Stores
South Korea’s skincare market to reach $11.4b by 2026
South Korea’s skincare market to reach $11.4b by 2026
This is up from $8.5b in 2021 projected by GlobalData.
Malaysia’s wholesale, retail sales jump 15.2% YoY in April
This is due to the rise in online purchases and the Hari Raya celebration.
South Korea consumer spending to grow 2.8% in 2022: Fitch
Real household spending for 2022 will exceeds pre-pandemic levels.
Outwear brand K-Way® enters Hong Kong market
Its physical store is expected to open in October 2022.
What SEA, HK consumers plan to buy in the near future
Clothing or apparel and electronics were amongst the top items they want to purchase.
Watsons rolls out regionwide recycling programme in Hong Kong
The recycling programme in Hong Kong is in partnership with L’Oréal.
Central Pattana opens shopping center-led mixed-use project
It is the company’s first provincial project designed as a sports destination.
Central Retail invests $496m to remodel Robinson Lifestyle branches
The company plans to bring new concept designs with a “local touch.”
CU adds nine payment options for SEA customers
This came as CU saw its foreign customers rising back to pre-pandemic levels.
Weekly News Wrap: China’s retailers face wary customers post-lockdown; Singapore stores brace for chicken ban
And Amazon shuts down its Kindle store in China.
China’s 618 shopping festival to dictate retail sector’s fortunes: report
Businesses are counting on the festival to invigorate the sector.
Starbucks Japan opens new store promoting coffee grounds circularity
Its coffee grounds are turned into cattle feeds.
UNIQLO Japan same-store sales rise by 17.5% in May
Total sales including online sales also climbed by 19.8%.
A.S. Watson bares new sustainability targets
This includes reducing GHG emissions in its operations.
How the lockdown transformed consumers in the digital era
Speakers at the Retail Asia Summit discussed their forecasts for the retail industry in the next two to five years.
Hong Kong ranks 4th in Savills Retailer Attractiveness City ranking
New York, Paris, and London topped the ranking.
Starbucks Korea opens first subway store in Seoul
It does not have plans to expand to more underground locations.
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1. Lazada launches tiered membership programme in six Southeast Asian markets 2. Shopee allocates $38.46m to SME programmes for 2026 3. China’s FMCG market logs 1.3% growth in Q3 on more O2O purchases 4. IKEA opens first New Zealand store at Sylvia Park 5. Singapore shoppers start year-end buying earlierResource Center
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The Filipino snack brand transformed bacon into both a culinary canvas and a consumer favourite.
