Staff Reporter
Yeezy termination drags adidas 2022 outlook
The company ended the Yeezy partnership in October.
Philippines’ SMFB sustains ‘strong’ growth in first nine months
The company also registered its quarterly highest revenue since 2018.
Crocs’ APAC revenue soars 65.5% YoY in Q3
It has 153 stores across the region.
adidas AG appoints new CEO
Bjørn Gulden will assume the post in January 2023.
Robinsons Retail net income soars 60.8% in Q3
Its net income amounted to P1.67b.
Jollibee posts ‘record’ 36.4% net income growth in Q3
Its net income stood at P2.14b.
Could Louis Vuitton be transitioning from luxury to lifestyle?
The brand recently opened its first restaurant “The Hall by Lousi Vuitton.”
Weekly News Wrap: UK-based Ocado enters South Korea in Lotte deal; Reliance Retail in talks to enter salon business
And China-based Shein expands operations in the United States.
What retailers in China could gain on Singles Day
Increased competition is, however, expected with several other retail festivals and shopping events.
How Love, Bonito develops actionable insights in fashion
CEO of Love, Bonito, Dione Song, revealed the brand’s data strategy that led to an 8% increase in its second purchase rate.
The future of retail: a hybrid of in-store and online experience
Having an omnichannel strategy empowered by technology is the key to surviving in the retail industry, with disruptions from the pandemic here to stay.
NTUC FairPrice to offset GST increase with discount offers
This will take effect in the first six months of 2023.
Indonesia’s Bukalapak reverses loss as net profit soars over 400% in 9M
Its income stood at IDR3.61t over the said period.
Philippines' Universal Robina net income drops to P9.7b in first nine months
This is even as its core net income grew 9%.
Central Retail forecasts 20% revenue growth in 2022
This will be supported by the stronger purchasing power of Thais.
Philippines’ Century Pacific Food posts 6% net income growth
Its net income stood at P4.2b (US$71.5m).
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