Stores
Japanese brand GU to open first store in the US
Japanese brand GU to open first store in the US
Its pop-up store will be located in Soho, New York.
Robinson Retail net income doubles in Q2
The company recorded a 124% net income growth to P1.68b.
SMIC net income jumps 27% YoY to $457.6m in H1 2022
It is supported by the strong retail activity due to higher foot traffic in malls.
Fashion house Max Mara launches store on JD Luxury
The store released a T-shirt exclusively on the platform.
Philippines’ SMFB posts 8% net income growth in H1
The company also saw its highest level of revenue and profitability since 2018.
Australia’s retail sales up 1.4% in Q2
This is the third consecutive growth since Q4 2021.
Weekly News Wrap: Alibaba deems last year 'most severe' in decades; Zomato plunges as share lock-in period ends
And Japan’s Sankyo Seiko to purchase a French luxury fashion house.
Shanghai's mall rents to remain under pressure in short term: report
The city resumed in-store dining from the end of June.
Canada-based Lululemon launches on JD's platform
The athletic apparel store offers love-themed clothing for Chinese Valentine’s Day.
Central Retail launches megaproject ‘Tops CLUB’
The project seeks to bring a global household shopping experience.
UNIQLO launches campaign to urge customer participation in sustainability initiatives
Customers can buy items made from recycled materials and join coastal clean-ups.
Philippine brand BALAI net income soars to P9m in Q2
This is up from P2m in the same period last year.
Click here: APAC brands log in to social media to engage with customers
A Nielsen study found that 56% of APAC marketers consider social media as the most effective channel.
JFC expands China presence with 9th Tim Ho Wan store
The company plans to open 10 more in the market.
Philippines’ URC posts P6.5b net income in H1
This is lower compared to the same period last year.
Korea retail sales rises 9.3% in H1 2022
Offline and online retailers saw an 8.4% and 10.3% growth, respectively.
Australia retail sales rise 0.2% MoM in June
It is the smallest increase so far in 2022.
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It was honoured for improvements to its shopping platform, "Platform of Opportunity," and Disney-themed customer experience.
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Packaging the future: Why Asia’s F&B sector must treat sustainability as strategy