Staff Reporter
Robinsons Retail completes BPI buy-in deal
Robinsons Retail completes BPI buy-in deal
The company purchased 200 million shares of the bank.
Shopee ends Poland operations
Orders placed before 13 January 12 a.m., will still be processed.
UNIQLO Japan’s operating profit drops by 5.6%
Its operating profit stood at JPY39.4b in the first quarter of FY2023.
Fast Retailing Q1 profit contracts 9.1% in FY2023
This is despite a 14.2YoY revenue growth.
Fraud Detection, Prevention Must Look Beyond Technology
Risk prevention executives cite a combination of strategy, cooperation, data, good customer service.
LVMH appoints new Louis Vuitton, Christian Dior Couture CEOs
Their appointment will be effective on 1 February.
Carlyle buys majority take in India-based skincare, beauty firm
It will support the business growth and brand building of VLCC.
Brown - Forman Japan leads female engagement with digital promotion
It promoted the brand through a collaboration with three of Japan’s most famous female bartenders.
Korea’s internet firm Naver acquires Poshmark
They plan to establish a global player in the online fashion re-commerce market.
Reliance Retail Ventures unit acquires 50% stake in beverage firm
The remaining stake in SHBPL will still be owned by the Hajoori Family.
Black Friday sales drive up Australia’s November retail turnover
Retail turnover climbed by 1.4% during the month.
Market Kurly operator postpones planned IPO
The company plans to push through with public listing ‘at an optimal moment.’
South Korea's department stores reduce VIP benefits
Analysts said VIP customers surged amidst a spike in luxury consumption.
Weekly News Wrap: As travel resumes, China’s luxury shoppers stay local; Challenging outlook for Hong Kong’s retail sector
And Apple begins hiring retail store staff in India.
Long-term plans assessment needed for Shanghai’s retailers: report
Most brands in the city have been focusing on streamlining existing operations.
L’Oréal invests in micro-printing startup
The company developed the L’Oreal Brow Magic with Prinker Korea.
Around 3 in 5 Malaysian e-commerce sellers optimistic for 2023
Sellers in the health and beauty category are the most optimistic.
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