Staff Reporter
Central Retail invests US$1.45b in Vietnam operations
Central Retail invests US$1.45b in Vietnam operations
The company plans to generate some US$4.3b in sales by 2027.
E-commerce trends brands need to keep an eye on
Two in three shoppers in Singapore browse online platforms daily.
Pharrell Williams is Louis Vuitton’s new Men’s Creative Director
The musician will assume the post immediately.
What mode of payment Filipino buyers prefer most
Cards were used in over half of the e-commerce transactions in 2022.
Suntory Group posts nearly 20% profit growth in 2022
Its profit stood at JPY136.2b, approximately US$1.01b.
Experts on adopting ESG standards: Rebuild supply chain and business models, prioritise sustainable and ethical practices
As consumers become more conscious of ESG issues, companies must keep up with this shift by becoming "listening organisations" and focusing on ESG practices.
Starbucks to open 400 stores in APAC in 2023
Its newly-opened 5,000th store is located in Gwanyang-si, South Korea.
Philippines’ baby food market to shrink by 4.5% annually until 2028
This is due to the lower childbirth rates and rising inflation.
Redbubble faces inflation-led headwinds despite cost-cutting
Investors have turned bearish because of changes in consumer behaviour.
Singapore Furniture to ramp up support to businesses, employees
This came following Finance Minister Wong’s call for businesses to upgrade.
Weekly News Wrap: Chinese retailers offer discounts on iPhones; Lawson weighing options for China unit
And Dongwon Industries eyes acquiring McDonald's Korea.
Luxury retailers to expand China offerings to other festivals: report
Retail sales in the country have generally been stronger during cultural festivities.
Shiseido launches NARS Cosmetics in India
It aims to ramp up its growth in Asia Pacific.
Deliveroo invests in upskilling riders
It allotted over $100,000 to provide upskilling opportunities to the riders.
Amazon plans hiring persons with disabilities in Singapore
It aims to employ 15% of its associates in operation networks from persons with disabilities.
adidas sees US$746m loss in 2023
This is due to the “adverse impact” of the Yeezy write-off.
L’Oreal posts 6.6% sales growth in North Asia in 2022
Its sales amounted to €11.32b (US$12.07b).
Commentary
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