Staff Reporter
Ingka Investments pledges $1b for recycling infrastructure
Ingka Investments pledges $1b for recycling infrastructure
It aims to accelerate the availability of recycled materials.
K-beauty platform hwahae global site reaches 100,000 users in 2 months
It also plans to launch a Japanese version of the site this year.
Lanvin Group names new executive president
Eric Chan, the current CEO, will step down and join the board of directors.
JD.com launches gift-giving feature for Chinese New Year
The feature leverages JD’s supply chain to simplify gifting.
IBM, L'Oréal team up to advance AI-driven, sustainable cosmetic formulations
A custom AI model will be created to help L'Oréal develop sustainable and high-performance products.
Australians turn to local bakeries for comfort amidst rising costs
There is an 8% increase in consumer spending on baked goods in early 2024.
Miniso launches flagship store in Thailand
This is a key step in the group’s strategy to expand in Southeast Asia.
Australia’s back to school spending set to reach $1.7b in 2025
About 5.1 million Australians aged over 18 plan to spend an average of $525 on BTS items.
South Korea’s retail sector up 8% in November 2024
Online retail sales increased by 11.8%.
Hermès revamps store in Bangkok’s Central Embassy
The redesigned boutique spans two floors.
Retail, consumer brands to boost AI investments by 52% in 2025
Companies plan to allocate an average of 3.32% of their revenue to AI this year.
Australians demand healthier, more sustainable beverage options
Experts are calling for a 20% tax on sugary drinks.
JD.com upgrades JD PLUS membership program
A key update is the "Lifestyle Service Package," which allows members to redeem PLUS credits for services.
Australian retail sales up 3% in November 2024
Black Friday sales played a key role in this growth.
JD Super launches direct supply chain for Chagan Lake fish
It sources fish caught within 24 hours and delivers them directly to customers.
Fast Retailing to revise remuneration system in Japan starting March
For new employees, monthly salaries will rise by $189.81 to $2,085.91.
Dior opens 'Gold House' concept store in Bangkok
The store’s design recreates the iconic golden façade of Dior’s Parisian townhouse.
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