% in February, following a 1.8% growth in the previous month.
Hot drinks sales growth in China hinges on reopening
The market is expected to expand to $53.9b by 2027, GlobalData reported.
Why retailers integrate technology in their operations
This includes virtual and augmented reality, and data analytics, amongst others.
Around 1 in 2 working women in India consumes VMS: Mintel
Bone and digestive health, and immunity are the top three benefits they want from VMS.
Where do consumers spend the majority of their budget?
Nearly half of the consumers shop the omnichannel.
Apparel, accessories sector rebounds in FY2021
The sector’s total revenue was up 31.3% YoY.
60 APAC firms amongst Top 250 Global retailers: Deloitte
China’s JD.com is the top retailer in the region, ranking 7th globally.
Superdry sells IP assets to South Korea’s Cowell Fashion
The transaction costs $50m.
Around 1 in 4 Thai Gen Zs find spending on preventing skin issues a waste
They prefer to buy products that address current issues.
Over 35% of Indonesians eat to reduce stress: report
Shoppers in the market buy food and drink to indulge during tough times.
Foot Locker to exit Hong Kong, Macau
It will continue to expand in the region through licenses.
JFC eyes opening 600 stores in 2023
It opened 542 stores in 2022, the highest it recorded in a year.
Around 1 in 2 Singaporeans intend to buy audio, video technology
Malaysia has the largest market share of content creators in the region.
Philippines’ San Miguel Foods net income up 21% YoY in 2022
Its revenue rose 16% YoY to around $3.2b.
Logitech Singapore, Watsons partner to bring greater access to tech accessories
Logitech is the first global tech brand to partner with Watsons.
Reliance Consumer relaunches Campa in bid to rival Coca-Cola, PepsiCo
Coca-Cola and PepsiCo currently dominate the Indian carbonates market.
Philippine-based Max’s Group’s organic income growth climbs nearly 40%
The restaurant chain reported its 2022 organic net income growth stood at P622m (US$11.3m).
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