Staff Reporter
IKEA to close 7 China stores despite expansion plans
IKEA to close 7 China stores despite expansion plans
Weak consumer sentiment a key factor in shutdown.
TikTok Shop boosts Filipino MSME sales over 200% in 2025
Over 25,000 Filipino entrepreneurs trained in TikTok Shop tools
Experiences overtaking products in luxury spending
Private jets, yachts expand 9% as travel demand climbs
Philippines' Jollibee lists international business spinoff in US
Jollibee Foods Corporation International will include its operations, businesses outside the Philippines.
Luxury distribution shifts toward value in 2025 with outlets leading
Outlets again outperformed, growing about 1% to 3%, whilst the secondhand luxury market expanded to about €50b.
Generative AI reshapes online shopping discovery with conversational search
AI-powered search could influence more than US$595b in retail e-commerce by 2028.
Louis Vuitton opens Seoul flagship store
It features six floors, 200 pieces, and a cafe and restaurant.
Bandai Namco opens Gundam flagship store in Hong Kong
Store offers over 100 Gundam models and exclusive content.
Singapore ranks seventh globally in Savills’ 'Matcha Index'
Matcha Index highlights cost competitiveness against major tech hubs
Thailand’s Central Retail exits Vietnam electronics market after Nguyen Kim sale
Thai retail giant to take $188.7m hit after sale
Singapore retail sales rise 6.3% in November 2025
It reached a value of $4.4b during the month.
Hong Kong retail sales up 6.5% in November 2025
The value was provisionally estimated at $33.7b.
Why luxury brands are losing millions of customers
About 20 million consumers left the luxury market in 2025.
China retail stays tough as price wars, weak demand persist: report
It reported private brand penetration of 4.4% in China across the four categories studied.
Is China’s FMCG market finally stabilising after the 2024 slump?
Lower-tier cities drive 80% of China FMCG growth.
Smart shopping cart market to quadruple by 2030
Supermarkets are leading adoption.
Vietnam’s e-commerce boom faces growing pains
Most rely heavily on platforms like Shopee and TikTok Shop.
Most Read
1. Global brands accept high costs as gateway strategy squeezes local shops 2. Premium fashion, seasonal collections boost designer apparel sales 3. Australian retailers cut jobs as fuel and supply chain costs surge 4. Estée Lauder in early talks with Puig over possible merger 5. Luxury brands turn to AI to boost sales and customer engagementResource Center
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