Staff Reporter
Wearable tech sector revenue to grow $290b by 2030: GlobalData
Wearable tech sector revenue to grow $290b by 2030: GlobalData
The industry is set to expand at a compound annual growth rate (CAGR) of 14.3%.
Explore the Future of Retail at the Retail Asia Summit 2023
The prestigious conference will be held in Furama City Centre, Singapore on 16 November 2023.
Starbucks China promotes COO to executive vice president, co-CEO
Molly Liu’s appointment will take effect on 2 October.
L’Oréal names China CEO, North Asia Zone president
Vincent Boinay’s appointment will be effective in February 2024.
Central Retail launches GO Wholesale
It targets business operators and small retailers, amongst others.
SHEIN invests $85m more under evoluSHEIN Roadmap
The additional fund will support its efforts for community empowerment globally.
Former Starbucks CEO retires from board
Howard Schultz stepped down as CEO in March.
Lazada launches AI, AR-powered Skin Test Technology
It is available in all six Southeast Asian markets.
TikTok Shop launches in US
There are over 150 million TikTok users in the market.
KKR to invest around $250m in Reliance Retail Venture
The investment company will now hold a 1.42% stake in RRVL.
Alibaba is APAC’s top e-commerce player
The top three leading e-commerce firms in the region were from China.
Here are the top 10 fastest-growing APAC retailers
Indonesia’s GoTo Gojek Tokopedia PT and Singapore’s Sea Ltd. are taking the lead.
L’Oréal completes Aesop acquisition
It entered a deal with Natura &Co to purchase Aesop.
7-Eleven launches in Laos
Laos is the 20th country entered by 7-Eleven.
Foodpanda, DFI Retail Group partner to enable one-hour grocery delivery
The platform’s users can buy close to 20,000 grocery items through the app.
Reliance Retail Ventures forms JV with clothing brand Ed-a-Mamma
Reliance will hold a majority stake in the JV.
How appliance retailers boost e-commerce sales through DTC channel
They need to understand customer needs and overcome technical challenges.
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Retail Asia Awards 2025 Winner: Lionel Tan and Michael Tong of Singtel
Singtel’s Lionel Tan and Michael Tong share how smart search helps customers discover better and faster buying options.
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How retailers can lead the charge in the AI future